Northern America: Preserved Pork Market 2021

Preserved Pork Market Size in Northern America

The North American preserved pork market reached $X in 2020, with an increase of X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2015; however, from 2016 to 2020, consumption failed to regain the momentum.

Preserved Pork Production in Northern America

In value terms, preserved pork production rose to $X in 2020 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. The level of production peaked at $X in 2015; however, from 2016 to 2020, production stood at a somewhat lower figure.

Production By Country in Northern America

The U.S. (X tons) remains the largest preserved pork producing country in Northern America, comprising approx. X% of total volume. Moreover, preserved pork production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (X tons), ninefold.

From 2007 to 2020, the average annual growth rate of volume in the U.S. was relatively modest.

Preserved Pork Exports

Exports in Northern America

In 2020, shipments abroad of pig meat salted (salted, in brine, dried or smoked) decreased by -X% to X tons, falling for the third year in a row after two years of growth. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at X tons in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

In value terms, preserved pork exports reached $X in 2020. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. The level of export peaked at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

Exports by Country

The U.S. was the largest exporter of pig meat salted (salted, in brine, dried or smoked) in Northern America, with the volume of exports finishing at X tons, which was near X% of total exports in 2020. It was distantly followed by Canada (X tons), committing a X% share of total exports.

From 2007 to 2020, the biggest increases were in the U.S..

In value terms, the largest preserved pork supplying countries in Northern America were the U.S. ($X) and Canada ($X U.S. recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2020, the preserved pork export price in Northern America amounted to $X per ton, rising by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the export price increased by X% year-to-year. Over the period under review, export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was the U.S. ($X per ton), while Canada totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada.

Preserved Pork Imports

Imports in Northern America

In 2020, the amount of pig meat salted (salted, in brine, dried or smoked) imported in Northern America soared to X tons, increasing by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2012 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum in 2020 and are expected to retain growth in the near future.

In value terms, preserved pork imports surged to $X in 2020. Total imports indicated measured 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 increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. The level of import peaked in 2020 and is likely to see steady growth in the immediate term.

Imports by Country

In 2020, the U.S. (X tons) was the main importer of pig meat salted (salted, in brine, dried or smoked), comprising X% of total imports. It was distantly followed by Canada (X tons), comprising a X% share of total imports.

From 2007 to 2020, the biggest increases were in Canada.

In value terms, the U.S. ($X) constitutes the largest market for imported pig meat salted (salted, in brine, dried or smoked) in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value in the U.S. stood at +X%.

Import Prices by Country

The preserved pork import price in Northern America stood at $X per ton in 2020, picking up by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2018 an increase of X% y-o-y. As a result, import price attained the peak level of $X per ton. from 2019 to 2020, the growth in terms of the import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while Canada amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada.

Source: IndexBox Platform

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