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Bethan Wilkins

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AHDB Pork Market Intelligence

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Canadian pork exports fall

Home \ Prices & Stats \ News \ 2015 \ August \ Canadian pork exports fall

In the first half of 2015, pork exports from Canada fell by just under 6% compared to a year earlier, totalling 415,100 tonnes.

Despite this decline, shipments to some of the country’s largest markets actually increased. Exports to the US were up by a quarter, to Mexico by nearly half and to South Korea increasing by 28%. Meanwhile, there was a reduction in shipments to Japan, Canada’s second largest market after the US, although they were at a similar level to two years ago. Exports to China dropped by a significant 43%, compared to a year earlier, as they were displaced by more competitive EU pork. These trends continued in the second quarter of the year, as pork exports fell by nearly 9% compared to the same period a year earlier. The total value of both fresh and frozen exports in the first half of 2015 was down 17% on the same period in 2014 to C$1.29 billion, as unit prices were also lower, driven by reduced US prices following its recovery from last year’s PEDv outbreak.

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A year ago, Russia was Canada’s second largest export market, after the US, with an 18% share. However, the Russian ban on imports has reduced shipments to nothing in the first half of 2015. To partly offset this, Canada has increased its exports to a range of smaller markets, such as Taiwan, up 55%, and Australia, up 64% on last year, although the latter was just 12% up on the first six months of 2013. There was also significant growth in trade to Chile, New Zealand and South Africa, among others.