U.S.: Sausage Market 2024

Sausage Market Size in the U.S.

In 2021, the U.S. sausage market decreased by -6.5% to $X for the first time since 2018, thus ending a two-year rising trend. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Sausage consumption peaked at $X in 2020, and then reduced in the following year.

Sausage Production in the U.S.

In value terms, sausage production contracted to $X in 2021. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2015 with an increase of 15%. Over the period under review, production reached the maximum level at $X in 2020, and then shrank in the following year.

Sausage Exports

Exports from the U.S.

In 2021, after two years of decline, there was significant growth in overseas shipments of sausages and similar products of meat, when their volume increased by 26% to X tons. The total export volume increased at an average annual rate of +2.5% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sausage exports surged to $X in 2021. The total export value increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Mexico (X tons), Canada (X tons) and Japan (X tons) were the main destinations of sausage exports from the United States, with a combined 76% share of total exports. These countries were followed by South Korea, Hong Kong SAR, the Philippines, Guatemala and China, which together accounted for a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Guatemala (with a CAGR of +18.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sausage exported from the United States were Canada ($X), Mexico ($X) and Japan ($X), together accounting for 75% of total exports. These countries were followed by South Korea, Hong Kong SAR, Guatemala, the Philippines and China, which together accounted for a further 11%.

In terms of the main countries of destination, Guatemala, with a CAGR of +21.7%, saw the highest growth rate of 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 2021, the average sausage export price amounted to $X per ton, with a decrease of -5.9% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 7.7%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Sausage Imports

Imports into the U.S.

In 2021, imports of sausages and similar products of meat into the United States soared to X tons, jumping by 31% on 2020 figures. In general, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sausage imports skyrocketed to $X in 2021. Over the period under review, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Canada (X tons) constituted the largest supplier of sausage to the United States, accounting for a 49% share of total imports. Moreover, sausage imports from Canada exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. Mexico (X tons) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Canada totaled +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+28.2% per year) and Mexico (+6.2% per year).

In value terms, Canada ($X), Italy ($X) and Mexico ($X) appeared to be the largest sausage suppliers to the United States, together accounting for 75% of total imports.

Italy, with a CAGR of +26.8%, recorded 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

The average sausage import price stood at $X per ton in 2021, shrinking by -5.6% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 13%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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