
U.S. Sausage, Canned Meat, And Meat By-Product Market. Analysis And Forecast to 2025
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Sausage Market in the USA - Key Insights
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IndexBox has just published a new report, the U.S. Sausage, Canned Meat, And Meat By-Product Market. Analysis And Forecast to 2025. Here is a summary of the report's key findings.
The revenue of the sausage market in the U.S. amounted to $X in 2018, dropping by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, sausage consumption continues to indicate an abrupt reduction. The pace of growth was the most pronounced in 2014, when the market value increased by -X% y-o-y. Over the period under review, the sausage market reached its peak figure level at $X in 2013; however, from 2014 to 2018, consumption stood at a somewhat lower figure.
Sausage Exports
Exports from the USA
In 2018, the amount of sausage, canned meat, and meat by-product exported from the U.S. stood at X tonnes, growing by X% against the previous year. Overall, the total exports indicated a prominent expansion from 2013 to 2018: its volume increased at an average annual rate of +X% over the last five year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the sausage exports increased by +X% against 2015 indices.
In value terms, sausage exports totaled $X (IndexBox estimates) in 2018.
Exports by Country
Indonesia (X tonnes), Singapore (X tonnes) and China (X tonnes) were the main destinations of sausage exports from the U.S., with a combined X% share of total exports.
From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Singapore (+X% per year), while the other leaders experienced more modest paces of growth.
In value terms, Singapore ($X), Indonesia ($X) and China ($X) appeared to be the largest markets for sausage exported from the U.S. worldwide, together comprising X% of total exports.
Export Prices by Country
The average sausage export price stood at $X per tonne in 2018, reducing by -X% against the previous year. In general, the sausage export price continues to indicate a moderate slump. The growth pace was the most rapid in 2017, an increase of X% year-to-year. Over the period under review, the average export prices for sausage, canned meat, and meat by-product reached their peak figure at $X per tonne in 2013; however, from 2014 to 2018, export prices remained at a lower figure.
There were significant differences in the average export prices for the major foreign markets. In 2018, the country with the highest export price was Honduras ($X per tonne), while the average price for exports to the Philippines ($X per tonne) was amongst the lowest.
From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to the UK (+X% per year), while the export prices for the other major destinations experienced more modest paces of growth.
Sausage Imports
Imports into the USA
Sausage imports into the U.S. stood at X tonnes in 2018, jumping by X% against the previous year.
In value terms, sausage imports stood at $X (IndexBox estimates) in 2018.
Imports by Country
In 2018, Australia (X tonnes) constituted the largest supplier of sausage to the U.S., accounting for a X% share of total imports. Moreover, sausage imports from Australia exceeded the figures recorded by the second largest supplier, New Zealand (X tonnes), twofold. China (X tonnes) ranked third in terms of total imports with a X% share.
From 2013 to 2018, the average annual growth rate of volume from Australia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (-X% per year) and China (+X% per year).
In value terms, China ($X), Australia ($X) and New Zealand ($X) appeared to be the largest sausage suppliers to the U.S., with a combined X% share of total imports. Brazil, France, Belgium, India, Canada, Denmark, Italy and Chile lagged somewhat behind, together accounting for a further X%.
Import Prices by Country
In 2018, the average sausage import price amounted to $X per kg, going up by X% against the previous year. Over the last five year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2018, an increase of X% year-to-year. In that year, the average import prices for sausage, canned meat, and meat by-product reached their peak level, and is likely to continue its growth in the immediate term.
There were significant differences in the average import prices amongst the major supplying countries. In 2018, the country with the highest import price was China ($X per kg), while the price for Canada ($X per tonne) was amongst the lowest.
From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Belgium (+X% per year), while the import prices for the other major suppliers experienced more modest paces of growth.
Companies Mentioned in the Report
Darling Ingredients, Griffin Industries, Baker Commodities, R U K Ltd, Neatsfoot Oil Refineries Corp, Geo. Pfau's Sons Company, Inland Products, Hrr Enterprises, Ace Grease Service, Texas By-Products Partnership, Park West Enterprises, Tallowmasters, Kruger Commodities, Mendota Agri-Products, Riegel By-Products Co, Valley By Products, Marine Polymer Technologies, Kane-Miller Corp, Sanimax Ato, Hahn & Phillips Grease Company, Nupro Industries Corporation, W B Riggins Tallow Co, H.T.C. Industries, North State Rendering, Co., Nevada Byproducts, Istamer, Simmons Feed Ingredients
Source: IndexBox AI Platform
This report provides an in-depth analysis of the sausage market in the U.S.. 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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