EU: Pork production gains but weaker exports pressure prices

Published 2024년 9월 13일

Tridge summary

The article highlights the growth in EU pig meat production due to increased slaughter numbers, with significant gains in Poland and Germany, while Spain experienced a decline. EU pig meat imports have decreased, with the UK remaining the largest supplier despite a reduction in volume, and Chile increasing its exports to the EU following a new trade agreement. However, EU pig meat exports have dropped, particularly to China and Japan, due to heightened competition and economic challenges. Despite the rise in production, prices have fallen because of oversupply and weak demand, with the EU S grade pig price declining for three consecutive weeks.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This growth has been driven by production gain across most EU nations. Poland saw the largest increase up 80,000 tonnes to sit at 934,000 tonnes so far this year. Germany, the second largest producer in the EU, made production gains of nearly 19,000 tonnes to reach just under 2.1m tonnes up to June, while Danish production grew 2% to 673,000 tonnes. However, Spain (the largest producer in the EU) saw a decline of just over 27,000 tonnes to 2.46m tonnes in 2024 so far. On the whole, gains in production over the past year have been driven by increased slaughter numbers. Slaughter in the EU-27 bloc grew by 122,000 head up to June 2024, to sit at just under 110m head. Polish pig kill increased by 634,000 head (7%) to total 9.7m head so far in 2024, with Germany recording minor growth of 46,000 head to 21.9m head. Although production gains were seen in Denmark, pig kill recorded a fall of 248,000 head (3%) to 7.2m head, which would suggest heavier carcase weights have been the driving ...
Source: EuroMeat

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