Spanish pork exports to China are growing
Spain is expecting to increase pork exports to China by the end of the year, as the Asian state has put a ban on German pork due to the ASF situation in the country. In the first eight months of 2020, Spain exported 1,742,000 tonnes of pig meat (including offal) up 307,000 tonnes year-on-year. 726,000 tonnes were shipped to China, which is now the largest market for Spanish pork, accounting for 42% of the volumes exported. This is a different picture from the same period last year when pork exported to China accounted for 23% and it could change fast since German pork has lost access to the Chinese market in September. "Spanish pig meat exports staying within the EU have dropped back marginally so far this year to 734,600 tonnes, during the first eight months of trade. This is likely to be due to a combination of higher demand in China and lower demand within the EU following the Coronavirus outbreak," commented Charlie Reeve, AHDB analyst. Basically, only Italy and Poland have reported increased demand for Spanish pork this year, while France, Portugal, the UK and other European countries have reported a drop in imports. The average pig meat price in Spain was €157/100kg at the beginning of November, €0.17 above the EU quotation due to higher demand from third-markets. Currently, China accounts for 40% in the global pork trade but the national herd is recovering fast, in October official data showing that the swine inventory is back at 80% from the pre-ASF levels.