EU Beef Exports Drop in 2007
UK - EU beef exports dropped by 38 per cent in 2007 to 95,000 tonnes. According to a Livestock and Meat Commission (LMC) bulletin, exports fell due to a combination of factors including increased competition from Brazil, falling EU production in 2007 and the strengthening of the Euro against the US dollar.
7 April 2008
1 minute read
Exports of fresh/chilled beef decreased by 12 per cent to 46,000 tonnes, frozen exports fell by 65 per cent to 27,000 tonnes and processed beef exports were down 7 per cent at 22,000 tonnes.
Russia was the main market for EU beef taking almost 40 per cent of exports. Exports of fresh/frozen beef to Russia decreased by 50,000 tonnes to 37,000 tonnes
Russian Beef Imports Increase
In 2007 total Russian beef imports increased by 10 per cent to 734,000 tonnes. Brazil was the largest supplier and its share of the import market increased from 39 per cent in 2006 to 62 per cent last year. Imports from Brazil increased by 75 per cent in 2007 to 456,000 tonnes. Imports from Argentina fell by 25 per cent to 113,000 tonnes as their Government export restrictions reduced the amount of beef available for export. Imports from Paraguay fell by 27 per cent to 63,000 tonnes. Total imports from the EU fell by 50 per cent to almost 41,000 tonnes.
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