Beef exports from the UK continue to be steady and in June shipments were up 1% on last year.
According to the Agriculture and Horticulture Development Board (AHDB), the weaker value of sterling against the euro and the euro and the dollar has continued to provide a short-term boost to trade. The exchange rate has improved the competitive position of the UK product on the global market and exports are now 13% ahead of last year at 54,300t.
The value of the June trade fell 2% on the year to £29.5m. However, for the year to date, trade stands at £171m, a slight increase compared with the same period last year.
The small increase in trade was due to strong trade in frozen products, said AHDB, particularly to Hong Kong, the Netherlands and the central African country of Gabon.
Significant decrease
AHBD also said there was a significant decrease in fresh and chilled shipments to Ireland, leading to a 6% drop in overall fresh and chilled exports.
In June, imports to the UK increased by 2% year on year at almost 23t, with Irish exports to the UK level.
Irish imports are just over 1% down year on year. However, accounting for around 68% of all imports, their market share is unchanged.
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Beef exports from the UK continue to be steady and in June shipments were up 1% on last year.
According to the Agriculture and Horticulture Development Board (AHDB), the weaker value of sterling against the euro and the euro and the dollar has continued to provide a short-term boost to trade. The exchange rate has improved the competitive position of the UK product on the global market and exports are now 13% ahead of last year at 54,300t.
The value of the June trade fell 2% on the year to £29.5m. However, for the year to date, trade stands at £171m, a slight increase compared with the same period last year.
The small increase in trade was due to strong trade in frozen products, said AHDB, particularly to Hong Kong, the Netherlands and the central African country of Gabon.
Significant decrease
AHBD also said there was a significant decrease in fresh and chilled shipments to Ireland, leading to a 6% drop in overall fresh and chilled exports.
In June, imports to the UK increased by 2% year on year at almost 23t, with Irish exports to the UK level.
Irish imports are just over 1% down year on year. However, accounting for around 68% of all imports, their market share is unchanged.
Read more
JBS gets approval from senior bondholders to register company in Ireland
’It’s like having two farms now…’
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