UK beef exports continue to increase in volume but at lower prices

Thursday, 19 December 2019

By Rebecca Wright

During October, UK exports of fresh and frozen beef continued on the trend of 2019, recording another year-on-year increase. Volumes increased by 27% year-on-year, to 12,200 tonnes, according to HMRC data. Shipments to all major destinations increased. The average export price for the month was 12% down year-on-year, at £3260/tonne. Nonetheless, due to the higher volume, the total value of UK exports increased by 12%, to £39.8 million.

In the year to October, exports of fresh and frozen beef totalled 110,900 tonnes, up 23% year-on-year. Shipments increased to all major destinations including Ireland, the Netherlands and France. In the year to October, the total value has increased by 7%, to £381 million.

In 2017, the UK gained market access to the Philippines, and has sent some small volumes over the past two years. In October 2019, the UK exported 3,000 tonnes of beef to the market, up from 800 tonnes in the same period of 2018.

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