EU: Frozen Pork Carcase Market 2024

Frozen Pork Carcase Market Size in the EU

After two years of decline, the EU frozen pork carcase market increased by 4.5% to $X in 2022. Overall, consumption, however, saw a noticeable downturn. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Frozen Pork Carcase Production in the EU

In value terms, frozen pork carcase production fell markedly to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 24% against the previous year. Over the period under review, production reached the maximum level at $X in 2021, and then fell notably in the following year.

The country with the largest volume of frozen pork carcase production was Germany (X tons), comprising approx. 29% of total volume. Moreover, frozen pork carcase production in Germany exceeded the figures recorded by the second-largest producer, the Netherlands (X tons), threefold. Romania (X tons) ranked third in terms of total production with an 8.4% share.

In Germany, frozen pork carcase production decreased by an average annual rate of -3.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Netherlands (+4.0% per year) and Romania (+0.5% per year).

Frozen Pork Carcase Exports

Exports in the EU

In 2022, overseas shipments of frozen carcases of pig meat decreased by -69.5% to X tons, falling for the second year in a row after two years of growth. In general, exports saw a deep reduction. The pace of growth appeared the most rapid in 2019 when exports increased by 153% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen pork carcase exports declined dramatically to $X in 2022. Overall, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2019 with an increase of 200%. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Spain was the main exporter of frozen carcases of pig meat in the European Union, with the volume of exports finishing at X tons, which was near 38% of total exports in 2022. The Netherlands (X tons) took the second position in the ranking, followed by Italy (X tons) and Germany (X tons). All these countries together took approx. 47% share of total exports. The following exporters - Poland (X tons), Lithuania (X tons), Portugal (X tons) and France (X tons) - together made up 9.8% of total exports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of +127.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) remains the largest frozen pork carcase supplier in the European Union, comprising 44% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 20% share of total exports. It was followed by Germany, with a 14% share.

From 2012 to 2022, the average annual growth rate of value in Spain totaled +10.2%. In the other countries, the average annual rates were as follows: the Netherlands (+26.9% per year) and Germany (-17.9% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, growing by 4.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2017 an increase of 24% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Portugal ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.2%), while the other leaders experienced more modest paces of growth.

Frozen Pork Carcase Imports

Imports in the EU

In 2022, overseas purchases of frozen carcases of pig meat increased by 5.8% to X tons, rising for the third consecutive year after two years of decline. In general, imports, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 22%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, frozen pork carcase imports totaled $X in 2022. Over the period under review, imports, however, continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the three major importers of frozen carcases of pig meat, namely Poland, Romania and Italy, represented more than half of total import. Greece (X tons) took an 8% share (based on physical terms) of total imports, which put it in second place, followed by Spain (6.9%) and the Netherlands (6.7%). France (X tons) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Netherlands (with a CAGR of +20.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Romania ($X) and Greece ($X) were the countries with the highest levels of imports in 2022, with a combined 53% share of total imports. The Netherlands, Spain, Italy and France lagged somewhat behind, together accounting for a further 29%.

In terms of the main importing countries, the Netherlands, with a CAGR of +20.9%, 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 2022, the import price in the European Union amounted to $X per ton, standing approx. at the previous year. In general, the import price saw a mild slump. The growth pace was the most rapid in 2017 an increase of 11%. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Italy ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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