Ukraine: Market for Frozen Pig Meat Other Than Cuts Or Carcases 2024

Market Size for Frozen Pig Meat Other Than Cuts Or Carcases in Ukraine

The Ukrainian market for frozen pig meat other than cuts or carcases surged to $X in 2022, with an increase of 131% against the previous year. Over the period under review, consumption, however, recorded a abrupt decline. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Frozen Pig Meat Other Than Cuts Or Carcases in Ukraine

In value terms, production of frozen pig meat other than cuts or carcases rose to $X in 2022 estimated in export price. Overall, production enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by 158% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production of growth failed to regain momentum.

Exports of Frozen Pig Meat Other Than Cuts Or Carcases

Exports from Ukraine

After three years of growth, shipments abroad of frozen pig meat other than cuts or carcases decreased by -91.9% to X tons in 2022. Over the period under review, exports recorded a dramatic contraction. The pace of growth was the most pronounced in 2017 when exports increased by 225% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of frozen pig meat other than cuts or carcases shrank remarkably to $X in 2022. In general, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 268% against the previous year. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for exports of frozen pig meat other than cuts or carcases from Ukraine, with a 43% share of total exports. Moreover, exports of frozen pig meat other than cuts or carcases to the United Arab Emirates exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), twofold. The third position in this ranking was held by Liberia (X tons), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates amounted to +14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+75.9% per year) and Liberia (+78.4% per year).

In value terms, the largest markets for frozen pig meat other than cuts or carcases exported from Ukraine were the United Arab Emirates ($X), Hong Kong SAR ($X) and Angola ($X), together comprising 81% of total exports.

Hong Kong SAR, with a CAGR of +52.5%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for frozen pig meat other than cuts or carcases amounted to $X per ton, declining by -11.8% against the previous year. In general, the export price saw a deep contraction. The pace of growth was the most pronounced in 2017 an increase of 13% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Pig Meat Other Than Cuts Or Carcases

Imports into Ukraine

In 2022, supplies from abroad of frozen pig meat other than cuts or carcases increased by 146% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, showed a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of 235%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of frozen pig meat other than cuts or carcases soared to $X in 2022. In general, imports, however, faced a abrupt descent. The pace of growth was the most pronounced in 2018 with an increase of 267% against the previous year. Over the period under review, imports of attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Poland (X tons), the Netherlands (X tons) and Denmark (X tons) were the main suppliers of imports of frozen pig meat other than cuts or carcases to Ukraine, together accounting for 76% of total imports. Belgium, Spain, France, Sweden and Canada lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +80.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Netherlands ($X) and Denmark ($X) appeared to be the largest frozen pig meat other than cuts or carcases suppliers to Ukraine, with a combined 76% share of total imports. Belgium, Spain, France, Sweden and Canada lagged somewhat behind, together comprising a further 23%.

Among the main suppliers, Sweden, with a CAGR of +105.4%, recorded 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 2022, the average import price for frozen pig meat other than cuts or carcases amounted to $X per ton, jumping by 15% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 26%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Canada ($X per ton) and Poland ($X per ton), while the price for France ($X per ton) and Denmark ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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