Italy - 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 Italy - 2023
Contents:
- Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Italy (FOB) - 2023
- Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Italy (CIF) - 2023
- Exports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Italy
- Imports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Italy
Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Italy (FOB) - 2023
In October 2023, the average export price for pig meat other than hams or bellies (salted, in brine, dried or smoked) amounted to $17,052 per ton, with an increase of 12% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Switzerland ($21,842 per ton), while the average price for exports to Brazil ($11,900 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 Croatia (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Italy (CIF) - 2023
The average import price for pig meat other than hams or bellies (salted, in brine, dried or smoked) stood at $7,171 per ton in August 2023, dropping by -7.6% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 11% m-o-m. The import price peaked at $7,757 per ton in July 2023, and then dropped in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($10,159 per ton), while the price for the Netherlands ($4,224 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Italy
In 2022, approx. 72K tons of pig meat other than hams or bellies (salted, in brine, dried or smoked) were exported from Italy; picking up by 2.6% on the previous year. The total export volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of pig meat other than hams or bellies (salted, in brine, dried or smoked) dropped modestly to $960M in 2022. The total export value increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 18%. As a result, the exports reached the peak of $999M, and then reduced modestly in the following year.
| Export of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 163 | 164 | 188 | 199 | 6.9% |
| United States | 120 | 119 | 166 | 178 | 14.0% |
| Germany | 158 | 160 | 173 | 153 | -1.1% |
| United Kingdom | 77.5 | 80.9 | 80.4 | 72.2 | -2.3% |
| Belgium | 51.3 | 55.3 | 60.4 | 54.7 | 2.2% |
| Austria | 38.6 | 39.7 | 44.2 | 46.1 | 6.1% |
| Netherlands | 26.1 | 27.1 | 32.8 | 30.0 | 4.8% |
| Switzerland | 25.4 | 26.9 | 29.2 | 29.7 | 5.4% |
| Sweden | 19.2 | 21.9 | 25.3 | 22.9 | 6.1% |
| Canada | 15.7 | 11.2 | 16.1 | 19.9 | 8.2% |
| Croatia | 11.8 | 6.8 | 9.3 | 12.1 | 0.8% |
| Spain | 6.4 | 4.4 | 6.4 | 6.1 | -1.6% |
| Japan | 22.8 | 20.9 | 22.5 | 2.9 | -49.7% |
| Others | 104 | 107 | 146 | 133 | 8.5% |
| Total | 839 | 846 | 999 | 960 | 4.6% |
Top Export Markets for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies from Italy in 2022:
- France (16.4K tons)
- United States (12.5K tons)
- Germany (11.2K tons)
- United Kingdom (4.4K tons)
- Austria (4.3K tons)
- Belgium (3.5K tons)
- Netherlands (1.8K tons)
- Croatia (1.8K tons)
- Canada (1.5K tons)
- Switzerland (1.5K tons)
- Sweden (1.4K tons)
- Spain (1.1K tons)
- Japan (0.3K tons)
Imports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Italy
In 2022, the amount of pig meat other than hams or bellies (salted, in brine, dried or smoked) imported into Italy expanded to 13K tons, picking up by 4.2% on 2021 figures. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 7.6%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of pig meat other than hams or bellies (salted, in brine, dried or smoked) rose slightly to $75M in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 5.5% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 23.0 | 19.5 | 23.9 | 28.2 | 7.0% |
| Germany | 26.1 | 29.3 | 25.8 | 22.7 | -4.5% |
| Austria | 15.2 | 17.4 | 18.9 | 20.8 | 11.0% |
| France | 0.9 | 1.1 | 1.2 | 1.1 | 6.9% |
| Netherlands | 1.0 | 1.1 | 1.6 | 0.9 | -3.5% |
| Others | 2.1 | 1.4 | 2.3 | 1.5 | -10.6% |
| Total | 68.4 | 69.8 | 73.7 | 75.2 | 3.2% |
Top Suppliers of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies to Italy in 2022:
- Germany (5.1K tons)
- Spain (4.5K tons)
- Austria (2.4K tons)
- Netherlands (0.3K tons)
- France (0.2K tons)
This report provides an in-depth analysis of the market for salted, dried, or smoked pig meat other than hams or bellies 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 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:
- 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:
- 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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