United Kingdom - Fresh Or Chilled Carcases Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

United Kingdom - Fresh Or Chilled Carcases Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights

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Fresh Pork Carcase Price in the UK - 2023

Contents:

  1. Fresh Pork Carcase Price in the UK (FOB) - 2023
  2. Fresh Pork Carcase Price in the UK (CIF) - 2023
  3. Fresh Pork Carcase Exports in the UK
  4. Fresh Pork Carcase Imports in the UK

Fresh Pork Carcase Price in the UK (FOB) - 2023

In August 2023, the average fresh pork carcase export price amounted to $2,295 per ton, dropping by -4.8% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.8%. The pace of growth was the most pronounced in March 2023 an increase of 8.6% against the previous month. The export price peaked at $2,410 per ton in July 2023, and then contracted in the following month.

Average prices varied somewhat for the major foreign markets. In August 2023, the countries with the highest prices were Canada ($2,939 per ton) and Japan ($2,839 per ton), while the average price for exports to France ($2,209 per ton) and Germany ($2,267 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Fresh Pork Carcase Price in the UK (CIF) - 2023

The average fresh pork carcase import price stood at $3,038 per ton in August 2023, falling by -7.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in February 2023 when the average import price increased by 13% against the previous month. The import price peaked at $3,283 per ton in July 2023, and then contracted in the following month.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the highest price was recorded for prices from Germany ($3,203 per ton) and Belgium ($3,087 per ton), while the price for Ireland ($2,577 per ton) and France ($3,002 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Fresh Pork Carcase Exports in the UK

In 2022, approx. 53K tons of fresh or chilled carcases of pig meat were exported from the UK; growing by 50% on the previous year's figure. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, fresh pork carcase exports soared to $84M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fresh Pork Carcase in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.20.23.828.9424.8%
Germany46.038.621.424.3-19.2%
France0.10.216.416.1444.0%
PhilippinesN/AN/A0.44.2950.0%
South AfricaN/AN/A0.81.8125.0%
Belgium4.23.71.71.5-29.1%
Others5.94.25.66.95.4%
Total56.447.050.083.714.1%

Top Export Markets for Fresh Pork Carcase from the UK in 2022:

  1. Germany (18.2K tons)
  2. China (14.8K tons)
  3. France (12.3K tons)
  4. Philippines (2.0K tons)
  5. Belgium (1.2K tons)
  6. South Africa (1.0K tons)

Fresh Pork Carcase Imports in the UK

In 2022, approx. 6.6K tons of fresh or chilled carcases of pig meat were imported into the UK; dropping by -21.6% compared with 2021. Overall, imports faced a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 1.6% against the previous year.

In value terms, fresh pork carcase imports reduced to $16M in 2022. In general, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 4.8% against the previous year.

Import of Fresh Pork Carcase in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium20.315.514.39.2-23.2%
Ireland0.60.51.24.798.6%
France0.20.1N/A1.386.6%
Spain1.20.30.90.5-25.3%
Germany0.30.71.20.30.0%
Netherlands2.1N/AN/AN/A0%
Others0.50.60.80.4-7.2%
Total25.217.718.516.5-13.2%

Top Suppliers of Fresh Pork Carcase to the UK in 2022:

  1. Belgium (3555.2 tons)
  2. Ireland (2363.3 tons)
  3. Spain (266.1 tons)
  4. Germany (152.5 tons)
  5. France (135.0 tons)
  6. Netherlands (5.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fresh pork carcase market in the UK. 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:

  • United Kingdom

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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