Latest trade data for August 2021 shows mixed picture for UK pig meat

Published 2021년 10월 28일

Tridge summary

UK pig meat imports remained low in August, despite a price differential between the UK and EU, with the average price of pork imported being 10% lower than the previous year. Import volumes increased slightly when looking at all pig meat products, but fresh and frozen pork volumes were still lower than August 2020. There was a decrease in imports from several EU states, but this was counteracted by increased shipments from Germany and Belgium. Exports of fresh and frozen pork also saw a quarterly decrease, with a significant decrease in shipments to China and the EU. However, offal exports to China saw robust growth, with a 56% increase compared to the previous year.

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

Original content

Despite a widening price differential between farmgate pig prices in the UK and EU, the AHDB notes that UK pig meat imports remained at relatively low levels during August. However, when looking at all pig meat products, there was a small increase compared to both a year earlier (+2%) and July 2021 (+3%). Looking at fresh and frozen pork, volumes were still a little lower than August 2020. There were lower volumes coming in from several EU states, most notably Ireland. However, this was largely counteracted by increased shipments from Germany and Belgium. The German market is currently unable to export to most countries outside of the EU due to African swine fever cases within its borders. Most markets it can access have, therefore, taken more German pork this year and German prices have faced downward pressure. Imports of bacon were higher than last year during August. However, imports were particularly low at this time last year, and compared with July 2021, volumes were 3% ...

Source: Thepigsite