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Spain - Pork (Meat Of Swine) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jun 1, 2025

Spain - Pork (Meat Of Swine) - Market Analysis, Forecast, Size, Trends and Insights

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Aug 31, 2023

Spain Sets Record With Pork Price Surging to $3,924 per Ton

Spain Pork Export Price in May 2023

In May 2023, the pork price stood at $3,924 per ton (FOB, Spain), remaining constant against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in March 2023 an increase of 9.3% against the previous month. The export price peaked in May 2023.

There were significant differences in the average prices for the major foreign markets. In May 2023, the country with the highest price was South Korea ($4,921 per ton), while the average price for exports to China ($2,728 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Spain Pork Export Prices By Country (USD Per Ton)
COUNTRYExport Price of Pork in Spain (USD per ton)
May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023
South Korea3,7583,4863,4653,7703,9023,6033,6343,8633,8213,9494,4364,7584,921
Portugal3,6473,7183,6243,6763,3933,5773,6293,8773,7474,0034,2764,6214,650
Japan4,0354,0823,9173,8543,8853,7083,7333,8403,9703,9303,8984,2764,406
France3,0913,0113,0122,9773,0863,0523,1873,3563,3333,4323,8474,1374,154
Italy2,1812,2432,2872,4022,5312,4232,5242,6362,6382,9833,2493,4013,416
Philippines2,7442,8152,7432,7972,8012,6782,7422,4652,5552,5912,8562,9653,134
China2,4612,5892,6422,6982,7552,7862,9882,6622,5382,5262,7092,7862,728
Average3,0163,0272,9843,0293,0373,0003,1373,2053,1373,2983,6053,9003,924

Spain Pork Export Prices by Type

There were significant differences in the average prices for the major types of exported product. In May 2023, the product with the highest price was fresh or chilled pig meat other than cuts or carcases ($4,330 per ton), while the average price for exports of frozen hams, shoulders and cuts of pig meat ($2,445 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for the following types: fresh pork cut (+3.5%), while the prices for the other products experienced more modest paces of growth.

Spain Pork Exports

In May 2023, the amount of pork exported from Spain skyrocketed to 160K tons, with an increase of 18% on the month before. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 with an increase of 20% month-to-month. As a result, the exports attained the peak of 196K tons. From December 2022 to May 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, pork exports surged to $626M (IndexBox estimates) in May 2023. The total export value increased at an average monthly rate of +1.7% from May 2022 to May 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in November 2022 when exports increased by 25% m-o-m.

Spain Pork Exports by Type

Frozen pig meat other than cuts or carcases (68K tons), fresh or chilled pig meat other than cuts or carcases (58K tons) and fresh or chilled hams, shoulders and cuts of pig meat (20K tons) were the main products of pork exports from Spain, with a combined 92% share of total exports. Frozen hams, shoulders and cuts of pig meat, fresh or chilled carcases of pig meat and frozen carcases of pig meat lagged somewhat behind, together comprising a further 8.4%.

From May 2022 to May 2023, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by fresh pork carcase (with a CAGR of +6.9%), while the other products experienced more modest paces of growth.

In value terms, the most traded types of pork in Spain were frozen pig meat other than cuts or carcases ($271M), fresh or chilled pig meat other than cuts or carcases ($253M) and fresh or chilled hams, shoulders and cuts of pig meat ($66M), with a combined 94% share of total exports. These products were followed by frozen hams, shoulders and cuts of pig meat, fresh or chilled carcases of pig meat and frozen carcases of pig meat, which together accounted for a further 5.7%.

Fresh pork carcase, with a CAGR of +8.0%, saw the highest rates of growth with regard to the value of exports, among the main product categories over the period under review, while shipments for the other products experienced more modest paces of growth.

Spain Pork Exports by Country

China (24K tons), Italy (20K tons) and France (16K tons) were the main destinations of pork exports from Spain, together comprising 38% of total exports. Japan, Poland, Portugal, Romania, the Czech Republic, South Korea, Germany, Bulgaria, Hungary and the UK lagged somewhat behind, together comprising a further 45%.

From May 2022 to May 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria (with a CAGR of +4.5%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($68M), France ($67M) and China ($65M) appeared to be the largest markets for pork exported from Spain worldwide, with a combined 32% share of total exports. Japan, Poland, Portugal, South Korea, Romania, the Czech Republic, Germany, the UK, Hungary and Bulgaria lagged somewhat behind, together comprising a further 49%.

In terms of the main countries of destination, Bulgaria, with a CAGR of +8.1%, saw the highest rates of growth with regard to the value of exports, 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 pork market in Spain. 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:

  • FCL 1035 - Pig meat

Country coverage:

  • Spain

Data coverage:

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

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

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

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012-2024
    6. Imports, In Value Terms, By Country, 2012-2024
    7. Import Prices, By Country, 2012-2024
    8. Exports, In Physical Terms, By Country, 2012-2024
    9. Exports, In Value Terms, By Country, 2012-2024
    10. Exports Prices, By Country, 2012-2024

  12. LIST OF FIGURES

    1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, by Product
    11. Average Per Capita Consumption, by Product
    12. Exports and Growth, by Product
    13. Export Prices and Growth, by Product
    14. Production Volume and Growth
    15. Yield and Growth
    16. Exports and Growth
    17. Export Prices and Growth
    18. Market Size and Growth
    19. Per Capita Consumption
    20. Imports and Growth
    21. Import Prices
    22. Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Producing Animals: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
    26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    28. Imports, in Physical Terms, by Country, 2024
    29. Imports, in Physical Terms, by Country, 2012-2024
    30. Imports, in Value Terms, by Country, 2012-2024
    31. Import Prices, by Country, 2012-2024
    32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    34. Exports, in Physical Terms, by Country, 2024
    35. Exports, in Physical Terms, by Country, 2012-2024
    36. Exports, in Value Terms, by Country, 2012-2024
    37. Export Prices, by Country, 2012-2024

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