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Promising scenario for European Union beef production and exports

Monday, July 14th 2014 - 06:26 UTC
Full article 2 comments
EU beef production expected to recover 1.4% in 2014 compared to 2013 and 2.3% in 2015 EU beef production expected to recover 1.4% in 2014 compared to 2013 and 2.3% in 2015
Imports from Argentina and Uruguay fell 19% because of domestic consumption and exports re-oriented to China and Russia Imports from Argentina and Uruguay fell 19% because of domestic consumption and exports re-oriented to China and Russia

European Union (EU) meat production is projected to start growing in 2014, according to the European Commission, as Europe’s economic recovery solidifies. This could represent an increase of 0.7% year-on-year for beef, veal, pork, poultry, sheep and goat meat.

However, exports might fall for pork and poultry, with Russian import bans especially causing problems for the pork industry.

In its latest ‘short term outlook’ report on EU food markets and production, the Commission said meat production would recover “after two years of tight supplies for beef and pig meat”. It explained: ”The mild economic recovery sets the scene…but political uncertainty, sanitary barriers and self-sufficiency targets in some of the most important trade partners of the EU are expected to drive meat exports down significantly (-4.7%), with pig and poultry meat being most affected.”

Regarding beef, production is expected to recover 1.4% in 2014 compared to 2013 and 2.3% in 2015, with dairy cow herd restocking releasing more meat onto the market. This is happening at different times across the EU, however. While it helps explains increased year-on-year slaughtering from January to April in Ireland (+13%), Poland (+12%), Britain (+3%) and Germany (+4%), there have been falls, Italy (-21%), France (-2%), and Hungary (-9%).

This increased production could boost 2014 beef exports by 5%, with sustained demand from Russia, Switzerland and Bosnia & Herzegovina. However, Russia’s June ban on EU beef trimmings and offal imports may decrease exports.

January-to-April 2014 beef imports fell 3.7% year-on-year, with Argentina and Uruguay-sourced imports declining by 19% because of increased domestic consumption and exporters re-orienting sales to China and to Russia. Brussels however predicts total 2014 EU beef imports will recover for the rest of 2014.

Meanwhile, 2014 pig meat production is also projected to rise, albeit by 0.2%, with higher supplies in Denmark and the Netherlands mitigating falls in France, Germany and Spain. Production might increase 0.8% in 2015. This follows 2013 falls in production following the compulsory introduction of welfare rules for breeding sows.

Pork exports have been damaged by the Russian ban based on African Swine Fever cases in Lithuania and Poland (and now Latvia). Pork shipments to Russia in January-to-April fell 80% year-on-year – but total exports fell just 16%, with US supply falls following its porcine epidemic diarrhoea virus outbreak sparking increased EU pig meat sales in Asia, especially mainland China, Hong Kong, Japan, South Korea, Singapore and the Philippines.

But with Russian volumes accounting for one third of EU exports, 2014 EU pork exports should fall for the first time in several years, down 7% compared to 2013, predicts the Commission.
 

Categories: Economy, International.

Top Comments

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  • redp0ll

    This such a jumble of statistics I'm not sure what this article is trying to say.

    Jul 14th, 2014 - 03:14 pm 0
  • Briton

    If one believes anything this European Commission says,
    We will all be millionaires by Xmas,

    They are taking over everything….

    .

    Jul 14th, 2014 - 07:54 pm 0
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