The US and Canada gain market share in Oceania at the expense of the EU

Community exports of pork are losing prominence in Oceania and are ceding it to the US and Canada, which are registering strong increases in their exports to this continent. One of the reasons North American exporters are gaining market share in Oceania is because their price is more competitive. Another reason could be found in the fact that transportation is more expensive for Europeans, since the route through the Red Sea is almost no longer used by ships. The United States has become Australia's largest pork supplier in the first quarter of 2024, with sales increasing 270% to 23,000 t of fresh and frozen pork. The United States' market share in Australian imports grew from just under 20% to the current 56%. Canada was also successful and increased its sales by 170% to 3,900 t. Oceania is not the main area of influence for EU pork exporters, but Australia was the ninth largest customer, receiving 95,000 t. New Zealand could gain importance in the future thanks to the free trade ...