EU pork exports return to growth
At, 132,800 tonnes, EU pork exports in May were marginally higher compared with 2013. Similarly, pig offal exports rose marginally in May, to 90,000 tonnes.
At, 132,800 tonnes, EU pork exports in May were marginally higher compared with 2013. This represented the first year-on-year rise since the Russian ban on EU pork imports was imposed in February. The export market held up well despite the loss of the Russian market, which took around 28,500 tonnes of EU pork in May last year. In the latest month, Japan replaced China as the primary market for EU pork exports. Shipments to Japan almost doubled in May, to 35,800 tonnes, while supplies to China came down by 9% compared with a year earlier. Part of the surplus was picked up by South Korea and Hong Kong, with increments of 40% and 13% respectively. Many smaller markets also took greatly increased volumes of EU pork, with the high-value US market almost doubling in size. The value of EU pig exports in May increased by 3% to €319 million.
Similarly, pig offal exports rose marginally in May, to 90,000 tonnes. As usual, the majority of the offal was destined for China and Hong Kong. Trade with China strengthened by 3% on the year earlier but Hong Kong lost some significance in the EU market, albeit remaining the second most import market after China. Strong performance in smaller markets, mainly in Asia, accounted for most of the growth, offsetting the loss of the Russian market. The value of offal exports in May totalled €98.9 million, down 5% on a year earlier.