EU: Preserved Swine Meat Market 2024

Preserved Swine Meat Market Size in the EU

The EU preserved swine meat market declined modestly to $X in 2021, which is down by -3% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Preserved Swine Meat Production in the EU

In value terms, preserved swine meat production declined modestly to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 11% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then reduced in the following year.

Preserved Swine Meat Exports

Exports in the EU

In 2021, overseas shipments of prepared or preserved hams and cuts of swine meat decreased by -0.1% to X tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +2.7% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 14%. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, preserved swine meat exports rose markedly to $X in 2021. The total export value increased at an average annual rate of +2.8% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 16% against the previous year. The level of export peaked at $X in 2019; afterwards, it flattened through to 2021.

Exports by Country

Poland (X tons) and Germany (X tons) represented roughly 49% of total exports in 2021. It was distantly followed by Italy (X tons), Belgium (X tons), France (X tons) and Austria (X tons), together making up a 31% share of total exports. The Czech Republic (X tons) held a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Czech Republic (with a CAGR of +17.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest preserved swine meat supplying countries in the European Union were Germany ($X), Poland ($X) and Italy ($X), together accounting for 63% of total exports. These countries were followed by Belgium, France, Austria and the Czech Republic, which together accounted for a further 22%.

In terms of the main exporting countries, the Czech Republic, with a CAGR of +17.1%, saw the highest rates of growth with regard to 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

The export price in the European Union stood at $X per ton in 2021, with an increase of 6.8% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 8.9%. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+1.3%), while the other leaders experienced more modest paces of growth.

Preserved Swine Meat Imports

Imports in the EU

In 2021, purchases abroad of prepared or preserved hams and cuts of swine meat increased by 6.6% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2015 when imports increased by 12% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, preserved swine meat imports expanded slightly to $X in 2021. The total import value increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 12%. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

France (X tons) and Germany (X tons) represented roughly 36% of total imports in 2021. Belgium (X tons) ranks next in terms of the total imports with a 9.6% share, followed by Italy (7.8%), Denmark (6.5%) and Hungary (4.8%). The following importers - Poland (X tons), the Czech Republic (X tons), Spain (X tons), Slovakia (X tons), the Netherlands (X tons), Austria (X tons) and Romania (X tons) - together made up 23% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Romania (with a CAGR of +19.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Belgium ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 51% of total imports. Denmark, Italy, Hungary, Poland, the Netherlands, Spain, Romania, Austria, Slovakia and the Czech Republic lagged somewhat behind, together accounting for a further 36%.

Romania, with a CAGR of +20.7%, saw the highest rates of growth with regard to the value of imports, among 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

The import price in the European Union stood at $X per ton in 2021, waning by -1.6% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the import price increased by 10%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+1.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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