Czech Republic: Frozen Pork Cut Market 2024

Frozen Pork Cut Market Size in the Czech Republic

In 2022, the Czech frozen pork cut market increased by 23% to $X for the first time since 2017, thus ending a four-year declining trend. Over the period under review, consumption, however, recorded a abrupt shrinkage. Frozen pork cut consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Frozen Pork Cut Production in the Czech Republic

In value terms, frozen pork cut production expanded slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by 481%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Frozen Pork Cut Exports

Exports from the Czech Republic

Frozen pork cut exports from the Czech Republic declined significantly to X tons in 2022, waning by -41.7% compared with 2021 figures. Overall, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of 301% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, frozen pork cut exports declined modestly to $X in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2013 when exports increased by 460%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Slovakia (X tons) was the main destination for frozen pork cut exports from the Czech Republic, accounting for a 77% share of total exports. Moreover, frozen pork cut exports to Slovakia exceeded the volume sent to the second major destination, Hungary (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovakia totaled -2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+64.4% per year) and Germany (-27.4% per year).

In value terms, Hungary ($X), Slovakia ($X) and Germany ($X) constituted the largest markets for frozen pork cut exported from the Czech Republic worldwide.

Hungary, with a CAGR of +80.4%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average frozen pork cut export price stood at $X per ton in 2022, with an increase of 71% against the previous year. Over the period under review, the export price posted a modest expansion. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Slovakia ($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 Hungary (+9.7%), while the prices for the other major destinations experienced mixed trend patterns.

Frozen Pork Cut Imports

Imports into the Czech Republic

In 2022, supplies from abroad of frozen hams, shoulders and cuts of pig meat increased by 32% to X tons for the first time since 2014, thus ending a seven-year declining trend. Overall, imports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2013 when imports increased by 99% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, frozen pork cut imports soared to $X in 2022. In general, imports, however, showed a abrupt slump. The growth pace was the most rapid in 2013 with an increase of 114%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of frozen pork cut to the Czech Republic, with a 53% share of total imports. Moreover, frozen pork cut imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. Spain (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at -5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+17.8% per year) and Spain (+5.2% per year).

In value terms, Germany ($X), Spain ($X) and Poland ($X) appeared to be the largest frozen pork cut suppliers to the Czech Republic, together accounting for 78% of total imports. Belgium and France lagged somewhat behind, together comprising a further 21%.

Among the main suppliers, Belgium, with a CAGR of +13.6%, 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

The average frozen pork cut import price stood at $X per ton in 2022, with a decrease of -8.5% against the previous year. Over the period under review, the import price saw a perceptible decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 29% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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