Pork exports from Denmark are growing despite the many problems of the EU market

Published 2021년 6월 28일

Tridge summary

Brexit has impacted the Danish pork industry, leading to a decrease in pork exports to the UK by 19%, but an increase in pork exports to non-EU markets, especially China, by 20%. Other countries like South Korea and the Philippines have also tripled their pork imports from Denmark. In Q1 2021, Danish pork exports rose by 11.2% to 550,440 tonnes, with China and the UK being the largest buyers, and Germany remaining the largest EU market, despite a decrease in exports by 11.5%. Other EU countries like Poland and Italy also increased their imports.

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

Original content

Brexit has led to a sharp reduction in the supply of Danish pork to the UK. China, on the other hand, is buying much more pork from Denmark than before. Germany remains the most important customer for the Danes. The increase in the pig stock and the decline in livestock exports resulted in an increase in pork production this year. Breeders rightly noticed that the greatest opportunity for their business is to focus on pork export. It is visible in economic indicators. Landbrug & Fødevarer says pork exports, including by-products and live animals, increased by 11.2% year-on-year and reached a volume of 550,440 tonnes in Q1 2021. Meat exports alone increased by 17% to around 447 000 tons. The significant increase in pork exports was mainly due to good business relations between Danish farmers and third countries. In their case, the volume of deliveries increased by 51,500 tons, or 21.5% (to the level of 291,450 tons) compared to the same quarter last year. During the analyzed ...

Source: SwiatRolnika