Canada - Fresh Or Chilled Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fresh Pork Other than Cuts or Carcases in Canada - 2023
Contents:
- Price for Fresh Pork Other than Cuts or Carcases in Canada (FOB) - 2023
- Price for Fresh Pork Other than Cuts or Carcases in Canada (CIF) - 2023
- Exports of Fresh Pork Other than Cuts or Carcases in Canada
- Imports of Fresh Pork Other than Cuts or Carcases in Canada
Price for Fresh Pork Other than Cuts or Carcases in Canada (FOB) - 2023
The average export price for fresh or chilled pig meat other than cuts or carcases stood at $3,361 per ton in September 2023, shrinking by -7% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in July 2023 an increase of 13% against the previous month. Over the period under review, the average export prices attained the peak figure at $3,612 per ton in August 2023, and then reduced in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($4,283 per ton), while the average price for exports to Mexico ($2,189 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+0.3%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fresh Pork Other than Cuts or Carcases in Canada (CIF) - 2023
In September 2023, the average import price for fresh or chilled pig meat other than cuts or carcases amounted to $3,834 per ton, which is down by -6.9% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 8.7% m-o-m. Over the period under review, average import prices reached the maximum at $4,188 per ton in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From October 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to -0.4% per month.
Exports of Fresh Pork Other than Cuts or Carcases in Canada
In 2022, the amount of fresh or chilled pig meat other than cuts or carcases exported from Canada expanded remarkably to 437K tons, picking up by 7.8% on the previous year. The total export volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, exports of fresh or chilled pig meat other than cuts or carcases totaled $1.6B in 2022. The total export value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 16%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.
| Export of Fresh Pork Other than Cuts or Carcases in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 442 | 432 | 618 | 768 | 20.2% |
| Japan | 752 | 796 | 780 | 601 | -7.2% |
| Mexico | 62.5 | 36.9 | 78.9 | 102 | 17.7% |
| South Korea | 39.5 | 45.8 | 51.1 | 65.8 | 18.5% |
| Others | 20.6 | 29.4 | 24.8 | 18.9 | -2.8% |
| Total | 1,316 | 1,340 | 1,552 | 1,555 | 5.7% |
Top Export Markets for Fresh Pork Other than Cuts or Carcases from Canada in 2022:
- United States (215.6K tons)
- Japan (145.4K tons)
- Mexico (54.8K tons)
- South Korea (13.5K tons)
Imports of Fresh Pork Other than Cuts or Carcases in Canada
In 2022, overseas purchases of fresh or chilled pig meat other than cuts or carcases decreased by -16.6% to 80K tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 15%. As a result, imports reached the peak of 112K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of fresh or chilled pig meat other than cuts or carcases shrank rapidly to $336M in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 21% against the previous year.
| Import of Fresh Pork Other than Cuts or Carcases in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 327 | 395 | 415 | 335 | 0.8% |
| Others | 0.2 | 1.9 | 2.1 | 0.9 | 65.1% |
| Total | 327 | 397 | 417 | 336 | 0.9% |
Top Suppliers of Fresh Pork Other than Cuts or Carcases to Canada in 2022:
- United States (80.0K tons)
This report provides an in-depth analysis of the market for fresh pork other than cuts or carcases in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10111290 - Fresh or chilled pig meat (including fresh meat packed with salt as a temporary preservative, excluding carcases and halfcarcases, h ams, shoulders and cuts thereof with bone in)
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for fresh pork other than cuts or carcases in Canada.
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The growth pace was the most rapid in May 2023 when Pork exports increased by 15% month-to-month. In value terms, Pork exports fell to $211M in October 2023.
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Pork exports recorded a slight increase, reaching a value of $246M in June 2023.
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In December of 2022, the price of frozen pork cuts was $1,921 per ton (FOB, Canada). This represents a decrease of 1.5% from the previous month.
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Explore the top import markets for pork based on their import value in 2022. Japan, China, Mexico, Italy, South Korea, United States, Poland, Germany, United Kingdom, and Romania lead the way. Get key statistics and insights from the IndexBox market intelligence platform.
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Global pork consumption amounted to X thousand tons in 2015, going up by +X% against the previous year level.
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Global pork exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
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Global pork imports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
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Germany continued its dominance in the global pork trade. In 2014, Germany exported X thousand tons of pork totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total pork exp
