Irish pork production and exports rise in 2024

Although market prices declined slightly in the final quarter of 2024 , Irish Category E pig prices averaged €2.11 per kg slaughter weight (excluding VAT) for the year. Pork prices were broadly consistent with 2023 levels and remained 18% above the low levels recorded in 2022. Notably, Irish pork prices consistently exceeded the EU average until the second half of 2024. This may be partly due to robust domestic demand and strong competition for Irish pork supplies.

The value of pork exports increased by approximately 7% to €490 million. This was driven by a 7% increase in export volumes to approximately 200,000 tonnes, coupled with slightly higher unit prices.

Pork exports to EU member states increased by 20%, reaching €110 million. Exports to Germany and Denmark remained stable at €25 million and €20 million, respectively, while trade with Poland more than doubled to €30 million. Exports to France and the Czech Republic also showed strong results.

International markets declined in importance in 2024. Irish prime pork exports to China fell by 14% in 2024 to €95 million, although this was partially offset by a 40% increase in trade with Japan, which reached €35 ​​million. However, lower export volumes were also recorded in the Philippines and South Korea, valued at €15 million and €5 million, respectively. The value of prime pork exports to Australia was 20% lower, at €30 million. Interestingly, trade with the US market increased by 40% in 2024, reaching €25 million.