Czech Republic: Bacon And Ham Market 2022

Bacon And Ham Market Size in the Czech Republic

The Czech bacon and ham market dropped modestly to $X in 2021, approximately reflecting the previous year. Overall, consumption, however, recorded a pronounced downturn. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Bacon And Ham Production in the Czech Republic

In value terms, bacon and ham production amounted to $X in 2021 estimated in export price. In general, production, however, saw a deep slump. The growth pace was the most rapid in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Bacon And Ham Exports

Exports from the Czech Republic

In 2021, the amount of bacon, ham and other dried, salted or smoked pig meat exported from the Czech Republic skyrocketed to X tons, picking up by X% compared with 2020 figures. In general, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, bacon and ham exports surged to $X in 2021. Overall, total exports indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2015 indices. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

Slovakia (X tons) was the main destination for bacon and ham exports from the Czech Republic, with a X% share of total exports. Moreover, bacon and ham exports to Slovakia exceeded the volume sent to the second major destination, Austria (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Slovakia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-X% per year) and the UK (+X% per year).

In value terms, Slovakia ($X) remains the key foreign market for bacon and ham exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was occupied by Austria ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Slovakia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-X% per year) and the UK (+X% per year).

Export Prices by Country

The average bacon and ham export price stood at $X per ton in 2021, dropping by -X% against the previous year. Over the period under review, the export price saw a perceptible shrinkage. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Austria ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+X%), while the prices for the other major destinations experienced a decline.

Bacon And Ham Imports

Imports into the Czech Republic

Bacon and ham imports into the Czech Republic was estimated at X tons in 2021, remaining relatively unchanged against the previous year. Overall, imports recorded a strong expansion. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, bacon and ham imports reached $X in 2021. In general, imports posted buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), Poland (X tons) and Slovakia (X tons) were the main suppliers of bacon and ham imports to the Czech Republic, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in Poland (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of bacon and ham to the Czech Republic, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Poland (+X% per year).

Import Prices by Country

In 2021, the average bacon and ham import price amounted to $X per ton, rising by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform