The last data on European pig meat exports presented during the last meeting of the Management Committee of the Common Organization of Agricultural Markets that took place last December 13th show, once more, a reduction of the exports.
The total amount of pig meat exports between January and October of this year have summed 2,595,097 tons, which means a reduction by 2.9% with respect to the same period last year. We can see important decreases in the exports to some of the main destinations as, for instance, Russia (with a market share of the total of the exports of a 25%) for which the exports have been reduced by 10%; or Hong Kong, which is the third destination in terms of importance (18% of the total), with a fall by 33%. We can also see decreases in the exports to South Korea (-30%) and The Philippines (-26%). On the other hand, the exports to China (second destination in terms of importance, with a market share of an 18%) have risen by 49%, and in the case of Ukraine (fifth destination) they have risen by 47%.
The imports have fallen by 5.7%, reaching 29,714 tons.
Thursday December 13, 2012/ PVE/ Netherlands.