Eastern Europe: Market for Frozen Pig Meat Other Than Cuts Or Carcases 2024

Market Size for Frozen Pig Meat Other Than Cuts Or Carcases in Eastern Europe

In 2022, the East European market for frozen pig meat other than cuts or carcases increased by 9.2% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, saw a noticeable contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Frozen Pig Meat Other Than Cuts Or Carcases in Eastern Europe

In value terms, production of frozen pig meat other than cuts or carcases fell to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of 49%. Over the period under review, production of hit record highs at $X in 2021, and then contracted slightly in the following year.

The country with the largest volume of production of frozen pig meat other than cuts or carcases was Russia (X tons), comprising approx. 71% of total volume. Moreover, production of frozen pig meat other than cuts or carcases in Russia exceeded the figures recorded by the second-largest producer, Poland (X tons), threefold.

In Russia, production of frozen pig meat other than cuts or carcases expanded at an average annual rate of +22.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Poland (-3.0% per year) and Belarus (+13.2% per year).

Exports of Frozen Pig Meat Other Than Cuts Or Carcases

Exports in Eastern Europe

After two years of growth, shipments abroad of frozen pig meat other than cuts or carcases decreased by -10.4% to X tons in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by 18%. The volume of export peaked at X tons in 2021, and then dropped in the following year.

In value terms, exports of frozen pig meat other than cuts or carcases shrank to $X in 2022. Overall, exports recorded a noticeable downturn. The growth pace was the most rapid in 2017 when exports increased by 28%. Over the period under review, the exports of reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Poland (X tons) represented the main exporter of frozen pig meat other than cuts or carcases, achieving 55% of total exports. Russia (X tons) ranks second in terms of the total exports with a 23% share, followed by Hungary (13%). The Czech Republic (X tons) followed a long way behind the leaders.

Poland experienced a relatively flat trend pattern with regard to volume of exports of frozen pig meat other than cuts or carcases. At the same time, Russia (+121.7%) and the Czech Republic (+4.3%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +121.7% from 2012-2022. By contrast, Hungary (-4.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia increased by +23 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest frozen pig meat other than cuts or carcases supplier in Eastern Europe, comprising 53% of total exports. The second position in the ranking was held by Russia ($X), with a 24% share of total exports. It was followed by Hungary, with a 16% share.

In Poland, exports of frozen pig meat other than cuts or carcases decreased by an average annual rate of -1.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Russia (+110.0% per year) and Hungary (-6.8% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, with an increase of 2.1% against the previous year. Over the period under review, the export price, however, saw a noticeable slump. The pace of growth appeared the most rapid in 2017 an increase of 13%. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-2.0%), while the other leaders experienced a decline in the export price figures.

Imports of Frozen Pig Meat Other Than Cuts Or Carcases

Imports in Eastern Europe

Imports of frozen pig meat other than cuts or carcases soared to X tons in 2022, with an increase of 19% against 2021. Overall, imports, however, recorded a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 20%. Over the period under review, imports of reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of frozen pig meat other than cuts or carcases skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a abrupt descent. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Romania (X tons) and Poland (X tons) were the major importers of frozen pig meat other than cuts or carcases in Eastern Europe, together achieving 46% of total imports. Bulgaria (X tons) took a 12% share (based on physical terms) of total imports, which put it in second place, followed by the Czech Republic (9.6%), Hungary (7.5%), Belarus (6.4%) and Ukraine (5.4%).

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +8.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Poland ($X) and Bulgaria ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 57% of total imports.

In terms of the main importing countries, Romania, with a CAGR of +5.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, with an increase of 6.5% against the previous year. Overall, the import price, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2017 when the import price increased by 18% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Belarus ($X per ton) and Ukraine ($X per ton), while the Czech Republic ($X per ton) and Bulgaria ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+0.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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