United Kingdom - Fresh Or Chilled Hams, Shoulders And Cuts Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Pork Cut Price in the UK - 2023
Contents:
- Fresh Pork Cut Price in the UK (CIF) - 2023
- Fresh Pork Cut Price in the UK (FOB) - 2023
- Fresh Pork Cut Imports in the UK
- Fresh Pork Cut Exports in the UK
Fresh Pork Cut Price in the UK (CIF) - 2023
In June 2023, the average fresh pork cut import price amounted to $3,056 per ton, therefore, remained relatively stable against the previous month. Over the period under review, import price indicated a temperate expansion from June 2022 to June 2023: its price increased at an average monthly rate of +3.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, fresh pork cut import price increased by +63.2% against August 2022 indices. The pace of growth appeared the most rapid in April 2023 an increase of 21% m-o-m. Over the period under review, average import prices reached the peak figure in June 2023.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Spain ($4,094 per ton) and Belgium ($3,830 per ton), while the price for Denmark ($2,934 per ton) and Germany ($2,964 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Denmark (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Fresh Pork Cut Price in the UK (FOB) - 2023
In June 2023, the average fresh pork cut export price amounted to $3,974 per ton, falling by -6.6% against the previous month. Overall, the export price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in May 2023 an increase of 25% month-to-month. As a result, the export price reached the peak level of $4,257 per ton, and then contracted in the following month.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Ireland ($4,609 per ton), while the average price for exports to China stood at $1,530 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.
Fresh Pork Cut Imports in the UK
For the third consecutive year, the UK recorded decline in overseas purchases of fresh or chilled hams, shoulders and cuts of pig meat, which decreased by -15.2% to 54K tons in 2022. Over the period under review, imports showed a dramatic decrease.
In value terms, fresh pork cut imports declined notably to $102M in 2022. In general, imports recorded a precipitous slump. The smallest decline of -15.6% was in 2020.
| Import of Fresh Pork Cut in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 190 | 167 | 108 | 84.2 | -23.8% |
| Ireland | 34.3 | 23.4 | 8.5 | 7.7 | -39.2% |
| Netherlands | 16.4 | 11.0 | 2.9 | 3.9 | -38.0% |
| Spain | 9.9 | 5.7 | 3.4 | 3.2 | -31.4% |
| Germany | 11.4 | 17.1 | 1.5 | 0.7 | -60.5% |
| Others | 8.8 | 5.1 | 2.7 | 2.4 | -35.2% |
| Total | 271 | 229 | 127 | 102 | -27.8% |
Top Suppliers of Fresh Pork Cut to the UK in 2022:
- Denmark (47.5K tons)
- Ireland (3.0K tons)
- Netherlands (1.6K tons)
- Spain (1.1K tons)
- Germany (0.3K tons)
Fresh Pork Cut Exports in the UK
In 2022, exports of fresh or chilled hams, shoulders and cuts of pig meat from the UK surged to 19K tons, growing by 59% against 2021. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, fresh pork cut exports soared to $34M in 2022. In general, total exports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +2.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fresh Pork Cut in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1.1 | 0.4 | 4.3 | 13.6 | 131.2% |
| France | 0.3 | 0.6 | 0.6 | 2.4 | 100.0% |
| China | 3.3 | 4.0 | 1.7 | 2.1 | -14.0% |
| Ireland | 17.7 | 19.7 | 10.1 | 1.7 | -54.2% |
| Denmark | 0.3 | 0.8 | 0.5 | 0.9 | 44.2% |
| Philippines | N/A | 0.1 | 0.1 | 0.6 | 144.9% |
| Australia | 2.7 | 0.8 | 0.3 | 0.5 | -43.0% |
| Netherlands | 2.1 | 2.3 | 1.8 | 0.5 | -38.0% |
| United States | 2.7 | 1.3 | 1.0 | 0.3 | -51.9% |
| Others | 1.7 | 2.6 | 1.1 | 11.7 | 90.2% |
| Total | 32.0 | 32.6 | 21.6 | 34.4 | 2.4% |
Top Export Markets for Fresh Pork Cut from the UK in 2022:
- Poland (8.2K tons)
- France (1.5K tons)
- China (0.8K tons)
- Netherlands (0.7K tons)
- Ireland (0.7K tons)
- Denmark (0.6K tons)
- Philippines (0.2K tons)
- Australia (0.1K tons)
- United States (0.1K tons)
This report provides an in-depth analysis of the fresh pork cut 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 10111250 - Fresh or chilled hams, shoulders and cuts thereof with bone in, 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:
- 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
-
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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