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Italy - Bacon, Ham and Other Dried, Salted or Smoked Pig Meat - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: May 30, 2023

Italy's Bacon and Ham Price Grows to $12.3 per kg

Italy Bacon And Ham Export Price in February 2023

In February 2023, the bacon and ham price stood at $12,343 per ton (FOB, Italy), growing by 7.6% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $13,127 per ton in June 2022; however, from July 2022 to February 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($20,258 per ton), while the average price for exports to Luxembourg ($1,244 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRY	Export Price of Bacon And Ham in Italy (USD per ton)
COUNTRY	Feb 2022	Mar 2022	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023
Switzerland	18,751	19,195	19,096	18,391	19,802	19,437	20,242	17,056	17,897	19,067	17,835	21,144	20,258
Australia	16,743	17,804	15,210	17,623	16,506	16,110	16,258	16,743	16,279	16,258	16,078	16,705	16,900
Sweden	16,548	16,227	15,979	16,225	15,702	16,526	16,197	14,792	15,229	15,588	17,286	17,352	16,598
United States	14,495	14,327	13,714	13,593	14,063	13,767	14,578	13,610	14,153	14,909	14,610	14,895	14,553
Germany	13,744	14,017	13,956	13,357	13,710	13,276	13,486	12,670	12,961	13,580	14,331	11,944	13,891
Belgium	15,216	15,015	14,870	15,002	16,177	15,291	15,750	13,816	14,313	16,261	17,106	15,837	13,742
United Kingdom	13,747	12,832	13,455	13,837	13,575	13,841	13,459	12,420	12,177	13,479	13,617	13,648	13,575
Poland	12,531	13,834	14,055	10,396	12,138	11,377	11,412	10,752	13,331	12,608	12,851	9,665	12,472
Netherlands	14,789	16,019	15,382	15,943	15,941	15,457	14,440	14,528	15,133	16,702	17,410	16,586	11,900
France	11,853	11,658	11,749	11,846	12,095	11,504	11,674	9,745	11,536	12,280	13,003	9,839	11,723
Austria	12,292	11,538	11,279	11,160	11,000	11,436	11,159	10,511	10,453	7,174	6,678	10,722	11,714
Spain	6,883	5,486	5,447	6,103	6,378	6,499	5,728	6,789	6,044	6,710	5,275	6,033	6,634
Luxembourg	14,430	13,199	14,539	13,676	14,794	13,849	15,156	12,993	15,440	13,633	15,576	14,961	1,244
Average	12,943	12,937	12,801	12,741	13,127	12,766	12,906	11,619	12,230	12,750	13,093	11,471	12,343

Italy Bacon And Ham Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was pig meat other than hams or bellies (salted, in brine, dried or smoked) ($14,083 per ton), while the average price for exports of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) ($3,440 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for the following types: salted, dried, or smoked pig meat other than hams or bellies (+0.5%), while the prices for the other products experienced a decline.

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Italy Bacon And Ham Exports

In February 2023, the amount of bacon, ham and other dried, salted or smoked pig meat exported from Italy reduced to 6.3K tons, with a decrease of -7.1% compared with the previous month. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in March 2022 with an increase of 20% against the previous month.

In value terms, bacon and ham exports contracted modestly to $78M (IndexBox estimates) in February 2023. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in March 2022 when exports increased by 20% against the previous month.

Italy Bacon And Ham Exports by Type

Pig meat other than hams or bellies (salted, in brine, dried or smoked) (4.9K tons) was the largest type of bacon and ham exported from Italy, with a 77% share of total exports. Moreover, pig meat other than hams or bellies (salted, in brine, dried or smoked) exceeded the volume of the second product type, hams, shoulders and cuts of swine (salted, in brine, dried or smoked) (780 tons), sixfold.

From February 2022 to February 2023, the average monthly rate of growth in terms of the volume of export of pig meat other than hams or bellies (salted, in brine, dried or smoked) was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: hams, shoulders and cuts of swine (salted, in brine, dried or smoked) (+7.7% per month) and swine bellies (salted, in brine, dried or smoked) (+0.5% per month).

In value terms, pig meat other than hams or bellies (salted, in brine, dried or smoked) ($69M) remains the largest type of bacon and ham exported from Italy, comprising 88% of total exports. The second position in the ranking was taken by swine bellies (salted, in brine, dried or smoked) ($6.4M), with an 8.2% share of total exports.

From February 2022 to February 2023, the average monthly rate of growth in terms of the export volume of pig meat other than hams or bellies (salted, in brine, dried or smoked) was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: swine bellies (salted, in brine, dried or smoked) (-0.3% per month) and hams, shoulders and cuts of swine (salted, in brine, dried or smoked) (-2.3% per month).

Italy Bacon And Ham Exports by Country

France (1.5K tons), the United States (929 tons) and Germany (808 tons) were the main destinations of bacon and ham exports from Italy, with a combined 51% share of total exports. These countries were followed by the UK, Luxembourg, Belgium, Austria, the Netherlands, Spain, Sweden, Australia, Switzerland and Poland, which together accounted for a further 34%.

From February 2022 to February 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Luxembourg (with a CAGR of +23.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bacon and ham exported from Italy were France ($18M), the United States ($14M) and Germany ($11M), together accounting for 54% of total exports. These countries were followed by the UK, Belgium, Austria, Switzerland, the Netherlands, Sweden, Australia, Poland, Spain and Luxembourg, which together accounted for a further 32%.

Australia, with a CAGR of +4.3%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bacon and ham market in Italy. 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 10131120 - Hams, shoulders and cuts thereof with bone in, of swine, s alted, in brine, dried or smoked
Prodcom 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked
Prodcom 10131180 - Pig meat salted, in brine, dried or smoked (including bacon, 3/4 sides/middles, fore-ends, loins and cuts thereof, excluding hams, shoulders and cuts thereof with bone in, bellies and cuts thereof)

Country coverage:

Italy

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Italy
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

Italy - Bacon, Ham and Other Dried, Salted or Smoked Pig Meat - Market Analysis, Forecast, Size, Trends And Insights

Italy's Bacon and Ham Price Grows to $12.3 per kg

Italy Bacon And Ham Export Price in February 2023

Italy Bacon And Ham Export Prices by Type

Join Us at HANNOVER MESSE 2024

Italy Bacon And Ham Exports

Italy Bacon And Ham Exports by Type

Italy Bacon And Ham Exports by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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