United Kingdom: Market for Prepared Or Preserved Shoulders And Cuts Of Swine Meat 2024

Market Size for Prepared Or Preserved Shoulders And Cuts Of Swine Meat in the UK

The UK preserved swine meat cut market reduced to $X in 2022, waning by X% against the previous year. In general, consumption, however, continues to indicate a prominent increase. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Prepared Or Preserved Shoulders And Cuts Of Swine Meat in the UK

In value terms, preserved swine meat cut production stood at $X in 2022 estimated in export price. In general, production saw a buoyant increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Exports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Exports from the UK

In 2022, shipments abroad of prepared or preserved shoulders and cuts of swine meat decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. In general, exports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, preserved swine meat cut exports surged to $X in 2022. Overall, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Ireland (X tons) was the main destination for preserved swine meat cut exports from the UK, accounting for a X% share of total exports. It was followed by the Netherlands (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ireland totaled X%.

In value terms, Ireland ($X) remains the key foreign market for prepared or preserved shoulders and cuts of swine meat exports from the UK, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with less than X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Ireland amounted to X%.

Export Prices by Country

In 2022, the average preserved swine meat cut export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price posted prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (X%).

Imports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Imports into the UK

For the sixth consecutive year, the UK recorded decline in overseas purchases of prepared or preserved shoulders and cuts of swine meat, which decreased by X% to X tons in 2022. In general, imports showed a noticeable descent. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, preserved swine meat cut imports declined notably to $X in 2022. Over the period under review, imports saw a abrupt setback. The pace of growth was the most pronounced in 2013 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Ireland (X tons) and Poland (X tons) were the main suppliers of preserved swine meat cut imports to the UK, with a combined X% share of total imports. Spain, the Netherlands, Romania, Italy, Denmark and Belgium lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest preserved swine meat cut suppliers to the UK were Ireland ($X), Germany ($X) and Poland ($X), together accounting for X% of total imports. Spain, the Netherlands, Romania, Italy, Belgium and Denmark lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, 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

The average preserved swine meat cut import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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