Overview of the Global Market for Prepared Or Preserved Shoulders And Cuts Of Swine Meat

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

The global preserved swine meat cut market rose modestly to $X in 2022, with an increase of X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the global market remained at a somewhat lower figure.

Production of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

In value terms, preserved swine meat cut production expanded to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Global production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Exports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Exports

In 2022, overseas shipments of prepared or preserved shoulders and cuts of swine meat increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, total exports indicated resilient growth 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The global exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, preserved swine meat cut exports expanded rapidly to $X in 2022. Overall, total exports indicated buoyant growth from 2012 to 2022: its value 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, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the global exports reached the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

The United States represented the largest exporting country with an export of about X tons, which finished at X% of total exports. Ireland (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Mexico (X%), Chile (X%) and Belgium (X%). Spain (X tons), Poland (X tons), Denmark (X tons), Germany (X tons), the Netherlands (X tons) and France (X tons) followed a long way behind the leaders.

The United States was also the fastest-growing in terms of the prepared or preserved shoulders and cuts of swine meat exports, with a CAGR of X% from 2012 to 2022. At the same time, Ireland (X%), Mexico (X%), Chile (X%), Germany (X%), Spain (X%), Poland (X%) and France (X%) displayed positive paces of growth. Denmark experienced a relatively flat trend pattern. By contrast, the Netherlands (X%) and Belgium (X%) illustrated a downward trend over the same period. The United States (X p.p.) and Ireland (X p.p.) significantly strengthened its position in terms of the global exports, while Poland, Chile, Denmark, the Netherlands and Belgium saw its share reduced by X%, X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest preserved swine meat cut supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Ireland ($X), with an X% share of global exports. It was followed by Mexico, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United States amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Ireland (X% per year) and Mexico (X% per year).

Export Prices by Country

The average preserved swine meat cut export price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

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

Imports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Imports

Global preserved swine meat cut imports rose notably to X tons in 2022, picking up by X% compared with the previous year's figure. The total import volume 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 most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Global imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, preserved swine meat cut imports expanded modestly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Global imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Japan prevails in imports structure, recording X tons, which was near X% of total imports in 2022. Germany (X tons) followed a long way behind the leaders.

Japan was also the fastest-growing in terms of the prepared or preserved shoulders and cuts of swine meat imports, with a CAGR of X% from 2012 to 2022. Germany (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Japan increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported prepared or preserved shoulders and cuts of swine meat worldwide, comprising X% of global imports. The second position in the ranking was taken by Germany ($X), with a X% share of global imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Japan stood at X%.

Import Prices by Country

The average preserved swine meat cut import price stood at $X per ton in 2022, which is down 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 2014 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while Japan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%).

Source: IndexBox Platform

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