United Kingdom - Pork (Meat Of Swine) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSurge in UK Pork Imports Reaches $1.2 Billion in 2023
United Kingdom Pork Imports
In 2023, overseas purchases of pork increased by 3.2% to 332K tons for the first time since 2017, thus ending a five-year declining trend. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 18%. Over the period under review, imports reached the peak figure at 466K tons in 2017; however, from 2018 to 2023, imports remained at a lower figure.
In value terms, pork imports skyrocketed to $1.2B (IndexBox estimates) in 2023. Over the period under review, imports showed a relatively flat trend pattern. Over the period under review, imports attained the maximum at $1.2B in 2019; afterwards, it flattened through to 2023.
| COUNTRY | Import Value of Pork in United Kingdom (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Denmark | 274 | 264 | 210 | 375 | 390 | 336 | 333 | 324 | 250 | 193 | 285 |
| Germany | 280 | 261 | 195 | 185 | 254 | 252 | 272 | 294 | 288 | 231 | 278 |
| Spain | 92.9 | 99.3 | 96.9 | 101 | 117 | 107 | 117 | 91.6 | 84.2 | 152 | 188 |
| Belgium | 94.1 | 103 | 85.9 | 76.3 | 80.4 | 85.9 | 89.7 | 66.2 | 71.3 | 75.2 | 135 |
| Netherlands | 168 | 154 | 119 | 103 | 131 | 105 | 111 | 90.8 | 90.6 | 86.3 | 130 |
| France | 102 | 106 | 75.5 | 63.8 | 59.8 | 52.7 | 55.9 | 54.0 | 52.0 | 52.7 | 74.5 |
| Ireland | 105 | 117 | 97.9 | 81.7 | 107 | 124 | 141 | 133 | 58.3 | 44.1 | 66.9 |
| Others | 40.7 | 46.8 | 55.1 | 64.8 | 75.1 | 78.4 | 94.4 | 92.5 | 61.5 | 41.2 | 45.2 |
| Total | 1,157 | 1,152 | 936 | 1,051 | 1,214 | 1,140 | 1,215 | 1,146 | 956 | 875 | 1,202 |
Imports by Country
Denmark (87K tons), Germany (73K tons) and Spain (46K tons) were the main suppliers of pork imports to the UK, together comprising 62% of total imports.
From 2013 to 2023, the biggest increases were recorded for Spain (with a CAGR of +6.6%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, Denmark ($285M), Germany ($278M) and Spain ($188M) appeared to be the largest pork suppliers to the UK, with a combined 62% share of total imports.
Spain, with a CAGR of +7.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Imports by Type
In 2023, fresh or chilled pig meat other than cuts or carcases (192K tons) constituted the largest type of pork supplied to the UK, accounting for a 58% share of total imports. Moreover, fresh or chilled pig meat other than cuts or carcases exceeded the figures recorded for the second-largest type, frozen pig meat other than cuts or carcases (72K tons), threefold. The third position in this ranking was taken by fresh or chilled hams, shoulders and cuts of pig meat (52K tons), with a 16% share.
From 2013 to 2023, the average annual rate of growth in terms of the volume of fresh or chilled pig meat other than cuts or carcases imports was relatively modest. With regard to the other supplied products, the following average annual rates of growth were recorded: frozen pig meat other than cuts or carcases (+0.2% per year) and fresh or chilled hams, shoulders and cuts of pig meat (-2.2% per year).
In value terms, fresh or chilled pig meat other than cuts or carcases ($766M) constituted the largest type of pork supplied to the UK, comprising 64% of total imports. The second position in the ranking was held by frozen pig meat other than cuts or carcases ($242M), with a 20% share of total imports. It was followed by fresh or chilled hams, shoulders and cuts of pig meat, with a 12% share.
Import Prices by Country
In 2023, the pork price amounted to $3,614 per ton (CIF, United Kingdom), jumping by 33% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from Spain ($4,086 per ton) and Germany ($3,776 per ton), while the price for France ($3,243 per ton) and Denmark ($3,271 per ton) were amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the pork market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
