Spain: Market for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases 2024

Market Size for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Spain

The Spanish market for fresh or chilled pig meat other than cuts or carcases skyrocketed to $X in 2022, increasing by 40% against the previous year. Overall, the total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +88.4% against 2015 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Spain

In value terms, production of fresh or chilled pig meat other than cuts or carcases skyrocketed to $X in 2022 estimated in export price. Overall, the total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +77.7% against 2015 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Exports from Spain

In 2022, the amount of fresh or chilled pig meat other than cuts or carcases exported from Spain expanded significantly to X tons, with an increase of 14% against the year before. Over the period under review, total exports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +22.4% against 2020 indices. The growth pace was the most rapid in 2015 with an increase of 22% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, exports of fresh or chilled pig meat other than cuts or carcases surged to $X in 2022. Overall, total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), Poland (X tons) and Romania (X tons) were the main destinations of exports of fresh or chilled pig meat other than cuts or carcases from Spain, with a combined 43% share of total exports. Italy, Portugal, the Czech Republic, Hungary, the UK, Bulgaria, Germany, Slovakia, Croatia and Denmark lagged somewhat behind, together accounting for a further 48%.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of +52.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Romania ($X) and Poland ($X) appeared to be the largest markets for fresh pork other than cuts or carcases exported from Spain worldwide, with a combined 42% share of total exports. Portugal, Italy, the Czech Republic, Hungary, the UK, Bulgaria, Germany, Slovakia, Croatia and Denmark lagged somewhat behind, together comprising a further 48%.

Croatia, with a CAGR of +49.6%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for fresh or chilled pig meat other than cuts or carcases stood at $X per ton in 2022, growing by 6.6% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 12% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Imports into Spain

In 2022, the amount of fresh or chilled pig meat other than cuts or carcases imported into Spain plummeted to X tons, waning by -16.5% on the previous year's figure. Overall, total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +4.9% 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 +16.1% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 40% against the previous year. Over the period under review, imports of hit record highs at X tons in 2021, and then declined notably in the following year.

In value terms, imports of fresh or chilled pig meat other than cuts or carcases reduced modestly to $X in 2022. The total import value increased at an average annual rate of +4.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 42% against the previous year. Over the period under review, imports of attained the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), France (X tons) and the Netherlands (X tons) were the main suppliers of imports of fresh or chilled pig meat other than cuts or carcases to Spain, with a combined 71% share of total imports. Portugal, Denmark, Poland and Italy lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +35.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Portugal ($X) appeared to be the largest fresh pork other than cuts or carcases suppliers to Spain, with a combined 66% share of total imports. The Netherlands, Poland, Denmark and Italy lagged somewhat behind, together accounting for a further 33%.

Poland, with a CAGR of +40.7%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for fresh or chilled pig meat other than cuts or carcases amounted to $X per ton, with an increase of 18% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 22% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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