Portugal's pig exports increased by 9.1% in Q1

Published 2021년 6월 3일

Tridge summary

Portuguese pig farming has experienced a surge in growth, with exports of pork and derivatives increasing by 9.1% in the first quarter of 2021 compared to the same period in the previous year, totaling 53.8 million euros. The volume of these exports also saw a significant increase of 21.9%. China is the primary market for these exports, valued at 19 million euros. This growth is all the more impressive considering the challenges posed by the pandemic. Additionally, the quarter saw a decrease in imports by 21.7%, totaling 87.5 million euros.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

After a year of growth, in the midst of a pandemic crisis, Portuguese pig farming once again outperforms itself and registers an increase in exports of over 9% in the first three months of 2021. Exports of pork, pork and derivatives increased by 9.1% in value compared to the same period last year. The data were released by INE which reveals that, between January and March 2021, the sector exported a total of 53.8 million euros, corresponding to 27.6 thousand tons, resulting in an increase in volume of 21.9%. The category that suffered the greatest increase was frozen meat, which in the first quarter of 2020 represented 16.2 million euros and in the same period this year reached 24.8 million euros. This increase contrasts with the decrease in the output of pigs destined for slaughter, which suffered a reduction of 19.7%, standing at 17.2 million euros. China increasingly assumes itself as the preferred destination for national pork exports, with its market worth a total of 19 ...
Source: AgroNegocios

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.