For 2011, pig meat production is expected to grow slowly (1.7%) and remain stable in 2012, according to a European Commission short-term outlook for agricultural commodity markets.
According to the available trade data through August 2011, meat exports could exceed 2010 volumes by 13.4%. In particular, exports to South Korea and China/Hong Kong performed very well, increasingly in the area of higher value cuts. However, pig meat exports may fall slightly in 2012, by 4.3%. EU pig meat imports are expected to decrease further, by 30.5% and 24% in 2011 and 2012. From 2010 onwards, consumption of pig meat (absolute and per capita) will increase slightly, by 0.6% in 2011 and 0.5% in 2012.
The report is based on analyses of market experts within the Directorate General for Agriculture and Rural Development of the European Commission, and it will be published three times a year. The full report is available on the Europa website.