EU increases pork exports to China by 88%
In May, the EU has increased the pork exports by 31% reaching to 218,000 tonnes. 44% of that volume (96,500 tonnes) was shipped to China, which represents an increase of 88%.
Offal exports for May were up by 19% to 112,000 tonnes, with a 46% increase in value to €149.4 million. This continues trends seen for most of the year so far.
"Value almost trebled, with average export prices increasing from €1.48/kg last May to €2.09/kg this year. Offal exports to China were also up around 30% at 70,700 tonnes, with value almost doubling. The severity of the ASF situation means imports are unlikely to slow down,", considers Jannie Tanner, Analyst for AHDB.
Increases in fresh and frozen exports to Japan (+18%), Australia (+40%) and South Korea (+15%) were also seen in May but exports to the US were down 36% (-4,200 tonnes). Exports to Japan have perhaps been supported by the trade agreement allowing lower tariffs on some pork products from April 2019. Exports to the Philippines for May were down 20% (-1,800 tonnes), and there was a similar drop in offal shipments. Some product has perhaps been diverted from the Philippines to the Chinese market, where it can now fetch a better price.
The value of the pork exported in May reached €548.9 million.
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