Canada - Pig Meat Salted (Salted, In Brine, Dried Or Smoked) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Canada - 2023
Contents:
- Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Canada (CIF) - 2022
- Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Canada (FOB) - 2022
- Imports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Canada
- Exports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Canada
Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Canada (CIF) - 2022
The average import price for pig meat other than hams or bellies (salted, in brine, dried or smoked) stood at $8,710 per ton in 2022, falling by -10.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2013 an increase of 21%. Over the period under review, average import prices reached the peak figure at $9,726 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($14,952 per ton), while the price for the United States ($6,416 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.2%), while the prices for the other major suppliers experienced a decline.
Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Canada (FOB) - 2022
The average export price for pig meat other than hams or bellies (salted, in brine, dried or smoked) stood at $4,416 per ton in 2022, growing by 3.3% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for pig meat other than hams or bellies (salted, in brine, dried or smoked) increased by +72.0% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 29% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.
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 Australia ($5,379 per ton), while the average price for exports to China ($1,967 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 (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Canada
In 2022, approx. 10K tons of pig meat other than hams or bellies (salted, in brine, dried or smoked) were imported into Canada; picking up by 40% against 2021 figures. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.3% 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 +62.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of pig meat other than hams or bellies (salted, in brine, dried or smoked) soared to $89M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.4% 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 +74.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 21.2 | 25.0 | 31.5 | 46.4 | 29.8% |
| Italy | 27.3 | 30.4 | 36.5 | 39.7 | 13.3% |
| Spain | 1.9 | 1.7 | 2.4 | 2.5 | 9.6% |
| Others | 0.4 | 0.1 | 0.3 | 0.1 | -37.0% |
| Total | 50.8 | 57.2 | 70.7 | 88.7 | 20.4% |
Top Suppliers of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies to Canada in 2022:
- United States (7.2K tons)
- Italy (2.8K tons)
- Spain (0.2K tons)
Exports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Canada
In 2022, shipments abroad of pig meat other than hams or bellies (salted, in brine, dried or smoked) was finally on the rise to reach 6.8K tons after two years of decline. Overall, exports, however, showed a abrupt downturn.
In value terms, exports of pig meat other than hams or bellies (salted, in brine, dried or smoked) rose notably to $30M in 2022. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.2 | 10.5 | 10.6 | 12.5 | -4.2% |
| Panama | 3.5 | 4.2 | 4.6 | 3.6 | 0.9% |
| Trinidad and Tobago | 2.8 | 3.2 | 3.7 | 3.1 | 3.5% |
| Japan | 0.2 | 0.2 | 0.3 | 2.1 | 119.0% |
| Australia | 0.6 | 0.9 | 0.7 | 1.2 | 26.0% |
| Colombia | 0.7 | 0.8 | 0.8 | 1.2 | 19.7% |
| Barbados | 0.7 | 0.7 | 1.2 | 1.0 | 12.6% |
| Cuba | 0.3 | N/A | 0.7 | 0.7 | 32.6% |
| Grenada | 0.6 | 0.7 | 0.8 | 0.7 | 5.3% |
| Mexico | 0.1 | N/A | 0.3 | 0.6 | 81.7% |
| Dominican Republic | N/A | 0.2 | N/A | 0.6 | 73.2% |
| China | 0.2 | 0.5 | 0.2 | 0.3 | 14.5% |
| Taiwan (Chinese) | 0.7 | 0.2 | N/A | 0.1 | -47.7% |
| Others | 4.9 | 3.6 | 2.4 | 2.5 | -20.1% |
| Total | 29.6 | 25.6 | 26.3 | 30.1 | 0.6% |
Top Export Markets for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies from Canada in 2022:
- United States (2530.9 tons)
- Panama (861.5 tons)
- Trinidad and Tobago (676.3 tons)
- Japan (387.8 tons)
- Colombia (319.1 tons)
- Cuba (256.5 tons)
- Dominican Republic (247.7 tons)
- Mexico (235.3 tons)
- Australia (221.8 tons)
- Barbados (211.7 tons)
- Grenada (147.0 tons)
- China (138.5 tons)
- Taiwan (Chinese) (41.7 tons)
This report provides an in-depth analysis of the market for salted, dried, or smoked pig meat other than hams or bellies 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 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)
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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