Czech Republic: Preserved Belly Cut Market 2021

Preserved Belly Cut Market Size in the Czech Republic

In 2020, the Czech preserved belly cut market decreased by -X% to $X, falling for the third year in a row after two years of growth. In general, consumption continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2011; however, from 2012 to 2020, consumption failed to regain the momentum.

Preserved Belly Cut Production in the Czech Republic

In value terms, preserved belly cut production shrank significantly to $X in 2020 estimated in export prices. In general, production recorded a deep downturn. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. As a result, production reached the peak level of $X. from 2010 to 2020, production growth remained at a lower figure.

Preserved Belly Cut Exports

Exports from the Czech Republic

In 2020, shipments abroad of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports enjoyed strong growth. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at X tons in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

In value terms, preserved belly cut exports expanded markedly to $X in 2020. Over the period under review, exports recorded strong growth. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

Exports by Country

Slovakia (X tons) was the main destination for preserved belly cut exports from the Czech Republic, with a X% share of total exports. Moreover, preserved belly cut exports to Slovakia exceeded the volume sent to the second major destination, Spain (X tons), sixfold. Hungary (X tons) ranked third in terms of total exports with a X% share.

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

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

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: Spain (+X% per year) and Hungary (+X% per year).

Export Prices by Country

In 2020, the average preserved belly cut export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, export price indicated mild growth 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 belly cut export price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. The export price peaked at $X per ton in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Hungary ($X per ton), while the average price for exports to Germany ($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 Hungary, while the prices for the other major destinations experienced more modest paces of growth.

Preserved Belly Cut Imports

Imports into the Czech Republic

In 2020, supplies from abroad of hams, shoulders 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, imports faced a deep contraction. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, preserved belly cut imports rose rapidly to $X in 2020. Over the period under review, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Spain (X tons) constituted the largest preserved belly cut supplier to the Czech Republic, with a X% share of total imports. Moreover, preserved belly cut imports from Spain exceeded the figures recorded by the second-largest supplier, Croatia (X tons), fivefold. The third position in this ranking was occupied by Germany (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Spain stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Croatia (+X% per year) and Germany (-X% per year).

In value terms, Spain ($X), Croatia ($X) and Italy ($X) were the largest preserved belly cut suppliers to the Czech Republic, with a combined X% share of total imports.

Croatia (+X% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average preserved belly cut import price amounted to $X per ton, surging by X% against the previous year. Overall, import price indicated a prominent 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 belly cut import price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. The import price peaked in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Croatia ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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