Spain: The good evolution of exports compensates for the complex situation of the cured ham sector

Frozen Pork Ham & Shoulder
Market & Price Trends
Published Sep 21, 2023

Tridge summary

The Spanish ham sector is facing a complicated situation due to increased costs and low profitability. However, exports to non-EU markets such as Japan, Mexico, China, and the US have experienced significant growth, providing some relief to the sector. The consumption of ham has shifted from home to hospitality and catering, prompting the sector to prioritize boosting the reputation and consumption of Serrano Ham both domestically and internationally.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Only the good evolution of exports has partially compensated for the complicated situation that the Spanish ham sector is going through, presenting itself as a lifeline for it, thanks to the pull of four powerful non-EU markets, such as Japan, which tripled ham imports in the year 2022, reaching volume growth of more than 169%; Mexico, which saw its imports grow by 25%, was closely followed by China, to which we managed to export 23.65% more than in 2021, and the US market, which experienced an increase of 12%. This was stated at a meeting organized by the Anice Ham Producers Group, made up of the main companies producing cured white pig ham in our country and chaired by Juan Carlos Tejero, who met to analyze the current situation of the sector in our country and its prospects in the medium and short term. The complex situation that this sector is experiencing is mainly due to the increase in inputs, raw materials and labor costs that, added to high interest rates, have led the ...
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