Canada - Prepared Or Preserved Hams And Cuts Of Swine Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Swine Meat Price in Canada - 2023
Contents:
- Preserved Swine Meat Price in Canada (FOB) - 2023
- Preserved Swine Meat Price in Canada (CIF) - 2023
- Preserved Swine Meat Exports in Canada
- Preserved Swine Meat Imports in Canada
Preserved Swine Meat Price in Canada (FOB) - 2023
The average preserved swine meat export price stood at $5,706 per ton in June 2023, with a decrease of -6.3% against the previous month. Over the period under review, the export price recorded a mild slump. The pace of growth was the most pronounced in April 2023 when the average export price increased by 4.4% m-o-m. The export price peaked at $7,190 per ton in December 2022; however, from January 2023 to June 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In June 2023, the country with the highest price was the United States ($5,736 per ton), while the average price for exports to Trinidad and Tobago amounted to $4,233 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago (-0.2%), while the prices for the other major destinations experienced a decline.
Preserved Swine Meat Price in Canada (CIF) - 2023
In June 2023, the average preserved swine meat import price amounted to $8,286 per ton, with a decrease of -31.2% against the previous month. Overall, the import price showed a mild decrease. The pace of growth appeared the most rapid in May 2023 an increase of 29% m-o-m. As a result, import price reached the peak level of $12,044 per ton, and then fell markedly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($11,184 per ton), while the price for Denmark ($5,244 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 Portugal (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Preserved Swine Meat Exports in Canada
Preserved swine meat exports from Canada rose significantly to 14K tons in 2022, picking up by 9.9% on 2021 figures. The total export volume increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, preserved swine meat exports soared to $99M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 24%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Preserved Swine Meat in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 58.2 | 67.0 | 83.5 | 97.3 | 18.7% |
| Others | 0.5 | 1.0 | 1.2 | 1.3 | 37.5% |
| Total | 58.7 | 68.1 | 84.7 | 98.6 | 18.9% |
Top Export Markets for Preserved Swine Meat from Canada in 2022:
- United States (13.9K tons)
Preserved Swine Meat Imports in Canada
Preserved swine meat imports into Canada fell to 3K tons in 2022, with a decrease of -12.2% against the previous year. Over the period under review, imports saw a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, imports reached the peak of 3.5K tons, and then reduced in the following year.
In value terms, preserved swine meat imports contracted markedly to $27M in 2022. Overall, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year.
| Import of Preserved Swine Meat in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 26.2 | 17.6 | 26.1 | 21.7 | -6.1% |
| Denmark | 1.3 | 2.4 | 3.2 | 3.3 | 36.4% |
| Italy | 3.4 | 1.4 | 1.6 | 1.6 | -22.2% |
| Others | 1.0 | 0.7 | 1.0 | 0.5 | -20.6% |
| Total | 31.9 | 22.2 | 31.9 | 27.0 | -5.4% |
Top Suppliers of Preserved Swine Meat to Canada in 2022:
- United States (2168.3 tons)
- Denmark (642.8 tons)
- Italy (180.4 tons)
This report provides an in-depth analysis of the preserved swine meat market in Canada. 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 10131545 - Prepared or preserved meat of swine: hams and cuts thereof (excluding prepared meals and dishes)
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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
- 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 VOLUME AND VALUE
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
- 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
- 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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