United Kingdom - 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 the UK - 2023
Contents:
- Price for Salted, Dried, or Smoked Swine Bellies in the UK (CIF) - 2023
- Price for Salted, Dried, or Smoked Swine Bellies in the UK (FOB) - 2023
- Imports of Salted, Dried, or Smoked Swine Bellies in the UK
- Exports of Salted, Dried, or Smoked Swine Bellies in the UK
Price for Salted, Dried, or Smoked Swine Bellies in the UK (CIF) - 2023
The average import price for swine bellies (salted, in brine, dried or smoked) stood at $5,658 per ton in October 2023, dropping by -6.5% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 8.5% m-o-m. Over the period under review, average import prices hit record highs at $6,446 per ton in May 2023; however, from June 2023 to October 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Italy ($9,667 per ton), while the price for Poland ($2,126 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 France (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Salted, Dried, or Smoked Swine Bellies in the UK (FOB) - 2023
In October 2023, the average export price for swine bellies (salted, in brine, dried or smoked) amounted to $9,594 per ton, leveling off at the previous month. Over the period under review, export price indicated a temperate increase from October 2022 to October 2023: its price increased at an average monthly rate of +2.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for swine bellies (salted, in brine, dried or smoked) decreased by -6.5% against August 2023 indices. The pace of growth appeared the most rapid in May 2023 an increase of 134% m-o-m. The export price peaked at $13,869 per ton in February 2023; however, from March 2023 to October 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Hong Kong SAR ($18,979 per ton), while the average price for exports to Spain ($5,630 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 Hong Kong SAR (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Salted, Dried, or Smoked Swine Bellies in the UK
In 2022, the amount of swine bellies (salted, in brine, dried or smoked) imported into the UK declined to 14K tons, falling by -8.1% compared with the previous year. Over the period under review, imports recorded a deep setback. The smallest decline of -7.2% was in 2021.
In value terms, imports of swine bellies (salted, in brine, dried or smoked) reduced to $78M in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 9.8% against the previous year. As a result, imports reached the peak of $86M, and then declined in the following year.
| Import of Salted, Dried, or Smoked Swine Bellies in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 12.2 | 14.0 | 17.7 | 36.3 | 43.8% |
| Italy | 11.8 | 13.6 | 23.1 | 29.9 | 36.3% |
| Ireland | 10.2 | 19.0 | 34.1 | 3.6 | -29.3% |
| Germany | 17.6 | 15.0 | 4.8 | 3.2 | -43.3% |
| Belgium | 1.6 | 1.4 | 2.5 | 3.2 | 26.0% |
| Denmark | 13.9 | 10.2 | 1.3 | 0.3 | -72.2% |
| Spain | 3.0 | 1.8 | 0.3 | 0.3 | -53.6% |
| Poland | 2.2 | 1.8 | 1.6 | 0.2 | -55.0% |
| Others | 1.2 | 1.4 | 0.5 | 1.1 | -2.9% |
| Total | 73.7 | 78.1 | 85.8 | 78.1 | 2.0% |
Top Suppliers of Salted, Dried, or Smoked Swine Bellies to the UK in 2022:
- Netherlands (8.3K tons)
- Italy (3.3K tons)
- Germany (0.6K tons)
- Ireland (0.6K tons)
- Belgium (0.6K tons)
- Denmark (0.1K tons)
Exports of Salted, Dried, or Smoked Swine Bellies in the UK
In 2022, the amount of swine bellies (salted, in brine, dried or smoked) exported from the UK fell slightly to 651 tons, dropping by -4.1% against the previous year's figure. Overall, exports saw a dramatic setback.
In value terms, exports of swine bellies (salted, in brine, dried or smoked) fell to $4M in 2022. In general, exports faced a dramatic slump.
| Export of Salted, Dried, or Smoked Swine Bellies in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 5.8 | 3.5 | 1.2 | 1.3 | -39.3% |
| Ireland | 10.7 | 8.0 | 2.9 | 0.4 | -66.6% |
| Hong Kong SAR | 0.1 | N/A | 0.2 | 0.2 | 26.0% |
| Spain | 1.9 | 1.7 | N/A | N/A | -10.5% |
| Bermuda | N/A | N/A | N/A | N/A | 0% |
| Malta | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Netherlands | 2.8 | 0.1 | N/A | N/A | -96.4% |
| Others | 2.5 | 1.2 | 0.1 | 2.2 | -4.2% |
| Total | 24.0 | 14.6 | 4.5 | 4.0 | -45.0% |
Top Export Markets for Salted, Dried, or Smoked Swine Bellies from the UK in 2022:
- France (177.5 tons)
- Ireland (76.2 tons)
- Hong Kong SAR (21.2 tons)
- Bermuda (4.9 tons)
This report provides an in-depth analysis of the market for salted, dried, or smoked swine bellies in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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