Macedonia: Pork Market 2020

Pork Market Size in Macedonia

The revenue of the pork market in Macedonia amounted to $X in 2018, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the market value increased by X% y-o-y. Over the period under review, the pork market reached its peak figure level at $X in 2013; however, from 2014 to 2018, consumption stood at a somewhat lower figure.

Pork Exports

Exports from Macedonia

In 2018, the exports of pork from Macedonia amounted to X tons, growing by X% against the previous year. Overall, pork exports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Macedonia exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, pork exports totaled $X in 2018. In general, pork exports continue to indicate a temperate expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Macedonia exports peaked at $X in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, the U.S. (X tons), Germany (X tons) and Spain (X tons) represented the main exporters of pork exported in the world, committing X% of total export. It was followed by Denmark (X tons), Canada (X tons), the Netherlands (X tons), Belgium (X tons) and Brazil (X tons), together comprising a X% share of total exports. The following exporters - Poland (X tons), France (X tons), the UK (X tons) and Ireland (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Spain, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest pork markets from Macedonia were the U.S. ($X), Germany ($X) and Spain ($X), with a combined X% share of total exports. Denmark, Canada, the Netherlands, Brazil, Belgium, Poland, France, Ireland, the UK and Macedonia lagged somewhat behind, together accounting for a further X experienced the highest rates of growth with regard to market size, among the main exporting countries over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

The pork export price in Macedonia stood at $X per ton in 2018, declining by -X% against the previous year. Over the period under review, the pork export price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2016 when the export price increased by X% year-to-year. Macedonia export price peaked at $X per ton in 2008; however, from 2009 to 2018, export prices failed to regain their momentum.

Average prices varied somewhat amongst the major exporting countries. In 2018, major exporting countries recorded the following prices: in Brazil ($X per ton) and Ireland ($X per ton), while Belgium ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Brazil, while the other leaders experienced more modest paces of growth.

Pork Imports

Imports into Macedonia

In 2018, the imports of pork into Macedonia stood at X tons, rising by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Macedonia imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, pork imports totaled $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2008 when imports increased by X% year-to-year. Over the period under review, pork imports attained their maximum at $X in 2013; however, from 2014 to 2018, imports remained at a lower figure.

Imports by Country

The imports of the twelve major importers of pork, namely China, Japan, Italy, Mexico, Germany, Poland, South Korea, the UK, the U.S., China, Hong Kong SAR, Russia and France, represented more than two-thirds of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported pork into Macedonia, comprising X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by Italy, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in Japan stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: China (+X% per year) and Italy (-X% per year).

Import Prices by Country

In 2018, the pork import price in Macedonia amounted to $X per ton, coming down by -X% against the previous year. Overall, the pork import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the import price increased by X% y-o-y. Over the period under review, the import prices for pork attained their maximum at $X per ton in 2011; however, from 2012 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform