the eu pigmeat market current situation and futureprospects · the eu pigmeat market current...

31
TheEU pigmeat market Currentsituationandfutureprospects Judit KROMMER European Commission, DG AGRI Rakvere, 22 November 2019

Upload: others

Post on 29-Jan-2021

2 views

Category:

Documents


0 download

TRANSCRIPT

  • The EU pigmeat market

    Current situation and futureprospects

    Judit KROMMER

    European Commission, DG AGRIRakvere, 22 November 2019

  • Some key figures of EU pig production

    ▪ Pig population: 148 million pigs (2018)

    ▪ Production: 23.8 million tonnes carcass weight of

    pigmeat (2018)

    ▪ Self sufficiency: 112%.

    ▪ Exports: 2.3 million tonnes carcass weight (11% of EU

    pigmeat production), processed products and offals

    excluded.

    EU PIG SECTOR KEY FIGURES

  • EU PIG SECTOR KEY FIGURES

    The importance of the EU pig sector

    ▪ Pigmeat represents 50% of total EU meat production.

    ▪ Pigmeat is the most exported out of all the meats produced

    in the EU. Pigmeat exports represent 58% of EU total meat

    exports (2017 data).

  • EU: an important player in the globalpork market

  • WORLD

    P I G PRODUCERS

  • EUROPEAN UNION

    P I G M A R K E T

    EU MEMBER STATES

    main producers

  • EUROPEAN UNION

    P I G M A R K E T

    EU MEMBER STATES

    main producers

  • EUROPEAN UNION

    P I G M A R K E T

    EU MEMBER STATES

    main producers

  • DG AGRI G3 21 November 2019

    W O R L D

    P I G M A R K E T

    E X P O R T S

    PIG MAIN EXPORTERS

    E U

    E U

    Uni

    ted

    States

    Uni

    ted

    States

    Ca

    na

    da

    Ca

    na

    da

    Bra

    zil B

    razil

    China

    + H

    .Kon

    g

    China

    + H

    .Kon

    g

    Ch

    ile C

    hi

    leMex

    ico (u

    p to

    Aug

    )

    Mex

    ico (u

    p to

    Aug

    )

    Rus

    sia (u

    p to

    Aug

    )

    Rus

    sia (u

    p to

    Aug

    )

    3 500

    3 000

    2 500

    2 000

    1 500

    1 000

    500

    0

    Qty in

    100

    0To

    nnes

    Main Exporters of PIG Products (up to September).

    2018 (up to September).

    Source : GTA

    2019 (up to September).

    Excl. Live animals

  • DG

    AG

    RI

    G3

    21 N

    ovem

    ber

    2019

    W O

    R L

    D

    P I

    GM

    A R

    K E

    T

    I M P

    O R

    TS

    PIG

    MA

    INIM

    PO

    RT

    ER

    S

    China + H.Kong

    China+H.Kong

    Japan

    Mexico (up toAug)

    SouthKorea

    United States

    Philippines (up to Aug)

    Canada

    Australia

    Japan

    Mexico (up to Aug)

    SouthKorea

    United States

    Philippines (up to Aug)

    Canada

    Australia

    0 500

    10

    00

    15

    00

    20

    00

    25

    00

    Qty in 1000Tonnes

    Ma

    inIm

    po

    rte

    rs

    of

    PIG

    Pro

    du

    cts

    (up

    toS

    ep

    tem

    be

    r).

    30

    00

    20

    18

    (up

    toS

    ep

    tem

    be

    r).

    So

    urc

    e :

    GT

    A

    20

    19

    (up

    toS

    ep

    tem

    be

    r).

    Ex

    cl. L

    ive

    an

    ima

    ls

  • W O R L D

    P I G M A R K E T

    PIG PRICES

    EU, BR, CAN, US

    50

    70

    190

    170

    150

    130

    110

    90

    210

    World weekly average Pig prices 2016 -2019 in Euro/ 100kg carcase

    (EU, Brazil, Canada andUSA)

    EU BR US CAN

    EU = weighted average of MS prices for classes S (64.12%) and E(35.88%).

    DG AGRI G3 21 November 2019

    US = weekly USDA national weighted average carcassprices

    (https://mpr.datamart.ams.usda.gov/amsdashboard/swine/Swine_Dashboard_Option_1.html)

    BR = average of Valor Vista prices in main producing states (cepea.esalq.usp.br/br/indicador/suino.aspx)

    CAN = Quebec Index 100 Hogs Weighted Average prices (agr.gc.ca)

    141.72 84.80 117.26185.80

  • Current EU pig market situation

  • P I G P R I C E S EU E V O L U T I O NE

    UP

    rice

    s

    EUPrices Evolution since lastweek

    185.8Average

    (S-E)+0.4%

    +0.5%Class S 186.5

    184.5Class E +0.4%

    57.9Piglet +2.8%€/head

    €/100

    kg

    ca

    rc

    as

    sw

    eig

    ht

    Evolution since last

    month

    Evolution sincelast

    year

    +0.8%

    +0.8%

    +0.9%

    +9.3%

    +36.2%

    +36.2%

    +36.0%

    +63.7%

    DG AGRI G3 21 November 2019

    46

  • P R I C E S

    C A R C A S ES

    E U E V O L U T I O N

    AVERAGE CLASSES S & E

    115

    130

    145

    160

    evolution of the EU pig carcass prices (average class E & S)

    Average (14 -18) 2018 2019

    DG AGRI G3 21 November 2019

    Week 46 latest price ==> 185.80 EUR/100 kg/cw

    190Evolution compared same period last year : + 36.2%

    175

  • P R I C E S

    C A R C A S ESEU E V O L U T I O N

    O ct-2018 O ct-2019 O ct-2018 O ct-2019

    EL

    CY

    BG

    SI

    RO

    PT

    HU

    DE

    AT

    SK

    HR

    DK

    FR

    CZ 1

    LV

    ES

    IE

    PL

    UK

    LT

    NL 0

    EE 0

    SE

    FI

    BE

    EU

    Oct-2018 Oct-2019

    172.50 207.96

    185.91 202.25

    172.30 199.07

    153.39 194.84

    146.04 193.04

    157.87 192.13

    144.31 192.02

    141.48 190.32

    143.38 188.77

    145.74 188.40

    144.19 185.68

    126.89 183.46

    131.35 181.00

    138.60 179.82

    143.00 179.71

    136.13 179.54

    139.97 178.62

    134.73 178.17

    165.23 178.16

    135.71 174.24

    121.62 172.43

    148.28 170.47

    164.12 168.05

    163.28 165.58

    104.47 154.82

    1 3 8 . 0 8 1 8 2 . 7 4

    Classe E Classe S Classe R

    IT 198.04 212.90

    LV 115.55 17 9.36

    SK 128.02 17 7.46

    ES 141.16 168.64

    DE 114.55 160.31

    LT 125.89 158.83

    FI 138.92 134.06

    UK 125.83 121.55

    DK 97.59

    EU 165 .86 207.54

    SI 162. 05

    209.93

    EL 172.50 207.96

    AT 155 .22 200. 17

    HU 14 8.41 194 .92

    DE 144.39 193 .75

    SK 14 7.84 193 .19

    RO 14 9.26 193 .08

    PT 156 .77 192 .90

    DK 132.24 19 0.50

    FR 139.35 18 9.19

    HR 14 6.85 185.79

    CZ 142.53 184.92

    ES 140.19 181.34

    UK 168.2 181.28

    PL 137.29 181.08

    IE 140.09 179.02

    EE 154 .64 177.12

    LT 139.43 176.75

    LV 140.19 176.21

    NL 122.76 173.28

    SE 168.1 171.50

    FI 168.6 170.52

    BE 111.67 162.37

    EU 14 0 .21 18 5 .06

    DG AGRI G3 21 November 2019

  • P R I C E S

    P I G L E T SEU E V O L U T I O N

    60

    55

    50

    45

    40

    35

    30

    65

    evolution of the EU average piglet prices

    (€/head)

