EU: Market for Prepared Or Preserved Shoulders And Cuts Of Swine Meat 2024

Market Size for Prepared Or Preserved Shoulders And Cuts Of Swine Meat in the EU

In 2021, the EU preserved swine meat cut market decreased by -1.9% to $X, falling for the second consecutive year after three years of growth. Overall, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Production of Prepared Or Preserved Shoulders And Cuts Of Swine Meat in the EU

In value terms, preserved swine meat cut production dropped slightly to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 16%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Exports in the EU

After two years of decline, shipments abroad of prepared or preserved shoulders and cuts of swine meat increased by 2.2% to X tons in 2021. Total exports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 47%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, preserved swine meat cut exports expanded to $X in 2021. Total exports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -14.9% against 2018 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 37% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons), Ireland (X tons) and Belgium (X tons) represented roughly 61% of total exports in 2021. Denmark (X tons) took a 7.3% share (based on physical terms) of total exports, which put it in second place, followed by Germany (7%), Poland (6.6%) and Spain (5.5%).

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Netherlands (with a CAGR of +16.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest preserved swine meat cut supplying countries in the European Union were the Netherlands ($X), Ireland ($X) and Belgium ($X), with a combined 53% share of total exports.

In terms of the main exporting countries, Ireland, with a CAGR of +14.3%, recorded 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, almost unchanged from the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 12% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+2.3%), while the other leaders experienced more modest paces of growth.

Imports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Imports in the EU

In 2021, supplies from abroad of prepared or preserved shoulders and cuts of swine meat decreased by -5.1% to X tons, falling for the third consecutive year after two years of growth. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 9.1%. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, preserved swine meat cut imports dropped slightly to $X in 2021. The total import value increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 21% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons), distantly followed by Sweden (X tons), Denmark (X tons), France (X tons), Belgium (X tons), Italy (X tons), Poland (X tons) and the Netherlands (X tons) represented the main importers of prepared or preserved shoulders and cuts of swine meat, together constituting 83% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Poland (with a CAGR of +67.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved swine meat cut importing markets in the European Union were Germany ($X), Denmark ($X) and Sweden ($X), together comprising 47% of total imports. These countries were followed by France, Belgium, the Netherlands, Italy and Poland, which together accounted for a further 37%.

Poland, with a CAGR of +58.2%, saw the highest growth rate of 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 2021, the import price in the European Union amounted to $X per ton, with an increase of 1.5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2013 an increase of 13% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+7.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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