France: Preserved Belly Cut Market 2021

Preserved Belly Cut Market Size in France

In 2020, after two years of growth, there was significant decline in the French preserved belly cut market, when its value decreased by -X% to $X. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the market value increased by X% against the previous year. Preserved belly cut consumption peaked at $X in 2010; however, from 2011 to 2020, consumption remained at a lower figure.

Preserved Belly Cut Production in France

In value terms, preserved belly cut production contracted notably to $X in 2020 estimated in export prices. Overall, production recorded a mild decline. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. from 2015 to 2020, production growth failed to regain the momentum.

Preserved Belly Cut Exports

Exports from France

Preserved belly cut exports from France soared to X tons in 2020, jumping by X% compared with the previous year's figure. Over the period under review, exports, however, recorded a abrupt decrease. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, preserved belly cut exports surged to $X in 2020. Overall, exports, however, showed a abrupt slump. Exports peaked at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tons) was the main destination for preserved belly cut exports from France, with a X% share of total exports. Moreover, preserved belly cut exports to Hong Kong SAR exceeded the volume sent to the second major destination, Belgium (X tons), twofold. The third position in this ranking was occupied by Italy (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Hong Kong SAR stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-X% per year) and Italy (-X% per year).

In value terms, the largest markets for preserved belly cut exported from France were Belgium ($X), Hong Kong SAR ($X) and Italy ($X), with a combined X% share of total exports. Germany, Switzerland, New Caledonia, Spain, the Philippines and Equatorial Guinea lagged somewhat behind, together accounting for a further X Philippines (+X% per year) saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average preserved belly cut export price stood at $X per ton in 2020, declining by -X% against the previous year. Overall, export price indicated a temperate expansion from 2007 to 2020: its price 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. The growth pace was the most rapid in 2010 when the average export price increased by X% year-to-year. The export price peaked at $X per ton in 2019, and then plummeted in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Switzerland ($X per ton), while the average price for exports to Equatorial Guinea ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Italy, while the prices for the other major destinations experienced more modest paces of growth.

Preserved Belly Cut Imports

Imports into France

In 2020, preserved belly cut imports into France declined to X tons, which is down by -X% on 2019. Overall, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. from 2009 to 2020, the growth imports remained at a lower figure.

In value terms, preserved belly cut imports fell slightly to $X in 2020. In general, imports showed a noticeable downturn. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. As a result, imports attained the peak of $X. from 2009 to 2020, the growth imports failed to regain the momentum.

Imports by Country

Italy (X tons), Spain (X tons) and Belgium (X tons) were the main suppliers of preserved belly cut imports to France, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Belgium, while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest preserved belly cut suppliers to France were Italy ($X), Spain ($X) and Belgium ($X), together accounting for X% of total imports.

Belgium saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average preserved belly cut import price stood at $X per ton in 2020, growing by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2020, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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