Philippines - 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 the Philippines - 2023
Contents:
- Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in the Philippines (CIF) - 2022
- Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in the Philippines (FOB) - 2022
- Imports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in the Philippines
- Exports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in the Philippines
Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in the Philippines (CIF) - 2022
The average import price for pig meat other than hams or bellies (salted, in brine, dried or smoked) stood at $6,748 per ton in 2022, waning by -32.7% against the previous year. Overall, the import price, however, enjoyed a noticeable expansion. The growth pace was the most rapid in 2020 an increase of 45% against the previous year. The import price peaked at $10,025 per ton in 2021, and then declined markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($21,407 per ton), while the price for Italy ($3,710 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+24.0%), 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 the Philippines (FOB) - 2022
In 2022, the average export price for pig meat other than hams or bellies (salted, in brine, dried or smoked) amounted to $3,882 per ton, falling by -6.6% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 33%. Over the period under review, the average export prices attained the maximum at $4,156 per ton in 2021, and then contracted in the following year.
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 Qatar ($4,361 per ton), while the average price for exports to Hong Kong SAR ($2,227 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 Bahrain (+6.2%), 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 the Philippines
In 2022, the amount of pig meat other than hams or bellies (salted, in brine, dried or smoked) imported into the Philippines skyrocketed to 29 tons, rising by 32% against the previous year. In general, imports, however, showed a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year.
In value terms, imports of pig meat other than hams or bellies (salted, in brine, dried or smoked) contracted to $195K in 2022. Overall, imports, however, showed a sharp slump. The pace of growth appeared the most rapid in 2021 when imports increased by 57%.
| Import of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 43.1 | 5.7 | 6.4 | 90.5 | 28.1% |
| Italy | 8.9 | 2.3 | 13.1 | 73.8 | 102.4% |
| Spain | 24.3 | 4.3 | 3.0 | 19.7 | -6.8% |
| Japan | 0.4 | 0.2 | 0.5 | 10.7 | 199.1% |
| United Kingdom | 6.7 | 2.2 | 2.3 | N/A | -41.4% |
| France | 9.3 | 11.6 | 0.2 | N/A | -85.3% |
| Australia | 10.4 | 3.4 | 3.4 | N/A | -42.8% |
| Canada | 39.7 | 11.2 | 10.0 | N/A | -49.8% |
| Others | 285 | 97.9 | 179 | N/A | -20.7% |
| Total | 427 | 139 | 218 | 195 | -23.0% |
Top Suppliers of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies to the Philippines in 2022:
- Italy (19.9 tons)
- United States (6.3 tons)
- Spain (2.1 tons)
- Japan (0.5 tons)
Exports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in the Philippines
In 2022, the amount of pig meat other than hams or bellies (salted, in brine, dried or smoked) exported from the Philippines dropped significantly to 20 tons, which is down by -26.6% on the previous year. Over the period under review, exports recorded a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 113% against the previous year.
In value terms, exports of pig meat other than hams or bellies (salted, in brine, dried or smoked) declined remarkably to $78K in 2022. In general, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 169%. As a result, the exports attained the peak of $114K, and then contracted notably in the following year.
| Export of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 81.2 | 21.3 | 32.4 | 37.3 | -22.8% |
| Qatar | 13.6 | 12.6 | 43.9 | 29.5 | 29.4% |
| Bahrain | 10.5 | 6.2 | 9.8 | 5.8 | -17.9% |
| Hong Kong SAR | 1.4 | 1.5 | 6.4 | 4.3 | 45.4% |
| Others | 1.3 | 1.0 | 21.9 | 1.6 | 7.2% |
| Total | 108 | 42.6 | 114 | 78.5 | -10.1% |
Top Export Markets for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies from the Philippines in 2022:
- United Arab Emirates (9.6 tons)
- Qatar (6.8 tons)
- Bahrain (1.9 tons)
- Hong Kong SAR (1.9 tons)
This report provides an in-depth analysis of the market for salted, dried, or smoked pig meat other than hams or bellies in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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.
-
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
-
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
-
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
-
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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