EU: Preserved Swine Belly Market 2021

Preserved Swine Belly Market Size in the EU

The EU preserved swine belly market reached $X in 2020, growing 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 somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 when the market value increased by X% y-o-y. Over the period under review, the market attained the peak level in 2020 and is likely to continue growth in the immediate term.

Preserved Swine Belly Production in the EU

In value terms, preserved swine belly production expanded notably 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 remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, production attained the maximum level in 2020 and is expected to retain growth in the immediate term.

Production By Country in the EU

The countries with the highest volumes of preserved swine belly production in 2020 were France (X tons), Poland (X tons) and Germany (X tons), together accounting for X% 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 the EU

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. The total export volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. As a result, exports reached the peak of X tons. from 2016 to 2020, the growth exports failed to regain the momentum.

In value terms, preserved swine belly exports stood at $X in 2020. Total exports indicated a noticeable expansion from 2007 to 2020: its value 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, exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure in 2020 and are likely to continue growth in the near future.

Exports by Country

The Netherlands (X tons) and Germany (X tons) represented roughly X% of total exports of bellies and cuts of swine (salted, in brine, dried or smoked) in 2020. Italy (X tons) ranks next in terms of the total exports with a X% share, followed by Belgium (X%), France (X%), Denmark (X%) and Spain (X%).

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Denmark, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved swine belly supplying countries in the European Union were the Netherlands ($X), Italy ($X) and Germany ($X), with a combined X% share of total exports. Belgium, France, Denmark and Spain lagged somewhat behind, together accounting for a further X terms of the main exporting countries, Denmark 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 2020, the preserved swine belly export price in the European Union amounted to $X per ton, picking up 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 Italy ($X per ton), while Spain ($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 Netherlands, while the other leaders experienced more modest paces of growth.

Preserved Swine Belly Imports

Imports in the EU

In 2020, imports of bellies and cuts of swine (salted, in brine, dried or smoked) in the European Union declined to X tons, reducing by -X% on the previous year's figure. 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 decreased by -X% against 2017 indices. The growth pace was the most rapid in 2016 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, preserved swine belly imports expanded markedly to $X in 2020. Total imports indicated a tangible expansion from 2007 to 2020: its value 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 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. The level of import peaked in 2020 and is expected to retain growth in the near future.

Imports by Country

The countries with the highest levels of preserved swine belly imports in 2020 were Denmark (X tons), France (X tons), Belgium (X tons), Italy (X tons), the Netherlands (X tons) and Germany (X tons), together finishing at X% of total import. The following importers - Portugal (X tons), Sweden (X tons), Finland (X tons), the Czech Republic (X tons), Ireland (X tons), Luxembourg (X tons) and Slovakia (X tons) - together made up X% of total imports.

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

In value terms, France ($X), Denmark ($X) and Belgium ($X) appeared to be the countries with the highest levels of imports in 2020, together accounting for X% of total imports.

Denmark saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 the European Union 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 growth pace was the most rapid in 2008 an increase of X% year-to-year. Over the period under review, import prices hit record highs in 2020 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform

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