Spain: Preserved Belly Cut Market 2021

Preserved Belly Cut Market Size in Spain

In 2020, the Spanish preserved belly cut market decreased by -X% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption, however, recorded a pronounced curtailment. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Preserved belly cut consumption peaked at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Preserved Belly Cut Production in Spain

In value terms, preserved belly cut production shrank to $X in 2020 estimated in export prices. In general, production, however, showed a perceptible descent. The growth pace was the most rapid in 2016 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

Preserved Belly Cut Exports

Exports from Spain

In 2020, shipments abroad of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) decreased by -X% to X tons, falling for the second year in a row after three years of growth. Overall, exports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2008 when exports increased by X% against the previous year. Exports peaked at X tons in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, preserved belly cut exports fell modestly to $X in 2020. Over the period under review, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

Portugal (X tons), Germany (X tons) and France (X tons) were the main destinations of preserved belly cut exports from Spain, together accounting for X% of total exports. Italy, the U.S., Belgium, the Netherlands, China, Mexico, the UK and Ukraine lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in China (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Portugal ($X) constituted the largest markets for preserved belly cut exported from Spain worldwide, with a combined X% share of total exports. These countries were followed by the U.S., Italy, China, Belgium, Mexico, the Netherlands, the UK and Ukraine, which together accounted for a further X terms of the main countries of destination, China (+X% per year) saw the highest rates of growth with regard to 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

In 2020, the average preserved belly cut export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was China ($X per ton), while the average price for exports to Portugal ($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 France, while the prices for the other major destinations experienced more modest paces of growth.

Preserved Belly Cut Imports

Imports into Spain

In 2020, approx. X tons of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) were imported into Spain; with a decrease of -X% against 2019. Overall, imports, however, continue to indicate a temperate expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. from 2019 to 2020, the growth imports remained at a lower figure.

In value terms, preserved belly cut imports declined markedly to $X in 2020. Over the period under review, imports, however, recorded a slight decline. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Poland (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of preserved belly cut imports to Spain, with a combined X% share of total imports. France, Portugal, Italy and Hungary lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Poland ($X) constituted the largest preserved belly cut suppliers to Spain, with a combined X% share of total imports.

Poland saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average preserved belly cut import price amounted to $X per ton, with a decrease of -X% against the previous year. Over the period under review, the import price showed a deep slump. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2011; however, from 2012 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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