Australia - Frozen Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen Pig Meat Other than Cuts or Carcases in Australia - 2023
Contents:
- Price for Frozen Pig Meat Other than Cuts or Carcases in Australia (CIF) - 2023
- Price for Frozen Pig Meat Other than Cuts or Carcases in Australia (FOB) - 2023
- Imports of Frozen Pig Meat Other than Cuts or Carcases in Australia
- Exports of Frozen Pig Meat Other than Cuts or Carcases in Australia
Price for Frozen Pig Meat Other than Cuts or Carcases in Australia (CIF) - 2023
The average import price for frozen pig meat other than cuts or carcases stood at $3,740 per ton in November 2023, remaining stable against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in December 2022 an increase of 5.8% month-to-month. The import price peaked at $3,751 per ton in October 2023, and then contracted in the following month.
Average prices varied somewhat amongst the major supplying countries. In November 2023, the highest price was recorded for prices from the Netherlands ($4,167 per ton) and Ireland ($4,108 per ton), while the price for Canada ($3,242 per ton) and the United States ($3,568 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Ireland (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Pig Meat Other than Cuts or Carcases in Australia (FOB) - 2023
In November 2023, the average export price for frozen pig meat other than cuts or carcases amounted to $2,089 per ton, shrinking by -17.2% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 26% month-to-month. Over the period under review, the average export prices attained the peak figure at $3,004 per ton in April 2023; however, from May 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was the Netherlands ($7,760 per ton), while the average price for exports to South Korea ($1,211 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Pig Meat Other than Cuts or Carcases in Australia
Imports of frozen pig meat other than cuts or carcases into Australia rose notably to 176K tons in 2022, increasing by 15% against the year before. In general, imports, however, continue to indicate a pronounced slump.
In value terms, imports of frozen pig meat other than cuts or carcases reached $552M in 2022. Overall, imports, however, continue to indicate a noticeable curtailment. The growth pace was the most rapid in 2021 with an increase of 11%.
| Import of Frozen Pig Meat Other than Cuts or Carcases in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 177 | 131 | 158 | 181 | 0.7% |
| Netherlands | 87.8 | 69.0 | 133 | 158 | 21.6% |
| United States | 267 | 250 | 188 | 104 | -27.0% |
| Ireland | 26.4 | 34.0 | 52.4 | 71.4 | 39.3% |
| Canada | 26.2 | 11.5 | 12.7 | 25.3 | -1.2% |
| United Kingdom | 4.7 | 2.3 | 7.5 | 9.5 | 26.4% |
| Others | 0.6 | 0.6 | 1.4 | 4.0 | 88.2% |
| Total | 589 | 498 | 552 | 552 | -2.1% |
Top Suppliers of Frozen Pig Meat Other than Cuts or Carcases to Australia in 2022:
- Denmark (58.3K tons)
- Netherlands (50.5K tons)
- United States (30.5K tons)
- Ireland (23.3K tons)
- Canada (9.1K tons)
- United Kingdom (2.8K tons)
Exports of Frozen Pig Meat Other than Cuts or Carcases in Australia
Exports of frozen pig meat other than cuts or carcases from Australia rose rapidly to 15K tons in 2022, with an increase of 9.6% against the previous year's figure. The total export volume increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 14%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of frozen pig meat other than cuts or carcases dropped to $29M in 2022. The total export value increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16%. As a result, the exports reached the peak of $34M, and then contracted in the following year.
| Export of Frozen Pig Meat Other than Cuts or Carcases in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Papua New Guinea | 9.5 | 10.2 | 10.4 | 6.2 | -13.3% |
| Philippines | 1.1 | 0.9 | 3.7 | 4.3 | 57.5% |
| Netherlands | 1.4 | 0.3 | 0.9 | 3.8 | 39.5% |
| New Zealand | 5.3 | 4.4 | 6.6 | 2.7 | -20.1% |
| South Korea | 0.2 | 1.0 | 3.4 | 2.5 | 132.1% |
| Vietnam | 1.8 | 3.7 | 2.0 | 2.0 | 3.6% |
| Japan | 1.9 | 3.4 | 1.9 | 1.7 | -3.6% |
| Singapore | 1.3 | 1.3 | 1.5 | 1.5 | 4.9% |
| Malaysia | 1.0 | 0.3 | 0.4 | 1.3 | 9.1% |
| New Caledonia | 0.9 | 0.4 | 1.3 | 0.7 | -8.0% |
| Hong Kong SAR | 1.3 | 2.3 | 0.7 | 0.7 | -18.6% |
| Others | 2.3 | 0.8 | 0.9 | 1.6 | -11.4% |
| Total | 28.0 | 29.1 | 33.8 | 28.9 | 1.1% |
Top Export Markets for Frozen Pig Meat Other than Cuts or Carcases from Australia in 2022:
- Philippines (3.3K tons)
- Papua New Guinea (2.7K tons)
- Vietnam (2.1K tons)
- South Korea (1.9K tons)
- New Zealand (1.8K tons)
- Malaysia (1.0K tons)
- Singapore (0.8K tons)
- Netherlands (0.7K tons)
- Japan (0.3K tons)
- New Caledonia (0.2K tons)
- Hong Kong SAR (0.1K tons)
This report provides an in-depth analysis of the market for frozen pig meat other than cuts or carcases in Australia. 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 10113290 - Frozen pig meat (excluding carcases and half-carcases, h ams, shoulders and cuts thereof with bone in)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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
- 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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