China - 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 China - 2023
Contents:
- Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in China (CIF) - 2023
- Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in China (FOB) - 2023
- Imports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in China
- Exports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in China
Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in China (CIF) - 2023
In December 2023, the average import price for pig meat other than hams or bellies (salted, in brine, dried or smoked) amounted to $15,565 per ton, falling by -17.2% against the previous month. In general, the import price showed a slight setback. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 18% month-to-month. Over the period under review, average import prices hit record highs at $19,412 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to -1.7% per month.
Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in China (FOB) - 2023
In December 2023, the average export price for pig meat other than hams or bellies (salted, in brine, dried or smoked) amounted to $11,642 per ton, with an increase of 3.7% against the previous month. Overall, export price indicated a moderate increase from December 2022 to December 2023: its price increased at an average monthly rate of +2.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for pig meat other than hams or bellies (salted, in brine, dried or smoked) increased by +3.0% against June 2023 indices. The most prominent rate of growth was recorded in March 2023 an increase of 85% month-to-month. As a result, the export price reached the peak level of $12,950 per ton. From April 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Macao SAR ($14,786 per ton), while the average price for exports to Thailand ($9,089 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+3.8%), 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 China
After three years of growth, supplies from abroad of pig meat other than hams or bellies (salted, in brine, dried or smoked) decreased by -21.1% to 1.1K tons in 2022. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 112% against the previous year. As a result, imports attained the peak of 1.3K tons, and then shrank dramatically in the following year.
In value terms, imports of pig meat other than hams or bellies (salted, in brine, dried or smoked) fell notably to $21M in 2022. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 76%. As a result, imports attained the peak of $26M, and then fell rapidly in the following year.
| Import of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 8.0 | 12.0 | 20.5 | 20.3 | 36.4% |
| Italy | 2.7 | 2.5 | 5.1 | 0.7 | -36.2% |
| Myanmar | 0.3 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 11.2 | 14.6 | 25.6 | 21.0 | 23.3% |
Top Suppliers of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies to China in 2022:
- Spain (1005.8 tons)
- Italy (49.7 tons)
Exports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in China
In 2022, approx. 154 tons of pig meat other than hams or bellies (salted, in brine, dried or smoked) were exported from China; dropping by -29.1% compared with the previous year. Overall, exports recorded a pronounced setback. The pace of growth was the most pronounced in 2021 when exports increased by 89%. As a result, the exports attained the peak of 217 tons, and then shrank markedly in the following year.
In value terms, exports of pig meat other than hams or bellies (salted, in brine, dried or smoked) declined notably to $1.7M in 2022. In general, exports, however, recorded a slight expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 91% against the previous year. As a result, the exports attained the peak of $2.5M, and then contracted notably in the following year.
| Export of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 335 | 262 | 320 | 272 | -6.7% |
| Hong Kong SAR | 1,250 | N/A | N/A | N/A | 0% |
| Others | 37.4 | 1,063 | 2,214 | 1,407 | 235.1% |
| Total | 1,621 | 1,325 | 2,534 | 1,678 | 1.2% |
Top Export Markets for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies from China in 2022:
- Thailand (20.7 tons)
This report provides an in-depth analysis of the market for salted, dried, or smoked pig meat other than hams or bellies in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
454
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