Eastern Europe: Preserved Swine Belly Market 2021

Preserved Swine Belly Market Size in Eastern Europe

The East European preserved swine belly market expanded rapidly to $X in 2020, picking up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2020, consumption remained at a lower figure.

Preserved Swine Belly Production in Eastern Europe

In value terms, preserved swine belly production amounted to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2020, production failed to regain the momentum.

Production By Country in Eastern Europe

The countries with the highest volumes of preserved swine belly production in 2020 were Russia (X tons), Poland (X tons) and Romania (X tons), with a combined X% share of total production.

From 2007 to 2020, the biggest increases were in Poland, while preserved swine belly production for the other leaders experienced more modest paces of growth.

Preserved Swine Belly Exports

Exports in Eastern Europe

In 2020, after two years of growth, there was significant decline in overseas shipments 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, exports recorded a pronounced decline. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. As a result, exports reached the peak of X tons. from 2017 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, preserved swine belly exports dropped markedly to $X in 2020. In general, exports showed a perceptible decline. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at $X in 2011; however, from 2012 to 2020, exports remained at a lower figure.

Exports by Country

In 2020, Poland (X tons) was the largest exporter of bellies and cuts of swine (salted, in brine, dried or smoked), comprising X% of total exports. Slovakia (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Romania (X%), the Czech Republic (X%) and Hungary (X%). Lithuania (X tons) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to preserved swine belly exports from Poland stood at -X%. At the same time, Romania (+X%), Lithuania (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +X% from 2007-2020. By contrast, Slovakia (-X%) and Hungary (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Poland, Romania, the Czech Republic and Lithuania increased by +X%, +X%, +X% and +X% percentage points, while Hungary (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) emerged as the largest preserved swine belly supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was occupied by Romania ($X), with a X% share of total exports. It was followed by Slovakia, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Poland was relatively modest. In the other countries, the average annual rates were as follows: Romania (+X% per year) and Slovakia (-X% per year).

Export Prices by Country

In 2020, the preserved swine belly export price in Eastern Europe amounted to $X per ton, increasing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. Over the period under review, export prices reached the maximum in 2020 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Lithuania ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the other leaders experienced more modest paces of growth.

Preserved Swine Belly Imports

Imports in Eastern Europe

In 2020, supplies from abroad of bellies and cuts of swine (salted, in brine, dried or smoked) increased by X% to X tons, rising for the fourth year in a row after three years of decline. Total imports indicated noticeable growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2016 indices. The volume of import peaked at X tons in 2013; afterwards, it flattened through to 2020.

In value terms, preserved swine belly imports surged to $X in 2020. In general, imports posted perceptible growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, the Czech Republic (X tons), distantly followed by Slovakia (X tons), Poland (X tons), Romania (X tons) and Hungary (X tons) were the main importers of bellies and cuts of swine (salted, in brine, dried or smoked), together creating X% of total imports. The following importers - Lithuania (X tons) and Estonia (X tons) - each accounted for an X% share of total imports.

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

In value terms, the largest preserved swine belly importing markets in Eastern Europe were the Czech Republic ($X), Poland ($X) and Slovakia ($X), with a combined X% share of total imports. These countries were followed by Hungary, Romania, Estonia and Lithuania, which together accounted for a further X the main importing countries, Romania 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

In 2020, the preserved swine belly import price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2017 an increase of X% y-o-y. Over the period under review, import prices hit record highs in 2020 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Hungary ($X per ton) and Poland ($X per ton), while Lithuania ($X per ton) and Romania ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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