China’s economy has shown signs of decline and the shrinking rate of growth means the EU may not be able to export the same volume of pork to China as it did last year.
Europe’s beleaguered pig meat market has seen prices fall to its lowest level in a decade, but the sector has capitalised on exports to China, claims AHDB Pork’s market trends report.
The Philippines aims to boost duck and pork exports to Japan and Singapore, its government has told GlobalMeatNews, but its ambitious plans ideally require additional investment, it said.
Korea offers hope to US beef and pork exporters after international trade lost momentum in May, falling below levels for last year in both volume and value.
