Whilst not exhibiting the stratospheric increases in China, other key Asian markets provided strong demand and increases for imports. Japan recovered from a dip in demand in 2015 and South Korea continued its steady growth in importance. From what we see demand in these two markets is slightly down at the start of 2017. Hong […]
Pork
As we all know, Chinese pork imports went through the roof in 2016. New regulations in China were a key driver as backyard family holdings begin to give way to large-scale farms. The improved efficiencies gained in this process over the next few years will be a big risk to imported product. In the meantime, […]
The graph shows China’s pork import volumes more than doubling in 2016 before falling back slightly in 2017 due to higher expected domestic production. China has overtaken Japan as the largest importer, whilst of course it was already the largest producer. Other news from the report is that the USDA are also predicting a 3% […]
As reported in previous newsletters Spanish pig population & export growth has been accelerating at a rapid pace since last year. Spain is getting very close to Germany now in terms of pig numbers. Mexico has also now opened as an export market for Spain which is a boost to potential export volumes. We expect […]
On a trip to Korea last week AgraKepak’s Korean sales manager Andrew Agnew noted that the market for Samgyeopsal bellies was very hot. Samgyeopsal is a popular Korean meal consisting of thick, fat slices of pork belly meat, usually marinated, and cooked on a grill at the table by the customer themselves (see picture). Normal […]
Two members of our Chinese pork sales team from our Shanghai office, Shane O’ Flynn and Tao Shen, visited Suzhou pork market last week. Suzhou is located 100km west of Shanghai and is one of the largest markets for frozen imported pork in China. As well as domestic pork there was product on show from […]
Spanish pork exports continue to grow and grow. With the largest sow herd in Europe, and now the largest pig herd too, exports have been growing at rapid levels. Exports in May showed a 40% increase compared with a year earlier. As evidenced by below AHDB graph growth has been almost continual for 18 months, […]
A definite cooling has taken place in the prices available from Asia over the last few weeks, particularly China. Chinese local pig price continues to decrease slowly. Meanwhile in Europe increasing pig prices in June and July appear to have stabilised and been fairly static for the last couple of weeks. There is still a […]
The AHDB (Agriculture and Horticulture Development Board ) in the UK wasted no time in warning that the Brexit vote has implications for the way the UK trades meat not only within the European Union but also with Third Countries “as most, if not all, Export Health Certificates and trade agreements have an EU dimension”. […]
The latest data from Chinese Customs shows that China imported 115,000t of pork in March 2016. The latest data from Chinese Customs shows that China imported 115,000t of pork in March 2016. This is a phenomenal result, and twice the volume imported one year earlier in March 2015. Domestic pig price is high, but domestic […]
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