South Korea deal will offer enormous opportunity for UK pork sector

Other Frozen Pork Cuts
United Kingdom
South Korea
Published Feb 7, 2023

Tridge summary

South Korea will offer major opportunities for UK pig producers, the NPA has stressed, ahead of negotiations on a new free trade agreement. The NPA has responded to the Department for International Trade’s call for input on trade with South Korea. “South Korea is a very significant pork market, not just in Asia but globally,” said NPA senior policy adviser. “Pork is the number one protein for Korean consumers and they have the third highest consumption per capita on earth.

Original content

Its pig meat imports are increasing and there is continued growth in meat consumption. “It has a population of more than 50 million people and, therefore, presents an enormous opportunity for the UK pork sector, particularly as we already have market access and a continuity trade agreement that has allowed trade to continue after the UK’s exit from the EU.” In 2021 South Korea imported 465,000 tonnes of pig meat but UK exports only accounted for 3,999 tonnes of that (0.86%). There is clearly an opportunity to increase UK export volumes and this will be aided by the recent inclusion of bacon, ham, and pork sausages onto the approved product list, Mr Dewhirst added. “We are urging the Government to support a wide variety of export markets, including South Korea, to ensure we are able to recover as much of the value of the carcass as possible and to provide the resilience the UK pig sector needs,” he said. “In addition, the new ...
Source: PigWorld
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.