Global Preserved Swine Belly Market 2021

Preserved Swine Belly Market Size

For the tenth year in a row, the global preserved swine belly market recorded growth in sales value, which increased by X% to $X in 2020. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the global market hit record highs in 2020 and is expected to retain growth in years to come.

Preserved Swine Belly Production

In value terms, preserved swine belly production amounted to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 when the production volume increased by X% year-to-year. Over the period under review, global production reached the maximum level in 2020 and is likely to see gradual growth in the immediate term.

Production By Country

The countries with the highest volumes of preserved swine belly production in 2020 were China (X tons), the U.S. (X tons) and India (X tons), together comprising X% of global production. These countries were followed by France, Japan, Pakistan, Russia, Nigeria, Brazil, Indonesia, Bangladesh, Poland and Mexico, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of preserved swine belly production, amongst the key producing countries, was attained by Nigeria, while preserved swine belly production for the other global leaders experienced more modest paces of growth.

Preserved Swine Belly Exports

Exports

In 2020, the amount of bellies and cuts of swine (salted, in brine, dried or smoked) exported worldwide fell to X tons, with a decrease of -X% on 2019. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when exports increased by X% year-to-year. Over the period under review, global exports hit record highs at X tons in 2019, and then dropped in the following year.

In value terms, preserved swine belly exports totaled $X in 2020. In general, total exports indicated perceptible growth 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, exports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. Global exports peaked in 2020 and are likely to see steady growth in years to come.

Exports by Country

The U.S. (X tons), Canada (X tons), the Netherlands (X tons) and Germany (X tons) represented roughly X% of total exports of bellies and cuts of swine (salted, in brine, dried or smoked) in 2020. Italy (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Belgium (X%). France (X tons) occupied a little share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Italy, while exports for the other global leaders experienced more modest paces of growth.

In value terms, the largest preserved swine belly supplying countries worldwide were the U.S. ($X), Canada ($X) and the Netherlands ($X), with a combined X% share of global exports. Italy, Germany, Belgium and France lagged somewhat behind, together comprising a further X saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average preserved swine belly export price amounted to $X per ton, increasing by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Italy ($X per ton), while the U.S. ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Preserved Swine Belly Imports

Imports

In 2020, global imports of bellies and cuts of swine (salted, in brine, dried or smoked) reduced to X tons, shrinking by -X% against the year before. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. As a result, imports reached the peak of X tons. from 2018 to 2020, the growth of global imports remained at a somewhat lower figure.

In value terms, preserved swine belly imports reduced slightly to $X in 2020. Over the period under review, total imports indicated pronounced growth 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, imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Over the period under review, global imports attained the peak figure at $X in 2019, and then shrank modestly in the following year.

Imports by Country

The U.S. (X tons) and the UK (X tons) represented roughly X% of total imports of bellies and cuts of swine (salted, in brine, dried or smoked) in 2020. Denmark (X tons) held an X% share (based on tons) of total imports, which put it in second place, followed by Mexico (X%), France (X%), Canada (X%), Belgium (X%) and Italy (X%). The Netherlands (X tons), Germany (X tons), Portugal (X tons), Sweden (X tons) and South Korea (X tons) followed a long way behind the leaders.

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

In value terms, the U.S. ($X), the UK ($X) and France ($X) were the countries with the highest levels of imports in 2020, with a combined X% share of global imports. These countries were followed by Denmark, Belgium, Canada, Mexico, Italy, Germany, the Netherlands, South Korea, Sweden and Portugal, which together accounted for a further X the main importing countries, Denmark saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average preserved swine belly import price amounted to $X per ton, surging by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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