Growth in Danish exports to China counteract declining EU trade
Total fresh/frozen pork exports from Denmark during the first half of 2016 sat on last year’s levels, at 562,600 tonnes.
The slow export market in the first quarter, down 6% year-on-year, was compensated for by a 7% growth in exports during quarter two. Despite export volumes remaining steady, the total value of shipments showed a small decline of 1% on the first six months of last year, to DKK8.36 billion (€1.12 billion). This reflects a 2% decline in the average unit price during this period.
Though the EU continues to be the primary destination for Danish pork, its market share has decreased from 73% in the first six months of 2015, to 65% during the same period of this year. Despite shipments to the UK being up by 11% on the previous year, Germany, Poland and Italy showed declining export volumes of 11%, 14% and 19% respectively.
Shipments to China during the first half of 2016 countered the declining EU trade, with exports tripling in volume to 75,400 tonnes. Increasing demand for pork from the Chinese enabled the non-EU Danish export volume to rise by 31% on the first half of last year, despite modest declines in exports to Japan, the US and Australia.
Danish live pig exports were back slightly in the first half of 2016, down 2% to 6.3 million head. This figure was influenced by a fall in demand from Germany, with volumes down 10% on the same period last year. However, this decline was partially offset by a 3% increase in shipments to the growing Polish market.
Bethan Wilkins, Trainee Analyst
Bethan.Wilkins@ahdb.org.uk, 024 7647 8757