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UK pig meat trade volumes lower in first quarter

Published Jun 11, 2024

Tridge summary

The UK saw a decrease in pig meat export volume in the first quarter of 2024, with a total of 75,500 tonnes, marking a 5.1% year-on-year drop and the lowest first-quarter figure since 2015. This decline was largely due to a 10.8% drop in fresh/frozen pork exports. However, there was a positive trend in the export of offal and processed pig meat, which reached their highest record volumes at 35,300 tonnes and 4,400 tonnes respectively. The EU27 and China were the largest consumers of UK pig meat, accounting for 42% and 38% of the market share respectively. Import volume also saw a decrease, with a total of 182,300 tonnes, marking a 1.9% year-on-year drop. Bacon and processed pig meat experienced the largest losses in volumes.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

UK pig meat export volume for the first quarter of 2024 was 75,500 tonnes, down 5.1% year-on-year and the lowest first-quarter figure since 2015. While shipments of fresh/frozen pork were down 10.8% year on year at 30,900 tonnes, export volumes of offal and processed pig meat have continued to grow, continuing the trend seen over recent years. In the first quarter of 2024, volumes for both categories reached their highest on record at 35,300 tonnes for offal and 4,400 tonnes for processed pig meat. The EU27 holds the largest market share at 42%, closely followed by China with 38%. The Philippines has recorded year-on-year volume growth to reach 8%. The total UK pig meat import volume for the first quarter of 2024 stood at 182,300 tonnes, a decline of 1.9% compared to 2023 and the lowest first-quarter volume on record (excluding 2021 when Brexit had a severe impact on trade). Bacon and processed pig meat ...
Source: Pig 333
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