UK pork imports up in July while exports decline
In July the UK imported 10% more pork year on year at 32,100 tonnes according to the latest HMRC trade data, reaching the highest level since December 2014.
Volumes from the UK’s largest supplier, Denmark, accounted for most of this increase, with volumes up by 14%. Belgium, Ireland and Spain were the other significant suppliers to increase shipments to the UK, with volumes up 3%, 18% and 47% respectively. However, volumes from the UK’s second and third largest suppliers, Germany and the Netherlands, decreased by 6% and 2%. Imports from Poland continued to increase and were up 135% in July. Imports for the first seven months of 2015 were 1% higher than the same period in 2014. With prices still well down on last year the overall value of imports in the first seven months was down by 15% on the year at £350 million.
Bacon imports In July decreased by 2% on last year to 21,700 tonnes, as a 28% fall in shipments from Denmark was not fully offset by higher shipments from the Netherlands and Germany. Imports of sausages increased by 23% year on year. Volumes from the Netherlands increased sharply while shipments from Germany declined. Processed pork imports however recorded a 2% fall in July.
Pork exports from the UK were down by 7% in July at 15,200 tonnes. Much of the fall due to lower shipments to China, which were 35% lower year on year. This was possibly due to the build-up of the economic problems in China although reports still suggest that import demand is still basically firm. Volumes exported to the UK’s largest market, Germany, were up by 13% compared to July last year. Despite lower volumes shipped in July, overall exports in 2015 to date were up 1% compared 2014 at 103,000 tonnes. The values of exports decreased by 10% year on year in the first seven months to £106 million due to unit prices being 12% lower although in euro the price fall was only 1%.
Offal exports continued to recover in July, with volumes up 63% on the year. The majority of this increase was in volumes going to China, which were up 134% at 2,600 tonnes. Increases were also seen across a number of smaller markets in Asia, while volumes going to the Netherlands and Ireland were the only falls of the significant offal markets.