China continues to drive EU export growth
EU pork exports reached the second highest level on record in September, thanks to the continuing surge in shipments to China.
Overall volumes were 18% higher than in September 2014, at 166,300 tonnes, a figure bettered only by last October. China alone took over 60,000 tonnes of EU pork, a fourth consecutive record and nearly 13,000 tonnes up on August’s figure. This represented 37% of exports, nearly double China’s share a year before. Excluding China, exports to all other markets were 8% lower than in September 2014, emphasising the importance of Chinese demand at present. Unlike most recent months, exports to Japan also increased, by 4% year on year, but other leading Asian markets took less EU pork. With unit prices remaining lower than a year ago, the value of exports was only up 12% on the year, at €368.8 million.
China was also the main driver of a 9% annual increase in EU pig offal exports in September. Sales to China were up 28% to a record 56,100 tonnes, partly offset by lower shipments to Hong Kong and the Philippines. With unit prices again slightly lower, the value of offal exports was 6% up on September 2014 at €133.6 million.