UK pig meat exports pick up in June

Thursday, 20 August 2020

By Felicity Rusk

UK pig meat exports have moved back to recording year-on-year growth, following COVID-19 related disruptions hampering volumes in May. Meanwhile, UK imports of pig meat continued to track below the previous year in June, although the rate of decline was not as large as we have seen in recent months.

Exports

The UK exported a total of 21,100 tonnes of fresh/frozen pork in June, 15% more than in the same month in the previous year. The return to pork export growth suggests that much of the logistical disruption caused by the pandemic was largely resolved by June.

This means in the first half of 2020, UK pork exports totalled 124,300 tonnes, 6% more than in the first half of last year.

Exports to China remained at elevated levels in June, with shipments of pig meat (incl. offal) up 44% in volume terms on the year. Average export prices, meanwhile, dropped back by around £90/tonne on the month.

 

Within European markets, exports of fresh/frozen pork fell to some of the main export destinations. Exports to Germany and Ireland dropped back by 12% and 17% respectively, with volumes to the Netherlands (-8%) and Denmark (-14%) also falling.

Offal exports were in-line with last year. However, export destinations have changed somewhat, with an almost 90% increase in volumes sent to Belgium and over 50% less sent to Hong Kong and the Philippines.

Overall, pig meat exports in June totalled £51.1 million, 10% more than in the previous year. This brings the total value of exports in the first half of 2020 to £311.1 million, 15% more than in the first half of the previous year.

Imports

Meanwhile, UK imports of pig meat continued to track below the previous year in June, although the rate of decline was not as large as we have seen in recent months. This brings imports in the first half of 2020 to 404,200 tonnes, 13% less than in the previous year.

In June, import volumes of fresh/frozen pork fell by 10% on the year to total 29,400 tonnes. Fresh/ frozen pork imports from Belgium and the Netherlands alone were down by almost 4,000 tonnes compared to June last year. While imports from Germany did increase by 16% (1,200 tonnes), it was not enough to compensate for the declines from other source nations.

As has been the case in recent months, imports of processed pork were up on the year, recording an uplift of 14%. Shipments of sausages also were elevated on the year. In contrast, imports of bacon dropped back by 6% on the year.

While the average import price remains higher than last year, the decline in volumes means that the total value of imports in June only increased by 5%, to £197.3 million. This brings the total value of pig meat imports (incl. offal) for the first half of the year to £1.2 billion, just 0.6% less than the same period last year.

Felicity Rusk

Analyst - Livestock

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

Market news

×