U.S. - Frozen Carcases Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Pork Carcase Price in the United States - 2023
Contents:
- Frozen Pork Carcase Price in the United States (FOB) - 2023
- Frozen Pork Carcase Price in the United States (CIF) - 2022
- Frozen Pork Carcase Exports in the United States
- Frozen Pork Carcase Imports in the United States
Frozen Pork Carcase Price in the United States (FOB) - 2023
In August 2023, the average frozen pork carcase export price amounted to $3,977 per ton, declining by -11.6% against the previous month. In general, the export price recorded a perceptible curtailment. The growth pace was the most rapid in April 2023 an increase of 6.9% against the previous month. The export price peaked at $6,822 per ton in November 2022; however, from December 2022 to August 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was China ($4,236 per ton), while the average price for exports to Mexico ($2,475 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+1.9%), while the prices for the other major destinations experienced a decline.
Frozen Pork Carcase Price in the United States (CIF) - 2022
The average frozen pork carcase import price stood at $1,878 per ton in 2022, increasing by 8.2% against the previous year. Overall, the import price, however, continues to indicate a dramatic shrinkage. The growth pace was the most rapid in 2016 an increase of 206%. Over the period under review, average import prices attained the maximum at $15,229 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($3,814 per ton), while the price for Spain stood at $1,709 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+11.8%).
Frozen Pork Carcase Exports in the United States
In 2022, shipments abroad of frozen carcases of pig meat decreased by -22.5% to 15K tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2020 with an increase of 0.7% against the previous year. As a result, the exports attained the peak of 157K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, frozen pork carcase exports reduced rapidly to $44M in 2022. In general, exports recorded a sharp slump. The smallest decline of -3.1% was in 2020.
| Export of Frozen Pork Carcase in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 415 | 401 | 50.0 | 41.0 | -53.8% |
| Mexico | 0.3 | 0.5 | 1.1 | 0.8 | 38.7% |
| Others | 2.5 | 3.8 | 4.0 | 2.6 | 1.3% |
| Total | 418 | 405 | 55.1 | 44.4 | -52.6% |
Top Export Markets for Frozen Pork Carcase from the United States in 2022:
- China (13.8K tons)
- Mexico (0.3K tons)
Frozen Pork Carcase Imports in the United States
In 2022, imports of frozen carcases of pig meat into the United States soared to 227 tons, jumping by 41% compared with the previous year. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 3,224%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, frozen pork carcase imports soared to $426K in 2022. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 3,102% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Frozen Pork Carcase in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 24.7 | 8.7 | 278 | 356 | 143.4% |
| Canada | N/A | N/A | N/A | 69.8 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 24.7 | 8.7 | 278 | 426 | 158.4% |
Top Suppliers of Frozen Pork Carcase to the United States in 2022:
- Spain (208.6 tons)
- Canada (18.3 tons)
This report provides an in-depth analysis of the frozen pork carcase 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 2030.
Product coverage:
- Prodcom 10113230 - Frozen carcases and half-carcases, of pig meat
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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In February 2023, the price of pork leveled off compared to the previous month, amounting to $2,674 per ton (FOB, US).
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In August 2022, the pork price per ton amounted to $3.0K (FOB, US), which is down by -2.8% against the previous month.
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