Greece: Market for Prepared Or Preserved Shoulders And Cuts Of Swine Meat 2024

Market Size for Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Greece

The Greek preserved swine meat cut market dropped to $X in 2021, reducing by -6.6% against the previous year. Overall, consumption showed a pronounced descent. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Greece

In value terms, preserved swine meat cut production declined to $X in 2021 estimated in export price. Overall, production continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2014 when the production volume increased by 22% against the previous year. Preserved swine meat cut production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Exports from Greece

In 2021, approx. X tons of prepared or preserved shoulders and cuts of swine meat were exported from Greece; growing by 47% compared with 2020 figures. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 87% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, preserved swine meat cut exports surged to $X in 2021. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 143%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons), Cyprus (X tons) and Romania (X tons) were the main destinations of preserved swine meat cut exports from Greece, with a combined 80% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +3,322.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for prepared or preserved shoulders and cuts of swine meat exports from Greece, comprising 43% of total exports. The second position in the ranking was taken by Romania ($X), with a 15% share of total exports. It was followed by Cyprus, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +144.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+2,284.5% per year) and Cyprus (+138.6% per year).

Export Prices by Country

The average preserved swine meat cut export price stood at $X per ton in 2021, with a decrease of -12.8% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 an increase of 29%. The export price peaked at $X per ton in 2020, and then contracted in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Cyprus ($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 the UK (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Imports into Greece

In 2021, purchases abroad of prepared or preserved shoulders and cuts of swine meat increased by 117% to X tons, rising for the third year in a row after two years of decline. In general, imports, however, showed a abrupt slump. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, preserved swine meat cut imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt decline. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), Bulgaria (X tons) and the Netherlands (X tons) were the main suppliers of preserved swine meat cut imports to Greece, with a combined 70% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +68.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Bulgaria ($X) and the Netherlands ($X) constituted the largest preserved swine meat cut suppliers to Greece, together comprising 71% of total imports.

Bulgaria, with a CAGR of +72.3%, saw the highest rates of growth with regard to 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

In 2021, the average preserved swine meat cut import price amounted to $X per ton, declining by -19.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. The pace of growth was the most pronounced in 2013 when the average import price increased by 26%. The import price peaked at $X per ton in 2020, and then reduced notably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :