Congo: Pork Market Overview 2020

Pork Market Size in Congo

The revenue of the pork market in Congo amounted to $X in 2018, reducing by -X% against the previous year. Overall, pork consumption, however, continues to indicate a strong increase. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Congo pork consumption peaked at $X in 2017, and then declined slightly in the following year.

Pork Production in Congo

In value terms, pork production totaled $X in 2018 estimated in export prices. In general, pork production continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, pork production attained its peak figure level at $X in 2012; however, from 2013 to 2018, production remained at a lower figure.

Pork Exports

Exports from Congo

In 2018, the amount of pork exported from Congo amounted to X tonnes, picking up by X% against the previous year. Over the period under review, pork exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. Over the period under review, pork exports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

In value terms, pork exports totaled $X in 2018. Over the period under review, pork exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Congo exports peaked at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

The countries with the highest levels of pork exports in 2018 were the U.S. (X tonnes), Germany (X tonnes), Spain (X tonnes), Denmark (X tonnes), Canada (X tonnes), the Netherlands (X tonnes), Belgium (X tonnes), Brazil (X tonnes), Poland (X tonnes) and France (X tonnes), together recording X% of total export.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Congo, while the other leaders experienced more modest paces of growth.

In value terms, the largest pork markets from Congo were the U.S. ($X), Germany ($X) and Spain ($X), together accounting for X% of total exports. These countries were followed by Denmark, Canada, the Netherlands, Brazil, Belgium, Poland, France and Congo, which together accounted for a further X the main exporting countries, Poland experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the pork export price in Congo amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the pork export price continues to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2010 when the export price increased by X% against the previous year. Congo export price peaked at $X per tonne in 2012; however, from 2013 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Brazil ($X per tonne), while Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Brazil, while the other leaders experienced more modest paces of growth.

Pork Imports

Imports into Congo

In 2018, the imports of pork into Congo amounted to X tonnes, coming down by -X% against the previous year. In general, pork imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, pork imports reached their maximum at X tonnes in 2017, and then declined slightly in the following year.

In value terms, pork imports stood at $X in 2018. In general, pork imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. In that year, pork imports attained their peak of $X, and then declined slightly in the following year.

Imports by Country

In 2018, China (X tonnes), Japan (X tonnes), Italy (X tonnes), Germany (X tonnes), Mexico (X tonnes) and Poland (X tonnes) represented the key importers of pork in the world, creating X% of total import. South Korea (X tonnes), the UK (X tonnes), the U.S. (X tonnes), China, Hong Kong SAR (X tonnes), Russia (X tonnes) and France (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported pork into Congo, comprising X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by Italy, with a X% share.

In Japan, pork imports increased at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: China (+X% per year) and Italy (-X% per year).

Import Prices by Country

In 2018, the pork import price in Congo amounted to $X per tonne, declining by -X% against the previous year. In general, the pork import price continues to indicate a pronounced deduction. The pace of growth appeared the most rapid in 2017 when the import price increased by X% y-o-y. Congo import price peaked at $X per tonne in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Japan ($X per tonne), while Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform