Pork Market - Germany Remains the Global Leader in Pork Exports despite 5% Drop

Germany continued its dominance in the global pork trade. In 2014, Germany exported 1,753 thousand tonnes of pork totaling 5,038 million USD, 5% under the previous year. Its primary trading partner on the global pork market was Italy, where it supplied 20% of its total pork exports in value terms, accounting for 39% of Italy's total imports.

Overall, the global pork trade reached 31,268 million USD, with a CAGR of 6% from 2007 to 2014. In physical terms, it showed steady growth, rising from 8,246 thousand tonnes in 2007 to 10,453 thousand tonnes in 2014.

In 2014, Japan (15%), Italy (9%), Germany (8%), Poland (6%) and Mexico (5%) were the leading destinations of pork imports, together making up 43% of global imports. The share of Poland increased (+3 percentage points), while the share of Japan illustrated negative dynamics (-2 percentage points).

The U.S. and Spain were among the other main global suppliers of pork in 2014 with a combined share of 26% of global exports. However, the fastest growing exporters from 2007 to 2014 were Poland (+11% per year) and the U.S. (+10% per year). The U.S. strengthened its position in the global export structure, from 12% in 2007 to 16% in 2014.

Do you want to know more about the global pork market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• pork market share
• pork prices
• pork industry
• pork sales
• pork market forecast
• pork price forecast
• key pork producers

Source: World: Pork (Meat Of Swine) - Market Report. Analysis And Forecast To 2020