    Average (14 - 18) Piglet - 2018 Piglet - 2019

    DG AGRI G3 21 November 2019

    Week 46 latest price ==> 57.90EUR/head

    Evolution compared same period last year : + 63.7%

  • P R O D U C T I O N

    11

    .6%

    10

    .0%

    8.2

    %

    5.5

    % 5.2

    %

    4.5

    %

    3.8

    % 3.6

    %

    3.1

    %

    1.1

    %

    0.5

    %

    0.0

    %

    - 0.4

    %

    - 0.5

    %

    - 0.8

    %

    - 1.4

    %

    - 1.5

    %

    - 2.0

    %

    - 2.0

    %

    - 2.1

    %

    - 2.3

    %

    - 3.4

    %

    - 4.6

    %

    - 5.2

    %

    - 5.8

    %

    - 6.6

    %

    - 9.2

    %

    - 9.3

    %

    - 1.5

    %

    -20%

    15%

    10%

    5%

    0%

    -5%

    -10%

    -15%

    LT BG SK NL HR EE LV SI IT ES CY UK FR IE CZ PT FI LU SE AT HU DEBE MT PL DK ELRO EU

    Change in Pig Slaughter ('000 Heads)

    2019/2018 (up toAugust)

    Source:Eurostat

    % E V O L U T I O N

    IN HEADS

    DG AGRI G3 21 November 2019

  • P R O D U C T I O N

    11

    .6%

    9.9

    %

    8.6

    %

    7.2

    % 6.7

    % 6.7

    %

    6.1

    %

    4.5

    %

    1.6

    % 1.6

    %

    0.7

    % 0.3

    % 0.1

    %

    0.0

    %

    - 0.4

    %

    - 0.7

    %

    - 0.9

    %

    - 0.9

    %

    - 1.1

    %

    - 1.7

    %

    - 2.2

    %

    - 2.8

    %

    - 3.0

    %

    - 3.1

    %

    - 4.4

    %

    - 4.4

    %

    - 5.4

    %

    - 6.2

    %

    - 0.9

    %

    LT SK BG NL LV HR SI EE ES UK CY HU FR FI MT IE PT CZ LU IT AT SE DE BE EL PL RODK EU

    Change in Pig Slaughter ('000tonnes)

    2019/2018 (up toAugust)

    20%

    15%

    10%

    5%

    0%

    -5%

    -10%

    -15%

    Source:Eurostat

    -20%

    % E V O L U T I O N

    IN TONNES

    DG AGRI G3 21 November 2019

  • PRODUCTION EU E V O L U T I O N

    T O T A L P I G

    Real Slaughter

    2017 vs. 2016 2018 vs. 2017 2019 vs. 2018Expe rts 2019

    vs.

    Expe rts 2 018

    Expe rts 2020

    vs.

    Expe rts 2 019

    GIP 2 02 0

    vs.

    GIP 2 019

    Q1 -1.0% +2.2% -1.1% +0.8% +0.5% -1.4%

    Q2 -3.3% +2.6% -2.0% -1.6% +1.4% -2.1%

    Q3 -0.8% +0.5% -0.5% +0.1%

    Q4 +0.0% +1.2% -0.4% +0.2%

    Full year -1.3% +1.6% -0.4% +0.5%

    2017 vs.2016 2018 vs.2017 2019 vs.2018 Experts2019

    vs.

    Experts2018

    Experts2020

    vs.

    Experts2019

    GIP2020

    vs.

    GIP2019

    Change in EUpigmeat slaughter(2019Q3-2020Q4forecastbasedonGIPandexpertsestimations) ('000 heads)

