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

Portugal - 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 Portugal - 2023

Contents:

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

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

The average import price for pig meat other than hams or bellies (salted, in brine, dried or smoked) stood at $8,722 per ton in October 2023, remaining relatively unchanged against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 13% m-o-m. The import price peaked at $9,575 per ton in May 2023; however, from June 2023 to October 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($18,397 per ton), while the price for Spain ($8,450 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 Italy (+3.3%), 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 Portugal (FOB) - 2023

The average export price for pig meat other than hams or bellies (salted, in brine, dried or smoked) stood at $9,728 per ton in October 2023, dropping by -2.1% against the previous month. Overall, the export price, however, recorded a pronounced expansion. The most prominent rate of growth was recorded in May 2023 an increase of 54% against the previous month. The export price peaked at $9,939 per ton in September 2023, and then declined in the following month.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Japan ($13,959 per ton), while the average price for exports to Switzerland ($6,059 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 Ireland (+9.7%), 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 Portugal

In 2022, approx. 4.9K tons of pig meat other than hams or bellies (salted, in brine, dried or smoked) were imported into Portugal; approximately reflecting the year before. Overall, imports saw a slight decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year.

In value terms, imports of pig meat other than hams or bellies (salted, in brine, dried or smoked) dropped to $36M in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 16%. As a result, imports reached the peak of $36M, leveling off in the following year.

Import of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain28.726.630.631.43.0%
Germany2.32.72.92.75.5%
Italy0.80.71.31.420.5%
France0.70.71.10.2-34.1%
Others1.40.70.50.7-20.6%
Total33.931.536.436.32.3%

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

  1. Spain (4275.4 tons)
  2. Germany (324.5 tons)
  3. Italy (130.3 tons)
  4. France (61.4 tons)

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

In 2022, exports of pig meat other than hams or bellies (salted, in brine, dried or smoked) from Portugal surged to 2K tons, picking up by 19% compared with 2021 figures. The total export volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of pig meat other than hams or bellies (salted, in brine, dried or smoked) rose markedly to $10M in 2022. The total export value increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports attained 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 Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1,9332,4473,1592,98015.5%
Spain3,6023,6141,9262,600-10.3%
Angola8654894951,1078.6%
Germany10918848983697.2%
JapanN/AN/A30.56331975.4%
United Kingdom12315639531637.0%
Luxembourg276318437259-2.1%
Ireland0.40.64.8125578.6%
Others1,6561,5992,2501,399-5.5%
Total8,5638,8119,18610,2566.2%

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

  1. Spain (813.4 tons)
  2. France (546.1 tons)
  3. Angola (164.4 tons)
  4. Germany (130.1 tons)
  5. Japan (62.3 tons)
  6. United Kingdom (45.8 tons)
  7. Luxembourg (38.3 tons)
  8. Ireland (36.5 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 Portugal. 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:

  • Portugal

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Portugal
  • 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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