Eastern Europe: Market for Pig Meat other than Hams or Bellies (Salted, in Brine, Dried or Smoked) 2024

Market Size for Pig Meat other than Hams or Bellies (Salted, in Brine, Dried or Smoked) in Eastern Europe

The East European market for pig meat other than hams or bellies (salted, in brine, dried or smoked) expanded significantly to $X in 2022, rising by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level in 2022 and is likely to see gradual growth in years to come.

Production of Pig Meat other than Hams or Bellies (Salted, in Brine, Dried or Smoked) in Eastern Europe

In value terms, production of pig meat other than hams or bellies (salted, in brine, dried or smoked) totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

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Exports of Pig Meat other than Hams or Bellies (Salted, in Brine, Dried or Smoked)

Exports in Eastern Europe

In 2022, the amount of pig meat other than hams or bellies (salted, in brine, dried or smoked) exported in Eastern Europe stood at X tons, rising by X% compared with 2021. In general, exports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports of reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of pig meat other than hams or bellies (salted, in brine, dried or smoked) expanded remarkably to $X in 2022. Overall, exports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Hungary was the largest exporter of pig meat other than hams or bellies (salted, in brine, dried or smoked) in Eastern Europe, with the volume of exports finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by Poland (X tons), the Czech Republic (X tons), Belarus (X tons) and Lithuania (X tons), together comprising a X% share of total exports. Latvia (X tons) and Romania (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to salted, dried, or smoked pig meat other than hams or bellies exports from Hungary stood at X%. At the same time, Latvia (X%), the Czech Republic (X%), Lithuania (X%) and Romania (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Belarus (X%) and Poland (X%) illustrated a downward trend over the same period. While the share of Hungary (X p.p.), the Czech Republic (X p.p.), Lithuania (X p.p.), Belarus (X p.p.), Latvia (X p.p.) and Romania (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Poland (X p.p.) displayed negative dynamics.

In value terms, Hungary ($X) remains the largest salted, dried, or smoked pig meat other than hams or bellies supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by the Czech Republic, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Hungary stood at X%. In the other countries, the average annual rates were as follows: Poland (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, falling by X% against the previous year. Export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for pig meat other than hams or bellies (salted, in brine, dried or smoked) increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped modestly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Latvia ($X per ton), while the Czech Republic ($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 (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Pig Meat other than Hams or Bellies (Salted, in Brine, Dried or Smoked)

Imports in Eastern Europe

Imports of pig meat other than hams or bellies (salted, in brine, dried or smoked) totaled X tons in 2022, remaining constant against 2021. Total imports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of X%. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, imports of pig meat other than hams or bellies (salted, in brine, dried or smoked) fell modestly to $X in 2022. Overall, imports recorded a notable increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports of attained the peak figure at $X in 2021, and then contracted modestly in the following year.

Imports by Country

In 2022, the Czech Republic (X tons), distantly followed by Romania (X tons), Poland (X tons), Slovakia (X tons), Hungary (X tons), Ukraine (X tons), Lithuania (X tons) and Latvia (X tons) represented the largest importers of pig meat other than hams or bellies (salted, in brine, dried or smoked), together creating X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Ukraine (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest salted, dried, or smoked pig meat other than hams or bellies importing markets in Eastern Europe were the Czech Republic ($X), Poland ($X) and Romania ($X), together accounting for X% of total imports. Hungary, Slovakia, Ukraine, Lithuania and Latvia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Ukraine, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the import price increased by X%. The level of import peaked at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ukraine ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform