UK's pork imports continue upward momentum in November

Published 2024년 1월 17일

Tridge summary

UK pig meat imports in November increased by 1,200t compared to October, with a year-on-year increase of 1,000t. Total year to date imports are down 2% compared to the same period in 2022. Lower production in the UK and lower European pig reference prices are contributing to the increase in import volumes, while demand factors have also played a role.

UK pig meat exports in November decreased by 4% compared to the same month last year, with total year to date exports 19% lower compared to the same period last year. All product categories have seen year-on-year declines, except for fresh/frozen pork. China is a major buyer of offal, though exports to China have been trending below previous years. The reduction in domestic production and the gap between UK and EU pricing are factors impacting the export market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Imports of pig meat to the UK totalled 71,300t in November, up by 1,200t compared to the volumes recorded in October, the forth month in a row to record month-on-month growth. When comparing year on year, there is an increase of 1,000t. For the year to date (January-November), UK pig meat imports totalled 720,100t which is down 2% (-18,100 t) compared to the same period in 2022. Looking into product categories, imports of fresh/frozen pork have recorded the largest increases totalling 3,000 t (11%) for the month of November. Sausages have seen volumes down by 1,000 t (-7%) followed by lower volumes of bacon -900 t (-5%). Processed meat has seen the smallest decline back 3% compared to last year. Multiple factors are contributing to the increase in import volumes. While lower production in the domestic market remains central (UK’s pig population remains at its lowest in over a decade). Lower European pig reference prices which have been declining over the last few months, also ...
Source: Ahdb

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