Portugal: Fresh Pork Carcase Market 2025

Fresh Pork Carcase Market Size in Portugal

The Portuguese fresh pork carcase market skyrocketed to $X in 2022, surging by 33% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Fresh Pork Carcase Production in Portugal

In value terms, fresh pork carcase production skyrocketed to $X in 2022 estimated in export price. In general, the total production indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Fresh Pork Carcase Exports

Exports from Portugal

In 2022, after two years of growth, there was significant decline in overseas shipments of fresh or chilled carcases of pig meat, when their volume decreased by -11.5% to X tons. Overall, exports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of 200%. The exports peaked at X tons in 2021, and then shrank in the following year.

In value terms, fresh pork carcase exports reduced dramatically to $X in 2022. In general, exports, however, showed a resilient expansion. The growth pace was the most rapid in 2015 with an increase of 68% against the previous year. The exports peaked at $X in 2021, and then fell rapidly in the following year.

Exports by Country

Spain (X tons), China (X tons) and Germany (X tons) were the main destinations of fresh pork carcase exports from Portugal, together accounting for 76% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +263.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Spain ($X) and China ($X) were the largest markets for fresh pork carcase exported from Portugal worldwide, with a combined 70% share of total exports.

China, with a CAGR of +204.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average fresh pork carcase export price stood at $X per ton in 2022, declining by -4% against the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fresh pork carcase export price increased by +29.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 34% against the previous year. As a result, the export price reached the peak level of $X per ton, and then reduced modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+36.4%), while the prices for the other major destinations experienced more modest paces of growth.

Fresh Pork Carcase Imports

Imports into Portugal

In 2022, the amount of fresh or chilled carcases of pig meat imported into Portugal dropped to X tons, waning by -11.7% against the previous year. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 when imports increased by 26% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, fresh pork carcase imports fell modestly to $X in 2022. Overall, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2017 when imports increased by 29% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Spain (X tons) was the main supplier of fresh pork carcase to Portugal, with a 97% share of total imports. It was followed by Germany (X tons), with a 1.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to -10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.6% per year) and France (-26.5% per year).

In value terms, Spain ($X) constituted the largest supplier of fresh or chilled carcases of pig meat to Portugal, comprising 96% of total imports. The second position in the ranking was taken by Germany ($X), with a 2.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain stood at -6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.9% per year) and France (-21.4% per year).

Import Prices by Country

The average fresh pork carcase import price stood at $X per ton in 2022, surging by 12% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fresh pork carcase import price increased by +51.3% against 2016 indices. The growth pace was the most rapid in 2013 when the average import price increased by 39% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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