U.S.: Sausage Market 2024

Sausage Market Size in the U.S.

The U.S. sausage market soared to $X in 2022, increasing by X% against the previous year. In general, consumption, however, showed a perceptible setback. Sausage consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Sausage Production in the U.S.

In value terms, sausage production rose slightly to $X in 2022. Overall, production, however, showed a pronounced reduction. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Sausage Exports

Exports from the U.S.

In 2022, shipments abroad of sausage, canned meat, and meat by-product decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, total exports indicated a perceptible increase from 2013 to 2022: its volume increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when exports increased by X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, sausage exports contracted to $X in 2022. Over the period under review, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Indonesia (X tons), Mexico (X tons) and Singapore (X tons) were the main destinations of sausage exports from the United States, with a combined X% share of total exports.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Canada ($X) and Mexico ($X) were the largest markets for sausage exported from the United States worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, Singapore, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average sausage export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sausage Imports

Imports into the U.S.

Sausage imports into the United States surged to X tons in 2022, picking up by X% against the previous year. Overall, imports posted a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sausage imports soared to $X in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Canada (X tons), Australia (X tons) and New Zealand (X tons) were the main suppliers of sausage imports to the United States, together accounting for X% of total imports. Brazil, Uruguay, Denmark, France and China lagged somewhat behind, together accounting for a further X%.

From 2013 to 2022, the biggest increases were recorded for Uruguay (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Australia ($X) and New Zealand ($X) constituted the largest sausage suppliers to the United States, together comprising X% of total imports. Brazil, China, Uruguay, France and Denmark lagged somewhat behind, together accounting for a further X%.

Uruguay, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average sausage import price amounted to $X per ton, growing by X% against the previous year. Over the last nine years, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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