Spain: Preserved Pork Market 2021

Preserved Pork Market Size in Spain

The Spanish preserved pork market shrank modestly to $X in 2020, with a decrease of -X% against the previous year. Overall, consumption saw a abrupt descent. The most prominent rate of growth was recorded in 2009 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. from 2010 to 2020, the growth of the market remained at a lower figure.

Preserved Pork Production in Spain

In value terms, preserved pork production stood at $X in 2020 estimated in export prices. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Preserved pork production peaked at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

Preserved Pork Exports

Exports from Spain

In 2020, overseas shipments of pig meat salted (salted, in brine, dried or smoked) decreased by X% to X tons, falling for the second year in a row after seven years of growth. Overall, exports, however, posted a notable expansion. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Exports peaked at X tons in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, preserved pork exports expanded rapidly to $X in 2020. Over the period under review, total exports indicated a buoyant increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Exports peaked in 2020 and are likely to see gradual growth in the near future.

Exports by Country

Germany (X tons), France (X tons) and the UK (X tons) were the main destinations of preserved pork exports from Spain, together accounting for X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for preserved pork exported from Spain were France ($X), Germany ($X) and Portugal ($X), with a combined X% share of total exports. These countries were followed by the UK, the Netherlands, Italy, the U.S., Belgium, Denmark, Mexico and Australia, which together accounted for a further X saw the highest growth rate of the value of exports, among 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

In 2020, the average preserved pork export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. As a result, export price reached the peak level of $X per ton. from 2012 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while the average price for exports to the UK ($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 Portugal, while the prices for the other major destinations experienced more modest paces of growth.

Preserved Pork Imports

Imports into Spain

In 2020, preserved pork imports into Spain was estimated at X tons, picking up by X% compared with the previous year. In general, imports continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, preserved pork imports skyrocketed to $X in 2020. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Germany (X tons) constituted the largest preserved pork supplier to Spain, accounting for a X% share of total imports. Moreover, preserved pork imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was occupied by the UK (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and the UK (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of preserved pork to Spain, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and the UK (+X% per year).

Import Prices by Country

In 2020, the average preserved pork import price amounted to $X per ton, increasing by X% against the previous year. In general, the import price, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2009 an increase of X% y-o-y. As a result, import price reached the peak level of $X per ton. from 2010 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Portugal, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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