Ireland: Bacon And Ham Market 2025

Bacon And Ham Market Size in Ireland

The Irish bacon and ham market surged to $X in 2022, jumping by 96% against the previous year. Over the period under review, consumption, however, showed a perceptible downturn. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Bacon And Ham Production in Ireland

In value terms, bacon and ham production skyrocketed to $X in 2022 estimated in export price. In general, the total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -10.0% against 2020 indices. Bacon and ham production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Bacon And Ham Exports

Exports from Ireland

In 2022, overseas shipments of bacon, ham and other dried, salted or smoked pig meat increased by 1.9% to X tons, rising for the sixth year in a row after three years of decline. Over the period under review, exports showed a buoyant increase. The pace of growth appeared the most rapid in 2018 when exports increased by 343%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, bacon and ham exports fell to $X in 2022. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 291% against the previous year. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

The UK (X tons) was the main destination for bacon and ham exports from Ireland, accounting for a 91% share of total exports. Moreover, bacon and ham exports to the UK exceeded the volume sent to the second major destination, Spain (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the UK stood at +21.8%.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK totaled +22.7%.

Export Prices by Country

In 2022, the average bacon and ham export price amounted to $X per ton, with a decrease of -10.1% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 40% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to the UK stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+0.7%).

Bacon And Ham Imports

Imports into Ireland

In 2022, the amount of bacon, ham and other dried, salted or smoked pig meat imported into Ireland totaled X tons, therefore, remained relatively stable against the previous year. Over the period under review, imports continue to indicate a temperate expansion. The pace of growth was the most pronounced in 2013 when imports increased by 23% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, bacon and ham imports amounted to $X in 2022. Overall, imports recorded a moderate expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 42% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), the UK (X tons) and Denmark (X tons) were the main suppliers of bacon and ham imports to Ireland, with a combined 89% share of total imports. Germany, France and Italy lagged somewhat behind, together accounting for a further 9.7%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +22.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the UK ($X) and Denmark ($X) appeared to be the largest bacon and ham suppliers to Ireland, with a combined 79% share of total imports. Italy, Germany and France lagged somewhat behind, together comprising a further 17%.

In terms of the main suppliers, France, with a CAGR of +18.5%, 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 2022, the average bacon and ham import price amounted to $X per ton, standing approx. at the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 15%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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