EU exports remain strong
July was another strong month for EU exports, up 31% on the year earlier to 189 thousand tonnes.
However, this was just under 50 thousand tonnes less than the high point recorded in June. Sales to China continued to grow. They accounted for half of all EU exports, and had more than doubled on July 2015. Shipments to Hong Kong also recorded strong growth, up 51% on the year earlier, while exports to the Philippines and the United States posted smaller growth figures, of 11% and 5% respectively. Exports to South Korea largely stood on last year’s levels, while shipments to Japan were slightly back, by 2%.
Export prices largely stood on levels from the previous year, and the value of shipments increased by 30%, to €424 million. Again, China was the main driver behind this growth.
Pig offal exports were back in July on the previous year, by 3% to 101 thousand tonnes. While volumes to China continued to increase, by 17% on the year earlier, there was a reduction recorded in shipments to all the other Asian markets. The only other Asian market to record an increase on the year earlier was Japan, albeit from much smaller volumes. However, higher unit prices meant that although exports were back slightly, the value of offal shipments was up on the previous year, by 10% to €133 million.
Vikki Campbell, Senior Analyst
Vikki.Campbell@ahdb.org.uk, 024 7647 8741