EU

EU Commission expects stabilization of European pork production

Pork

For the coming year 2025, the EU Commission forecasts a similar production volume of pork (-0.2% compared to 2024). Recently, the EU Commission published its half-yearly forecast for the EU's pork supply. In their autumn estimate, the Brussels experts expect a production of 20.77 million tonnes of pork in the 27 EU member states for the current year. That would be a slight decrease of 0.5% compared to 2023.

Posted on Oct 19 ,00:15

EU Commission expects stabilization of European pork production

The EU Commission is forecasting a similar production volume for the coming year 2025 (-0.2% compared to 2024). After the sharp declines in the two previous years, this would mean a stabilization of European pork production.
According to EU experts, per capita consumption of pork should level off at around 30.9 kg both this year and next year. This would also result in a stabilization in consumption compared to the past two years.

When it comes to pork exports to third countries, the EU Commission expects that the strong downward trend of the past three years can at least be weakened. Nevertheless, by the end of this year, the volume of pork exported could be down 2.5% to 2.93 million tonnes. A further moderate decline of 2.0% to 2.87 million tonnes is forecast for 2025. In the first half of the current year, export business was challenging because European exporters were only competitive to a limited extent. The price level in the EU was significantly higher than in the USA or Brazil, for example. Since the price gap is currently narrowing, the Brussels experts expect better opportunities for European exporters in the second half of the current year and next year. However, the EU's trade conflict with China should also be taken into account, which could lead to a decline in trade volume if punitive tariffs are imposed on pork.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

AUSTRALIA

Australia’s 2024 goatmeat boom

Globally, Australia represents a fraction of the goatmeat produced. However, with the majority of...


Read more Read more
CANADA

Canadian beef producers extremely disappointed by proposed tariffs

“The integration of the North American live cattle and beef supply chain is unlike anywhere...


Read more Read more
NEW ZEALAND

New Zealand’s red meat sector welcomes new trade agreement with UAE

Prime Minister Christopher Luxon and Minister for Trade Hon McClay signed the UAE Comprehensive E...


Read more Read more
Websolutions by Angular Software and SpiderClass