UK pork exports return to pre-pandemic levels

Published 2022년 10월 4일

Tridge summary

UK pork exports in July reached 29,600 tonnes, a 5% increase from June and a 4% increase year-to-date, with all major product categories experiencing growth. Despite a decrease in exports to China, the global market is rebalancing with the EU absorbing China's lost trade and the Philippines increasing its share of UK exports. Pork imports into the UK have grown by 19% year on year, driven by bacon and sausage categories. Domestic pork production is forecasted to decline by 6% by the end of 2022, potentially leading to lower imports due to the weakening pound and the cost-of-living crisis.

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

Original content

UK pork exports totaled 29,600 tonnes in July, up 5% (1,400 tonnes) in June and 4% (1,100 tonnes) in 2022. This brought year-to-July volumes to 223,000 tonnes, an increase 9% (17,500 tonnes) in 2021 and almost at the same level as exports for the same period in 2020. All major product categories saw growth in volumes shipped this year (Jan-Jul). While fresh/frozen pork growth has been more moderate (up 2%), it still remains the largest export product category with a market share of 53% (117,700 tonnes) so far in 2022. Growth in offal exports increased 11% on the year to a record 84,300 tonnes, increasing its market share to 38%. Following the contraction in 2021 following Brexit, export volumes of bacon and processed pork increased to pre-pandemic volumes, while sausages returned to 2020 levels. Exports to China have been falling for the past two years as the Chinese swine population increases. Shipments to China stood at 10,100 tonnes in July, down 12% (1,300 tonnes) from the ...

Source: Portal Do Agronegocio