Belgium - Pork (Meat Of Swine) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPork Price in Belgium - 2023
Contents:
- Pork Price in Belgium (FOB) - 2023
- Pork Price in Belgium (CIF) - 2022
- Pork Exports in Belgium
- Pork Imports in Belgium
Pork Price in Belgium (FOB) - 2023
In August 2023, the average pork export price amounted to $3,225 per ton, with a decrease of -6.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.7%. The growth pace was the most rapid in December 2022 when the average export price increased by 9.7% month-to-month. The export price peaked at $3,454 per ton in July 2023, and then dropped in the following month.
Average prices varied somewhat for the major export markets. In August 2023, the highest price was recorded for prices to France ($4,218 per ton) and the UK ($4,019 per ton), while the average price for exports to the Czech Republic ($2,964 per ton) and Poland ($2,998 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Pork Price in Belgium (CIF) - 2022
The average pork import price stood at $2,879 per ton in 2022, growing by 13% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The import price peaked at $2,958 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($3,433 per ton), while the price for the UK ($1,264 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Pork Exports in Belgium
In 2022, shipments abroad of pork decreased by -6.8% to 677K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 9.8% against the previous year.
In value terms, pork exports rose markedly to $1.5B in 2022. The total export value increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Pork in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 405 | 393 | 368 | 371 | -2.9% |
| Germany | 474 | 431 | 356 | 370 | -7.9% |
| Netherlands | 72.1 | 120 | 117 | 173 | 33.9% |
| Italy | 75.3 | 72.9 | 79.7 | 111 | 13.8% |
| Czech Republic | 76.4 | 81.2 | 86.0 | 87.7 | 4.7% |
| United Kingdom | 77.6 | 70.7 | 71.3 | 78.1 | 0.2% |
| Romania | 33.8 | 39.1 | 39.8 | 45.4 | 10.3% |
| France | 37.5 | 44.0 | 48.1 | 41.2 | 3.2% |
| Slovakia | 31.6 | 28.5 | 24.6 | 31.5 | -0.1% |
| Bulgaria | 17.1 | 40.3 | 25.8 | 24.9 | 13.3% |
| Lithuania | 21.6 | 20.7 | 25.5 | 19.9 | -2.7% |
| Others | 111 | 133 | 183 | 171 | 15.5% |
| Total | 1,433 | 1,474 | 1,424 | 1,525 | 2.1% |
Top Export Markets for Pork from Belgium in 2022:
- Poland (177.0K tons)
- Germany (162.8K tons)
- Netherlands (77.9K tons)
- Italy (48.9K tons)
- Czech Republic (43.8K tons)
- United Kingdom (26.0K tons)
- Romania (21.2K tons)
- France (14.8K tons)
- Slovakia (14.6K tons)
- Bulgaria (11.8K tons)
- Lithuania (9.4K tons)
Pork Imports in Belgium
In 2022, after three years of growth, there was decline in overseas purchases of pork, when their volume decreased by -3.4% to 97K tons. The total import volume increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 14%. As a result, imports attained the peak of 100K tons, and then declined in the following year.
In value terms, pork imports expanded significantly to $278M in 2022. The total import value increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Pork in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 121 | 145 | 139 | 155 | 8.6% |
| Germany | 37.5 | 33.4 | 42.3 | 43.2 | 4.8% |
| Spain | 36.6 | 37.4 | 29.2 | 35.6 | -0.9% |
| France | 22.8 | 22.5 | 23.6 | 26.8 | 5.5% |
| Luxembourg | 3.3 | 2.8 | 2.8 | 3.7 | 3.9% |
| United Kingdom | 7.9 | 5.2 | 1.3 | 1.3 | -45.2% |
| Others | 10.4 | 13.3 | 17.1 | 11.9 | 4.6% |
| Total | 240 | 259 | 255 | 278 | 5.0% |
Top Suppliers of Pork to Belgium in 2022:
- Netherlands (51.7K tons)
- Germany (17.2K tons)
- France (11.9K tons)
- Spain (10.4K tons)
- Luxembourg (1.5K tons)
- United Kingdom (1.1K tons)
This report provides an in-depth analysis of the pork market in Belgium. 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:
- FCL 1035 - Pig meat
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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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