Scandinavia: Market for Prepared Or Preserved Shoulders And Cuts Of Swine Meat 2025

Market Size for Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Scandinavia

The Scandinavia preserved swine meat cut market declined rapidly to $X in 2021, reducing by -24.7% against the previous year. The total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -37.2% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Production of Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Scandinavia

In value terms, preserved swine meat cut production fell slightly to $X in 2021 estimated in export price. Over the period under review, production recorded a perceptible slump. The pace of growth was the most pronounced in 2014 when the production volume increased by 49% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Exports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Exports in Scandinavia

In 2021, the amount of prepared or preserved shoulders and cuts of swine meat exported in Scandinavia contracted to X tons, waning by -6.7% on 2020. Total exports indicated a modest expansion from 2012 to 2021: its volume increased at an average annual rate of +1.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +15.8% against 2019 indices. The pace of growth appeared the most rapid in 2014 when exports increased by 36%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, preserved swine meat cut exports dropped slightly to $X in 2021. Over the period under review, exports, however, saw moderate growth. The pace of growth appeared the most rapid in 2014 when exports increased by 51%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Denmark (X tons), together finishing at 99.9% of total export.

Denmark was also the fastest-growing in terms of the prepared or preserved shoulders and cuts of swine meat exports, with a CAGR of +1.1% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Denmark ($X) also remains the largest preserved swine meat cut supplier in Scandinavia.

From 2012 to 2021, the average annual rate of growth in terms of value in Denmark amounted to +3.5%.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, growing by 2.8% against the previous year. Over the last nine years, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2014 an increase of 11%. The level of export peaked in 2021 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Denmark.

From 2012 to 2021, the rate of growth in terms of prices for Denmark amounted to +2.3% per year.

Imports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Imports in Scandinavia

After two years of decline, supplies from abroad of prepared or preserved shoulders and cuts of swine meat increased by 8.2% to X tons in 2021. Total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +7.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -16.6% against 2018 indices. The pace of growth was the most pronounced in 2013 when imports increased by 103%. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, preserved swine meat cut imports reached $X in 2021. In general, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 180%. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Sweden (X tons) and Denmark (X tons) were the key importers of prepared or preserved shoulders and cuts of swine meat in 2021, resulting at near 49% and 39% of total imports, respectively. It was distantly followed by Norway (X tons), comprising a 12% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +80.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved swine meat cut importing markets in Scandinavia were Denmark ($X), Sweden ($X) and Norway ($X), with a combined 99% share of total imports.

Among the main importing countries, Norway, with a CAGR of +77.5%, 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 more modest paces of growth.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2021, picking up by 2.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.3%. The pace of growth appeared the most rapid in 2013 an increase of 38% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Norway ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+7.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform