Exports to Hong Kong boost UK beef
From January to August, UK beef exports were 10% above 2023 export volumes, totalling 72,900 tonnes, according to the UK’s Agriculture and Horticulture Development Board (AHDB).
The EU is the UK’s main destination for beef exports, accounting for 85% of volumes.
EU beef production is expected to decline marginally in 2024 and again in 2025, which may offer opportunities for UK product, said the body.
Non-EU export destinations for UK beef have been a primary driver for trade in 2024. Hong Kong holds the greatest share with 4,100 tonnes, up 67% compared with the same period in 2023.
In terms of imports, from January to August, UK beef imports totalled 157,830 tonnes, an increase of 5% compared with the same period last year.