    +5%

    +3%

    +1%

    -1%

    -3%

    -5%

    Q1 Q2 Q3 Q4 Full year

    DG AGRI G3 21 November 2019

  • The importance of the EU pig exports

  • EU

    trad

    e o

    f PIG

    pro

    du

    cts

    DG

    AG

    RI

    G3

    21 N

    ovem

    ber

    2019

    T R

    A D

    EE

    UT

    R A

    DE

    BA

    LA

    NC

    E

    46135

    59720

    71937

    51641

    63800

    55918

    56077

    54499

    72276

    22612

    21730

    32368

    43179

    59838

    51789

    44193

    37655

    36967

    34487

    35245

    33064

    32788

    36384

    33566

    27114

    881 011

    943 405

    1 083 230

    1 238 138

    1 556961

    1 545907

    1 331808

    1 526563

    1 509302

    1 780568

    1 938455

    2 089363

    1 910908

    2 569 087

    2 386 245

    2 627 630

    3 246486

    3 247956

    3 242414

    3 036539

    3 370 209

    4 159093

    3 848961

    3 869605

    3 363897

    4 5

    00

    00

    0

    4 2

    50

    00

    0

    4 0

    00

    00

    0

    3 7

    50

    00

    0

    3 5

    00

    00

    0

    3 2

    50

    00

    0

    3 0

    00

    00

    0

    2 7

    50

    00

    0

    2 5

    00

    00

    0

    2 2

    50

    00

    0

    2 0

    00

    00

    0

    1 7

    50

    00

    0

    1 5

    00

    00

    0

    1 2

    50

    00

    0

    1 0

    00

    00

    0

    75

    00

    00

    50

    00

    00

    25

    00

    00

    0

    1995

    1996

    1997

    1998

    1999

    2000

    2001

    2002

    2003

    2004

    2005

    2006

    2007

    2008

    2009

    2010

    2011

    2012

    2013

    2014

    2015

    2016

    2017

    2018

    Jan-Sep19

    Tonnes carcaseweight

    EU

    Tra

    de o

    f PIG

    pro

    du

    cts

    IMP

    OR

    TS

    EX

    PO

    RT

    S

  • EU imports of selected PIGproductsTrade figures (COMEXT – tonnes carcassweight)

    T R A D E EU I M P O R T S

    P i g P r o d u c t s

    IMPORT

    2015 2016 2017 2018 Jan-Sep 19 Compared

    tonnes % tonnes % tonnes % tonnes % tonnes % to Jan-Sep 18

    Switzerland 20 225 61% 22 257 68% 22 922 63% 19 430 58% 13184 49% -13%

    Serbia 1 819 6% 614 2% 2 694 7% 3 618 11% 3 605 13% 45%

    Norway 2 315 7% 1 989 6% 2 303 6% 2 702 8% 3 440 13% 62%

    Chile 2 896 9% 2 958 9% 2 434 7% 2 664 8% 2 501 9% 15%

    USA 1 769 5% 1 711 5% 1 707 5% 1 566 5% 1 400 5% 10%

    China 378 1% 250 1% 1 315 4% 841 3% 349 1% -46%

    Other 3 663 11% 3 010 9% 3 010 8% 2 745 8% 2 635 10%

    Extra-EU 33 064 32 788 36 384 33 566 27114

    % change - 1% + 11% - 8% + 4.7%

    DG AGRI G3 21 November 2019

  • EUimports of selected PIG productsTrade figures (COMEXT – tonnes carcassweight)

    1689915129

    13184

    2183

    2125

    2478

    2501

    3440

    3556

    18411864

    33414035

    26610 2590427114

    0

    5000

    10000

    3605 15000

    20000

    25000

    30000

    Jan-Sep17 Jan-Sep18 Jan-Sep19

    50.948.1 47.6

    15.513.3 12.9

    6 7 6.7

    8 8 7.8

    7.0 10.1

    14.8 11.49.7

    0

    10

    20

    30

    40

    50

    60

    Jan-Sep17 Jan-Sep18 Jan-Sep19

    T R A D E EU I M P O R T S

    P i g P r o d u c t s

    DG AGRI G3 21 November 2019

  • Germany

    892

    23%

    Denmark

    586

    15%

    Netherlands

    480

    12%

    Poland

    253

    6%

    France

    232

    6%

    Others

    628

    16%

    EU MAIN EXPORTERS

    (1 000 TONNES - 2018 DATA)

    Germany SpainSpain 1.380 1.719870 19% 24%22%

    Denmark

    1.254

    17%

    Netherlands

    825

    11%

    Poland

    359

    5%

    France

    401

    6%

    Others

    1.336

    18%

    EU MAIN EXPORTERS

    (MILLIONS EUROS - 2018 DATA)

    T R A D E EU MAIN

    DG AGRI G3 21 November 2019

    EXPORTERS

  • China

    1358

    34%

    Japan

    455

    12%

    SouthKorea

    345

    9%

    Philippines

    289

    7%HongKong

    232

    6%

    USA

    170

    4%

    Others

    1 089

    28%

    EU PIGMEAT EXPORTDESTIINATIONS

    (1 000 TONNES - 2018DATA)

