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Italy - Bacon, Ham and Other Dried, Salted or Smoked Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Italy - Bacon, Ham and Other Dried, Salted or Smoked Pig Meat - Market Analysis, Forecast, Size, Trends And Insights

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May 30, 2023

Italy's Bacon and Ham Price Grows to $12.3 per kg

Italy Bacon And Ham Export Price in February 2023

In February 2023, the bacon and ham price stood at $12,343 per ton (FOB, Italy), growing by 7.6% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $13,127 per ton in June 2022; however, from July 2022 to February 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($20,258 per ton), while the average price for exports to Luxembourg ($1,244 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Bacon And Ham in Italy (USD per ton)
Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023
Switzerland18,75119,19519,09618,39119,80219,43720,24217,05617,89719,06717,83521,14420,258
Australia16,74317,80415,21017,62316,50616,11016,25816,74316,27916,25816,07816,70516,900
Sweden16,54816,22715,97916,22515,70216,52616,19714,79215,22915,58817,28617,35216,598
United States14,49514,32713,71413,59314,06313,76714,57813,61014,15314,90914,61014,89514,553
Germany13,74414,01713,95613,35713,71013,27613,48612,67012,96113,58014,33111,94413,891
Belgium15,21615,01514,87015,00216,17715,29115,75013,81614,31316,26117,10615,83713,742
United Kingdom13,74712,83213,45513,83713,57513,84113,45912,42012,17713,47913,61713,64813,575
Poland12,53113,83414,05510,39612,13811,37711,41210,75213,33112,60812,8519,66512,472
Netherlands14,78916,01915,38215,94315,94115,45714,44014,52815,13316,70217,41016,58611,900
France11,85311,65811,74911,84612,09511,50411,6749,74511,53612,28013,0039,83911,723
Austria12,29211,53811,27911,16011,00011,43611,15910,51110,4537,1746,67810,72211,714
Spain6,8835,4865,4476,1036,3786,4995,7286,7896,0446,7105,2756,0336,634
Luxembourg14,43013,19914,53913,67614,79413,84915,15612,99315,44013,63315,57614,9611,244
Average12,94312,93712,80112,74113,12712,76612,90611,61912,23012,75013,09311,47112,343

Italy Bacon And Ham Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was pig meat other than hams or bellies (salted, in brine, dried or smoked) ($14,083 per ton), while the average price for exports of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) ($3,440 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for the following types: salted, dried, or smoked pig meat other than hams or bellies (+0.5%), while the prices for the other products experienced a decline.

Italy Bacon And Ham Exports

In February 2023, the amount of bacon, ham and other dried, salted or smoked pig meat exported from Italy reduced to 6.3K tons, with a decrease of -7.1% compared with the previous month. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in March 2022 with an increase of 20% against the previous month.

In value terms, bacon and ham exports contracted modestly to $78M (IndexBox estimates) in February 2023. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in March 2022 when exports increased by 20% against the previous month.

Italy Bacon And Ham Exports by Type

Pig meat other than hams or bellies (salted, in brine, dried or smoked) (4.9K tons) was the largest type of bacon and ham exported from Italy, with a 77% share of total exports. Moreover, pig meat other than hams or bellies (salted, in brine, dried or smoked) exceeded the volume of the second product type, hams, shoulders and cuts of swine (salted, in brine, dried or smoked) (780 tons), sixfold.

From February 2022 to February 2023, the average monthly rate of growth in terms of the volume of export of pig meat other than hams or bellies (salted, in brine, dried or smoked) was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: hams, shoulders and cuts of swine (salted, in brine, dried or smoked) (+7.7% per month) and swine bellies (salted, in brine, dried or smoked) (+0.5% per month).

In value terms, pig meat other than hams or bellies (salted, in brine, dried or smoked) ($69M) remains the largest type of bacon and ham exported from Italy, comprising 88% of total exports. The second position in the ranking was taken by swine bellies (salted, in brine, dried or smoked) ($6.4M), with an 8.2% share of total exports.

From February 2022 to February 2023, the average monthly rate of growth in terms of the export volume of pig meat other than hams or bellies (salted, in brine, dried or smoked) was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: swine bellies (salted, in brine, dried or smoked) (-0.3% per month) and hams, shoulders and cuts of swine (salted, in brine, dried or smoked) (-2.3% per month).

Italy Bacon And Ham Exports by Country

France (1.5K tons), the United States (929 tons) and Germany (808 tons) were the main destinations of bacon and ham exports from Italy, with a combined 51% share of total exports. These countries were followed by the UK, Luxembourg, Belgium, Austria, the Netherlands, Spain, Sweden, Australia, Switzerland and Poland, which together accounted for a further 34%.

From February 2022 to February 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Luxembourg (with a CAGR of +23.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bacon and ham exported from Italy were France ($18M), the United States ($14M) and Germany ($11M), together accounting for 54% of total exports. These countries were followed by the UK, Belgium, Austria, Switzerland, the Netherlands, Sweden, Australia, Poland, Spain and Luxembourg, which together accounted for a further 32%.

Australia, with a CAGR of +4.3%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bacon and ham market in Italy. 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 10131120 - Hams, shoulders and cuts thereof with bone in, of swine, s alted, in brine, dried or smoked
  • Prodcom 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked
  • Prodcom 10131180 - Pig meat salted, in brine, dried or smoked (including bacon, 3/4 sides/middles, fore-ends, loins and cuts thereof, excluding hams, shoulders and cuts thereof with bone in, bellies and cuts thereof)

Country coverage:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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