Belgium: Frozen Pork Cut Market 2024

Frozen Pork Cut Market Size in Belgium

The Belgian frozen pork cut market dropped rapidly to $X in 2022, with a decrease of -70.4% against the previous year. Overall, consumption, however, recorded modest growth. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Frozen Pork Cut Production in Belgium

In value terms, frozen pork cut production contracted notably to $X in 2022 estimated in export price. Over the period under review, production, however, saw temperate growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by 128% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Frozen Pork Cut Exports

Exports from Belgium

In 2022, after two years of growth, there was significant decline in overseas shipments of frozen hams, shoulders and cuts of pig meat, when their volume decreased by -38% to X tons. Over the period under review, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 30% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, frozen pork cut exports dropped rapidly to $X in 2022. Overall, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 22% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The Philippines (X tons), Vietnam (X tons) and Gabon (X tons) were the main destinations of frozen pork cut exports from Belgium, together accounting for 41% of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +65.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X), Gabon ($X) and Spain ($X) constituted the largest markets for frozen pork cut exported from Belgium worldwide, together comprising 44% of total exports. Vietnam, France, the Netherlands, Poland, Democratic Republic of the Congo, South Korea, Equatorial Guinea, Denmark, Italy and Liberia lagged somewhat behind, together comprising a further 40%.

In terms of the main countries of destination, Vietnam, with a CAGR of +70.5%, 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 frozen pork cut export price stood at $X per ton in 2022, with a decrease of -11.2% against the previous year. Over the period under review, the export price saw a noticeable reduction. The pace of growth was the most pronounced in 2021 an increase of 9.4%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Liberia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Pork Cut Imports

Imports into Belgium

After two years of growth, overseas purchases of frozen hams, shoulders and cuts of pig meat decreased by -13.2% to X tons in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of 81%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, frozen pork cut imports stood at $X in 2022. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 70%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest frozen pork cut supplier to Belgium, accounting for a 77% share of total imports. Moreover, frozen pork cut imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), sevenfold. Spain (X tons) ranked third in terms of total imports with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at +16.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-10.7% per year) and Spain (-25.7% per year).

In value terms, Germany ($X) constituted the largest supplier of frozen hams, shoulders and cuts of pig meat to Belgium, comprising 70% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of total imports. It was followed by France, with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-11.2% per year) and France (-20.2% per year).

Import Prices by Country

In 2022, the average frozen pork cut import price amounted to $X per ton, growing by 17% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2017 an increase of 22%. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+22.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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