UK pig meat exports totalled 24,200 t in June, a minor uplift (+200 t) from Would possibly however down 15% (-4,400 t) in comparison to the similar month closing 12 months. For the 12 months thus far (Jan−Jun) pig meat exports totalled 151,800 t, the bottom quantity since 2015.
Shipments to the EU and the broader global have recorded huge declines year-on-year, down 26% (-23,400 t) and 39% (-18,300 t) respectively, following the fashion in general export volumes. Then again, shipments to China have best recorded a small year-on-year trade, down 3,500 t (6%). This extra subdued decline in shipments is because of 61% of imported product from the United Kingdom being made up of offal. Volumes of offal shipped to China have grown 16% 12 months on 12 months whilst volumes of unpolluted/frozen beef have declined by way of 26% as Chinese language customers search for extra inexpensive cuts.
Imports of pig meat to the United Kingdom totalled 68,100 t in June, best 600 t in the back of volumes recorded in Would possibly. Then again, this is a rise of five,000 t in comparison to June closing 12 months, the second one month in a row to file year-on-year expansion. For the 12 months thus far (Jan−Jun) UK pig meat imports totalled 381,900 t which is down 8% (-34,200 t) in comparison to the similar duration in 2022.
There’s a mixture of things in the back of this loss in import quantity. Ecu pig meat manufacturing for the 12 months up to now (Jan−Would possibly) is sitting 9% in the back of closing 12 months, following a an identical pattern to the United Kingdom, proscribing the quantity of product to be had for export at the continent. Added to this, Ecu pig reference costs have noticed important upward motion because the new 12 months. This has closed the fee differential between UK and EU product, making EU imports to the United Kingdom dearer. On most sensible of this, client call for stays unfavorable because of the cost-of-living disaster with volumes of pig meat bought in retail down 2.5% year-on-year (52 weeks finishing 9 July).
August 15, 2023/ AHDB/ United Kingdom.
https://ahdb.org.united kingdom