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

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

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Bacon and Ham Prices in China

China Bacon and Ham Import Price in September 2022

In September 2022, the bacon and ham price amounted to $17.0 per kg (CIF, China), waning by -18.9% against the previous month. Overall, the import price saw a pronounced slump. The pace of growth appeared the most rapid in June 2022 when the average import price increased by 68% against the previous month. Over the period under review, average import prices reached the maximum at $27.9 per kg in July 2022; however, from August 2022 to September 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From January 2022 to September 2022, the rate of growth in terms of prices for Spain amounted to -2.9% per month.

China Bacon and Ham Import Prices by Type

Average prices varied somewhat amongst the major supplied products. In September 2022, the product with the highest price was pig meat other than hams or bellies (salted, in brine, dried or smoked) ($22.4 per kg), while the price for hams, shoulders and cuts of swine (salted, in brine, dried or smoked) totaled $15.1 per kg.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by salted, dried, or smoked swine bellies (0.0%), while the prices for the other product experienced a decline.

China Bacon and Ham Imports

In September 2022, approximately 204 tons of bacon, ham and other dried, salted or smoked pig meat were imported into China; dropping by -16.8% compared with the month before. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in April 2022 when imports increased by 94% against the previous month. Over the period under review, imports reached the peak figure at 311 tons in January 2022; however, from February 2022 to September 2022, imports stood at a somewhat lower figure.

In value terms, bacon and ham imports shrank significantly to $3.5M (IndexBox estimates) in September 2022. Over the period under review, imports showed a abrupt downturn. The pace of growth was the most pronounced in June 2022 when imports increased by 128% against the previous month. Imports peaked at 6.4K tons in January 2022; however, from February 2022 to September 2022, imports stood at a somewhat lower figure.

China Bacon and Ham Imports by Type

In September 2022, hams, shoulders and cuts of swine (salted, in brine, dried or smoked) (152 tons) constituted the largest type of bacon and ham supplied to China, accounting for a 74% share of total imports. Moreover, hams, shoulders and cuts of swine (salted, in brine, dried or smoked) exceeded the figures recorded for the second-largest type, pig meat other than hams or bellies (salted, in brine, dried or smoked) (53 tons), threefold.

From January 2022 to September 2022, the average monthly growth rate of the volume of import of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) amounted to -1.5%.

In value terms, the most traded types of bacon, ham and other dried, salted or smoked pig meat in China were hams, shoulders and cuts of swine (salted, in brine, dried or smoked) ($2.3M) and pig meat other than hams or bellies (salted, in brine, dried or smoked) ($1.2M).

China Bacon and Ham Imports by Country

In September 2022, Spain (204 tons) was the main bacon and ham supplier to China, accounting for a approximately 100% share of total imports.

From January 2022 to September 2022, the average monthly growth rate of volume from Spain stood at -3.5%.

In value terms, Spain ($3.5M) constituted the largest supplier of bacon and ham to China.

From January 2022 to September 2022, the average monthly growth rate of value from Spain stood at -6.3%.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bacon and ham market in China. 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:

Data coverage:

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