Canada - Hams, Shoulders And Cuts Of Swine (Salted, In Brine, Dried Or Smoked) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Canada - 2023
Contents:
- Price for Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Canada (CIF) - 2023
- Price for Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Canada (FOB) - 2022
- Imports of Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Canada
- Exports of Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Canada
Price for Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Canada (CIF) - 2023
The average import price for hams, shoulders and cuts of swine (salted, in brine, dried or smoked) stood at $4,707 per ton in September 2023, dropping by -4% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 31% m-o-m. Over the period under review, average import prices reached the maximum at $6,618 per ton in June 2023; however, from July 2023 to September 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From September 2022 to September 2023, the rate of growth in terms of prices for Spain amounted to +1.5% per month.
Price for Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Canada (FOB) - 2022
The average export price for hams, shoulders and cuts of swine (salted, in brine, dried or smoked) stood at $2,587 per ton in 2022, picking up by 22% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,644 per ton), while the average price for exports to South Korea ($1,502 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 Trinidad and Tobago (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Canada
In 2022, purchases abroad of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) decreased by -15.4% to 10K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a deep downturn. The growth pace was the most rapid in 2020 when imports increased by 1.6%. As a result, imports attained the peak of 12K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) fell to $48M in 2022. In general, imports showed a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 2%. As a result, imports attained the peak of $53M, and then reduced in the following year.
| Import of Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 50.9 | 50.9 | 51.4 | 47.3 | -2.4% |
| Others | 0.4 | 0.6 | 1.1 | 0.9 | 31.0% |
| Total | 51.3 | 51.5 | 52.5 | 48.1 | -2.1% |
Top Suppliers of Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine to Canada in 2022:
- United States (10.1K tons)
Exports of Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Canada
In 2022, exports of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) from Canada fell sharply to 1.8K tons, dropping by -75.6% against 2021. Overall, exports recorded a significant contraction. The pace of growth was the most pronounced in 2021 when exports increased by 36% against the previous year.
In value terms, exports of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) shrank significantly to $4.6M in 2022. Over the period under review, exports faced a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year.
| Export of Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.9 | 1.8 | 1.0 | 1.6 | 21.1% |
| Dominican Republic | N/A | N/A | N/A | 1.1 | 0% |
| Philippines | 0.1 | N/A | N/A | 0.5 | 71.0% |
| Trinidad and Tobago | N/A | N/A | 0.3 | 0.5 | 66.7% |
| South Korea | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Honduras | N/A | N/A | 1.1 | 0.2 | -81.8% |
| Mexico | 15.1 | 8.2 | 10.7 | 0.1 | -81.2% |
| Others | 2.7 | 1.7 | 2.2 | 0.3 | -51.9% |
| Total | 18.8 | 11.8 | 15.4 | 4.6 | -37.5% |
Top Export Markets for Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine from Canada in 2022:
- Dominican Republic (461.3 tons)
- United States (338.0 tons)
- Philippines (304.7 tons)
- Trinidad and Tobago (226.4 tons)
- South Korea (184.0 tons)
- Honduras (85.5 tons)
- Mexico (54.8 tons)
This report provides an in-depth analysis of the market for salted, dried, or smoked hams, shoulders and cuts of swine in Canada. 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 10131120 - Hams, shoulders and cuts thereof with bone in, of swine, s alted, in brine, dried or smoked
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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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