Frozen Pig Meat Other Than Cuts or Carcases Market
Frozen pig meat other than cuts or carcases market: read new info featured by an Ai-driven business intelligence platform. Data provide trade, exports, market prices, production, consumption, companies, market size, and imports. There is a split by country, including Africa, Latin America, Russia, the Middle East, the U.K., China, EU, and the U.S. Market dynamics and forecast to 2030 are also featured in the dashboards.
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Frozen Pig Meat Other Than Cuts or Carcases - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | Japan |
3 | South Korea |
4 | United States |
5 | Hong Kong SAR |
In value terms, China led the market, alone. The second position in the ranking was occupied by Japan. It was followed by South Korea.
From 2019 to 2021, the average annual rate of growth in terms of value in China stood at +32.7%. In the other countries, the average annual rates were as follows: Japan (-9.6% per year) and South Korea (-3.7% per year).
Frozen Pig Meat Other Than Cuts Or Carcases Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per ton | ||||
Poland | 2453 | 2100 | 2092 | -7.7% |
Germany | 2759 | 2858 | 2157 | -11.6% |
Brazil | 2305 | 2383 | 2363 | 1.3% |
Canada | 2387 | 2625 | 2385 | 0.0% |
United States | 2526 | 2520 | 2747 | 4.3% |
France | 2619 | 2921 | 2917 | 5.5% |
Spain | 3065 | 3224 | 3191 | 2.0% |
Netherlands | 2930 | 3130 | 3193 | 4.4% |
Ireland | 3205 | 3409 | 3381 | 2.7% |
Chile | 3226 | 3316 | 3394 | 2.6% |
Denmark | 3666 | 3544 | 3419 | -3.4% |
Mexico | 3990 | 3838 | 3924 | -0.8% |
Average | 2805 | 2869 | 2837 | 0.6% |
Prices varied noticeably by the country of origin; the country with the highest price was Mexico ($3,924 per ton), while Poland ($2,092 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per ton | ||||
Japan | 4115 | 3944 | 4844 | 8.5% |
United States | 3273 | 3630 | 3990 | 10.4% |
Australia | 3169 | 3423 | 3617 | 6.8% |
Hong Kong SAR | 2832 | 2716 | 3125 | 5.0% |
South Korea | 2960 | 3210 | 3071 | 1.9% |
Chile | 2507 | 2654 | 2780 | 5.3% |
China | 2389 | 2894 | 2733 | 7.0% |
Romania | 2163 | 2309 | 1980 | -4.3% |
Philippines | 1869 | 1957 | 1848 | -0.6% |
Average | 2748 | 2944 | 2894 | 2.6% |
Prices varied noticeably by the country of destination; the country with the highest price was Japan ($4,844 per ton), while the Philippines ($1,848 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.
Frozen Pig Meat Other Than Cuts or Carcases - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
billion USD | ||||
China | 3.6 | 9.4 | 6.5 | 34.0% |
Japan | 2.8 | 2.6 | 2.3 | -8.4% |
South Korea | 1.5 | 1.3 | 1.4 | -3.6% |
United States | 0.5 | 0.4 | 0.7 | 15.0% |
Hong Kong SAR | 0.4 | 0.6 | 0.6 | 15.4% |
In value terms, China ($6.5B) constitutes the largest market for imported frozen pig meat other than cuts or carcases worldwide, comprising 38% of global imports. The second position in the ranking was occupied by Japan ($2.3B), with a 14% share of global imports. It was followed by South Korea, with a 8.1% share.
From 2019 to 2021, the average annual growth rate of value in China amounted to +34.0%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-8.4% per year) and South Korea (-3.6% per year).
Frozen Pig Meat Other Than Cuts or Carcases - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
billion USD | ||||
Spain | 2.5 | 3.5 | 3.7 | 21.6% |
United States | 2.3 | 2.8 | 2.7 | 8.0% |
Brazil | 1.4 | 2.1 | 2.6 | 35.2% |
Denmark | 1.4 | 1.8 | 1.8 | 13.0% |
Netherlands | 1 | 1.2 | 1.3 | 12.3% |
In value terms, Spain ($3.7B), the United States ($2.7B) and Brazil ($2.6B) constituted the countries with the highest levels of exports in 2021, with a combined 49% share of global exports.
Among the main exporting countries, Brazil recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Frozen Pig Meat Other Than Cuts or Carcases - Market Forecast
Driven by increasing demand for frozen pig meat other than cuts or carcases worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Frozen Pig Meat Other Than Cuts or Carcases - Product Coverage
- HS 020329 - Meat; of swine, n.e.s. in item no. 0203.2, frozen
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