French exports grew in the first half of 2016
According to the latest figures released from France Customs, French exports grew by 11% in the first half of 2016, to over 232 thousand tonnes.
As with the majority of global pork exporters, this growth was predominantly attributed to the strong export demand from China, to plug their domestic supply gap. Exports to other Asian countries, although smaller in number, all largely recorded double-digit growth. However, shipments to EU Member States saw an overall decline, of 8%. While there is a current tightening of supplies on the continent, which is supporting the EU pig price, there is still the legacy of the supply glut that is dampening import requirements. Belgium was the only large EU market of French pork to record a growth in imports, albeit from a smaller base.
Imports to France were back 20% versus the same period a year earlier, to 144 thousand tonnes. Spain was still accountable for almost three quarters of all imports, but volumes were back 19%. German imports were down 43% and now made up less than 10% of the total volume. Although much smaller in absolute volumes, Italian and Portuguese imports both saw increases, of 45% and 96% respectively.
Vikki Campbell, Senior Analyst
Vikki.Campbell@ahdb.org.uk, 024 7647 8741