Global Fresh Pork Carcase Market 2024

Fresh Pork Carcase Market Size

The global fresh pork carcase market totaled $X in 2022, approximately mirroring the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the global market remained at a somewhat lower figure.

Fresh Pork Carcase Production

In value terms, fresh pork carcase production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 24% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, global production growth remained at a lower figure.

The country with the largest volume of fresh pork carcase production was China (X tons), accounting for 22% of total volume. Moreover, fresh pork carcase production in China exceeded the figures recorded by the second-largest producer, India (X tons), threefold. Russia (X tons) ranked third in terms of total production with a 7% share.

In China, fresh pork carcase production remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (+2.7% per year) and Russia (+7.2% per year).

Fresh Pork Carcase Exports

Exports

In 2022, global exports of fresh or chilled carcases of pig meat contracted slightly to X tons, falling by -4.1% on the previous year. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by 4.6% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the global exports remained at a somewhat lower figure.

In value terms, fresh pork carcase exports reached $X in 2022. In general, exports recorded a pronounced setback. The pace of growth was the most pronounced in 2017 with an increase of 12% against the previous year. Over the period under review, the global exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Belgium (X tons) was the key exporter of fresh or chilled carcases of pig meat, achieving 36% of total exports. It was distantly followed by Germany (X tons), France (X tons), the Netherlands (X tons), Denmark (X tons) and the UK (X tons), together creating a 42% share of total exports. The following exporters - Poland (X tons), Russia (X tons), Hungary (X tons) and Spain (X tons) - together made up 12% of total exports.

Belgium experienced a relatively flat trend pattern with regard to volume of exports of fresh or chilled carcases of pig meat. At the same time, Russia (+9.4%), Hungary (+9.4%), the UK (+5.0%) and Denmark (+1.1%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the world, with a CAGR of +9.4% from 2012-2022. France experienced a relatively flat trend pattern. By contrast, Germany (-2.7%), Spain (-4.1%), the Netherlands (-5.1%) and Poland (-6.2%) illustrated a downward trend over the same period. Belgium (+5.3 p.p.), Russia (+3.4 p.p.), the UK (+2.2 p.p.) and Hungary (+2.1 p.p.) significantly strengthened its position in terms of the global exports, while Poland, Germany and the Netherlands saw its share reduced by -2.7%, -2.9% and -4.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) remains the largest fresh pork carcase supplier worldwide, comprising 36% of global exports. The second position in the ranking was taken by Germany ($X), with a 16% share of global exports. It was followed by the Netherlands, with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Belgium was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-3.6% per year) and the Netherlands (-4.9% per year).

Export Prices by Country

In 2022, the average fresh pork carcase export price amounted to $X per ton, rising by 9.9% against the previous year. Over the period under review, the export price, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 14% against the previous year. The global export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.4%), while the other global leaders experienced mixed trends in the export price figures.

Fresh Pork Carcase Imports

Imports

In 2022, approx. X tons of fresh or chilled carcases of pig meat were imported worldwide; with a decrease of -7.7% on 2021. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 3.9%. Global imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, fresh pork carcase imports totaled $X in 2022. Overall, imports saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 13%. Global imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) was the major importer of fresh or chilled carcases of pig meat, mixing up 31% of total imports. Poland (X tons) took a 16% share (based on physical terms) of total imports, which put it in second place, followed by Italy (11%), the Netherlands (5.9%), Greece (5.2%) and Romania (5%). Slovakia (X tons), the Czech Republic (X tons), Austria (X tons), Lithuania (X tons) and Spain (X tons) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to fresh pork carcase imports into Germany stood at -1.6%. At the same time, the Netherlands (+13.6%), Slovakia (+9.7%), Romania (+9.2%), Spain (+5.3%) and Poland (+1.3%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the world, with a CAGR of +13.6% from 2012-2022. The Czech Republic experienced a relatively flat trend pattern. By contrast, Italy (-1.0%), Lithuania (-2.5%), Greece (-4.0%) and Austria (-4.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands, Romania, Poland and Slovakia increased by +4.4, +3, +2.6 and +2.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest fresh pork carcase importing markets worldwide were Germany ($X), Poland ($X) and Italy ($X), with a combined 56% share of global imports. Greece, Romania, the Netherlands, the Czech Republic, Slovakia, Austria, Lithuania and Spain lagged somewhat behind, together comprising a further 30%.

The Netherlands, with a CAGR of +9.7%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average fresh pork carcase import price amounted to $X per ton, increasing by 10% against the previous year. Overall, the import price, however, saw a mild descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 12% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Greece ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+0.1%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :