Spain - Bellies And Cuts Of Swine (Salted, In Brine, Dried Or Smoked) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Spain - Bellies And Cuts Of Swine (Salted, In Brine, Dried Or Smoked) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Salted, Dried, or Smoked Swine Bellies in Spain - 2023

Contents:

  1. Price for Salted, Dried, or Smoked Swine Bellies in Spain (FOB) - 2023
  2. Price for Salted, Dried, or Smoked Swine Bellies in Spain (CIF) - 2023
  3. Exports of Salted, Dried, or Smoked Swine Bellies in Spain
  4. Imports of Salted, Dried, or Smoked Swine Bellies in Spain

Price for Salted, Dried, or Smoked Swine Bellies in Spain (FOB) - 2023

In September 2023, the average export price for swine bellies (salted, in brine, dried or smoked) amounted to $2,470 per ton, with an increase of 8.3% against the previous month. Overall, the export price, however, showed a mild downturn. The pace of growth was the most pronounced in April 2023 when the average export price increased by 32% against the previous month. Over the period under review, the average export prices hit record highs at $3,066 per ton in May 2023; however, from June 2023 to September 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($16,221 per ton), while the average price for exports to Sweden ($662 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+21.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Salted, Dried, or Smoked Swine Bellies in Spain (CIF) - 2023

The average import price for swine bellies (salted, in brine, dried or smoked) stood at $8,184 per ton in September 2023, dropping by -16.3% against the previous month. In general, the import price, however, saw a mild expansion. The most prominent rate of growth was recorded in February 2023 an increase of 16% month-to-month. The import price peaked at $9,774 per ton in August 2023, and then reduced sharply in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($9,135 per ton), while the price for the Netherlands ($5,052 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Poland (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Salted, Dried, or Smoked Swine Bellies in Spain

In 2022, overseas shipments of swine bellies (salted, in brine, dried or smoked) were finally on the rise to reach 5.7K tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of swine bellies (salted, in brine, dried or smoked) soared to $15M in 2022. Over the period under review, exports continue to indicate buoyant growth. 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 Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2,7331,7371,4493,96213.2%
Italy1,4321,4391,4312,06312.9%
Cuba5.98.620.11,559541.7%
Sweden5849726361,35332.3%
Netherlands8481,0561,041723-5.2%
Portugal5324475006517.0%
Germany55.743128135986.1%
Lithuania1981720.789.7-23.2%
Others2,7152,4132,5683,87812.6%
Total9,1048,6747,92814,63817.2%

Top Export Markets for Salted, Dried, or Smoked Swine Bellies from Spain in 2022:

  1. Sweden (1498.6 tons)
  2. Italy (1277.8 tons)
  3. Netherlands (818.4 tons)
  4. France (772.8 tons)
  5. Germany (328.1 tons)
  6. Cuba (253.6 tons)
  7. Portugal (100.7 tons)
  8. Lithuania (45.8 tons)

Imports of Salted, Dried, or Smoked Swine Bellies in Spain

In 2022, the amount of swine bellies (salted, in brine, dried or smoked) imported into Spain skyrocketed to 380 tons, picking up by 41% on the previous year's figure. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 46% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of swine bellies (salted, in brine, dried or smoked) surged to $2.7M in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 68%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Salted, Dried, or Smoked Swine Bellies in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy9051,1641,7271,98830.0%
Germany60.153.284.317542.8%
IrelandN/A5097.6149-45.9%
France4.3143170137217.0%
NetherlandsN/A77.92.468.6-6.2%
Poland85.131.530.465.4-8.4%
Portugal51.515.11.056.93.4%
United Kingdom13393.127.2N/A-54.8%
Others3.50.124.025.994.9%
Total1,2432,0882,0742,66729.0%

Top Suppliers of Salted, Dried, or Smoked Swine Bellies to Spain in 2022:

  1. Italy (235.4 tons)
  2. France (30.8 tons)
  3. Germany (28.9 tons)
  4. Poland (27.9 tons)
  5. Ireland (20.5 tons)
  6. Portugal (18.1 tons)
  7. Netherlands (15.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for salted, dried, or smoked swine bellies in Spain. 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:

  • Spain

Data coverage:

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