Ireland - Pig Meat Salted (Salted, In Brine, Dried Or Smoked) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Ireland - Pig Meat Salted (Salted, In Brine, Dried Or Smoked) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Ireland - 2023

Contents:

  1. Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Ireland (CIF) - 2023
  2. Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Ireland (FOB) - 2023
  3. Imports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Ireland
  4. Exports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Ireland

Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Ireland (CIF) - 2023

The average import price for pig meat other than hams or bellies (salted, in brine, dried or smoked) stood at $4,829 per ton in October 2023, surging by 2% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.6%. The growth pace was the most rapid in March 2023 when the average import price increased by 18% against the previous month. The import price peaked at $5,244 per ton in July 2023; however, from August 2023 to October 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Italy ($15,655 per ton), while the price for the Netherlands ($4,146 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Ireland (FOB) - 2023

The average export price for pig meat other than hams or bellies (salted, in brine, dried or smoked) stood at $5,767 per ton in October 2023, approximately reflecting the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.2%. The most prominent rate of growth was recorded in December 2022 an increase of 15% m-o-m. Over the period under review, the average export prices hit record highs at $6,017 per ton in August 2023; however, from September 2023 to October 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In October 2023, the country with the highest price was the UK ($5,830 per ton), while the average price for exports to Belgium ($4,293 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.1%), 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 Ireland

In 2022, supplies from abroad of pig meat other than hams or bellies (salted, in brine, dried or smoked) decreased by 0% to 21K tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2020 when imports increased by 2.9% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of pig meat other than hams or bellies (salted, in brine, dried or smoked) totaled $75M in 2022. Over the period under review, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 22% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands27.922.3N/A32.04.7%
United Kingdom4.622.2N/A25.075.8%
Italy2.23.3N/A5.535.7%
Denmark5.94.2N/A4.7-7.3%
Germany3.23.4N/A3.42.0%
France1.10.7N/A1.920.0%
Others2.11.3N/A2.10.0%
Total47.057.4N/A74.616.6%

Top Suppliers of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies to Ireland in 2022:

  1. Netherlands (11.5K tons)
  2. United Kingdom (6.2K tons)
  3. Denmark (1.8K tons)
  4. Germany (0.7K tons)
  5. France (0.6K tons)
  6. Italy (0.4K tons)

Exports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Ireland

After three years of growth, shipments abroad of pig meat other than hams or bellies (salted, in brine, dried or smoked) decreased by -0.7% to 11K tons in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47%.

In value terms, exports of pig meat other than hams or bellies (salted, in brine, dried or smoked) declined to $45M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 57% against the previous year.

Export of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom29.247.2N/A41.512.4%
Spain0.10.1N/A1.6152.0%
United Arab Emirates0.30.149.5N/A1184.5%
Others1.00.7N/A1.821.6%
Total30.748.049.544.913.5%

Top Export Markets for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies from Ireland in 2022:

  1. United Kingdom (10.0K tons)
  2. Spain (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for salted, dried, or smoked pig meat other than hams or bellies in Ireland. 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 Ireland
  • 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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