Austria: Preserved Swine Belly Market 2021

Preserved Swine Belly Market Size in Austria

In 2020, the Austrian preserved swine belly market decreased by -X% to $X for the first time since 2015, thus ending a four-year rising trend. In general, consumption, however, saw a strong expansion. The pace of growth appeared the most rapid in 2008 when the market value increased by X% against the previous year. Preserved swine belly consumption peaked at $X in 2019, and then fell modestly in the following year.

Preserved Swine Belly Production in Austria

In value terms, preserved swine belly production reached $X in 2020 estimated in export prices. Over the period under review, production, however, saw buoyant growth. The growth pace was the most rapid in 2008 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs in 2020 and is likely to see gradual growth in the immediate term.

Preserved Swine Belly Exports

Exports from Austria

In 2020, shipments abroad of bellies and cuts of swine (salted, in brine, dried or smoked) was finally on the rise to reach X tons after eight years of decline. Over the period under review, exports recorded a perceptible increase. Exports peaked at X tons in 2011; however, from 2012 to 2020, exports remained at a lower figure.

In value terms, preserved swine belly exports surged to $X in 2020. In general, exports posted a remarkable increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons), Switzerland (X tons) and Germany (X tons) were the main destinations of preserved swine belly exports from Austria, together comprising X% 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 Switzerland, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for preserved swine belly exported from Austria were Italy ($X), Germany ($X) and Switzerland ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Switzerland 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.

Export Prices by Country

The average preserved swine belly export price stood at $X per ton in 2020, declining by -X% against the previous year. In general, the export price, however, recorded temperate growth. The most prominent rate of growth was recorded in 2013 an increase of X% y-o-y. The export price peaked at $X per ton in 2019, and then dropped in the following year.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Germany ($X per ton), while the average price for exports to Switzerland ($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 Slovenia, while the prices for the other major destinations experienced more modest paces of growth.

Preserved Swine Belly Imports

Imports into Austria

In 2020, preserved swine belly imports into Austria shrank dramatically to X tons, declining by -X% on the previous year's figure. In general, imports, however, posted a noticeable increase. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. Imports peaked at X tons in 2010; however, from 2011 to 2020, imports failed to regain the momentum.

In value terms, preserved swine belly imports dropped rapidly to $X in 2020. Overall, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at $X in 2010; however, from 2011 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Switzerland (X tons) constituted the largest supplier of preserved swine belly to Austria, accounting for a X% share of total imports. Moreover, preserved swine belly imports from Switzerland exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The third position in this ranking was occupied by Germany (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Switzerland totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Germany (-X% per year).

In value terms, Switzerland ($X) constituted the largest supplier of preserved swine belly to Austria, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Switzerland stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The average preserved swine belly import price stood at $X per ton in 2020, jumping by X% against the previous year. Overall, import price indicated a tangible increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, preserved swine belly import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. The import price peaked in 2020 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Switzerland ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Switzerland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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