Denmark: Market for Prepared Or Preserved Shoulders And Cuts Of Swine Meat 2024

Market Size for Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Denmark

The Danish preserved swine meat cut market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption recorded slight growth. Preserved swine meat cut consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Denmark

In value terms, preserved swine meat cut production dropped to $X in 2021 estimated in export price. In general, production showed a noticeable slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by 12%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Exports from Denmark

In 2021, approx. X tons of prepared or preserved shoulders and cuts of swine meat were exported from Denmark; reducing by -6.6% compared with the previous year. Over the period under review, total exports indicated a mild expansion from 2012 to 2021: its volume increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +16.7% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of 34% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, preserved swine meat cut exports dropped modestly to $X in 2021. Overall, total exports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +30.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 45%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), France (X tons) and Norway (X tons) were the main destinations of preserved swine meat cut exports from Denmark, together comprising 66% of total exports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +62.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), the United States ($X) and France ($X) appeared to be the largest markets for preserved swine meat cut exported from Denmark worldwide, with a combined 70% share of total exports.

Among the main countries of destination, the United States, with a CAGR of +62.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average preserved swine meat cut export price amounted to $X per ton, surging by 2.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2020 an increase of 9%. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Imports into Denmark

In 2021, after two years of decline, there was significant growth in supplies from abroad of prepared or preserved shoulders and cuts of swine meat, when their volume increased by 17% to X tons. In general, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2013 with an increase of 316% against the previous year. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, preserved swine meat cut imports skyrocketed to $X in 2021. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 661%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) was the main supplier of preserved swine meat cut to Denmark, accounting for a 93% share of total imports. Moreover, preserved swine meat cut imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +17.8%.

In value terms, Germany ($X) constituted the largest supplier of prepared or preserved shoulders and cuts of swine meat to Denmark, comprising 94% of total imports. The second position in the ranking was held by Belgium ($X), with a 1.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +25.6%.

Import Prices by Country

In 2021, the average preserved swine meat cut import price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, preserved swine meat cut import price increased by +52.0% against 2018 indices. The growth pace was the most rapid in 2013 an increase of 83% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, 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 Germany ($X per ton), while the price for Belgium amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+6.6%).

Source: IndexBox Platform

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