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UK beef trade remains subdued in February
Thursday, 15 April 2021
As of January 2021 data, the way HMRC collects trade data has changed, which will be reflected in the trade statistics. Comparisons between this and historic data should be treated with caution, and may well be subject to future revisions.
The latest data from HMRC shows traded volumes of beef remained lower year-on-year in February. For a wider look at the latest agri-food trade data and impacts of EU-exit, read our analysis here.
Exports
The UK exported 6,800 tonnes of fresh and frozen beef in February, 32% (3,200 tonnes) less than the same month a year ago.
Shipments to the EU were down 44% at 4,500 tonnes. Shipments to Ireland (-1,000 tonnes) and the Netherlands (-1,200 tonnes) accounted for the majority of the overall fall. Volumes also fell to France, Poland and Italy.
One of the few countries to receive more beef from the UK during February was the Philippines, with volumes up 75% year-on-year at 570 tonnes. More beef was also sent to South Africa, Senegal and Liberia.
The total value of fresh and frozen beef exports in February was just over £22 million, down 30% year-on-year, with a 2% increase in average price.
Imports
The UK imported 11,600 tonnes of fresh and frozen beef in February, 40% (7,600 tonnes) lower than the same month a year ago and 7% lower than January 2021.
Lower imports from Ireland accounted for the majority of the overall annual drop, with Irish volumes totalling 8,700 tonnes for the month. Volumes from Poland and the Netherlands also fell, by 28% and 42%, respectively.
While volumes fell, the average price of imports rose by 11% year-on-year in February. This meant total imports were valued at £49.7 million, down 33% from a year ago.
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