In 2022, pork price in Europe reaches the highest average in the entire history of the MPB

Published 2023년 1월 3일

Tridge summary

Price fixing in many European countries was suspended and resumed in January, with stable prices in Germany and Spain, but pressure from slaughterhouses in the Netherlands, Belgium, and Denmark. The average base price in Germany was the highest ever recorded, but the industry faced challenges from production costs and diseases. The pork market in Spain experienced lower supplies due to strong demand, while trade was slowing down and the extent of recovery was awaited. In the United States, pork prices were recovering despite logistical problems caused by cold weather. In China, pork prices had fallen due to weak demand and the lifting of anti-Covid restrictions, but the state was preparing to replenish meat stock reserves to support the price.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Traditionally, price fixing in some European countries such as Germany or Spain was suspended the last week of the year and will not resume until the first days of January. Despite the intense slaughter activity carried out during the first weeks of December to meet orders for the end-of-year celebrations, certain prices remained stable until the last days of 2022, as in Germany or Spain, while others ( Netherlands, Belgium, Denmark) have come under strong pressure from slaughterhouses. The slowdown in activity observed over the past two weeks should not generate too many slaughter postponements due to the overall decline in the European herd and the favorable position of public holidays at the end of the week. In Germany, according to data transmitted throughout the year by the association AMI, the average base price stands at 1.81 euros, up 35.2% compared to the 2021 reference. this price is the highest ever recorded (at least since the changeover to the euro), the year 2022 ...
Source: Pleinchamp

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.