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September 7, 2016

 

Irish pork exports up 20% in H1

 


Irish pork exports during the first half grew 20% year on year to 96,100 tonnes.

 

Citing figures from the Central Statistics Office Ireland, AHDB Pork reported that 28% of the total exports went to the UK market. Ireland also exports significant amounts of processed products to the UK, with 8,600 tonnes of bacon and 4,900 tonnes of sausages shipped during the first six months.

 

Pork shipments to the UK grew by 6% year-on-year in the six months through June, while exports to China more than doubled, echoing the macro-economic trend observed among the majority of major pork producers around the globe, according to the pork division of the UK's Agriculture & Horticulture Development Board.

 

Trade with Germany, largely made up of sow carcases, as in the UK, was down 18%.

 

As exports increased, Irish pork production rose 5% in January-June. It should be noted, however, that the breeding herd decreased 5% based on the latest figures released in December 2015. From this, it can be assumed that production increases were due largely to an increase in productivity and average carcase weights.

 

With the exchange rate becoming less favourable since the Brexit vote, and the gap narrowing between the Irish and the UK pig price, the volume of Irish pig meat on the UK market may eventually decrease, AHDB Pork said.
 
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