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Photo of French export growth slowed in the first quarter

Bethan Wilkins

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AHDB Pork Market Intelligence

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French export growth slowed in the first quarter

Home \ Prices & Stats \ News \ 2014 \ May \ French export growth slowed in the first quarter

In the first quarter of this year, French pork exports totalled 118,600 tonnes, almost 1% up on the previous year. French imports, on the other hand, declined by 2% compared with the same period in 2013.

In the first quarter of this year, French pork exports totalled 118,600 tonnes, almost 1% up on the previous year. However, exports grew at a slower rate in comparison with the last two quarters of 2013. While supplies to other EU member states were 1% higher, exports to non-EU markets remained unchanged, accounting for just over a fifth of total trade. Italy was the key destination for French pork and supplies were up by 5% year on year, making up just over a quarter of total exports. In contrast, demand from the UK and Spain declined by 1% and 12% respectively.  Among non-EU markets, exports to China came down by 10% on the year while trade with Russia suffered due to the ASF-related ban imposed earlier this year. However, these falls were offset by a doubling of shipments to South Korea. Despite a small increase in volumes, the value of exports in the January and March period totalled €217.3 million, down 3% on the year as a result of lower prices.

French export growth

French imports, on the other hand, declined by 2% in the first quarter of this year, compared with the same period in 2013. However, last year’s figure was higher than in previous years and the latest quarterly figures showed imports at a ‘normal’ level. Spain and Germany are the main suppliers of pork, dominating the import market, between them making up around 85% of the total. Imports from Spain and Germany both declined, by 3% and 2% respectively. In contrast, Denmark supplied almost double the amount from January and March period in 2013. The total value of imports in the first three months of this year amounted to €227.9 million, 2% lower than in 2013, as unit prices were only marginally down.