United Kingdom - Frozen Hams, Shoulders And Cuts Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Pork Cut Price in the UK - 2023
Contents:
- Frozen Pork Cut Price in the UK (FOB) - 2022
- Frozen Pork Cut Price in the UK (CIF) - 2023
- Frozen Pork Cut Exports in the UK
- Frozen Pork Cut Imports in the UK
Frozen Pork Cut Price in the UK (FOB) - 2022
The average frozen pork cut export price stood at $1,921 per ton in 2022, reducing by -15.6% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 54%. Over the period under review, the average export prices reached the maximum at $2,686 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($3,945 per ton), while the average price for exports to Liberia ($804 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Liberia (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Pork Cut Price in the UK (CIF) - 2023
The average frozen pork cut import price stood at $3,517 per ton in June 2023, waning by -3.5% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 102% m-o-m. As a result, import price attained the peak level of $6,380 per ton. From February 2023 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Greece ($5,722 per ton), while the price for Poland ($3,188 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Pork Cut Exports in the UK
After three years of growth, shipments abroad of frozen hams, shoulders and cuts of pig meat decreased by -64.7% to 10K tons in 2022. Over the period under review, exports faced a deep slump. The growth pace was the most rapid in 2020 when exports increased by 73%.
In value terms, frozen pork cut exports declined remarkably to $19M in 2022. Overall, exports showed a deep setback. The most prominent rate of growth was recorded in 2020 when exports increased by 37% against the previous year.
| Export of Frozen Pork Cut in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.6 | 41.7 | 49.5 | 10.8 | -24.0% |
| Philippines | 0.5 | 0.3 | 3.5 | 2.6 | 73.2% |
| Ireland | 0.6 | 1.1 | 2.0 | 1.4 | 32.6% |
| Dominican Republic | N/A | 0.1 | N/A | 0.6 | 144.9% |
| Hong Kong SAR | 0.4 | 0.6 | 1.7 | 0.6 | 14.5% |
| South Africa | N/A | 0.2 | 1.3 | 0.4 | 41.4% |
| South Korea | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Liberia | N/A | N/A | N/A | 0.2 | 0% |
| Denmark | 2.7 | 2.2 | 0.7 | N/A | -49.1% |
| Others | 7.4 | 3.5 | 6.2 | 2.6 | -29.4% |
| Total | 36.3 | 49.7 | 65.0 | 19.4 | -18.8% |
Top Export Markets for Frozen Pork Cut from the UK in 2022:
- Denmark (undefinedK tons)
- China (5.8K tons)
- Philippines (1.4K tons)
- Ireland (0.5K tons)
- South Africa (0.3K tons)
- Liberia (0.2K tons)
- Dominican Republic (0.2K tons)
- South Korea (0.2K tons)
- Hong Kong SAR (0.2K tons)
Frozen Pork Cut Imports in the UK
For the third consecutive year, the UK recorded decline in overseas purchases of frozen hams, shoulders and cuts of pig meat, which decreased by -44.1% to 953 tons in 2022. Overall, imports showed a dramatic shrinkage. The smallest decline of -33.1% was in 2020.
In value terms, frozen pork cut imports dropped remarkably to $3.2M in 2022. In general, imports saw a sharp curtailment. The growth pace was the most rapid in 2020 with an increase of 5.6% against the previous year. As a result, imports reached the peak of $14M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Frozen Pork Cut in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 0.9 | 1.2 | 0.3 | 1.9 | 28.3% |
| Spain | 2.0 | 2.1 | 1.1 | 0.7 | -29.5% |
| Greece | N/A | N/A | N/A | 0.2 | 0% |
| Germany | 2.8 | 3.7 | 0.4 | 0.1 | -67.1% |
| Ireland | 3.2 | 4.2 | 1.1 | 0.1 | -68.5% |
| Belgium | 0.7 | 0.3 | N/A | 0.1 | -47.7% |
| France | 1.2 | 0.4 | 0.6 | N/A | -29.3% |
| Portugal | N/A | 0.2 | 2.0 | N/A | 900.0% |
| Netherlands | 1.7 | 0.9 | 0.1 | N/A | -75.7% |
| Others | 0.4 | 0.6 | 0.7 | N/A | 32.3% |
| Total | 12.9 | 13.6 | 6.2 | 3.2 | -37.2% |
Top Suppliers of Frozen Pork Cut to the UK in 2022:
- Poland (584.3 tons)
- Spain (223.0 tons)
- Ireland (42.0 tons)
- Greece (35.9 tons)
- Germany (35.6 tons)
- Belgium (15.6 tons)
- Netherlands (14.0 tons)
- Portugal (2.7 tons)
This report provides an in-depth analysis of the frozen 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 10113250 - Frozen hams, shoulders and cuts with bone in, of pig meat
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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