United Kingdom: Bacon And Ham Market 2025

Bacon And Ham Market Size in the UK

In 2022, the UK bacon and ham market increased by 2.7% to $X, rising for the second year in a row after six years of decline. Over the period under review, consumption, however, saw a slight curtailment. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Bacon And Ham Production in the UK

In value terms, bacon and ham production declined modestly to $X in 2022 estimated in export price. In general, production, however, showed a slight contraction. The pace of growth appeared the most rapid in 2014 with an increase of 24%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Bacon And Ham Exports

Exports from the UK

After three years of decline, overseas shipments of bacon, ham and other dried, salted or smoked pig meat increased by 62% to X tons in 2022. In general, total exports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, bacon and ham exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Ireland (X tons) was the main destination for bacon and ham exports from the UK, accounting for a 30% share of total exports. Moreover, bacon and ham exports to Ireland exceeded the volume sent to the second major destination, France (X tons), twofold. The Netherlands (X tons) ranked third in terms of total exports with a 1.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ireland amounted to -4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+31.7% per year) and the Netherlands (-16.0% per year).

In value terms, Ireland ($X) remains the key foreign market for bacon, ham and other dried, salted or smoked pig meat exports from the UK, comprising 36% of total exports. The second position in the ranking was taken by France ($X), with a 9.5% share of total exports. It was followed by Spain, with a 1.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Ireland stood at -4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+17.1% per year) and Spain (-12.0% per year).

Export Prices by Country

In 2022, the average bacon and ham export price amounted to $X per ton, waning by -18% against the previous year. In general, the export price continues to indicate a slight decrease. The pace of growth was the most pronounced in 2013 when the average export price increased by 19%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Poland ($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 Germany (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Bacon And Ham Imports

Imports into the UK

In 2022, purchases abroad of bacon, ham and other dried, salted or smoked pig meat increased by 13% to X tons, rising for the second consecutive year after six years of decline. In general, imports, however, continue to indicate a noticeable descent. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, bacon and ham imports expanded rapidly to $X in 2022. Over the period under review, imports, however, continue to indicate a pronounced shrinkage. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Denmark (X tons) and Ireland (X tons) were the main suppliers of bacon and ham imports to the UK, together comprising 89% of total imports. Italy and Germany lagged somewhat behind, together comprising a further 8.7%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +9.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bacon and ham suppliers to the UK were the Netherlands ($X), Denmark ($X) and Italy ($X), together accounting for 84% of total imports.

Among the main suppliers, Italy, with a CAGR of +7.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average bacon and ham import price stood at $X per ton in 2022, reducing by -2.8% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 11% against the previous year. The import price peaked 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 Italy ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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