Eastern Europe: Preserved Belly Cut Market 2021

Preserved Belly Cut Market Size in Eastern Europe

The East European preserved belly cut market shrank to $X in 2020, dropping by -X% against the previous year. Over the period under review, consumption, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. The level of consumption peaked at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Preserved Belly Cut Production in Eastern Europe

In value terms, preserved belly cut production dropped to $X in 2020 estimated in export prices. In general, production, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. The level of production peaked at $X in 2008; however, from 2009 to 2020, production remained at a lower figure.

Production By Country in Eastern Europe

Russia (X tons) constituted the country with the largest volume of preserved belly cut production, comprising approx. X% of total volume. Moreover, preserved belly cut production in Russia exceeded the figures recorded by the second-largest producer, Poland (X tons), sevenfold. Belarus (X tons) ranked third in terms of total production with a X% share.

In Russia, preserved belly cut production expanded at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Poland (+X% per year) and Belarus (+X% per year).

Preserved Belly Cut Exports

Exports in Eastern Europe

In 2020, after three years of growth, there was significant decline in shipments abroad of hams, shoulders and cuts of swine (salted, in brine, dried or smoked), when their volume decreased by -X% to X tons. Overall, exports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. The volume of export peaked at X tons in 2019, and then declined notably in the following year.

In value terms, preserved belly cut exports shrank notably to $X in 2020. In general, exports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2019, and then declined sharply in the following year.

Exports by Country

In 2020, Latvia (X tons), distantly followed by Slovakia (X tons), Poland (X tons), Hungary (X tons), Lithuania (X tons), the Czech Republic (X tons) and Romania (X tons) represented the key exporters of hams, shoulders and cuts of swine (salted, in brine, dried or smoked), together comprising X% of total exports.

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

In value terms, the largest preserved belly cut supplying countries in Eastern Europe were Latvia ($X), Lithuania ($X) and Hungary ($X), with a combined X% share of total exports.

Latvia saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The preserved belly cut export price in Eastern Europe stood at $X per ton in 2020, rising by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; 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 Lithuania, while the other leaders experienced more modest paces of growth.

Preserved Belly Cut Imports

Imports in Eastern Europe

In 2020, approx. X tons of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) were imported in Eastern Europe; with an increase of X% compared with the year before. Overall, imports showed a resilient increase. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. The volume of import peaked in 2020 and is likely to see gradual growth in the immediate term.

In value terms, preserved belly cut imports soared to $X in 2020. In general, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, imports attained the maximum in 2020 and are expected to retain growth in the immediate term.

Imports by Country

Poland (X tons) and Romania (X tons) represented roughly X% of total imports of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) in 2020. Lithuania (X tons) ranks next in terms of the total imports with a X% share, followed by Hungary (X%). The following importers - the Czech Republic (X tons), Estonia (X tons) and Ukraine (X tons) - each accounted for a X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Romania, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved belly cut importing markets in Eastern Europe were Poland ($X), Romania ($X) and Lithuania ($X), with a combined X% share of total imports.

Among the main importing countries, Romania 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 more modest paces of growth.

Import Prices by Country

The preserved belly cut import price in Eastern Europe stood at $X per ton in 2020, remaining stable against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. from 2011 to 2020, the growth in terms of the import prices failed to regain the momentum.

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

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

Source: IndexBox Platform

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