Spain: pork exports decline again in 2023

Published 2024년 2월 21일

Tridge summary

Spain experienced a 16% drop in pork exports in 2023, marking a second year of decline, as per CEXGAN data. China, the largest buyer of Spanish pork, reduced its imports by 17% compared to 2022 and 58% compared to 2020. Other significant importers such as Japan, the Philippines, South Korea, and Great Britain, with the latter increasing its imports by 3%. China's share of total Spanish pork exports has significantly dropped from 78% in 2020 to 43% in 2023.

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

Original content

According to the latest data published by CEXGAN, last year Spain exported a total of 1,346,625 t of pork and its products, 16% less than in 2022, when 1,599,340 t were exported. This is the second consecutive year with drops in exports of these products after the peak reached in 2021 with 1,919,406 t exported. As shown in graph 1, the main buyer continues to be China by far, although exports to this destination have been reduced by 17% compared to 2022, and if we compare with 2020, the year in which the highest volume of exports occurred for China, the decrease was 58%. In 2023, we will find values similar to those before the effects of African Swine Fever appeared in China (confirmed for the first time in August 2018). China was followed by Japan as the main destination, with a decrease of 12%, the Philippines (-28%), South Korea (-19%) and Great Britain, which, on the other hand, increased its imports of Spanish pork products by 3%. It is also worth noting that after Brexit (31 ...

Source: 3tres3