Spanish pork production outstrips export growth

Spain’s fresh/frozen pork exports increased by 1% (+4,200 tonnes) year-on-year to 422,900 tonnes, in the first quarter of 2019.

Year-on-year change in Spanish pork stats, Q1 2019

Year-on-year change in Spanish pork stats, Q1 2019

Meanwhile, pig meat production in January and February (the latest data available) increased by 4% (+32,000 tonnes), meaning much more pork was available on the Spanish market. It may be that this pork is being stored, in anticipation of higher prices later in the year.

AHDB analyst Bethan Wilkins said: “Anecdotal reports indicate domestic demand has been declining. Average export prices were already a little higher in the first quarter (+4%), with trade valued at €924 million.

“Shipments to China rose by 34% (+20,300 tonnes) year-on-year, to account for 19% of total trade. This reflects the ongoing African Swine Fever situation. Exports to a number of EU markets fell back, which limited the overall growth.”

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Editor of LBM titles Pig World and Farm Business and group editor of Agronomist and Arable Farmer. National Pig Association's webmaster. Previously political editor at Farmers Guardian for many years and also worked Farmers Weekly. Occasional farming media pundit. Brought up on a Leicestershire farm, now work from a shed in the garden in Oxfordshire. Big fan of Leicester City and Leicester Tigers. Occasional cricketer.