Spain - Frozen Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Spain - Frozen Pig Meat - Market Analysis, Forecast, Size, Trends And Insights

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Price for Frozen Pig Meat Other than Cuts or Carcases in Spain - 2023

Contents:

  1. Price for Frozen Pig Meat Other than Cuts or Carcases in Spain (FOB) - 2023
  2. Price for Frozen Pig Meat Other than Cuts or Carcases in Spain (CIF) - 2023
  3. Exports of Frozen Pig Meat Other than Cuts or Carcases in Spain
  4. Imports of Frozen Pig Meat Other than Cuts or Carcases in Spain

Price for Frozen Pig Meat Other than Cuts or Carcases in Spain (FOB) - 2023

In October 2023, the average export price for frozen pig meat other than cuts or carcases amounted to $3,526 per ton, shrinking by -3.7% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 9.3% month-to-month. The export price peaked at $3,972 per ton in May 2023; however, from June 2023 to October 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($5,129 per ton), while the average price for exports to China ($2,758 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Frozen Pig Meat Other than Cuts or Carcases in Spain (CIF) - 2023

In October 2023, the average import price for frozen pig meat other than cuts or carcases amounted to $3,406 per ton, standing approximately at the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in August 2023 an increase of 28% month-to-month. As a result, import price reached the peak level of $3,744 per ton. From September 2023 to October 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($4,264 per ton), while the price for Italy ($1,950 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Frozen Pig Meat Other than Cuts or Carcases in Spain

After three years of growth, overseas shipments of frozen pig meat other than cuts or carcases decreased by -9.1% to 1M tons in 2022. The total export volume increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 34% against the previous year.

In value terms, exports of frozen pig meat other than cuts or carcases fell to $3.2B in 2022. The total export value increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 41%.

Export of Frozen Pig Meat Other than Cuts or Carcases in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8822,0531,658778-4.1%
Japan54949262276711.8%
South Korea21219041944828.3%
Philippines59.741.714924459.9%
Taiwan (Chinese)43.041.597.010835.9%
France98.999.787.083.6-5.4%
Italy75.678.560.766.2-4.3%
Serbia29.731.939.461.027.1%
Portugal41.236.647.756.110.8%
Others4884394876188.2%
Total2,4803,5043,6673,2299.2%

Top Export Markets for Frozen Pig Meat Other than Cuts or Carcases from Spain in 2022:

  1. China (284.7K tons)
  2. Japan (194.8K tons)
  3. South Korea (122.2K tons)
  4. Philippines (94.6K tons)
  5. Taiwan (Chinese) (34.3K tons)
  6. France (34.1K tons)
  7. Italy (31.3K tons)
  8. Serbia (23.8K tons)
  9. Portugal (16.1K tons)

Imports of Frozen Pig Meat Other than Cuts or Carcases in Spain

In 2022, imports of frozen pig meat other than cuts or carcases into Spain totaled 44K tons, surging by 8.4% on the year before. The total import volume increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of frozen pig meat other than cuts or carcases skyrocketed to $106M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Frozen Pig Meat Other than Cuts or Carcases in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France24.521.121.829.26.0%
Germany13.914.126.427.525.5%
Denmark6.27.95.510.719.9%
Portugal7.16.05.98.14.5%
Italy3.63.95.97.024.8%
Poland2.61.95.36.837.8%
Netherlands1.92.32.74.028.2%
Others10.19.110.012.47.1%
Total69.966.383.510614.9%

Top Suppliers of Frozen Pig Meat Other than Cuts or Carcases to Spain in 2022:

  1. France (12.8K tons)
  2. Germany (10.6K tons)
  3. Denmark (4.2K tons)
  4. Italy (3.8K tons)
  5. Portugal (2.9K tons)
  6. Poland (2.8K tons)
  7. Netherlands (1.7K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for frozen pig meat other than cuts or carcases in Spain. 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:

  • Spain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Spain
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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