Ukraine: Market for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases 2024

Market Size for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Ukraine

In 2022, after two years of growth, there was significant decline in the Ukrainian market for fresh or chilled pig meat other than cuts or carcases, when its value decreased by -33.5% to $X. Over the period under review, consumption saw a deep contraction. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Ukraine

In value terms, production of fresh or chilled pig meat other than cuts or carcases amounted to $X in 2022 estimated in export price. Overall, production, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2014 when the production volume increased by 376%. Over the period under review, production of attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Exports from Ukraine

In 2022, shipments abroad of fresh or chilled pig meat other than cuts or carcases decreased by -72.9% to X tons, falling for the second consecutive year after three years of growth. In general, exports faced a precipitous contraction. The pace of growth was the most pronounced in 2014 with an increase of 228% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fresh or chilled pig meat other than cuts or carcases reduced rapidly to $X in 2022. Over the period under review, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of 170%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Panama (X tons) was the main destination for exports of fresh or chilled pig meat other than cuts or carcases from Ukraine, with a 27% share of total exports. Moreover, exports of fresh or chilled pig meat other than cuts or carcases to Panama exceeded the volume sent to the second major destination, Greece (X kg), twofold. Cyprus (X kg) ranked third in terms of total exports with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Panama totaled +15.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+7.1% per year) and Cyprus (-5.0% per year).

In value terms, Panama ($X) emerged as the key foreign market for fresh or chilled pig meat other than cuts or carcases exports from Ukraine, comprising 36% of total exports. The second position in the ranking was taken by Austria ($X), with a 9.3% share of total exports. It was followed by Cyprus, with an 8.9% share.

From 2012 to 2022, the average annual growth rate of value to Panama stood at +17.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+10.6% per year) and Cyprus (-8.0% per year).

Export Prices by Country

The average export price for fresh or chilled pig meat other than cuts or carcases stood at $X per ton in 2022, picking up by 21% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fresh or chilled pig meat other than cuts or carcases increased by +46.6% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of 49%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Imports into Ukraine

In 2022, purchases abroad of fresh or chilled pig meat other than cuts or carcases decreased by -39.5% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports showed a noticeable curtailment. The pace of growth was the most pronounced in 2017 with an increase of 1,100%. Over the period under review, imports of reached the peak figure at X tons in 2021, and then fell sharply in the following year.

In value terms, imports of fresh or chilled pig meat other than cuts or carcases fell significantly to $X in 2022. Over the period under review, imports showed a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of 883%. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Denmark (X tons) constituted the largest supplier of fresh pork other than cuts or carcases to Ukraine, with a 79% share of total imports. Moreover, imports of fresh or chilled pig meat other than cuts or carcases from Denmark exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), sixfold. Spain (X tons) ranked third in terms of total imports with a 5.7% share.

From 2012 to 2022, the average annual growth rate of volume from Denmark stood at +42.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+4.4% per year) and Spain (-11.0% per year).

In value terms, Denmark ($X) constituted the largest supplier of fresh or chilled pig meat other than cuts or carcases to Ukraine, comprising 74% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 15% share of total imports. It was followed by Spain, with an 8.7% share.

From 2012 to 2022, the average annual growth rate of value from Denmark amounted to +35.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+2.9% per year) and Spain (-17.5% per year).

Import Prices by Country

The average import price for fresh or chilled pig meat other than cuts or carcases stood at $X per ton in 2022, increasing by 5.9% against the previous year. Over the period under review, the import price, however, saw a noticeable curtailment. The pace of growth was the most pronounced in 2019 when the average import price increased by 12%. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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