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U.S. Sausage, Canned Meat, And Meat By-Product Market. Analysis And Forecast to 2030
Report Update: Apr 8, 2024

U.S. Sausage, Canned Meat, And Meat By-Product Market. Analysis And Forecast to 2030

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Sausage Price in the United States - 2023

Contents:

  1. Sausage Price in the United States (FOB) - 2023
  2. Sausage Price in the United States (CIF) - 2022
  3. Sausage Exports in the United States
  4. Sausage Imports in the United States

Sausage Price in the United States (FOB) - 2023

The average sausage export price stood at $966 per ton in August 2023, reducing by -6% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 19% m-o-m. Over the period under review, the average export prices hit record highs at $1,092 per ton in April 2023; however, from May 2023 to August 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Canada ($1,460 per ton), while the average price for exports to Vietnam ($497 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Sausage Price in the United States (CIF) - 2022

The average sausage import price stood at $1,737 per ton in 2022, rising by 17% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 25% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($5,491 per ton), while the price for Denmark ($1,397 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+46.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Sausage Exports in the United States

In 2022, shipments abroad of sausage, canned meat, and meat by-product decreased by -9.7% to 2M tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 26%. As a result, the exports attained the peak of 2.3M tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, sausage exports declined to $2B in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, the exports reached the peak of $2.1B, and then contracted in the following year.

Export of Sausage in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore19936160942929.2%
Canada16418926228920.8%
Mexico19519932628513.5%
Indonesia12512517122020.7%
China1191531451559.2%
Vietnam66.110911413125.6%
Philippines14.224.039.060.261.8%
United Kingdom46.457.610440.0-4.8%
Chile44.410.322.832.7-9.7%
Netherlands53.356.128.327.0-20.3%
Others2833292993163.7%
Total1,3091,6132,1201,98514.9%

Top Export Markets for Sausage from the United States in 2022:

  1. Indonesia (358.3K tons)
  2. Mexico (325.6K tons)
  3. Singapore (288.1K tons)
  4. Canada (250.5K tons)
  5. Vietnam (178.1K tons)
  6. China (146.3K tons)
  7. Philippines (99.0K tons)
  8. Chile (55.0K tons)
  9. United Kingdom (26.3K tons)
  10. Netherlands (14.9K tons)

Sausage Imports in the United States

For the fourth year in a row, the United States recorded growth in purchases abroad of sausage, canned meat, and meat by-product, which increased by 60% to 1.3M tons in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sausage imports surged to $2.3B in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sausage in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada24528347184651.1%
Australia13211019853259.1%
New Zealand10386.012222529.8%
Brazil60.859.184.316539.5%
China81.962.688.482.70.3%
Uruguay0.7N/A8.876.7378.5%
France27.024.531.532.86.7%
Denmark7.715.017.030.458.0%
Others15419023334430.7%
Total8118301,2552,33542.3%

Top Suppliers of Sausage to the United States in 2022:

  1. Canada (570.1K tons)
  2. Australia (334.7K tons)
  3. New Zealand (111.6K tons)
  4. Brazil (85.1K tons)
  5. Uruguay (49.8K tons)
  6. Denmark (21.8K tons)
  7. France (18.4K tons)
  8. China (15.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sausage market in the U.S.. 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:

  • NAICS 311613 - Rendering and meat by-product processing

Companies mentioned:

  • Darling Ingredients
  • Griffin Industries
  • Baker Commodities
  • R U K Ltd
  • Neatsfoot Oil Refineries Corp
  • Geo. Pfau's Sons Company
  • Inland Products
  • Hrr Enterprises
  • Ace Grease Service
  • Texas By-Products Partnership
  • Park West Enterprises
  • Tallowmasters
  • Kruger Commodities
  • Mendota Agri-Products
  • Riegel By-Products Co
  • Valley By Products
  • Marine Polymer Technologies
  • Kane-Miller Corp
  • Sanimax Ato
  • Hahn & Phillips Grease Company
  • Nupro Industries Corporation
  • W B Riggins Tallow Co
  • H.T.C. Industries
  • North State Rendering, Co.
  • Nevada Byproducts
  • Istamer
  • Simmons Feed Ingredients

Country coverage:

  • United States

Data coverage:

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