Germany: Preserved Swine Meat Market 2024

Preserved Swine Meat Market Size in Germany

In 2021, the German preserved swine meat market increased by 0.4% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, continues to indicate a slight decline. The most prominent rate of growth was recorded in 2017 when the market value increased by 9.4% against the previous year. Preserved swine meat consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Preserved Swine Meat Production in Germany

In value terms, preserved swine meat production fell to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 8% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Preserved Swine Meat Exports

Exports from Germany

In 2021, shipments abroad of prepared or preserved hams and cuts of swine meat decreased by -11.9% to X tons, falling for the second year in a row after two years of growth. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by 8.9%. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, preserved swine meat exports reduced to $X in 2021. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 16% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for preserved swine meat exports from Germany, accounting for a 37% share of total exports. Moreover, preserved swine meat exports to France exceeded the volume sent to the second major destination, the UK (X tons), threefold. The third position in this ranking was held by Denmark (X tons), with an 8.9% share.

From 2012 to 2021, the average annual growth rate of volume to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-1.4% per year) and Denmark (-1.7% per year).

In value terms, France ($X) remains the key foreign market for prepared or preserved hams and cuts of swine meat exports from Germany, comprising 35% of total exports. The second position in the ranking was held by the UK ($X), with a 13% share of total exports. It was followed by Denmark, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value to France amounted to +2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-3.6% per year) and Denmark (-0.5% per year).

Export Prices by Country

The average preserved swine meat export price stood at $X per ton in 2021, standing approx. at the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 8.6%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Swine Meat Imports

Imports into Germany

Preserved swine meat imports into Germany amounted to X tons in 2021, remaining relatively unchanged against 2020. Overall, total imports indicated measured growth from 2012 to 2021: its volume increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -6.2% against 2018 indices. The growth pace was the most rapid in 2017 when imports increased by 24% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, preserved swine meat imports rose markedly to $X in 2021. Over the period under review, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +76.2% against 2015 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 25%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Austria (X tons) constituted the largest preserved swine meat supplier to Germany, accounting for a 45% share of total imports. Moreover, preserved swine meat imports from Austria exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. Spain (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Austria totaled +9.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+6.9% per year) and Spain (+7.8% per year).

In value terms, Austria ($X), Italy ($X) and Spain ($X) were the largest preserved swine meat suppliers to Germany, together comprising 80% of total imports. Poland, the Netherlands, Belgium, Denmark, France and Ireland lagged somewhat behind, together accounting for a further 18%.

In terms of the main suppliers, Poland, with a CAGR of +25.3%, saw the highest rates of growth with regard to 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

In 2021, the average preserved swine meat import price amounted to $X per ton, rising by 6.2% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 14%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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