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

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

In 2022, the Benelux market for frozen pig meat other than cuts or carcases decreased by -15.4% to $X, falling for the second consecutive year after four years of growth. In general, consumption, however, recorded a pronounced expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Frozen Pig Meat Other Than Cuts Or Carcases in Benelux

In value terms, production of frozen pig meat other than cuts or carcases skyrocketed to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt slump. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The Netherlands (X tons) constituted the country with the largest volume of production of frozen pig meat other than cuts or carcases, accounting for 91% of total volume. Moreover, production of frozen pig meat other than cuts or carcases in the Netherlands exceeded the figures recorded by the second-largest producer, Belgium (X tons), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume in the Netherlands totaled +8.8%.

Exports of Frozen Pig Meat Other Than Cuts Or Carcases

Exports in Benelux

After four years of growth, shipments abroad of frozen pig meat other than cuts or carcases decreased by -1.7% to X tons in 2022. Total exports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.2% against 2017 indices. The pace of growth appeared the most rapid in 2019 with an increase of 26% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2021, and then declined modestly in the following year.

In value terms, exports of frozen pig meat other than cuts or carcases declined to $X in 2022. In general, exports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2019 when exports increased by 37%. Over the period under review, the exports of attained the maximum at $X in 2021, and then reduced in the following year.

Exports by Country

The Netherlands dominates carcases structure, amounting to X tons, which was approx. 90% of total exports in 2022. It was distantly followed by Belgium (X tons), committing a 9.9% share of total exports.

The Netherlands was also the fastest-growing in terms of the frozen pig meat other than cuts or carcases exports, with a CAGR of +8.9% from 2012 to 2022. Belgium (-6.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands increased by +23 percentage points.

In value terms, the Netherlands ($X) remains the largest frozen pig meat other than cuts or carcases supplier in Benelux, comprising 90% of total exports. The second position in the ranking was held by Belgium ($X), with a 9.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands amounted to +8.3%.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, waning by -5.3% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the export price increased by 8.3% against the previous year. The level of export peaked at $X per ton in 2021, and then contracted in the following year.

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 Belgium (+0.1%).

Imports of Frozen Pig Meat Other Than Cuts Or Carcases

Imports in Benelux

In 2022, approx. X tons of frozen pig meat other than cuts or carcases were imported in Benelux; surging by 9.9% against the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 21% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of frozen pig meat other than cuts or carcases skyrocketed to $X in 2022. Overall, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands was the largest importing country with an import of around X tons, which amounted to 83% of total imports. It was distantly followed by Belgium (X tons), making up a 16% share of total imports.

The Netherlands was also the fastest-growing in terms of the frozen pig meat other than cuts or carcases imports, with a CAGR of +2.7% from 2012 to 2022. Belgium (-9.4%) 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 ($X) constitutes the largest market for imported frozen pig meat other than cuts or carcases in Benelux, comprising 83% of total imports. The second position in the ranking was held by Belgium ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands stood at +3.7%.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, rising by 8.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2020 when the import price increased by 9.8% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the 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 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 Belgium (+1.3%).

Source: IndexBox Platform