Spain exports fewer cured hams and shoulders in 2024 but will earn more as a result

Published Jul 17, 2024

Tridge summary

The Spanish Serrano Ham Consortium has reported a 6.6% decrease in exports of Spanish hams and cured shoulders in the first quarter of 2024, totaling 12,724.22 tons, valued at 155,754,124.53 euros, which marks a 9.7% increase in value compared to the same period in 2023. Despite the decrease in volume, the average price per kilo of ham rose by 17.46% to 12.24 euros. The European Union accounted for 66.72% of cured ham exports, while Third Countries saw an 11.97% increase, contributing to exponential growth. The main markets were France and Germany, with Mexico, Brazil, and Chile showing the most significant growth in Third Countries. Boneless formats made up 80.87% of exports, experiencing an increase in value, with the average price of these pieces rising in most markets.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Exports of Spanish hams and cured shoulders decrease during the first quarter of 2024. Up to 6.6% compared to 2023. This is reported by the Spanish Serrano Ham Consortium (CJSE), which has released the figures for the first quarter of 2024, period in which a total of 12,724.22 tons were exported, compared to the volume obtained during the same period of 2023, with 13,623.97 tons; which is equivalent to a decrease of 6.6%. On the other hand, the sector carried out exports during this period for a total value of 155,754,124.53 euros, that is, 9.7% more than the previous year. Furthermore, the average price per kilo of ham has grown by 17.46% during this period, standing at 12.24 euros in relation to 2023, when it was 10.42 euros/kg. For its part, the average price in European Union countries stood at 11.37 euros, compared to 13.98 euros in Third Countries, which represents an increase of 19.42% and 9.6% respectively. In global figures, the countries of the European Union imported a ...
Source: Agromeat

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