Europe: Bacon And Ham Market 2024

Bacon And Ham Market Size in Europe

In 2022, after three years of decline, there was significant growth in the Europe bacon and ham market, when its value increased by X% to $X. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Bacon And Ham Production in Europe

In value terms, bacon and ham production expanded sharply to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Bacon And Ham Exports

Exports in Europe

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. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, bacon and ham exports contracted to $X in 2022. Over the period under review, exports saw modest growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then contracted slightly 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. The following exporters - the UK (X tons) and Belgium (X tons) - each accounted for a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Spain (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 Europe were Italy ($X), Spain ($X) and the Netherlands ($X), together accounting for X% of total exports.

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

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, falling by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2021, and then reduced 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 Europe

In 2022, purchases abroad of bacon, ham and other dried, salted or smoked pig meat increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports continue to indicate a relatively flat trend pattern. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, bacon and ham imports expanded to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The UK represented the major importer of bacon, ham and other dried, salted or smoked pig meat in Europe, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. France (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Ireland (X%) and Germany (X%). Italy (X tons), Denmark (X tons), Belgium (X tons), Portugal (X tons), the Netherlands (X tons) and Austria (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to bacon and ham imports into the UK stood at X%. At the same time, Austria (X%), France (X%), Portugal (X%), Ireland (X%), the Netherlands (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Austria emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. Italy, Denmark and Germany experienced a relatively flat trend pattern. France (X p.p.) and Ireland (X p.p.) significantly strengthened its position in terms of the total imports, while the UK saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest bacon and ham importing markets in Europe were the UK ($X), France ($X) and Germany ($X), with a combined X% share of total imports. Belgium, Italy, Denmark, the Netherlands, Ireland, Austria and Portugal lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Ireland, 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

In 2022, the import price in Europe amounted to $X per ton, shrinking by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of import peaked at $X per ton in 2021, and then dropped in the following year.

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 Italy (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform