Italy: Preserved Pork Market 2021

Preserved Pork Market Size in Italy

In 2020, the Italian preserved pork market increased by X% to $X, rising for the fifth year in a row after two years of decline. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Preserved Pork Production in Italy

In value terms, preserved pork production reduced sharply to $X in 2020 estimated in export prices. Overall, production recorded a slight reduction. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% year-to-year. Preserved pork production peaked at $X in 2013; however, from 2014 to 2020, production failed to regain the momentum.

Preserved Pork Exports

Exports from Italy

In 2020, shipments abroad of pig meat salted (salted, in brine, dried or smoked) decreased by -X% to X tons, falling for the second year in a row after four years of growth. Over the period under review, total exports indicated a tangible increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, exports hit record highs at X tons in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, preserved pork exports amounted to $X in 2020. Overall, total exports indicated a tangible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

France (X tons), Germany (X tons) and the U.S. (X tons) were the main destinations of preserved pork exports from Italy, together accounting for X% of total exports. The UK, Austria, Belgium, the Netherlands, Japan, Switzerland, Sweden, Croatia and Spain lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain, while exports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the U.S. ($X) appeared to be the largest markets for preserved pork exported from Italy worldwide, with a combined X% share of total exports. These countries were followed by the UK, Belgium, Austria, the Netherlands, Switzerland, Sweden, Japan, Croatia and Spain, which together accounted for a further X the main countries of destination, the Netherlands saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average preserved pork export price stood at $X per ton in 2020, rising by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Switzerland ($X per ton), while the average price for exports to Spain ($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 Austria, while the prices for the other major destinations experienced more modest paces of growth.

Preserved Pork Imports

Imports into Italy

In 2020, supplies from abroad of pig meat salted (salted, in brine, dried or smoked) decreased by -X% to X tons, falling for the third consecutive year after two years of growth. Overall, total imports indicated mild growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2017 indices. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Imports peaked at X tons in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

In value terms, preserved pork imports rose slightly to $X in 2020. Over the period under review, total imports indicated moderate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Germany (X tons) constituted the largest preserved pork supplier to Italy, with a X% share of total imports. Moreover, preserved pork imports from Germany exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold.

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: Spain (+X% per year) and Austria (-X% per year).

In value terms, Germany ($X), Spain ($X) and Austria ($X) were the largest preserved pork suppliers to Italy, together accounting for X% of total imports.

In terms of the main suppliers, Spain recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2020, the average preserved pork import price amounted to $X per ton, rising by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2014 an increase of X% y-o-y. The import price peaked at $X per ton in 2015; however, from 2016 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Spain ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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