Denmark

Danish pork is getting cheaper

Pork

Denmark's fresh and frozen pork exports have increased year-over-year in volume but fell in value in the first four months of 2018.

Posted on Jul 30 ,13:59

Danish pork is getting cheaper

The country's fresh and frozen pork exports have reported an increase of 8%, in terms of volume, reaching 375,500 tonnes in the first four months of 2018. Still, in terms of value, exports fell by 3% to DKK5.6 billion (€747 million), according to the Agriculture and Horticulture Development Board (AHDB).

AHDB analyst, Bethan Wilkins, explained that the increase in volume is based on an increase in the country's pork production of 6% or 28,000 tonnes in the mentioned period.

Danish pork exports increased to other EU member states in the first four months of this year and accounted for 73% of Denmark's total pork export volume in this period.

Exports to the UK declined by 13% in the mentioned period, while Poland increased its Danish pork imports by 23% year-on-year, making it the second largest market for Danish pork.

"Germany remained the largest single market for Danish pork, with its share increasing to 32% as volumes to other countries fell back," Wilkins explained.

Shipments to Italy also rose by 8,600 tonnes and there was noticeable growth to a number of smaller EU countries, particularly Romania and Greece.

On the other hand, shipments to non-EU markets increased slightly by 2%. The main markets that increased their purchases of Danish pork were the US and South Korea, with shipments up by 3,000 tonnes each.

There was also an increase in shipments to Denmark’s largest non-EU export destination for pork, Japan. The country purchased by 4% (1,400 tonnes) more pork in the first four months of this year.

Meanwhile, Danish pork exports reported a staggering decline of 22% (-6,300 tonnes).

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