Italy - Salted, Dried or Smoked Meat, and Offal - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Italy - Salted, Dried or Smoked Meat, and Offal - Market Analysis, Forecast, Size, Trends And Insights

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Price for Salted, Dried or Smoked Meat, and Offal in Italy - 2023

Contents:

  1. Price for Salted, Dried or Smoked Meat, and Offal in Italy (FOB) - 2023
  2. Price for Salted, Dried or Smoked Meat, and Offal in Italy (CIF) - 2023
  3. Exports of Salted, Dried or Smoked Meat, and Offal in Italy
  4. Imports of Salted, Dried or Smoked Meat, and Offal in Italy

Price for Salted, Dried or Smoked Meat, and Offal in Italy (FOB) - 2023

The average export price for salted, dried or smoked meat, and offal stood at $14,940 per ton in September 2023, remaining constant against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.7%. The pace of growth was the most pronounced in April 2023 an increase of 18% against the previous month. The export price peaked at $15,202 per ton in June 2023; however, from July 2023 to September 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 Switzerland ($22,962 per ton), while the average price for exports to Spain ($6,913 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Salted, Dried or Smoked Meat, and Offal in Italy (CIF) - 2023

The average import price for salted, dried or smoked meat, and offal stood at $6,608 per ton in September 2023, declining by -1.5% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 8.9% against the previous month. The import price peaked at $6,964 per ton in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($10,460 per ton), while the price for Belgium ($3,397 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Croatia (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Salted, Dried or Smoked Meat, and Offal in Italy

In 2022, exports of salted, dried or smoked meat, and offal from Italy stood at 88K tons, approximately equating 2021. The total export volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of salted, dried or smoked meat, and offal reduced to $1.2B in 2022. The total export value increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 16% against the previous year. As a result, the exports reached the peak of $1.2B, and then declined in the following year.

Export of Salted, Dried or Smoked Meat, and Offal in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2102132432475.6%
United States12112117218214.6%
Germany182187202178-0.7%
United Kingdom106112112105-0.3%
Belgium60.165.071.361.60.8%
Austria41.743.148.546.13.4%
Switzerland37.440.043.942.84.6%
Netherlands31.733.139.135.63.9%
Canada26.335.631.629.53.9%
Sweden22.625.830.728.37.8%
Croatia13.78.610.712.9-2.0%
Spain10.57.411.412.14.8%
Japan31.825.527.14.2-49.1%
Others1351391831748.8%
Total1,0301,0561,2261,1594.0%

Top Export Markets for Salted, Dried or Smoked Meat, and Offal from Italy in 2022:

  1. France (20.0K tons)
  2. United States (12.9K tons)
  3. Germany (12.5K tons)
  4. United Kingdom (7.7K tons)
  5. Austria (4.1K tons)
  6. Belgium (4.0K tons)
  7. Netherlands (2.4K tons)
  8. Canada (2.3K tons)
  9. Switzerland (2.1K tons)
  10. Croatia (2.0K tons)
  11. Sweden (1.7K tons)
  12. Spain (1.4K tons)
  13. Japan (0.4K tons)

Imports of Salted, Dried or Smoked Meat, and Offal in Italy

In 2022, after two years of decline, there was significant growth in purchases abroad of salted, dried or smoked meat, and offal, when their volume increased by 10% to 25K tons. Over the period under review, imports, however, recorded a slight downturn.

In value terms, imports of salted, dried or smoked meat, and offal rose significantly to $148M in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Salted, Dried or Smoked Meat, and Offal in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain35.631.836.244.98.0%
Germany43.544.339.833.0-8.8%
Austria19.523.626.628.613.6%
Netherlands16.78.510.319.04.4%
France12.514.811.09.1-10.0%
CroatiaN/A0.62.06.2221.5%
Poland2.42.22.41.9-7.5%
BrazilN/A3.40.1N/A-97.1%
Others10.48.96.04.9-22.2%
Total1411381341481.6%

Top Suppliers of Salted, Dried or Smoked Meat, and Offal to Italy in 2022:

  1. Germany (7.2K tons)
  2. Spain (6.0K tons)
  3. Netherlands (4.2K tons)
  4. Austria (3.5K tons)
  5. France (1.9K tons)
  6. Croatia (1.1K tons)
  7. Poland (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for salted, dried or smoked meat, and offal in Italy. 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
  • Prodcom 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked
  • Prodcom 10131180 - Pig meat salted, in brine, dried or smoked (including bacon, 3/4 sides/middles, fore-ends, loins and cuts thereof, excluding hams, shoulders and cuts thereof with bone in, bellies and cuts thereof)
  • Prodcom 10131200 - Beef and veal salted, in brine, dried or smoked
  • Prodcom 10131300 - Meat salted, in brine, dried or smoked, edible flours and meals of meat or meat offal (excluding pig meat, beef and veal salted, in brine, dried or smoked)

Country coverage:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • 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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Free Data: Meat and edible meat offal; salted, in brine, dried or smoked; edible flours and meals of meat or meat offal - Italy