Tridge summary
In the first five months of 2024, Polish beef exports have experienced a significant surge due to increased domestic cattle slaughter and the opening of the Turkish market to EU beef. The total beef export volume from the EU to third countries rose by 15% compared to the previous year, with the UK and Turkey being the primary recipients. Poland, with its low domestic beef consumption, exported 4% more beef and veal products in the first four months of 2024, generating 3% more export revenues year-on-year. Additionally, non-EU markets like Turkey, UK, and Israel have seen a notable increase in imports of Polish beef, attributed to higher deliveries to Turkey. Although beef imports to Poland have also grown slightly, the purchase prices of slaughter cattle in both the EU and Poland have remained lower than the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The buoyant foreign demand for Polish beef has led to an increase in the number of cattle delivered to slaughterhouses in Poland since the beginning of 2024. In the period from January to May 2024, industrial slaughter of cattle (excluding calves) amounted to 522,000 tons in live weight (274,000 tons in hot carcass weight) and was 21% higher than in the same period of 2023. Opening of the Turkish market In 2024, exports of beef products from the EU to third countries have been increasing, despite limited supplies of beef on the EU market and low price competitiveness of EU beef on the global market. This is the result of, among other things, the opening of the Turkish market to EU beef and a reduction in domestic consumption. In the period from January to April 2024, EU countries exported a total of 353,000 tons of beef products (in carcass equivalent) to third countries, which is 15% more than a year earlier. The largest amount of beef was sold to the United Kingdom - 118,000 ...
Source: Agroberichtenbuitenland
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