Austria: Preserved Swine Meat Market 2024

Preserved Swine Meat Market Size in Austria

In 2021, the Austrian preserved swine meat market decreased by -5.3% to $X, falling for the second year in a row after three years of growth. Overall, the total consumption indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -10.6% against 2019 indices. Preserved swine meat consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Preserved Swine Meat Production in Austria

In value terms, preserved swine meat production reduced to $X in 2021 estimated in export price. Over the period under review, the total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by 46% against the previous year. Preserved swine meat production peaked at $X in 2020, and then fell in the following year.

Preserved Swine Meat Exports

Exports from Austria

In 2021, approx. X tons of prepared or preserved hams and cuts of swine meat were exported from Austria; increasing by 14% against the previous year. Overall, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of 18%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, preserved swine meat exports expanded significantly to $X in 2021. In general, total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +83.4% against 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of 16%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X tons) was the main destination for preserved swine meat exports from Austria, accounting for a 71% share of total exports. Moreover, preserved swine meat exports to Germany exceeded the volume sent to the second major destination, Hungary (X tons), more than tenfold. Switzerland (X tons) ranked third in terms of total exports with a 4% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+12.4% per year) and Switzerland (+18.7% per year).

In value terms, Germany ($X) remains the key foreign market for prepared or preserved hams and cuts of swine meat exports from Austria, comprising 71% of total exports. The second position in the ranking was held by Hungary ($X), with a 7.3% share of total exports. It was followed by Slovakia, with a 3.4% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+12.7% per year) and Slovakia (+7.5% per year).

Export Prices by Country

In 2021, the average preserved swine meat export price amounted to $X per ton, dropping by -4.6% against the previous year. Overall, the export price continues to indicate a slight decline. The most prominent rate of growth was recorded in 2013 an increase of 6.8%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Slovakia ($X per ton) and Hungary ($X per ton), while the average price for exports to Switzerland ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.

Preserved Swine Meat Imports

Imports into Austria

Preserved swine meat imports into Austria soared to X tons in 2021, with an increase of 55% on 2020. The total import volume increased at an average annual rate of +1.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, preserved swine meat imports soared to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 20% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), Italy (X tons) and Hungary (X tons) were the main suppliers of preserved swine meat imports to Austria, together comprising 90% of total imports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +626.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved swine meat suppliers to Austria were Italy ($X), Germany ($X) and Hungary ($X), together comprising 92% of total imports.

Among the main suppliers, Hungary, with a CAGR of +546.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average preserved swine meat import price amounted to $X per ton, reducing by -24.8% against the previous year. In general, the import price recorded a slight decrease. The pace of growth appeared the most rapid in 2020 when the average import price increased by 14%. As a result, import price attained the peak level of $X per ton, and then shrank sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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