Eastern Europe: Preserved Pork Market 2021

Preserved Pork Market Size in Eastern Europe

In 2020, the East European preserved pork market increased by X% to $X, rising for the third consecutive year after two years of decline. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. The level of consumption peaked at $X in 2015; however, from 2016 to 2020, consumption stood at a somewhat lower figure.

Preserved Pork Production in Eastern Europe

In value terms, preserved pork production stood at $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period 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% y-o-y. The level of production peaked at $X in 2015; however, from 2016 to 2020, production failed to regain the momentum.

Production By Country in Eastern Europe

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

From 2007 to 2020, the average annual rate of growth in terms of volume in Russia totaled +X%. In the other countries, the average annual rates were as follows: Romania (+X% per year) and Poland (+X% per year).

Preserved Pork Exports

Exports in Eastern Europe

In 2020, preserved pork exports in Eastern Europe stood at X tons, picking up by X% compared with 2019. Total exports indicated prominent growth from 2007 to 2020: its volume 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, exports decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2008 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X tons in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, preserved pork exports rose rapidly to $X in 2020. Total exports indicated a notable increase from 2007 to 2020: its value 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, exports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. The level of export peaked at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Poland dominates preserved pork exports structure, reaching X tons, which was approx. X% of total exports in 2020. It was distantly followed by Hungary (X tons), comprising a X% share of total exports. The Czech Republic (X tons) took a relatively small share of total exports.

From 2007 to 2020, average annual rates of growth with regard to preserved pork exports from Poland stood at +X%. At the same time, the Czech Republic (+X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +X% from 2007-2020. By contrast, Hungary (-X%) illustrated a downward trend over the same period. While the share of Poland (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Hungary (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest preserved pork supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was occupied by Hungary ($X), with a X% share of total exports.

In Poland, preserved pork exports increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Hungary (-X% per year) and the Czech Republic (+X% per year).

Export Prices by Country

The preserved pork export price in Eastern Europe stood at $X per ton in 2020, with a decrease of -X% against the previous year. Over the period under review, the export price saw a pronounced downturn. The most prominent rate of growth was recorded in 2017 when the export price increased by X% year-to-year. Over the period under review, export prices attained the peak figure at $X per ton in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hungary, while the other leaders experienced a decline in the export price figures.

Preserved Pork Imports

Imports in Eastern Europe

In 2020, the amount of pig meat salted (salted, in brine, dried or smoked) imported in Eastern Europe reached X tons, with an increase of X% compared with the year before. Total imports indicated moderate growth from 2007 to 2020: its volume 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, imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. The volume of import peaked in 2020 and is expected to retain growth in the immediate term.

In value terms, preserved pork imports rose markedly to $X in 2020. Over the period under review, imports enjoyed a buoyant expansion. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. The level of import peaked in 2020 and is likely to see gradual growth in years to come.

Imports by Country

The purchases of the eight major importers of pig meat salted (salted, in brine, dried or smoked), namely the Czech Republic, Romania, Slovakia, Poland, Hungary, Bulgaria, Lithuania and Ukraine, represented more than two-thirds of total import.

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 pork importing markets in Eastern Europe were the Czech Republic ($X), Poland ($X) and Romania ($X), with a combined X% share of total imports. These countries were followed by Hungary, Slovakia, Ukraine, Lithuania and Bulgaria, which together accounted for a further X terms of the main importing countries, Ukraine 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 pork import price in Eastern Europe stood at $X per ton in 2020, surging by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. The level of import peaked at $X per ton in 2014; afterwards, it flattened through to 2020.

Prices varied noticeably by the country of destination; the country with the highest price was Ukraine ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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