Spain: Exports of cured ham fall by 2% between January and March

Published 2021년 5월 26일

Tridge summary

The Spanish Serrano Ham Consortium has reported a 2% decrease in exports and a 1.9% decrease in export value in the first quarter of 2021, compared to the same period in 2020. Despite this, the average price of a kilogram of ham increased slightly to 9.8 euros. The European Union accounted for 77.4% of cured ham exports, while third countries made up 22.6%. Chile and China saw the most significant growth in terms of value. The format of the exports also saw changes, with a decrease in value for bone-in ham but an increase in volume, and a decrease in volume and value for boneless ham.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Spanish Serrano Ham Consortium (CJSE) has released the export figures for Spanish cured hams and shoulders during the first quarter of 2021, a period in which a total of 9,994.9 tons were exported, compared to the volume obtained during the same period of 2020, with 10,207.3 tons; which has meant a 2% drop. Likewise, exports were carried out for a total value of 98.4 million euros, which has implied a decrease of 1.9% compared to the previous year. However, the average price of a kilogram of ham has increased slightly during this period, reaching 9.8 euros, 0.15% compared to the same period in 2020, when it was 9.8 euros / kilogram. In addition, the average price in European Union countries stood at 8.8 euros, compared to 12.7 euros in third countries, leading to a drop of 0.8% and a rise of 1.4%, respectively. “The stabilization of average prices during this period is due, once again, to the export that is carried out of fractionated product. From the CJSE, we estimate that, ...

Source: Financialfood