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

United Kingdom - 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 the UK - 2023

Contents:

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

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

In November 2023, the average export price for frozen pig meat other than cuts or carcases amounted to $2,502 per ton, surging by 12% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $2,789 per ton in April 2023; however, from May 2023 to November 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was the United States ($4,396 per ton), while the average price for exports to South Korea ($1,253 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 South Korea (+2.9%), 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 the UK (CIF) - 2023

In November 2023, the average import price for frozen pig meat other than cuts or carcases amounted to $3,429 per ton, leveling off at the previous month. Over the last twelve months, it increased at an average monthly rate of +2.4%. The pace of growth was the most pronounced in April 2023 when the average import price increased by 13% month-to-month. The import price peaked at $3,717 per ton in July 2023; however, from August 2023 to November 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the countries with the highest prices were Spain ($4,183 per ton) and Ireland ($3,804 per ton), while the price for the Netherlands ($2,852 per ton) and Germany ($3,109 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 (+3.5%), 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 the UK

In 2022, shipments abroad of frozen pig meat other than cuts or carcases decreased by -20.3% to 75K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a deep slump. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year. As a result, the exports attained the peak of 135K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of frozen pig meat other than cuts or carcases dropped dramatically to $172M in 2022. In general, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 27%. As a result, the exports attained the peak of $291M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Frozen Pig Meat Other than Cuts or Carcases in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12319414073.7-15.7%
United States28.822.528.525.5-4.0%
Philippines4.53.422.423.172.5%
Australia0.90.67.65.077.1%
South Africa2.62.86.04.217.3%
Ireland18.314.65.44.2-38.8%
France0.71.40.93.875.7%
Denmark10.810.23.32.9-35.5%
Dominican Republic0.30.10.12.9113.0%
Netherlands2.82.01.12.80.0%
Hong Kong SAR7.36.810.51.9-36.2%
Others29.332.523.621.8-9.4%
Total229291249172-9.1%

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

  1. China (35.9K tons)
  2. Philippines (11.2K tons)
  3. United States (6.2K tons)
  4. Dominican Republic (2.6K tons)
  5. South Africa (2.0K tons)
  6. Denmark (1.6K tons)
  7. Australia (1.5K tons)
  8. France (1.5K tons)
  9. Netherlands (1.4K tons)
  10. Ireland (1.3K tons)
  11. Hong Kong SAR (0.6K tons)

Imports of Frozen Pig Meat Other than Cuts or Carcases in the UK

In 2022, purchases abroad of frozen pig meat other than cuts or carcases was finally on the rise to reach 68K tons after two years of decline. Over the period under review, imports, however, showed a deep slump.

In value terms, imports of frozen pig meat other than cuts or carcases declined to $165M in 2022. In general, imports, however, continue to indicate a abrupt slump. The smallest decline of -11% was in 2020.

Import of Frozen Pig Meat Other than Cuts or Carcases in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany50.663.552.048.3-1.5%
Spain25.923.321.941.016.5%
Netherlands38.314.518.817.6-22.8%
France32.629.821.717.0-19.5%
Denmark44.736.117.911.5-36.4%
Poland8.98.023.110.86.7%
Ireland50.952.523.810.8-40.4%
Others18.613.211.08.4-23.3%
Total270241190165-15.1%

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

  1. Germany (23.5K tons)
  2. Spain (12.2K tons)
  3. Netherlands (9.5K tons)
  4. France (6.7K tons)
  5. Denmark (4.7K tons)
  6. Poland (4.3K tons)
  7. Ireland (4.1K 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 the UK. 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:

  • United Kingdom

Data coverage:

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