    China

    1830

    25%Japan

    1368

    19%

    SouthKorea

    806

    11%

    Philippines

    301

    Hong Kong4%

    382

    5%USA

    565

    8%

    Others

    2 022

    28%

    EU PIGMEAT EXPORT DESTIINATIONS

    (MILLIONS EUROS - 2018 DATA)

    T R A D E EU PIGMEAT EXPORTDESTINATIONS

    DG AGRI G3 21 November 2019

  • EU exports of selected PIGproducts:Trade figures (COMEXT – tonnes carcassweight)

    2015

    tonnes %

    2016

    tonnes %

    2017

    tonnes %

    2018

    tonnes %

    Jan-Sep 19 Comparedto

    Jan-Sep 18tonnes %

    China 1 141 484 33.9% 1 866 110 44.9% 1 406 733 36.5% 1 353 489 35.0% 1 547 752 46.0% + 55%

    Japan 364745 10.8% 405311 9.7% 425761 11.1% 433429 11.2% 365430 10.9% +7%

    South Korea 241569 7.2% 260593 6.3% 276136 7.2% 335126 8.7% 208440 6.2% -15%

    Philippines 191891 5.7% 216514 5.2% 251492 6.5% 284044 7.3% 198043 5.9% -9%

    Hong Kong 292651 8.7% 363251 8.7% 383948 10.0% 231825 6.0% 150194 4.5% -16%

    USA 105123 3.1% 116806 2.8% 155461 4.0% 165460 4.3% 105954 3.1% -19%

    Australia 102645 3.0% 101174 2.4% 95351 2.5% 96870 2.5% 86710 2.6% + 24%

    Vietnam 38290 1.1% 53483 1.3% 41637 1.1% 86357 2.2% 75317 2.2% + 28%

    Ukraine 96619 2.9% 75547 1.8% 86944 2.3% 107065 2.8% 69798 2.1% -12%

    Taiwan 53701 1.6% 47825 1.1% 64443 1.7% 55537 1.4% 44542 1.3% +3%

    Serbia 47488 1.4% 41151 1.0% 54924 1.4% 65583 1.7% 37348 1.1% -28%

    Ivory Coast 50240 1.5% 36825 0.9% 41475 1.1% 52288 1.4% 36116 1.1% +6%

    Other 643762 19.1% 574504 13.8% 564656 14.7% 602533 15.6% 438252 13.0%

    Extra-EU 3 370 209 4 159 093 3 848 961 3 869 605 3 363 897

    % change + 23% - 7% + 1% + 16.2%

    T R A D E E U E X P O R T S

    P i g P r o d u c t s

    DG AGRI G3 21 November 2019

  • EU exports of selected PIGproductsTrade figures (COMEXT – tonnes carcass weight)

    3 363897

    2872904 2 894211894037

    828548 909342 150194198043

    274535 178012 208440365430191736 217137

    205903 246414

    1 547752

    334719 342046

    1 037463 1 001261

    0

    500000

    1 000000

    1 500000

    2 000000

    2 500000

    3 000000

    3 500000

    Jan-Sep17 Jan-Sep18 Jan-Sep19

    Tons(cw).

    4 000000

    1539 1314

    2643

    10761036

    1174224575

    235534

    493230552

    289

    21919051882

    1915

    57965321

    6721

    0

    1000

    2000

    3000

    4000

    5000

    6000

    7000

    8000

    Jan-Sep17 Jan-Sep18 Jan-Sep19

    inM

    illi

    on

    sE

    UR

    T R A D E EU E X P O R T S

    P i g P r o d u c t s

    DG AGRI G3 21 November 2019

  • 450 000

    400 000

    350 000

    300 000

    250 000

    200 000

    150 000

    100 000

    50 000

    0|

    Jan 172017 |

    Jan 182018 |

    Jan 192019

    in Tonnes

    (carcase weight)EU Exports of selected PIG

    T R A D E EU E X P O R T S

    P i g P r o d u c t s

    DG AGRI G3 21 November 2019

  • The current challenges for the EU pigexports

  • ASF REGIONALISATION

  • Thank you for your attention!

    Follow market updates via the Meat Market Observatory

    http://ec.europa.eu/agriculture/market-observatory/meat/index_en.htm >Pigmeat

    http://ec.europa.eu/agriculture/market-observatory/meat/index_en.htm