Europe: Frozen Pork Carcase Market 2024

Frozen Pork Carcase Market Size in Europe

The Europe frozen pork carcase market rose significantly to $X in 2022, surging by 12% against the previous year. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level in 2022 and is likely to continue growth in the immediate term.

Frozen Pork Carcase Production in Europe

In value terms, frozen pork carcase production shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by 41%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

The country with the largest volume of frozen pork carcase production was Russia (X tons), comprising approx. 66% of total volume. Moreover, frozen pork carcase production in Russia exceeded the figures recorded by the second-largest producer, the UK (X tons), sixfold. Germany (X tons) ranked third in terms of total production with a 6.2% share.

In Russia, frozen pork carcase production expanded at an average annual rate of +17.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the UK (+4.2% per year) and Germany (-3.2% per year).

Frozen Pork Carcase Exports

Exports in Europe

In 2022, overseas shipments of frozen carcases of pig meat decreased by -67.8% to X tons, falling for the second year in a row after two years of growth. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 130% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, frozen pork carcase exports declined remarkably to $X in 2022. Over the period under review, exports saw a abrupt descent. The growth pace was the most rapid in 2019 when exports increased by 167%. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Spain (X tons) was the key exporter of frozen carcases of pig meat, constituting 33% of total exports. The Netherlands (X tons) held a 16% share (based on physical terms) of total exports, which put it in second place, followed by Italy (13%), Germany (11%) and the UK (6.3%). Russia (X tons), Poland (X tons), Lithuania (X tons), Portugal (X tons), Serbia (X tons), France (X tons) and Denmark (X tons) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Lithuania (with a CAGR of +127.4%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) remains the largest frozen pork carcase supplier in Europe, comprising 39% of total exports. The second position in the ranking was taken by the Netherlands ($X), with an 18% share of total exports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual growth rate of value in Spain stood at +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 Europe amounted to $X per ton, picking up by 3.3% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 24%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a 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 Europe

In 2022, overseas purchases of frozen carcases of pig meat increased by 4.3% to X tons, rising for the second year in a row after five years of decline. In general, imports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 21%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, frozen pork carcase imports expanded to $X in 2022. Overall, imports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Poland (X tons), Romania (X tons) and Italy (X tons) represented the main importer of frozen carcases of pig meat in Europe, achieving 58% of total import. Greece (X tons) took the next position in the ranking, followed by Spain (X tons) and the Netherlands (X tons). All these countries together took approx. 20% share of total imports. The following importers - Serbia (X tons), France (X tons), Latvia (X tons), Croatia (X tons) and Portugal (X tons) - together made up 11% of total imports.

From 2012 to 2022, the biggest increases were recorded for Serbia (with a CAGR of +50.3%), while purchases 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 48% share of total imports. The Netherlands, Spain, Italy, Portugal, Serbia, France, Croatia and Latvia lagged somewhat behind, together comprising a further 37%.

Among the main importing countries, Croatia, with a CAGR of +49.6%, 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

The import price in Europe stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 25% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, 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 Romania (+1.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform