EU

EU pork exports to South Korea surge in September

Pork

The European Union has increased its pork shipments by 7% year-over-year in September, reaching 173,100 tonnes, according to the Horticulture & Agriculture Development Board.

Posted on Nov 23 ,10:23

EU pork exports to South Korea surge in September

In value, EU pork exports to this country €373.4 million, a value which was still down by 3% on the year because the average prices remained lower than a year ago.

AHDB analyst Bethan Wilkins said that South Korea alone took almost 22,000 tonnes of EU pork. These shipments were the highest since April, meaning up by 7,000 tonnes from August alone and 9,000 tonnes higher than the year before.This represented 12% of exports, up from South Korea’s 8% share the year before.

Wilkins added that overall exports to all other markets were still 1% higher than in September 2017. "Hence, while this demand from this market is important at present, there are other growth areas. As in to most recent months, exports to the Philippines also increased year-on-year (+40%, 3,200 tonnes), but the leading Asian markets of China and Hong Kong took less EU pork."

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

SPAIN

Spain: The meat sector consolidates its leadership in the agri-food industry

According to the latest available data, the sector reached a total turnover of €41.337 ...


Read more Read more
INTERNATIONAL

Cargill: Consumers are seeking more protein for health and taste in 2025

People are eating more protein than ever before, with 61% of Americans increasing their protein i...


Read more Read more
SPAIN

Pork gains presence on Spanish tables

This growth marks a shift in trends that began the previous year, following a period of slight de...


Read more Read more
Websolutions by Angular Software and SpiderClass