Australia - Bellies And Cuts Of Swine (Salted, In Brine, Dried Or Smoked) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Salted, Dried, or Smoked Swine Bellies in Australia - 2023
Contents:
- Price for Salted, Dried, or Smoked Swine Bellies in Australia (CIF) - 2023
- Price for Salted, Dried, or Smoked Swine Bellies in Australia (FOB) - 2022
- Imports of Salted, Dried, or Smoked Swine Bellies in Australia
- Exports of Salted, Dried, or Smoked Swine Bellies in Australia
Price for Salted, Dried, or Smoked Swine Bellies in Australia (CIF) - 2023
In October 2023, the average import price for swine bellies (salted, in brine, dried or smoked) amounted to $4,966 per ton, standing approximately at the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 0.9% against the previous month. As a result, import price reached the peak level of $5,132 per ton. From July 2023 to October 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Denmark.
From November 2022 to October 2023, the rate of growth in terms of prices for Denmark amounted to -0.1% per month.
Price for Salted, Dried, or Smoked Swine Bellies in Australia (FOB) - 2022
In 2022, the average export price for swine bellies (salted, in brine, dried or smoked) amounted to $3,130 per ton, growing by 19% against the previous year. In general, the export price, however, showed a pronounced descent. The pace of growth was the most pronounced in 2013 when the average export price increased by 58% against the previous year. Over the period under review, the average export prices attained the peak figure at $7,418 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
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 New Zealand ($16,697 per ton), while the average price for exports to the Philippines ($1,178 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 New Zealand (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Salted, Dried, or Smoked Swine Bellies in Australia
In 2022, overseas purchases of swine bellies (salted, in brine, dried or smoked) were finally on the rise to reach 259 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a deep downturn.
In value terms, imports of swine bellies (salted, in brine, dried or smoked) rose sharply to $1.3M in 2022. Overall, imports, however, showed a deep downturn.
| Import of Salted, Dried, or Smoked Swine Bellies in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 1.0 | 1.3 | 1.2 | 1.3 | 9.1% |
| United States | 1.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.0 | 1.3 | 1.2 | 1.3 | -13.4% |
Top Suppliers of Salted, Dried, or Smoked Swine Bellies to Australia in 2022:
- Denmark (258.7 tons)
Exports of Salted, Dried, or Smoked Swine Bellies in Australia
Exports of swine bellies (salted, in brine, dried or smoked) from Australia surged to 72 tons in 2022, jumping by 23% against the previous year. In general, exports recorded a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 264%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, exports of swine bellies (salted, in brine, dried or smoked) skyrocketed to $224K in 2022. Overall, total exports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +3.2% 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 +91.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Salted, Dried, or Smoked Swine Bellies in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Papua New Guinea | 79.9 | 4.6 | 53.5 | 115 | 12.9% |
| New Zealand | 2.3 | 34.0 | 1.0 | 32.9 | 142.7% |
| Solomon Islands | 46.6 | 19.3 | 28.6 | 28.5 | -15.1% |
| Nauru | 13.2 | 20.1 | 21.1 | 27.4 | 27.6% |
| Philippines | N/A | N/A | 19.4 | 17.7 | -8.8% |
| Vanuatu | 50.1 | 31.9 | 23.8 | 2.4 | -63.7% |
| Others | 11.7 | 7.1 | 5.2 | 0.9 | -57.5% |
| Total | 204 | 117 | 153 | 224 | 3.2% |
Top Export Markets for Salted, Dried, or Smoked Swine Bellies from Australia in 2022:
- Papua New Guinea (42.5 tons)
- Philippines (15.0 tons)
- Nauru (7.8 tons)
- Solomon Islands (4.0 tons)
- New Zealand (2.0 tons)
- Vanuatu (0.3 tons)
This report provides an in-depth analysis of the market for salted, dried, or smoked swine bellies in Australia. 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 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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
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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
352
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