Pork Market

Pork market: find the latest info empowered by an Ai-driven market intelligence platform. Facts and figures include companies, imports, exports, trade, market size, consumption, production, and market prices. There is a split by country, including the Middle East, Africa, the U.S., Latin America, EU, the U.K., China, and Russia. Market trends and outlook to 2030 are also provided in the snapshots.


Need Pork Market data? GET FREE ACCESS

Pork - World's Largest Markets

RatingCountry
1China
2United States
3Japan
4Germany
5Vietnam

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by Japan.

From 2018 to 2020, the average annual growth rate of value in China totaled -8.0%. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+1.4% per year) and Japan (+4.2% per year).

Pork Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Belgium2002221920801.9%
Brazil1946226822758.1%
United States2538259125450.1%
Germany2465278127405.4%
Denmark2336277828119.7%
Netherlands2351264228149.4%
Canada2701280330045.5%
Spain2645297730327.1%
Average2468269427205.0%

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Spain ($3,032 per ton) and Canada ($3,004 per ton), while Belgium ($2,080 per ton) and Brazil ($2,275 per ton) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Denmark, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Japan4250437143401.1%
South Korea3027304032693.9%
United States3177317032461.1%
United Kingdom2482271029368.8%
Hong Kong SAR2695294527210.5%
Netherlands2561255626922.5%
Czech Republic2368268726385.5%
Romania2158243824827.2%
Italy2108245423625.9%
Poland2206248123272.7%
China17342250225714.1%
Germany1842211221377.7%
Mexico1530172115380.3%
Average2455264626794.5%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Japan ($4,340 per ton), while Mexico ($1,538 per ton) 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 more modest paces of growth.

Pork - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Japan4.64.84.60.7%
China2.14.64.648.0%
Italy2.12.32.1-1.1%
Germany1.71.91.7-0.5%
Poland1.71.61.5-4.2%

In value terms, Japan ($4.6B), China ($4.6B) and Italy ($2.1B) were the countries with the highest levels of imports in 2020, together accounting for 37% of global imports.

China saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Pork - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Spain45.16.526.7%
United States4.65.2614.1%
Germany4.44.94.84.9%
Denmark2.62.83.19.1%
Netherlands2.12.72.917.1%

In value terms, Spain ($6.5B), the United States ($6B) and Germany ($4.8B) appeared to be the countries with the highest levels of exports in 2020, together comprising 48% of global exports.

Spain recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Pork - Market Forecast

Driven by rising demand for pork worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, 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.

Pork - Top Companies

JBS S/A, Tyson Foods, Inc., Micarna SA, Rudolf Schär AG, Mérat & Cie. AG, Tyson Fresh Meats, Inc., Jbs USA Holdings, LLC, NH FOODS LTD., Smithfield Foods, Inc., Hormel Foods Corporation, Henan Shuanghui Investment and Development Co., Ltd., Jbs USA Food Company, Ernst Sutter AG, SULAI AG, Seaboard Corporation, Marfrig Global Foods S/A., AUSTRALIAN CONSOLIDATED FOOD INVESTMENTS PTY LIMITED, PRIMO MEATS PTY LTD, IMPOSETE PTY LTD, PRIMO RETAIL PTY LTD

Pork - Product Coverage

  • HS 020311 - Meat; of swine, carcasses and half-carcasses, fresh or chilled
  • HS 020312 - Meat; of swine, hams, shoulders and cuts thereof, with bone in, fresh or chilled
  • HS 020319 - Meat; of swine, n.e.s. in item no. 0203.1, fresh or chilled
  • HS 020321 - Meat; of swine, carcasses and half-carcasses, frozen
  • HS 020322 - Meat; of swine, hams, shoulders and cuts thereof, with bone in, frozen
  • HS 020329 - Meat; of swine, n.e.s. in item no. 0203.2, frozen
Store
Blog
Event
World - Pork (Meat of Swine) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global pork market.

Africa - Pork (Meat of Swine) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the pork market in Africa.

Central Asia - Pork (Meat of Swine) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the pork market in Central Asia.

Latin America and the Caribbean - Pork (Meat of Swine) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the pork market in Latin America and the Caribbean.

Southern Asia - Pork (Meat of Swine) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the pork market in Southern Asia.

Middle East - Pork (Meat of Swine) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the pork market in the Middle East.

South-Eastern Asia - Pork (Meat of Swine) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the pork market in South-Eastern Asia.

Eastern Asia - Pork (Meat of Swine) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the pork market in Eastern Asia.

Australia and Oceania - Pork (Meat of Swine) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the pork market in Australia and Oceania.

Northern America - Pork (Meat of Swine) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the pork market in Northern America.

Category
Geography