U.S. - 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 the United States - 2023
Contents:
- Preserved Swine Meat Price in the United States (CIF) - 2023
- Preserved Swine Meat Price in the United States (FOB) - 2023
- Preserved Swine Meat Imports in the United States
- Preserved Swine Meat Exports in the United States
Preserved Swine Meat Price in the United States (CIF) - 2023
In August 2023, the average preserved swine meat import price amounted to $6,145 per ton, rising by 7.3% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $6,433 per ton in December 2022; however, from January 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($9,655 per ton), while the price for Mexico ($3,524 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Swine Meat Price in the United States (FOB) - 2023
In August 2023, the average preserved swine meat export price amounted to $5,875 per ton, growing by 4.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The pace of growth was the most pronounced in May 2023 when the average export price increased by 21% m-o-m. As a result, the export price attained the peak level of $6,556 per ton. From June 2023 to August 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Costa Rica ($9,038 per ton), while the average price for exports to South Korea ($2,246 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Swine Meat Imports in the United States
In 2022, imports of prepared or preserved hams and cuts of swine meat into the United States rose significantly to 25K tons, increasing by 6.6% against the previous year's figure. The total import volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, preserved swine meat imports rose rapidly to $156M in 2022. The total import value increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Preserved Swine Meat in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 58.3 | 66.8 | 83.1 | 96.5 | 18.3% |
| Poland | 41.2 | 41.5 | 40.6 | 44.9 | 2.9% |
| Italy | 38.5 | 5.4 | 9.4 | 9.6 | -37.1% |
| Mexico | 1.1 | 0.9 | 1.2 | 1.9 | 20.0% |
| Denmark | 1.3 | 3.6 | 3.6 | 1.9 | 13.5% |
| Others | 1.0 | 0.7 | 0.9 | 0.7 | -11.2% |
| Total | 141 | 119 | 139 | 156 | 3.4% |
Top Suppliers of Preserved Swine Meat to the United States in 2022:
- Canada (13.9K tons)
- Poland (9.1K tons)
- Italy (1.2K tons)
- Mexico (0.7K tons)
- Denmark (0.3K tons)
Preserved Swine Meat Exports in the United States
Preserved swine meat exports from the United States was estimated at 20K tons in 2022, growing by 7.6% on 2021 figures. In general, exports, however, saw a slight decline. The growth pace was the most rapid in 2021 when exports increased by 33% against the previous year.
In value terms, preserved swine meat exports totaled $98M in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 29%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Preserved Swine Meat in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 23.5 | 14.0 | 21.5 | 29.7 | 8.1% |
| Canada | 26.6 | 18.0 | 26.8 | 21.9 | -6.3% |
| Philippines | 9.4 | 8.5 | 12.8 | 10.5 | 3.8% |
| Japan | 1.5 | 1.7 | 1.4 | 8.9 | 81.0% |
| Chile | 3.3 | 4.0 | 8.8 | 4.7 | 12.5% |
| Costa Rica | 4.0 | 3.1 | 3.0 | 2.9 | -10.2% |
| Australia | 2.7 | 3.6 | 2.7 | 2.8 | 1.2% |
| South Korea | 5.7 | 6.7 | 3.0 | 2.4 | -25.0% |
| Panama | 2.6 | 2.4 | 2.3 | 2.0 | -8.4% |
| Dominican Republic | 5.3 | 1.3 | 2.0 | 1.4 | -35.8% |
| Others | 11.5 | 10.8 | 11.3 | 10.6 | -2.7% |
| Total | 96.0 | 74.1 | 95.6 | 97.9 | 0.7% |
Top Export Markets for Preserved Swine Meat from the United States in 2022:
- Mexico (8.4K tons)
- Canada (3.4K tons)
- Philippines (2.4K tons)
- Japan (1.6K tons)
- Australia (0.8K tons)
- South Korea (0.7K tons)
- Panama (0.4K tons)
- Costa Rica (0.4K tons)
- Chile (0.4K tons)
- Dominican Republic (0.2K tons)
This report provides an in-depth analysis of the preserved swine meat market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
- 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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