Czech Republic: Bacon And Ham Market 2024

Bacon And Ham Market Size in the Czech Republic

The Czech bacon and ham market soared to $X in 2022, jumping by 16% against the previous year. Over the period under review, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -17.0% against 2017 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Bacon And Ham Production in the Czech Republic

In value terms, bacon and ham production surged to $X in 2022 estimated in export price. Overall, production continues to indicate a pronounced expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by 104%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Bacon And Ham Exports

Exports from the Czech Republic

After four years of growth, overseas shipments of bacon, ham and other dried, salted or smoked pig meat decreased by -17.3% to X tons in 2022. Over the period under review, exports, however, saw notable growth. The growth pace was the most rapid in 2016 when exports increased by 60% against the previous year. The exports peaked at X tons in 2021, and then contracted remarkably in the following year.

In value terms, bacon and ham exports dropped to $X in 2022. Overall, total exports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.7% 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 +92.3% against 2015 indices. The pace of growth appeared the most rapid in 2016 with an increase of 27%. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Slovakia (X tons) was the main destination for bacon and ham exports from the Czech Republic, with a 95% share of total exports. It was followed by Austria (X tons), with a 0.3% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Slovakia amounted to +7.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-31.2% per year) and Ukraine (-66.4% per year).

In value terms, Slovakia ($X) remains the key foreign market for bacon, ham and other dried, salted or smoked pig meat exports from the Czech Republic, comprising 89% of total exports. The second position in the ranking was held by Austria ($X), with a 0.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovakia stood at +6.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-25.5% per year) and Ukraine (-68.8% per year).

Export Prices by Country

In 2022, the average bacon and ham export price amounted to $X per ton, growing by 10% against the previous year. Over the period under review, the export price, however, recorded a mild decline. The growth pace was the most rapid in 2013 when the average export price increased by 27%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Slovakia ($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 Austria (+8.3%), while the prices for the other major destinations experienced a decline.

Bacon And Ham Imports

Imports into the Czech Republic

In 2022, the amount of bacon, ham and other dried, salted or smoked pig meat imported into the Czech Republic reached X tons, with an increase of 5.6% on the previous year. Overall, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 26% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, bacon and ham imports declined modestly to $X in 2022. In general, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 35% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then shrank modestly in the following year.

Imports by Country

Poland (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of bacon and ham imports to the Czech Republic, together comprising 68% of total imports. Austria, Spain, Slovakia and the Netherlands lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +37.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Austria ($X) were the largest bacon and ham suppliers to the Czech Republic, with a combined 63% share of total imports. Poland, Spain, Slovakia and the Netherlands lagged somewhat behind, together accounting for a further 33%.

Among the main suppliers, the Netherlands, with a CAGR of +38.1%, 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 2022, the average bacon and ham import price amounted to $X per ton, waning by -9.7% against the previous year. Overall, the import price continues to indicate a slight decline. The most prominent rate of growth was recorded in 2020 an increase of 19%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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