EU: Bacon And Ham Market 2024

Bacon And Ham Market Size in the EU

The EU bacon and ham market was finally on the rise to reach $X in 2022, after three years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is likely to see gradual growth in the near future.

Bacon And Ham Production in the EU

In value terms, bacon and ham production rose significantly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Bacon And Ham Exports

Exports in the EU

In 2022, shipments abroad of bacon, ham and other dried, salted or smoked pig meat increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, bacon and ham exports shrank to $X in 2022. Overall, exports recorded slight growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then contracted modestly in the following year.

Exports by Country

In 2022, the Netherlands (X tons), distantly followed by Italy (X tons), Spain (X tons), Denmark (X tons) and Germany (X tons) were the main exporters of bacon, ham and other dried, salted or smoked pig meat, together making up X% of total exports. Belgium (X tons) and Ireland (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Ireland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest bacon and ham supplying countries in the European Union were Italy ($X), Spain ($X) and the Netherlands ($X), with a combined X% share of total exports. Germany, Denmark, Belgium and Ireland lagged somewhat behind, together comprising a further X%.

Ireland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, which is down by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2021, and then fell in the following year.

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

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

Bacon And Ham Imports

Imports in the EU

In 2022, the amount of bacon, ham and other dried, salted or smoked pig meat imported in the European Union expanded rapidly to X tons, surging by X% on 2021. The total import volume 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. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, bacon and ham imports declined modestly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then contracted slightly in the following year.

Imports by Country

In 2022, France (X tons) represented the major importer of bacon, ham and other dried, salted or smoked pig meat, comprising X% of total imports. Ireland (X tons) held the second position in the ranking, followed by Germany (X tons), Italy (X tons), Denmark (X tons), Belgium (X tons) and Portugal (X tons). All these countries together held near X% share of total imports. The Netherlands (X tons), Austria (X tons), Spain (X tons), Romania (X tons), Sweden (X tons) and Poland (X tons) followed a long way behind the leaders.

Imports into France increased at an average annual rate of X% from 2012 to 2022. At the same time, Romania (X%), Spain (X%), Poland (X%), Austria (X%), Portugal (X%), Ireland (X%), the Netherlands (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Italy, Denmark and Germany experienced a relatively flat trend pattern. By contrast, Sweden (X%) illustrated a downward trend over the same period. While the share of France (X p.p.) and Romania (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Sweden (X p.p.), Denmark (X p.p.), Italy (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X), Germany ($X) and Belgium ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Italy, Denmark, the Netherlands, Ireland, Austria, Portugal, Sweden, Poland, Romania and Spain lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 the European Union stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price showed a slight descent. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while Ireland ($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