April 30, 2015

 

EU pork exports to China increased by 23% in Q1 2015
 

 

China finds it biggest pork supplier in the EU which had raise its share of international deliveries to the country by 72%.

 

The growth was coupled with a 23% increase in volume during the first quarter of 2015, compared to the same period last year.

 

The positive trend is propelled by a falling price for EU pork as well as huge influx of shipments from Germany, currently the biggest supplier to China. Also on the rise are deliveries from Spain and Denmark, at 16% and 3%, respectively.

 

It's a different scenario for countries outside the bloc which had seen lower exports to China. In North America, shipments from the US and Canada dropped by 23% and 37%, respectively.

 

During January to March this year, China's pork imports had risen 6%, according to data by the Chinese Customs.

 

As such, the increase will help to recoup meat volumes that had suffered a drop in local productions due to shrinking Chinese breeding herds. Therefore, the volume figure is kept at a historic high in the first quarter.

 

In the first quarter of 2015, the value of Chinese pork import rose 8% year-on-year, at US$290 million. Pork exports also increased 6% at 20,300 tonnes, with the largest volume going to Hong Kong.

 

In the same period, China's pig offal imports were up 9% at 190,800 tonnes. Much of the increase was contributed by the EU. Germany presently holds a higher two-thirds share of the Chinese offal market.

 

The value of offal imports for the first quarter is US$322.4 million, a 4% increase compared to the same period last year.