Benelux: Market for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases 2024

Market Size for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Benelux

After two years of decline, the Benelux market for fresh or chilled pig meat other than cuts or carcases increased by 26% to $X in 2022. The market value increased at an average annual rate of +2.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Benelux

In value terms, production of fresh or chilled pig meat other than cuts or carcases surged to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of carcases, amongst the key producing countries, was attained by the Netherlands (with a CAGR of +5.5%).

Exports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Exports in Benelux

In 2022, exports of fresh or chilled pig meat other than cuts or carcases in Benelux amounted to X tons, remaining relatively unchanged against the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 5.8% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of fresh or chilled pig meat other than cuts or carcases stood at $X in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 20% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands was the key exporter of fresh or chilled pig meat other than cuts or carcases in Benelux, with the volume of exports recording X tons, which was approx. 62% of total exports in 2022. It was distantly followed by Belgium (X tons), generating a 37% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Netherlands (with a CAGR of +0.6%).

In value terms, the largest fresh pork other than cuts or carcases supplying countries in Benelux were the Netherlands ($X) and Belgium ($X).

The Netherlands, with a CAGR of +0.7%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, picking up by 6.1% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by 13%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.1%).

Imports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Imports in Benelux

In 2022, supplies from abroad of fresh or chilled pig meat other than cuts or carcases decreased by -6.2% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2017 with an increase of 25%. Over the period under review, imports of attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of fresh or chilled pig meat other than cuts or carcases rose to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 24%. Over the period under review, imports of attained the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Netherlands (X tons) was the major importer of fresh or chilled pig meat other than cuts or carcases, creating 72% of total imports. It was distantly followed by Belgium (X tons), generating a 26% share of total imports. Luxembourg (X tons) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to fresh pork other than cuts or carcases imports into the Netherlands stood at -4.5%. At the same time, Belgium (+6.1%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in Benelux, with a CAGR of +6.1% from 2012-2022. By contrast, Luxembourg (-1.7%) illustrated a downward trend over the same period. Belgium (+15 p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands saw its share reduced by -15.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported fresh or chilled pig meat other than cuts or carcases in Benelux, comprising 73% of total imports. The second position in the ranking was taken by Belgium ($X), with a 25% share of total imports.

In the Netherlands, imports of fresh or chilled pig meat other than cuts or carcases contracted by an average annual rate of -1.5% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (+4.8% per year) and Luxembourg (-0.1% per year).

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, rising by 8.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2013 when the import price increased by 12%. Over the period under review, import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform