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

Spain - 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 Spain - 2023

Contents:

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

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

The average export price for salted, dried or smoked meat, and offal stood at $11,170 per ton in September 2023, with a decrease of -2.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in April 2023 when the average export price increased by 13% m-o-m. Over the period under review, the average export prices hit record highs at $11,448 per ton in August 2023, and then reduced in the following month.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was the UK ($16,777 per ton), while the average price for exports to Sweden ($2,779 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 France (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for salted, dried or smoked meat, and offal stood at $3,198 per ton in September 2023, waning by -6% against the previous month. In general, the import price recorded a slight decrease. The growth pace was the most rapid in January 2023 an increase of 17% month-to-month. As a result, import price attained the peak level of $4,309 per ton. From February 2023 to September 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Denmark ($10,301 per ton), while the price for Portugal ($1,100 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 Germany (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, exports of salted, dried or smoked meat, and offal from Spain rose significantly to 79K tons, with an increase of 5.3% compared with 2021. The total export volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of salted, dried or smoked meat, and offal rose to $757M in 2022. The total export value increased at an average annual rate of +8.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 21% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Salted, Dried or Smoked Meat, and Offal in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1361311531544.2%
Germany1051201231060.3%
Portugal44.143.245.454.47.2%
Italy37.635.149.450.810.5%
China12.618.036.641.548.8%
United States25.829.439.940.816.5%
United Kingdom24.026.028.329.36.9%
Mexico20.917.423.727.910.1%
Belgium18.319.426.024.610.4%
Netherlands19.424.228.224.47.9%
Japan9.68.810.021.530.8%
Denmark14.113.615.314.81.6%
Sweden7.47.48.49.37.9%
Others11412215715811.5%
Total5896167447578.7%

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

  1. France (15.8K tons)
  2. Germany (12.1K tons)
  3. Portugal (8.4K tons)
  4. Italy (6.2K tons)
  5. Netherlands (3.4K tons)
  6. United States (3.1K tons)
  7. Mexico (2.3K tons)
  8. China (2.3K tons)
  9. Belgium (2.2K tons)
  10. Sweden (2.1K tons)
  11. United Kingdom (1.8K tons)
  12. Japan (1.8K tons)
  13. Denmark (1.5K tons)

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

After three years of growth, supplies from abroad of salted, dried or smoked meat, and offal decreased by -9.5% to 32K tons in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 38% against the previous year. As a result, imports reached the peak of 35K tons, and then fell in the following year.

In value terms, imports of salted, dried or smoked meat, and offal skyrocketed to $126M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.4% 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 +73.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 50%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Import of Salted, Dried or Smoked Meat, and Offal in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands25.024.739.551.627.3%
Germany22.318.424.222.80.7%
Italy8.56.411.212.212.8%
Denmark5.13.15.37.714.7%
France4.85.39.77.315.0%
Poland4.03.74.26.919.9%
Portugal1.92.13.25.038.1%
Others12.18.711.512.0-0.3%
Total83.872.410912614.6%

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

  1. Netherlands (11.7K tons)
  2. France (5.5K tons)
  3. Germany (4.4K tons)
  4. Portugal (3.3K tons)
  5. Italy (2.5K tons)
  6. Poland (1.5K tons)
  7. Denmark (0.8K 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 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 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:

  • 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. 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 - Spain