UK

Recovery of EU pig prices in December

Pork

EU deadweight pig prices for December (five weeks ending 1 January) averaged 177.54p/kg, informs AHDB. This is an increase of 3.1% (5.35p/kg) on prices seen in November (four-week period ending 27 November).

Posted on Jan 15 ,03:00

Recovery of EU pig prices in December

Within this overall uplift there was price variability across the key producing regions. Germany, the Netherlands and Denmark reported increased prices, while France and Spain reported a softening of prices. Germany saw the largest price increase during the five-week period, up an average of 7.7p/kg (4.4%). In comparison, France saw the largest decline, down an average of 4.0p (2.3%).
Continental prices continued to remain below UK prices during the five-week period, with UK pigs averaging 25.36p/kg more than the average EU-27 price.


The EU medium term outlook is anticipating the pig meat prices will remain contained after the price spikes seen in 2022. EU consumption is anticipated to ease by 4% over the next 10 years, and production to reduce by 1% per year. With adjustments to production, and potential for further ASF outbreaks in Asia, whilst prices are anticipated to ease, this could be at a slower rate than initially predicted.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

UK

AHDB: How much beef does the UK import from South America

As the world’s largest exporter of beef, Brazil is a key player on the global beef market. ...


Read more Read more
USA

COLUMBUS Craft Meats expands deli portfolio with first standalone pepperoni product

COLUMBUS® Craft Meats, a leading brand in premium salumi, has launched its first standal...


Read more Read more
USA

US pork quality spotlighted at chef event and seminar in Jakarta

As incomes rise in Indonesia’s first-and second-tier cities, consumers are seeking new and ...


Read more Read more
Websolutions by Angular Software and SpiderClass