Germany: Pork Market 2024

Pork Market Size in Germany

The German pork market totaled $X in 2022, surging by 3.5% against the previous year. Overall, consumption, however, showed a slight decline. The pace of growth appeared the most rapid in 2017 when the market value increased by 8.7%. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Pork Production in Germany

In value terms, pork production shrank modestly to $X in 2022 estimated in export price. In general, production, however, recorded a mild reduction. The pace of growth was the most pronounced in 2019 with an increase of 11%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

The average yield of pork in Germany totaled X kg per head in 2022, approximately mirroring 2021 figures. Over the period under review, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 1.2% against the previous year. The pork yield peaked in 2022 and is expected to retain growth in years to come.

The number of animals slaughtered for pork production in Germany totaled X heads in 2022, remaining stable against the year before. Over the period under review, the number of producing animals, however, saw a slight decrease. The number of animals slaughtered for pork production peaked at X heads in 2016; however, from 2017 to 2022, producing animals remained at a lower figure.

Pork Exports

Exports from Germany

In 2022, approx. X tons of pork were exported from Germany; waning by -12.3% on 2021 figures. Over the period under review, exports continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2016 with an increase of 5.9% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, pork exports shrank slightly to $X in 2022. Overall, exports recorded a perceptible setback. The most prominent rate of growth was recorded in 2019 when exports increased by 14%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X tons) was the main destination for pork exports from Germany, with a 22% share of total exports. Moreover, pork exports to Italy exceeded the volume sent to the second major destination, Poland (X tons), twofold. The Netherlands (X tons) ranked third in terms of total exports with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-2.7% per year) and the Netherlands (-3.4% per year).

In value terms, Italy ($X) remains the key foreign market for pork exports from Germany, comprising 22% of total exports. The second position in the ranking was held by Poland ($X), with a 10% share of total exports. It was followed by the Netherlands, with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-3.7% per year) and the Netherlands (-3.7% per year).

Export Prices by Country

In 2022, the average pork export price amounted to $X per ton, increasing by 9.8% against the previous year. Over the period under review, the export price, however, recorded a mild decrease. The pace of growth appeared the most rapid in 2019 when the average export price increased by 13%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Greece ($X per ton) and France ($X per ton), while the average price for exports to Hungary ($X per ton) and Romania ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+0.1%), while the prices for the other major destinations experienced a decline.

Pork Imports

Imports into Germany

For the fourth year in a row, Germany recorded decline in purchases abroad of pork, which decreased by -6.6% to X tons in 2022. Overall, imports continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2014 when imports increased by 1.5% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, pork imports stood at $X in 2022. In general, imports continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2017 when imports increased by 13%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Denmark (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of pork imports to Germany, together accounting for 82% of total imports. Spain, France, Poland and the UK lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +3.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest pork suppliers to Germany were Denmark ($X), Belgium ($X) and the Netherlands ($X), with a combined 79% share of total imports. Spain, France, Poland and the UK lagged somewhat behind, together accounting for a further 15%.

Poland, with a CAGR of +1.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average pork import price amounted to $X per ton, with an increase of 7.4% against the previous year. Over the period under review, the import price, however, saw a slight curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 15% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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