Canada - Fresh Or Chilled Carcases Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Pork Carcase Price in Canada - 2023
Contents:
- Fresh Pork Carcase Price in Canada (FOB) - 2023
- Fresh Pork Carcase Price in Canada (CIF) - 2022
- Fresh Pork Carcase Exports in Canada
- Fresh Pork Carcase Imports in Canada
Fresh Pork Carcase Price in Canada (FOB) - 2023
The average fresh pork carcase export price stood at $1,551 per ton in September 2023, therefore, remained relatively stable against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 1.8% against the previous month. The export price peaked at $1,589 per ton in July 2023; afterwards, it flattened through to September 2023.
As there is only one major export destination, the average price level is determined by prices for Japan.
From September 2022 to September 2023, the rate of growth in terms of prices for Japan amounted to -0.1% per month.
Fresh Pork Carcase Price in Canada (CIF) - 2022
In 2022, the average fresh pork carcase import price amounted to $1,422 per ton, with a decrease of -71.7% against the previous year. Over the period under review, the import price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 53%. The import price peaked at $5,028 per ton in 2021, and then fell remarkably in the following year.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +12.1% per year.
Fresh Pork Carcase Exports in Canada
In 2022, approx. 1.5K tons of fresh or chilled carcases of pig meat were exported from Canada; surging by 169% compared with the previous year's figure. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 697%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, fresh pork carcase exports soared to $2.5M in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 417% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Fresh Pork Carcase in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1.8 | 8.4 | 1.4 | 2,274 | 981.0% |
| Mexico | 22.0 | 51.0 | 599 | 164 | 95.3% |
| South Korea | 48.7 | 59.0 | 172 | N/A | 87.9% |
| United States | 18.6 | 34.0 | 90.6 | N/A | 120.7% |
| Panama | 10.2 | 7.8 | 54.3 | N/A | 130.7% |
| Others | 33.4 | 37.0 | 103 | 19.9 | -15.9% |
| Total | 135 | 197 | 1,020 | 2,458 | 163.1% |
Top Export Markets for Fresh Pork Carcase from Canada in 2022:
- Japan (1409.1 tons)
- Mexico (98.3 tons)
Fresh Pork Carcase Imports in Canada
For the third year in a row, Canada recorded decline in overseas purchases of fresh or chilled carcases of pig meat, which decreased by -84.4% to 412 kg in 2022. Overall, imports faced a dramatic decline. The smallest decline of -43.7% was in 2020.
In value terms, fresh pork carcase imports contracted dramatically to $586 in 2022. Over the period under review, imports continue to indicate a significant curtailment. The smallest decline of -41.8% was in 2020.
| Import of Fresh Pork Carcase in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | N/A | 0.6 | 0% |
| United Kingdom | 37.2 | N/A | N/A | N/A | 0% |
| Italy | 3.2 | 1.5 | 13.2 | N/A | 103.1% |
| United States | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Others | 40.6 | 45.6 | N/A | N/A | 12.3% |
| Total | 81.1 | 47.2 | 13.3 | 0.6 | -80.5% |
Top Suppliers of Fresh Pork Carcase to Canada in 2022:
- Spain (412.0 kg)
This report provides an in-depth analysis of the fresh pork carcase market in Canada. 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 10111230 - Fresh or chilled carcases and half-carcases, of pig meat (including fresh meat packed with salt as a temporary preservative)
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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