Czech Republic: Preserved Swine Belly Market 2021

Preserved Swine Belly Market Size in the Czech Republic

In 2020, the Czech preserved swine belly market decreased by X% to $X, falling for the second consecutive year after two years of growth. Overall, the total consumption indicated moderate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The growth pace was the most rapid in 2008 when the market value increased by X% y-o-y. Preserved swine belly consumption peaked at $X in 2015; however, from 2016 to 2020, consumption failed to regain the momentum.

Preserved Swine Belly Production in the Czech Republic

In value terms, preserved swine belly production fell to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% year-to-year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2020, production remained at a lower figure.

Preserved Swine Belly Exports

Exports from the Czech Republic

In 2020, overseas shipments of bellies and cuts of swine (salted, in brine, dried or smoked) decreased by -X% to X tons, falling for the second consecutive year after three years of growth. In general, exports, however, enjoyed a perceptible expansion. The pace of growth was the most pronounced in 2017 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at X tons in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, preserved swine belly exports shrank notably to $X in 2020. Overall, exports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2019, and then contracted notably in the following year.

Exports by Country

Slovakia (X tons) was the main destination for preserved swine belly exports from the Czech Republic, with a X% share of total exports. Moreover, preserved swine belly exports to Slovakia exceeded the volume sent to the second major destination, Austria (X tons), twofold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Slovakia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+X% per year) and Hungary (+X% per year).

In value terms, Slovakia ($X) remains the key foreign market for preserved swine belly exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was occupied by Austria ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Slovakia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+X% per year) and Hungary (+X% per year).

Export Prices by Country

The average preserved swine belly export price stood at $X per ton in 2020, growing by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Hungary ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Austria, while the prices for the other major destinations experienced mixed trend patterns.

Preserved Swine Belly Imports

Imports into the Czech Republic

In 2020, after three years of growth, there was decline in supplies from abroad of bellies and cuts of swine (salted, in brine, dried or smoked), when their volume decreased by -X% to X tons. Over the period under review, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019, and then declined in the following year.

In value terms, preserved swine belly imports expanded significantly to $X in 2020. In general, imports, however, recorded a strong expansion. The pace of growth was the most pronounced in 2011 when imports increased by X% against the previous year. Imports peaked in 2020 and are likely to see gradual growth in years to come.

Imports by Country

Germany (X tons), Slovakia (X tons) and Austria (X tons) were the main suppliers of preserved swine belly imports to the Czech Republic, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Austria, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and Slovakia ($X) constituted the largest preserved swine belly suppliers to the Czech Republic, together accounting for X% of total imports.

Among the main suppliers, Austria saw the highest growth rate of 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

The average preserved swine belly import price stood at $X per ton in 2020, picking up by X% against the previous year. In general, import price indicated a mild expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, preserved swine belly import price increased by +X% against 2016 indices. The growth pace was the most rapid in 2017 when the average import price increased by X% year-to-year. The import price peaked at $X per ton in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Austria ($X per ton) and Italy ($X per ton), while the price for Slovakia ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Slovakia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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