Frozen Pork Cut Market
Frozen pork cut market: get new information provided by an Ai-driven market research tool. Data provide market prices, companies, production, imports, consumption, exports, trade, and market size. Here is a split by region, including Russia, EU, China, Latin America, Africa, the Middle East, the U.K., and the U.S. Market insights and forecast to 2030 are also provided in the reports.
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Frozen Pork Cut - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | Germany |
| 3 | Spain |
| 4 | Italy |
| 5 | Poland |
In value terms, China led the market, alone. The second position in the ranking was occupied by Germany. It was followed by Spain.
From 2018 to 2020, the average annual growth rate of value in China amounted to +24.9%. The remaining consuming countries recorded the following average annual rates of market growth: Germany (+14.2% per year) and Spain (+35.8% per year).
Frozen Pork Cut Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per tonne | ||||
| Brazil | 1499 | 1653 | 1849 | 11.1% |
| Canada | 1976 | 1983 | 2020 | 1.1% |
| Germany | 1709 | 1756 | 2067 | 10.0% |
| United States | 2086 | 1990 | 2090 | 0.1% |
| Ireland | 1693 | 2159 | 2210 | 14.3% |
| Denmark | 1713 | 2329 | 2298 | 15.8% |
| Chile | 1673 | 1807 | 2361 | 18.8% |
| France | 2020 | 2021 | 2404 | 9.1% |
| Spain | 1900 | 2382 | 2516 | 15.1% |
| Netherlands | 1712 | 1983 | 2733 | 26.3% |
| Average | 1840 | 2038 | 2267 | 11.0% |
Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in the Netherlands ($2,733 per tonne) and Spain ($2,516 per tonne), while Brazil ($1,849 per tonne) and Canada ($2,020 per tonne) were amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per tonne | ||||
| China | 1615 | 1853 | 1853 | 7.1% |
| Philippines | 1650 | 1578 | 1634 | -0.5% |
| Hong Kong SAR | 1520 | 1359 | 1363 | -5.3% |
| Average | 1771 | 1911 | 1911 | 3.9% |
Average prices varied somewhat amongst the major importing countries. In 2020, the country with the highest price was China ($1,853 per tonne), while Hong Kong SAR ($1,363 per tonne) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced a decline in the import price figures.
Frozen Pork Cut - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| China | 0.6 | 0.9 | 0.9 | 25.7% |
| Hong Kong SAR | 0.05 | 0.02 | 0.05 | -0.4% |
| Philippines | 0.04 | 0.03 | 0.02 | -29.2% |
In value terms, China ($888M) constitutes the largest market for imported frozen hams, shoulders and cuts of pig meat worldwide, comprising 67% of global imports. The second position in the ranking was occupied by Hong Kong SAR ($46M), with a 3.5% share of global imports.
In China, frozen pork cut imports expanded at an average annual rate of +25.7% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Hong Kong SAR (-0.4% per year) and the Philippines (-29.2% per year).
Frozen Pork Cut - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Spain | 0.2 | 0.3 | 0.7 | 95.2% |
| United States | 0.1 | 0.2 | 0.4 | 77.1% |
| Germany | 0.2 | 0.2 | 0.3 | 23.7% |
| Netherlands | 0.04 | 0.08 | 0.3 | 165.3% |
| Denmark | 0.02 | 0.1 | 0.2 | 170.5% |
In value terms, the largest frozen pork cut supplying countries worldwide were Spain ($691M), the United States ($447M) and Germany ($269M), with a combined 57% share of global exports. These countries were followed by the Netherlands, Denmark, Canada, Chile, Ireland, France and Brazil, which together accounted for a further 38%.
Among the main exporting countries, Denmark (+170.5% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Frozen Pork Cut - Market Forecast
Driven by increasing demand for frozen pork cut worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Frozen Pork Cut - Product Coverage
- HS 020322 - Meat; of swine, hams, shoulders and cuts thereof, with bone in, frozen
This report provides an in-depth analysis of the global frozen pork cut market.
This report provides an in-depth analysis of the frozen pork cut market in Eastern Asia.
This report provides an in-depth analysis of the frozen pork cut market in Central Asia.
This report provides an in-depth analysis of the frozen pork cut market in the Middle East.
This report provides an in-depth analysis of the frozen pork cut market in Latin America and the Caribbean.
This report provides an in-depth analysis of the frozen pork cut market in Africa.
This report provides an in-depth analysis of the frozen pork cut market in Northern America.
This report provides an in-depth analysis of the frozen pork cut market in South-Eastern Asia.
This report provides an in-depth analysis of the frozen pork cut market in Australia and Oceania.
This report provides an in-depth analysis of the frozen pork cut market in Southern Asia.
