United Kingdom: Preserved Belly Cut Market 2021

Preserved Belly Cut Market Size in the UK

The UK preserved belly cut market reached $X in 2020, approximately mirroring the previous year. In general, the total consumption indicated a temperate 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, consumption increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Preserved belly cut consumption peaked at $X in 2011; however, from 2012 to 2020, consumption remained at a lower figure.

Preserved Belly Cut Production in the UK

In value terms, preserved belly cut production stood at $X in 2020 estimated in export prices. Over the period under review, the total production indicated a modest increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Over the period under review, production reached the peak level at $X in 2011; however, from 2012 to 2020, production stood at a somewhat lower figure.

Preserved Belly Cut Exports

Exports from the UK

In 2020, overseas shipments of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. As a result, exports reached the peak of X tons. from 2009 to 2020, the growth exports remained at a lower figure.

In value terms, preserved belly cut exports contracted rapidly to $X in 2020. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, exports attained the peak of $X. from 2009 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

China (X tons), Ireland (X tons) and Germany (X tons) were the main destinations of preserved belly cut exports from the UK, together comprising X% of total exports. These countries were followed by France and Spain, which together accounted for a further X 2007 to 2020, the biggest increases were in France, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X), China ($X) and Spain ($X) were the largest markets for preserved belly cut exported from the UK worldwide, together comprising X% of total exports. These countries were followed by France and Germany, which together accounted for a further X recorded 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 belly cut export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price, however, saw a slight setback. Over the period under review, average export prices attained the maximum at $X per ton in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Spain ($X per ton), while the average price for exports to Germany ($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 China, while the prices for the other major destinations experienced more modest paces of growth.

Preserved Belly Cut Imports

Imports into the UK

In 2020, approx. X tons of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) were imported into the UK; declining by -X% against the year before. Overall, imports, however, posted prominent growth. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at X tons in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

In value terms, preserved belly cut imports reduced to $X in 2020. In general, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Imports peaked at $X in 2011; however, from 2012 to 2020, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Ireland (X tons) and Germany (X tons) were the main suppliers of preserved belly cut imports to the UK, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in the Netherlands, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X), the Netherlands ($X) and Spain ($X) were the largest preserved belly cut suppliers to the UK, with a combined X% share of total imports.

Among the main suppliers, the Netherlands saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average preserved belly cut import price stood at $X per ton in 2020, picking up by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ireland, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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