
Australia - Frozen Hams, Shoulders And Cuts Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingAustralia's Export of Pork Cuts Surges to $1.1M in December 2023
Australia Frozen Pork Cut Exports
Frozen pork cut exports from Australia totaled 550 tons in December 2023, with an increase of 10% compared with the month before. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when exports increased by 67% against the previous month.
In value terms, frozen pork cut exports expanded modestly to $1.1M (IndexBox estimates) in December 2023. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 with an increase of 50% against the previous month.
COUNTRY | Export Value of Frozen Pork Cut in Australia (thousand USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | Dec 2023 | |
Philippines | 70.6 | N/A | 72.0 | 60.4 | 195 | 466 | 254 | 412 | 373 | 201 | 334 | 218 | 426 |
Papua New Guinea | 245 | 317 | 280 | 237 | 268 | 454 | 419 | 369 | 249 | 216 | 40.8 | 253 | 122 |
Vietnam | 209 | 83.5 | 135 | 274 | 118 | 207 | 225 | 177 | 242 | 308 | 245 | 298 | 120 |
New Zealand | 144 | 70.7 | 246 | 172 | 709 | 242 | 101 | 95.3 | 115 | 45.9 | 166 | 119 | 92.3 |
Malaysia | 156 | 168 | 191 | 391 | 251 | 112 | 238 | 137 | 228 | 95.1 | 113 | N/A | 74.7 |
Taiwan (Chinese) | N/A | N/A | N/A | N/A | 17.5 | 31.4 | 36.0 | 18.5 | N/A | N/A | N/A | N/A | 20.4 |
South Korea | 17.2 | N/A | 23.7 | N/A | 27.7 | 14.0 | 13.8 | 20.7 | 26.4 | 35.9 | 89.5 | 30.1 | 19.3 |
Others | 168 | 48.4 | 84.8 | 169 | 34.1 | 138 | 46.7 | 95.6 | 85.5 | 36.6 | 93.9 | 151 | 235 |
Total | 1,010 | 688 | 1,034 | 1,304 | 1,620 | 1,665 | 1,334 | 1,325 | 1,319 | 938 | 1,083 | 1,069 | 1,110 |
Exports by Country
The Philippines (202 tons) was the main destination for frozen pork cut exports from Australia, accounting for a 37% share of total exports. Moreover, frozen pork cut exports to the Philippines exceeded the volume sent to the second major destination, Vietnam (88 tons), twofold. The third position in this ranking was taken by New Zealand (55 tons), with a 10% share.
From December 2022 to December 2023, the average monthly growth rate of volume to the Philippines amounted to +13.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Vietnam (-4.3% per month) and New Zealand (-0.7% per month).
In value terms, the Philippines ($426K) emerged as the key foreign market for frozen pork cut exports from Australia, comprising 38% of total exports. The second position in the ranking was held by Papua New Guinea ($122K), with an 11% share of total exports. It was followed by Vietnam, with an 11% share.
From December 2022 to December 2023, the average monthly growth rate of value to the Philippines totaled +16.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Papua New Guinea (-5.6% per month) and Vietnam (-4.6% per month).
Export Prices by Country
In December 2023, the frozen pork cut price amounted to $2,017 per ton (FOB, Australia), falling by -5.9% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 25% m-o-m. Over the period under review, the average export prices hit record highs at $2,143 per ton in November 2023, and then contracted in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($2,744 per ton), while the average price for exports to Taiwan (Chinese) ($852 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the frozen pork cut market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10113250 - Frozen hams, shoulders and cuts with bone in, of pig meat
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Producing Animals Slaughtered, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024