German exports up, imports down
German pork exports started 2015 strongly, with total volumes in the first three months up 7% on the year, while imports were down by 12%.
German pork exports started 2015 strongly, with total volumes in the first three months up 7% on the year and even higher than the same period in 2013, when exports were particularly strong. Despite volumes increasing to 438,000 tonnes, the average unit value of exports fell 5% due to the large volumes of pork currently on the global market. This led the total value of exports to increase by only 2% to €892 million. The EU remained the primary market for German pork, with 361,000 tonnes being shipped there, up 4% on 2014 levels. Within the EU, Italy remained the largest destination for German pork, with volumes up 6% year on year. Shipments to Poland and the Netherlands also increased, by 4% and 13% respectively. Outside the EU, exports to China rose sharply, following a poor first quarter in 2014, while shipments to South Korea also increased. Exports to Russia fell to zero following the ban on pig meat from the EU imposed in January 2014.
While German exports increased, imports in the first three months of the year fell 12% to 224,500 tonnes, with shipments from Belgium and the Netherlands driving this fall, down 22% and 13% respectively. Volumes from Denmark actually increased 4% but this was not enough to offset the falls from other countries. With the average unit price also falling, the value of imports was down by 27% to €331 million.