Northern America - Frozen Carcases of Pig Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorthern America: Frozen Pork Carcase Market 2024
Frozen Pork Carcase Market Size in Northern America
In 2022, the North American frozen pork carcase market increased by 111% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption saw prominent growth. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.
Frozen Pork Carcase Production in Northern America
In value terms, frozen pork carcase production surged to $X in 2022 estimated in export price. In general, production recorded a strong increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.
The United States (X tons) constituted the country with the largest volume of frozen pork carcase production, accounting for 84% of total volume. Moreover, frozen pork carcase production in the United States exceeded the figures recorded by the second-largest producer, Canada (X tons), fivefold.
In the United States, frozen pork carcase production remained relatively stable over the period from 2012-2022.
Frozen Pork Carcase Exports
Exports in Northern America
In 2022, shipments abroad of frozen carcases of pig meat decreased by -58.2% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2019 when exports increased by 26,278% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, frozen pork carcase exports reduced sharply to $X in 2022. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by 24,550% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.
Exports by Country
The United States was the major exporting country with an export of about X tons, which recorded 90% of total exports. It was distantly followed by Canada (X tons), making up a 10% share of total exports.
Exports from the United States decreased at an average annual rate of -8.2% from 2012 to 2022. At the same time, Canada (+27.1%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +27.1% from 2012-2022. While the share of Canada (+9.7 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (-9.7 p.p.) displayed negative dynamics.
In value terms, the United States ($X) remains the largest frozen pork carcase supplier in Northern America, comprising 97% of total exports. The second position in the ranking was held by Canada ($X), with a 3.5% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value in the United States was relatively modest.
Export Prices by Country
The export price in Northern America stood at $X per ton in 2022, surging by 98% against the previous year. In general, the export price posted buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.0%).
Frozen Pork Carcase Imports
Imports in Northern America
In 2022, overseas purchases of frozen carcases of pig meat increased by 65% to X tons, rising for the second year in a row after two years of decline. In general, imports posted a significant expansion. The growth pace was the most rapid in 2015 with an increase of 991%. The volume of import peaked in 2022 and is expected to retain growth in the near future.
In value terms, frozen pork carcase imports soared to $X in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 901%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.
Imports by Country
The United States was the major importer of frozen carcases of pig meat in Northern America, with the volume of imports resulting at X tons, which was near 77% of total imports in 2022. It was distantly followed by Canada (X tons), generating a 22% share of total imports.
The United States was also the fastest-growing in terms of the frozen carcases of pig meat imports, with a CAGR of +100.9% from 2012 to 2022. At the same time, Canada (+65.4%) displayed positive paces of growth. From 2012 to 2022, the share of the United States and Canada increased by +77 and +11 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) constitutes the largest market for imported frozen carcases of pig meat in Northern America, comprising 80% of total imports. The second position in the ranking was taken by Canada ($X), with an 18% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value in the United States stood at +54.7%.
Import Prices by Country
The import price in Northern America stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price recorded a abrupt downturn. The pace of growth was the most pronounced in 2016 an increase of 103%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-9.0%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the frozen pork carcase market in Northern America. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10113230 - Frozen carcases and half-carcases, of pig meat
Country coverage:
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Northern America, split by region and country
- Trade (exports and imports) in Northern America
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Producing Animals, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Producing Animals, By Country, 2023
- Producing Animals, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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