Report Update Nov 1, 2024

Australia - Bellies and Cuts of Swine (Salted, in Brine, Dried or Smoked) - Market Analysis, Forecast, Size, Trends and Insights

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Australia: Preserved Swine Belly Market 2021

Preserved Swine Belly Market Size in Australia

In 2020, after five years of growth, there was decline in the Australian preserved swine belly market, when its value decreased by -X% to $X. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when the market value increased by X% against the previous year. Preserved swine belly consumption peaked at $X in 2019, and then dropped slightly in the following year.

Preserved Swine Belly Production in Australia

In value terms, preserved swine belly production reached $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Preserved swine belly production peaked in 2020 and is expected to retain growth in years to come.

Preserved Swine Belly Exports

Exports from Australia

In 2020, shipments abroad of bellies and cuts of swine (salted, in brine, dried or smoked) increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X tons in 2009; however, from 2010 to 2020, exports failed to regain the momentum.

In value terms, preserved swine belly exports surged to $X in 2020. Over the period under review, exports enjoyed a moderate expansion. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. Exports peaked at $X in 2009; however, from 2010 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Vanuatu (X tons), Nauru (X tons) and Solomon Islands (X tons) were the main destinations of preserved swine belly exports from Australia, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nauru (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Vanuatu ($X) and Nauru ($X) constituted the largest markets for preserved swine belly exported from Australia worldwide, with a combined X% share of total exports.

Nauru (+X% per year) recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average preserved swine belly export price amounted to $X per ton, declining by -X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2015 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the peak figure at $X per ton in 2010; however, from 2011 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was New Zealand ($X per ton), while the average price for exports to Nauru ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand, while the prices for the other major destinations experienced more modest paces of growth.

Preserved Swine Belly Imports

Imports into Australia

In 2020, purchases abroad of bellies and cuts of swine (salted, in brine, dried or smoked) decreased by -X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, preserved swine belly imports contracted rapidly to $X in 2020. Overall, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Denmark (X tons) was the main preserved swine belly supplier to Australia, with a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Denmark amounted to +X%.

In value terms, Denmark ($X) constituted the largest supplier of preserved swine belly to Australia.

From 2007 to 2020, the average annual growth rate of value from Denmark totaled +X%.

Import Prices by Country

The average preserved swine belly import price stood at $X per ton in 2020, growing by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2020, the rate of growth in terms of prices for Denmark amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bellies and cuts of swine (salted, in brine, dried or smoked) in the world?

The countries with the highest volumes of preserved swine belly consumption in 2020 were China, the U.S. and India, with a combined 29% share of global consumption. France, Japan, Pakistan, Russia, Nigeria, Brazil, Indonesia, Bangladesh, Poland and Mexico lagged somewhat behind, together comprising a further 26%.

What are the largest producers of bellies and cuts of swine (salted, in brine, dried or smoked) in the world?

The countries with the highest volumes of preserved swine belly production in 2020 were China, the U.S. and India, together accounting for 30% of global production. France, Japan, Pakistan, Russia, Nigeria, Brazil, Indonesia, Bangladesh, Poland and Mexico lagged somewhat behind, together accounting for a further 25%.

What are the leading suppliers of bellies and cuts of swine (salted, in brine, dried or smoked) to Australia?

In value terms, Denmark constituted the largest supplier of preserved swine belly to Australia.

What are the leading importers of bellies and cuts of swine (salted, in brine, dried or smoked) from Australia?

In value terms, the largest markets for preserved swine belly exported from Australia were New Zealand, Vanuatu and Nauru, together comprising 73% of total exports.

What is the average export price for bellies and cuts of swine (salted, in brine, dried or smoked) in Australia?

The average preserved swine belly export price stood at $7,050 per ton in 2020, shrinking by -4.2% against the previous year.

What is the average import price for bellies and cuts of swine (salted, in brine, dried or smoked) in Australia?

The average preserved swine belly import price stood at $4,485 per ton in 2020, surging by 22% against the previous year.

This report provides an in-depth analysis of the preserved swine belly 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 2025.

Product coverage:

Prodcom 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
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
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