SPAIN

Cured ham exports grow by 8.18 percent in value during the first half of 2024

The Spanish Serrano Ham Consortium (CJSE) announces the sector-specific export figures for cured hams and shoulders during the first half of 2024, a period in which a total of 26,790.758 tonnes were exported, compared to the volume obtained during the same period in 2023, with 27,767.909 tonnes; which has meant a decrease of 3.52%. Likewise, exports were carried out for a total value of 321,537,731.85 euros, which has implied an increase of 8.18% compared to the previous year.

Posted on Oct 19 ,00:20

Cured ham exports grow by 8.18 percent in value during the first half of 2024

In addition, the average price per kilo of ham has risen during this period, reaching 12 euros, specifically a 12.12% increase compared to the same period in 2023, when it was 10.7 euros/kg. Meanwhile, the average price in European Union countries stood at 11.15 euros, compared to 13.98 euros in Third Countries, representing an increase of 13.77% and 7.93%, respectively.

In global figures, the countries of the European Union imported a total of 18,228.54 tonnes during this period, decreasing by 7.84%, while Third Countries registered a volume of 8,562.21 tonnes, 7.18% more. Thus, during the first half of the year, the European Union accounted for 68% of cured ham exports, while 32% corresponded to Third Countries; data that are due to the increasingly gradual participation of these countries in the global exports of cured ham.

Thus, within the European Union, the main markets for cured ham continue to be France and Germany, which, in addition to accounting for more than 50% of exports of this product, 29.4% and 27.5% respectively, have seen their value increase by 16.95% and 9.46%. Meanwhile, other European markets that have increased the value of their exports during the first half of 2024 have been Sweden, by 27.20% and Austria, by 22.64%.

On the other hand, the Third Countries that have shown the most significant growth in terms of value have been Mexico, at 58.56%, Switzerland, at 33.58% and Brazil, at 20.17%. However, China has decreased by 24.1%.

The United Kingdom continues to be the market with the most attractive prices at €17.14/kg, representing an increase of 10.26%; followed by Switzerland, which, during this period, reached €16.78/kg.

In terms of formats, 13.76% of the pieces exported in this period correspond to ham with bone, which, for its part, has seen its export volume fall by 17.32% and its value by 13.74%.

Finally, boneless ham, which represents 85.23% of the total pieces exported in this period, rose by 12.18% in terms of value and fell by 0.49% in terms of volume, placing Australia as the market that consumes the most of this format in relative terms, due to the existing ban in this country on importing bone-in ham, followed by Colombia and the Netherlands, at 98.37% in both cases.

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