Meat drives Irish food exports

Meat drives Irish food exports

Meat was the major driver behind an increase in Irish food and drink exports this year, according to Irish food board Bord Bía.

Irish food and drink exports values were up 8% year-on-year in the first six months of 2013, reaching 370 mill. €. Beef exports saw the biggest leap, up by
15% to 140 mill. €, and accounting for nearly 40%
of the total recorded growth.

Pigmeat exports also saw a substantial increase of 9% to 250 mill. €, while sheepmeat exports were up 8% year-on-year to 105 mill. € and livestock exports increased by 24%.

Bord Bía said the strengthening of the beef market could be linked to strong demand for cattle from its Quality Assurance Scheme, which now covers 85% of Irish beef production, a 7% increase on 2012. It added that applications for the scheme have increased by 135% so far this year, and 36,400 producers are now members.

The board said beef exports had also benefited from a recovery in the UK processed beef market, with Kantar data revealing that UK retail sales of fresh and frozen burgers and grills were up 17.8% year-on-year in the four weeks ending 7 July. This was despite sales in the category dropping 43.5% in the period to mid-April as a result of the horsemeat crisis. Cattle were also the main driver behind the increase in livestock exports, and Bord Bía said there had been a sharp recovery in live cattle exports this year.

The increase in pigmeat export values were attributed to a 10% increase in average pig prices, which offset a 1% drop in volumes. In contrast, sheepmeat exports benefited from increasing volumes, which offset lower lamb prices, the organisation said.

The UK remains the biggest market for Irish food and drink exports, accounting for 41% of total exports in the first half of 2013. Bord Bía said that exports to other EU markets had recovered from a difficult period in 2012 to account for 33% of total exports to the end of June.
Source: Bord Bía