October UK beef trade review

Published 2022년 12월 22일

Tridge summary

In October, the UK saw a 14% increase in fresh and frozen beef imports compared to September, though they were 9% lower than the previous year, with the majority coming from Ireland. Despite this, Ireland's total beef shipments to the UK have fallen by approximately 10% in the first ten months of 2022. Germany has emerged as a new top supplier, with a three-fold increase in beef exports to the UK this year. Meanwhile, UK beef exports to the EU rose by 10% year-on-year in October, but there was a decline in shipments to several other countries, including Iran, the US, the Philippines, and Ireland. From January to October, UK beef exports increased by 26% compared to the same period in the previous year, reaching a value of £559.6 million, a 56% increase year-on-year.

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

Original content

Imports During October, the UK imported 21,100 tonnes of fresh and frozen beef, up 14% compared to September volumes, but 9% lower versus October a year ago. This is according to the latest data from HMRC. The majority of the month-on-month uplift came in fresh product, predominantly from Ireland. Fresh Irish beef imports totalled 12,500 tonnes, up nearly 3,000 tonnes (29%) on the month. Total frozen beef import volumes fell slightly in October compared to September. Frozen imports from Ireland stayed relatively stable at 4,300 tonnes. However, shipments halved from Germany to 600 tonnes, while other EU suppliers including Poland also sent less. The October figures meant that total UK fresh and frozen beef imports for the year-to-date (Jan-Oct) stood at 193,000 tonnes, down just 1% compared to the same period a year ago. There have been some changes among suppliers during this time. Shipments from Germany have increased three-fold, from 4,000 tonnes in 2021 to nearly 13,000 tonnes ...

Source: Ahdb