US tariffs threaten Italy’s third-largest market for cured meats
In 2024, cured meat exports to the US reached 20,188 tons (+19.9%), for a value of 265 million euros (+20.4% compared to 2023). However, the introduction of a further 20% duty could seriously compromise this positive trend.
"This new burden represents a source of concern for our companies. The increase in costs for American consumers will certainly have a negative impact" - declared Lorenzo Beretta, President of ASSICA - Associazione Industriali delle Carni e dei Salumi. "If in 2019 the US duties only affected some categories of products, such as salami, mortadella and some cooked preparations, today the measure involves the entire range, with a particularly serious impact on raw hams which are the most exported category".
The duties come at an already critical time for the Italian cured meats industry, which is also facing difficulties on the export front related to the spread of African Swine Fever (ASF), such as the closure of important markets such as Japan and China and the adoption of other restrictive measures. "The US market, which in recent years has had the greatest development and has also represented an important outlet among third countries, risks seeing this growth stop, returning to the results of 2022. This decision by the US government represents a further obstacle for our companies, already put to the test by health and commercial challenges" - concluded Beretta.
ASSICA reiterates the need for dialogue with Italian and European institutions to identify support strategies for companies in the sector and protect the competitiveness of Made in Italy on international markets.
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