EU pig prices find some strength

Wednesday, 9 March 2022

EU pig prices have been a mixed bag over the past month. The EU reference price stood at €135.21/100kg in the week ended 27 February. Prices in Denmark declined over the month, while prices in the Netherlands were stable. In Germany, Poland and Spain prices have recorded some rises more recently. In Germany at least, reports suggest supplies of slaughter ready pigs are tighter at the moment.

Chart showing progress of EU pig prices in 2021 and 2022

Europe continues to have a plentiful supply pork but across the whole of the EU, supplies of pigs on farm do appear to be starting to ease back. This is positive both in terms of processors’ ability to handle them, and possible future price developments. A bottle neck at the point of slaughter (i.e. more pigs than slaughter capacity) has been one of the key pressures on prices over the past six months, in addition to the large supply of pork for consumption. While in Europe this pressure has been slightly released, in the UK the number of pigs ready for slaughter continues to far exceed slaughter capacity.

Due to the reduction in Chinese pork import demand in particular, pork supply continues to outweigh demand. Some abattoirs on the continent have reportedly responded to the substantial and widespread increase in input prices, by offering a premium to producers.

Sign up for regular updates

Subscribe to receive pork market news straight to your inbox. Simply complete our online form.

Visit the Keep in touch page

While AHDB seeks to ensure that the information contained on this webpage is accurate at the time of publication, no warranty is given in respect of the information and data provided. You are responsible for how you use the information. To the maximum extent permitted by law, AHDB accepts no liability for loss, damage or injury howsoever caused or suffered (including that caused by negligence) directly or indirectly in relation to the information or data provided in this publication.

All intellectual property rights in the information and data on this webpage belong to or are licensed by AHDB. You are authorised to use such information for your internal business purposes only and you must not provide this information to any other third parties, including further publication of the information, or for commercial gain in any way whatsoever without the prior written permission of AHDB for each third party disclosure, publication or commercial arrangement. For more information, please see our Terms of Use and Privacy Notice or contact the Director of Corporate Affairs at  © Agriculture and Horticulture Development Board. All rights reserved.