Austria: Preserved Belly Cut Market 2021

Preserved Belly Cut Market Size in Austria

For the third consecutive year, the Austrian preserved belly cut market recorded growth in sales value, which increased by X% to $X in 2020. Over the period under review, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the market value increased by X% against the previous year. Preserved belly cut consumption peaked at $X in 2014; however, from 2015 to 2020, consumption remained at a lower figure.

Preserved Belly Cut Production in Austria

In value terms, preserved belly cut production expanded notably to $X in 2020 estimated in export prices. In general, production, however, saw a perceptible curtailment. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2020, production failed to regain the momentum.

Preserved Belly Cut Exports

Exports from Austria

After three years of growth, shipments abroad of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) decreased by -X% to X tons in 2020. Over the period under review, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, preserved belly cut exports shrank remarkably to $X in 2020. In general, exports saw a deep downturn. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for preserved belly cut exports from Austria, with a X% share of total exports. Moreover, preserved belly cut exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), threefold. The third position in this ranking was occupied by Hungary (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Germany amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Hungary (-X% per year).

In value terms, Germany ($X) remains the key foreign market for preserved belly cut exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Germany amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and South Korea (+X% per year).

Export Prices by Country

The average preserved belly cut export price stood at $X per ton in 2020, growing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per ton), while the average price for exports to Hungary ($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 Germany, while the prices for the other major destinations experienced mixed trend patterns.

Preserved Belly Cut Imports

Imports into Austria

In 2020, approx. X tons of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) were imported into Austria; surging by X% on 2019. In general, imports recorded a resilient expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. As a result, imports attained the peak of X tons. from 2011 to 2020, the growth imports failed to regain the momentum.

In value terms, preserved belly cut imports declined to $X in 2020. Over the period under review, imports showed strong growth. The pace of growth was the most pronounced in 2019 when imports increased by X% year-to-year. Imports peaked at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), Spain (X tons) and Poland (X tons) were the main suppliers of preserved belly cut imports to Austria, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Poland (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

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

From 2007 to 2020, the average annual growth rate of value from Italy totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Poland (+X% per year).

Import Prices by Country

In 2020, the average preserved belly cut import price amounted to $X per ton, shrinking by -X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

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

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

Source: IndexBox Platform

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