EU pork exports slightly down at the beginning of the year
European Union pork remains a key export product, but the beginning of this year has shown a slight decline in volumes. Spain, which is the largest exporter of pork to the EU, has experienced a decrease in exports to third countries. Exports fell by 4% due to high pork prices within the EU, which limits competitiveness on the world market.
Interestingly, in addition to Spain, the Netherlands and Denmark also recorded a decrease in pork exports. At the same time, Germany showed a 13% increase in export volumes, ranking as the fourth largest supplier. An important factor is also the change in the number of pigs in the EU, which leads to a projected further decline in exports.
Among the EU’s main partner countries for pork exports are China, Japan, South Korea and the UK. It is important to keep in mind that high EU pork prices may slow down foreign trade volumes, especially in competition with countries offering more favorable terms.
Given these factors, EU member states may face challenges in maintaining sustainable pork exports to third countries. It may make sense to seek new strategies and markets to overcome current difficulties and maintain a leading position in the global pork market.
Read also
Ukraine ready for mutual halt to strikes on grain logistics and energy infrastructure
Ireland begins injecting biomethane from food waste directly into gas grid for the...
Coming Up in UkrAgroConsult Reports: Key Market Signals
Port blockade could accelerate agricultural processing development in Ukraine
Argentina could be the main beneficiary of Black Sea grain export disruptions — St...
Write to us
Our manager will contact you soon