Benelux: Fresh Pork Carcase Market 2024

Fresh Pork Carcase Market Size in Benelux

The Benelux fresh pork carcase market soared to $X in 2022, picking up by 17% against the previous year. Over the period under review, consumption saw mild growth. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Fresh Pork Carcase Production in Benelux

In value terms, fresh pork carcase production rose remarkably to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2020 when the production volume increased by 38% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Belgium (X tons) and the Netherlands (X tons).

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +1.4%).

Fresh Pork Carcase Exports

Exports in Benelux

In 2022, overseas shipments of fresh or chilled carcases of pig meat decreased by -15.7% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 11% against the previous year. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, fresh pork carcase exports declined slightly to $X in 2022. Over the period under review, exports recorded a mild decrease. The most prominent rate of growth was recorded in 2017 when exports increased by 15% 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 stood at a somewhat lower figure.

Exports by Country

Belgium was the largest exporting country with an export of around X tons, which recorded 82% of total exports. It was distantly followed by the Netherlands (X tons), committing an 18% share of total exports.

Belgium experienced a relatively flat trend pattern with regard to volume of exports of fresh or chilled carcases of pig meat. The Netherlands (-5.1%) illustrated a downward trend over the same period. While the share of Belgium (+10 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Netherlands (-10.3 p.p.) displayed negative dynamics.

In value terms, Belgium ($X) remains the largest fresh pork carcase supplier in Benelux, comprising 80% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 20% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Belgium was relatively modest.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, picking up by 13% against the previous year. Overall, the export price, however, saw a slight curtailment. The most prominent rate of growth was recorded in 2019 when the export price increased by 13% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.2%).

Fresh Pork Carcase Imports

Imports in Benelux

For the fourth consecutive year, Benelux recorded growth in purchases abroad of fresh or chilled carcases of pig meat, which increased by 17% to X tons in 2022. Over the period under review, imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2019 with an increase of 56% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, fresh pork carcase imports skyrocketed to $X in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +111.3% against 2018 indices. The growth pace was the most rapid in 2019 when imports increased by 48%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons) was the major importer of fresh or chilled carcases of pig meat, achieving 88% of total imports. It was distantly followed by Belgium (X tons), achieving a 12% share of total imports.

The Netherlands was also the fastest-growing in terms of the fresh or chilled carcases of pig meat imports, with a CAGR of +13.6% from 2012 to 2022. Belgium (-1.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands increased by +24 percentage points.

In value terms, the Netherlands ($X) constitutes the largest market for imported fresh or chilled carcases of pig meat in Benelux, comprising 86% of total imports. The second position in the ranking was taken by Belgium ($X), with a 13% share of total imports.

In the Netherlands, fresh pork carcase imports expanded at an average annual rate of +9.7% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, with an increase of 8.7% against the previous year. In general, the import price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2016 when the import price increased by 17% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.8%).

Source: IndexBox Platform