Greece: Preserved Belly Cut Market 2021

Preserved Belly Cut Market Size in Greece

The Greek preserved belly cut market declined to $X in 2020, falling by -X% against the previous year. Overall, consumption showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2010 when the market value increased by X% year-to-year. Preserved belly cut consumption peaked at $X in 2008; however, from 2009 to 2020, consumption remained at a lower figure.

Preserved Belly Cut Production in Greece

In value terms, preserved belly cut production reduced to $X in 2020 estimated in export prices. Overall, production saw a perceptible contraction. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. from 2009 to 2020, production growth remained at a somewhat lower figure.

Preserved Belly Cut Exports

Exports from Greece

After three years of decline, overseas shipments of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) increased by X% to X tons in 2020. In general, exports showed mild growth. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at X tons in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

In value terms, preserved belly cut exports totaled $X in 2020. Overall, exports showed a slight downturn. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. from 2009 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Cyprus (X tons), the UK (X tons) and Romania (X kg) were the main destinations of preserved belly cut exports from Greece, with a combined X% share of total exports. These countries were followed by Germany, the Netherlands, Italy and Poland, which together accounted for a further X 2007 to 2020, the biggest increases were in Italy (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Cyprus ($X) remains the key foreign market for preserved belly cut exports from Greece, comprising X% of total exports. The second position in the ranking was occupied by the UK ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Cyprus amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-X% per year) and Romania (+X% per year).

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. Over the period under review, the export price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum at $X per ton in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Cyprus ($X per ton), while the average price for exports to Poland ($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 Romania, while the prices for the other major destinations experienced mixed trend patterns.

Preserved Belly Cut Imports

Imports into Greece

After two years of growth, purchases abroad of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) decreased by -X% to X tons in 2020. Over the period under review, imports recorded a perceptible downturn. The growth pace was the most rapid in 2014 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at X tons in 2019, and then reduced dramatically in the following year.

In value terms, preserved belly cut imports declined markedly to $X in 2020. In general, imports showed a pronounced decrease. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Germany (X tons) constituted the largest preserved belly cut supplier to Greece, with a X% share of total imports. Moreover, preserved belly cut imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was occupied by Spain (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and Spain (-X% per year).

In value terms, Italy ($X) constituted the largest supplier of preserved belly cut to Greece, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Italy totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Poland (+X% per year).

Import Prices by Country

In 2020, the average preserved belly cut import price amounted to $X per ton, jumping by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. Over the period under review, average import prices reached the maximum at $X per ton in 2010; however, from 2011 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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