EU: Preserved Swine Meat Market 2024

Preserved Swine Meat Market Size in the EU

In 2023, the EU preserved swine meat market increased by X% to $X, rising for the fourth year in a row after two years of decline. In general, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the market value increased by X%. Over the period under review, the market hit record highs in 2023 and is expected to retain growth in the near future.

Preserved Swine Meat Production in the EU

In value terms, preserved swine meat production shrank to $X in 2023 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2022, and then declined in the following year.

Preserved Swine Meat Exports

Exports in the EU

In 2023, approx. X tons of prepared or preserved hams and cuts of swine meat were exported in the European Union; with a decrease of X% on 2022 figures. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2022, and then declined modestly in the following year.

In value terms, preserved swine meat exports totaled $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports hit record highs in 2023 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X tons) and Poland (X tons) represented the key exporters of prepared or preserved hams and cuts of swine meat in 2023, accounting for near X% and X% of total exports, respectively. Italy (X tons) ranks next in terms of the total exports with a X% share, followed by Belgium (X%), the Czech Republic (X%) and Austria (X%). France (X tons), the Netherlands (X tons), Spain (X tons), Ireland (X tons) and Denmark (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Poland ($X) constituted the countries with the highest levels of exports in 2023, together accounting for X% of total exports. Belgium, Austria, the Netherlands, France, the Czech Republic, Ireland, Spain and Denmark lagged somewhat behind, together accounting for a further X%.

The Czech Republic, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per ton, with an increase of X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. As a result, the 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 2023, amid the top suppliers, the country with the highest price was Italy ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the other leaders experienced more modest paces of growth.

Preserved Swine Meat Imports

Imports in the EU

In 2023, purchases abroad of prepared or preserved hams and cuts of swine meat increased by X% to X tons, rising for the third year in a row after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when imports increased by X%. The volume of import peaked in 2023 and is likely to continue growth in the immediate term.

In value terms, preserved swine meat imports skyrocketed to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of preserved swine meat imports in 2023 were France (X tons), Germany (X tons), Belgium (X tons), Denmark (X tons), Italy (X tons), Poland (X tons), the Netherlands (X tons), Hungary (X tons), Spain (X tons), Slovakia (X tons), Romania (X tons) and the Czech Republic (X tons), together accounting for X% of total import.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Belgium ($X) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Denmark, Italy, the Netherlands, Poland, Hungary, Spain, Romania, Slovakia and the Czech Republic lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Romania, with a CAGR of X%, saw the highest growth rate of 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

In 2023, the import price in the European Union amounted to $X per ton, with an increase of X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform