UK pork trade falls in the first quarter

Published 2024년 6월 20일

Tridge summary

In Q1 2024, the UK's pork export volume dropped by 5.1% year-on-year to 75,500 tonnes, the lowest since 2015. Fresh/frozen pork exports decreased by 10.8% to 30,900 tonnes, while offal and processed pork exports hit record highs of 35,300 tonnes and 4,400 tonnes, respectively. The EU-27 and China were the largest markets, accounting for 42% and 38% of exports. The Philippines experienced an 8% growth in volume. UK pork imports fell by 1.9% to 182,300 tonnes, with processed bacon and pork imports seeing the largest declines, while fresh/frozen pork and sausages had smaller growths, with sausages reaching the second highest volume ever recorded.

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

Original content

The UK's pork export volume in the first quarter of 2024 was 75,500 tonnes, down 5.1% year-on-year and the lowest value for the first quarter since 2015. While meat exports of fresh/frozen pork decreased by 10.8% compared to the previous year, to 30,900 tonnes, export volumes of offal and processed pork continued to grow, maintaining the trend observed in recent years. In the first quarter of 2024, volumes in both categories reached the highest level ever recorded, with 35,300 tonnes of offal and 4,400 tonnes of processed pork. The EU-27 has the largest market share at 42%, closely followed by China at 38%. The Philippines recorded annual volume growth reaching 8%. The total UK pork import volume in the first quarter of 2024 was 182,300 tonnes, a decrease of 1.9% compared to 2023 and the lowest volume recorded in the first quarter (excluding 2021, when Brexit had a serious impact on trade). Processed bacon and pork recorded the biggest losses in ...

Source: 3tres3