Eastern Europe: Frozen Pork Carcase Market 2024

Frozen Pork Carcase Market Size in Eastern Europe

In 2022, the East European frozen pork carcase market increased by 14% to $X, rising for the seventh consecutive year after three years of decline. The total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +104.7% against 2015 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Frozen Pork Carcase Production in Eastern Europe

In value terms, frozen pork carcase production dropped modestly to $X in 2022 estimated in export price. The total production indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.5% against 2020 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 36% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Russia (X tons) remains the largest frozen pork carcase producing country in Eastern Europe, comprising approx. 91% of total volume. It was followed by Romania (X tons), with a 2.5% share of total production. The third position in this ranking was taken by Ukraine (X tons), with a 2.1% share.

In Russia, frozen pork carcase production expanded at an average annual rate of +17.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Romania (+0.5% per year) and Ukraine (+15.0% per year).

Frozen Pork Carcase Exports

Exports in Eastern Europe

In 2022, the amount of frozen carcases of pig meat exported in Eastern Europe contracted sharply to X tons, waning by -37.8% against the year before. Overall, exports showed a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 61%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, frozen pork carcase exports shrank notably to $X in 2022. Over the period under review, exports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 79% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Russia (X tons) was the largest exporter of frozen carcases of pig meat, committing 42% of total exports. Poland (X tons) held a 25% share (based on physical terms) of total exports, which put it in second place, followed by Lithuania (22%) and Hungary (4.7%). The following exporters - Latvia (X tons) and Belarus (X tons) - each reached a 5.6% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Latvia (with a CAGR of +152.0%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the largest frozen pork carcase supplier in Eastern Europe, comprising 49% of total exports. The second position in the ranking was taken by Lithuania ($X), with a 21% share of total exports. It was followed by Poland, with a 19% share.

From 2012 to 2022, the average annual growth rate of value in Russia stood at +46.7%. In the other countries, the average annual rates were as follows: Lithuania (+118.8% per year) and Poland (-26.5% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, picking up by 4.5% against the previous year. Over the period under review, the export price, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2017 an increase of 31%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-1.4%), while the other leaders experienced a decline in the export price figures.

Frozen Pork Carcase Imports

Imports in Eastern Europe

In 2022, approx. X tons of frozen carcases of pig meat were imported in Eastern Europe; which is down by -14% against the previous year. Overall, imports faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, frozen pork carcase imports declined to $X in 2022. In general, imports showed a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 18% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Poland (X tons) and Romania (X tons) dominates imports structure, together achieving 85% of total imports. It was distantly followed by Latvia (X tons), mixing up a 4.6% share of total imports. The Czech Republic (X tons), Bulgaria (X tons) and Belarus (X tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +4.4%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest frozen pork carcase importing markets in Eastern Europe were Poland ($X), Romania ($X) and the Czech Republic ($X), with a combined 89% share of total imports.

In terms of the main importing countries, Romania, with a CAGR of +6.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, rising by 8.1% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 26% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+1.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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