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Rising pork demand from China boosts EU exports

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Staff writer ▼ | November 23, 2015
Demand from China is continuing to drive EU exports of pigmeat, which reached their second highest level on record in September, according to AHDB Pork.
Pig
Meat production   EU pig meat production increased by 2% in August
“Overall volumes were 18% higher than in September 2014, at 166,300 tonnes, a figure bettered only by last October,” said Agriculture and Horticulture Development Board Pork.

China alone took over 60,000 tonnes of EU pork, a fourth consecutive record and nearly 13,000 tonnes up on the country’s pork intake in August. China’s share of EU pork exports is almost double what it was last year, standing at 37% of the total trade.

Excluding China, exports to all other markets were 8% lower in September than in the same month last year. That was despite exports to Japan also increasing, by 4% year on year, reversing the country’s downward trend of previous months. Other leading Asian markets took less EU pork in September, however.

With unit prices remaining lower than a year ago, the value of exports was only up 12% on the year, at £257.78 million.

EU pig meat production increased by 2% in August, a similar growth rate to that recorded in July but slower than in the first half of the year.

Although carcase weights were slightly heavier than a year before, the increased output was largely due to higher slaughterings. 19.9 million pigs were killed during the month, around 400,000 more than in August 2014.

EU production for the first eight months of the year was 4% up on the same period last year, at just over 15 million tonnes. Output has been higher than a year earlier in every month of the year to date.


 

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