France: Market for Salted, Dried or Smoked Meat, and Offal 2024

Market Size for Salted, Dried or Smoked Meat, and Offal in France

The French market for salted, dried or smoked meat, and offal skyrocketed to $X in 2022, growing by 157% against the previous year. In general, consumption, however, recorded a slight decline. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Salted, Dried or Smoked Meat, and Offal in France

In value terms, production of salted, dried or smoked meat, and offal skyrocketed to $X in 2022 estimated in export price. Overall, production, however, showed a abrupt setback. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Salted, Dried or Smoked Meat, and Offal

Exports from France

In 2022, overseas shipments of salted, dried or smoked meat, and offal increased by 13% to X tons, rising for the third consecutive year after five years of decline. Overall, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, exports of salted, dried or smoked meat, and offal expanded significantly to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 16%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons), the UK (X tons) and Spain (X tons) were the main destinations of exports of salted, dried or smoked meat, and offal from France, together accounting for 44% of total exports. Italy, Portugal, Germany, Ireland, Poland, Chile, Greece, the Netherlands and Hungary lagged somewhat behind, together comprising a further 41%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of +288.7%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) remains the key foreign market for salted, dried or smoked meat, and offal exports from France, comprising 28% of total exports. The second position in the ranking was taken by Germany ($X), with a 10% share of total exports. It was followed by Italy, with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium stood at -1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-3.5% per year) and Italy (-3.9% per year).

Export Prices by Country

The average export price for salted, dried or smoked meat, and offal stood at $X per ton in 2022, declining by -5.5% against the previous year. Over the period under review, the export price, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2017 an increase of 50% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+34.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Salted, Dried or Smoked Meat, and Offal

Imports into France

In 2022, the amount of salted, dried or smoked meat, and offal imported into France dropped slightly to X tons, standing approx. at the previous year. Over the period under review, imports continue to indicate a slight setback. The most prominent rate of growth was recorded in 2019 when imports increased by 27% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, imports of salted, dried or smoked meat, and offal declined slightly to $X in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 8.2%. As a result, imports reached the peak of $X, and then declined modestly in the following year.

Imports by Country

Italy (X tons), Germany (X tons) and Spain (X tons) were the main suppliers of imports of salted, dried or smoked meat, and offal to France, with a combined 70% share of total imports. Belgium, the Netherlands, the UK, Switzerland and Brazil lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +13.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest salted, dried or smoked meat, and offal suppliers to France were Italy ($X), Spain ($X) and Germany ($X), with a combined 72% share of total imports. Switzerland, Belgium, the Netherlands, the UK and Brazil lagged somewhat behind, together comprising a further 25%.

Among the main suppliers, the Netherlands, with a CAGR of +12.0%, recorded 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 average import price for salted, dried or smoked meat, and offal stood at $X per ton in 2022, remaining constant against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for salted, dried or smoked meat, and offal decreased by -2.6% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 41%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform