UK

UK's pork competitiveness boosted by rising EU prices

Pork

UK imports of pig meat declined in August, while exports increased compared with a year earlier, according to the latest figures from HMRC, says the Agriculture & Horticulture Development Board (AHDB).

Posted on Oct 18 ,06:30

UK's pork competitiveness boosted by rising EU prices

AHDB analyst Bethan Wilkins said fresh/frozen pork imports were reportedly 9% lower than in August 2017, at just under 35,500 tonnes. This follows two months when imports had been much higher, though is in line with the overall trend for the year so far, which shows pork imports have been 7% below last year.

EU pig prices were rising in August, reducing the price competitiveness of EU product compared to British pork, which may have helped deter import levels.

The average price of pork that was imported was 11% lower than a year earlier, meaning the value of UK pork imports fell 19% to £66.5 million.

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