26.
10.14
09:22

Pork: Locked Russia exports half through export increases offset

Additional EU pork exports to other third countries same Russian import ban to half off

In the first 8 months of 2014 are pork exports the EU in third countries declined by 185.650 tonnes or 9.2%. This is relatively little, if one assumes that the locked Russia export would have made about 500,000 t up to this point. Actually 14 have been delivered in Jan still around 60,000 tons to Russia, before the ban came into force. The monetary loss is estimated at €3.5 million.

The export sector has recorded some successes in pork sales in other countries. Japan approximately 82,000 pork introduced in the period from Jan to Aug 2014 more than in the same period of the previous year. The two countries have their imports from the EU to approximately 112,000 t or about + 85% increase, the Philippines and South Korea together.

Even the United States as the world's largest pork export area has increased its specialty imports from the EU to 18,000 t / + 43%. Serbia has doubled the imports with 38,000 tonnes.

The sum of all import increases can including many small import areas on an order of magnitude of rd.  250,000 t are summed up. Thus the Russian net export losses were balanced by approximately 440,000 t rd. to slightly more than half of the increase in exports. The unbalanced rest is still big enough in this country to put prices under pressure. In the past, an only moderate barbecue season and falling slaughter numbers have helped to mitigate price pressures at the latest when the battle figures in the Sept. 14 rose again at the original level, was significantly noticeable pressure on prices. For the rest of the year 2014, it becomes increasingly difficult to find more compensation because the import increases are approaching their limits. According to the estimates of the Commission % to go back in the 4th quarter 2014 the battle volumes 0.4 to 0.6, so that a low relief of the supply side could be expected.

Relief for the first months of the year 2015 promises the preliminary estimate of the expert group. However, it stands in contrast to the official estimation with increases of battle amounts to 1.4 to 0.6%. It could be 2015 again very critical in the first quarter.

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