Thailand - Prepared Or Preserved Shoulders And Cuts Of Swine Meat - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 2, 2024

Thailand - Prepared Or Preserved Shoulders And Cuts Of Swine Meat - Market Analysis, Forecast, Size, Trends And Insights

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Price for Preserved Swine Meat Cut in Thailand - 2023

Contents:

  1. Price for Preserved Swine Meat Cut in Thailand (CIF) - 2022
  2. Price for Preserved Swine Meat Cut in Thailand (FOB) - 2022
  3. Imports of Preserved Swine Meat Cut in Thailand
  4. Exports of Preserved Swine Meat Cut in Thailand

Price for Preserved Swine Meat Cut in Thailand (CIF) - 2022

The average preserved swine meat cut import price stood at $4,270 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the import price, however, saw a slight downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 71%. The import price peaked at $8,223 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($8,318 per ton), while the price for Taiwan (Chinese) totaled $3,171 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+227.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Preserved Swine Meat Cut in Thailand (FOB) - 2022

The average preserved swine meat cut export price stood at $2,087 per ton in 2022, picking up by 27% against the previous year. In general, the export price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 282% against the previous year. The export price peaked at $18,199 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Myanmar ($4,263 per ton), while the average price for exports to Hong Kong SAR ($1,066 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+60.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Preserved Swine Meat Cut in Thailand

In 2022, the amount of prepared or preserved shoulders and cuts of swine meat imported into Thailand expanded slightly to 19 tons, with an increase of 1.9% on the previous year. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 1,960%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, preserved swine meat cut imports expanded modestly to $81K in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 2,592%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Preserved Swine Meat Cut in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)N/A0.34.047.21154.3%
South Korea2.62.074.132.5132.1%
Others0.10.50.51.3135.1%
Total2.72.978.680.9210.6%

Top Suppliers of Preserved Swine Meat Cut to Thailand in 2022:

  1. Taiwan (Chinese) (14.9 tons)
  2. South Korea (3.9 tons)

Exports of Preserved Swine Meat Cut in Thailand

In 2022, overseas shipments of prepared or preserved shoulders and cuts of swine meat decreased by -56.7% to 18 tons, falling for the second consecutive year after two years of growth. In general, exports saw a drastic downturn. The growth pace was the most rapid in 2020 when exports increased by 212% against the previous year. As a result, the exports attained the peak of 93 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, preserved swine meat cut exports fell sharply to $38K in 2022. Over the period under review, exports showed a dramatic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 55% against the previous year. As a result, the exports attained the peak of $202K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Preserved Swine Meat Cut in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lao People's Democratic Republic13033.622.121.1-45.5%
Hong Kong SARN/A16346.512.9-71.9%
MyanmarN/AN/AN/A3.80%
Others0.16.2N/AN/A6100.0%
Total13020268.637.9-33.7%

Top Export Markets for Preserved Swine Meat Cut from Thailand in 2022:

  1. Hong Kong SAR (12.1 tons)
  2. Lao People's Democratic Republic (5.1 tons)
  3. Myanmar (0.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for preserved swine meat cut in Thailand. 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 10131555 - Prepared or preserved meat of swine: shoulders and cuts thereof, of swine (excluding prepared meals and dishes)

Country coverage:

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • 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. TOP EXPORTING COUNTRIES
    4. 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 VOLUME AND VALUE
  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. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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