News

EU: Exports of live pigs and pork also decreased

Other Frozen Pork Cuts
Austria
Czechia
Published Jan 31, 2024

Tridge summary

The European Union's international sales of fresh, frozen and processed pork fell by 20% from January-October 2023, according to data from the European Commission. Despite this, the price for 'E' class trade pigs remained stable at 2.1 euros/kilogram. In Hungary, live pig exports fell by 6% while imports rose by 16%. The volume of pork sold internationally decreased by 10%, but its value increased by 11%. Pork imports volume decreased by 13%, but its value was 20% higher. The price of domestically produced slaughter pigs in Hungary increased by 3.5%.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

According to data from the European Commission, in January-October 2023, the European Union sold 20 percent less (3.5 million tons) of fresh, frozen and processed pork on the international market than a year earlier. In the European Union, the slaughterhouse entrance price for pigs belonging to the "E" trade class was 2.1 euros/kilogram of cold carcass weight in December 2023, and did not change significantly over the course of a year. The pig prices of companies and slaughterhouses that are decisive from the point of view of the EU pig market rose by an average of 2 percent in the 3rd week of 2024 compared to the average price of the same week of the previous year. According to the KSH data, Hungary's live pig exports decreased by 6 percent (28 thousand tons) in January-October 2023 compared to January-October 2022. The main partners were Romania, Austria and Slovakia. Imports of live pigs increased by 16 percent to 64,000 tons, Slovakia, Croatia, Germany and the Czech Republic ...
Source: Trademagazin
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