Brazil - Bacon, Ham and Other Dried, Salted or Smoked Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBacon and Ham Price in Brazil - 2023
Contents:
- Bacon and Ham Price in Brazil (CIF) - 2023
- Bacon and Ham Price in Brazil (FOB) - 2023
- Bacon and Ham Imports in Brazil
- Bacon and Ham Exports in Brazil
Bacon and Ham Price in Brazil (CIF) - 2023
In August 2023, the average bacon and ham import price amounted to $11,260 per ton, therefore, remained relatively stable against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 18% m-o-m. Over the period under review, average import prices attained the maximum at $11,273 per ton in July 2023, and then shrank slightly in the following month.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Spain ($11,527 per ton), while the price for Portugal ($10,124 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Portugal (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Bacon and Ham Price in Brazil (FOB) - 2023
The average bacon and ham export price stood at $4,214 per ton in August 2023, picking up by 8.8% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 51% against the previous month. The export price peaked at $5,706 per ton in October 2022; however, from November 2022 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Marshall Islands ($6,750 per ton), while the average price for exports to South Korea ($2,688 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Bacon and Ham Imports in Brazil
In 2022, bacon and ham imports into Brazil rose to 1.8K tons, surging by 1.8% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 34%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, bacon and ham imports shrank to $18M in 2022. The total import value increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 40%. As a result, imports attained the peak of $20M, and then reduced in the following year.
| Import of Bacon and Ham in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 8.8 | 8.5 | 13.1 | 9.8 | 3.7% |
| Spain | 7.4 | 5.4 | 6.7 | 7.6 | 0.9% |
| Portugal | 0.7 | 0.5 | 0.4 | 0.5 | -10.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.9 | 14.4 | 20.2 | 17.9 | 1.9% |
Top Suppliers of Bacon and Ham to Brazil in 2022:
- Italy (995.6 tons)
- Spain (763.1 tons)
- Portugal (54.8 tons)
Bacon and Ham Exports in Brazil
For the fourth consecutive year, Brazil recorded growth in overseas shipments of bacon, ham and other dried, salted or smoked pig meat, which increased by 99% to 551 tons in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, bacon and ham exports skyrocketed to $2.5M in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Bacon and Ham in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 0.3 | N/A | N/A | 1,202 | 1488.3% |
| Paraguay | 129 | 206 | 302 | 382 | 43.6% |
| Uruguay | 142 | 137 | 166 | 250 | 20.7% |
| Marshall Islands | 44.1 | 55.2 | 70.6 | 101 | 31.8% |
| Liberia | 43.2 | 50.3 | 59.6 | 93.9 | 29.5% |
| Panama | 51.9 | 60.3 | 86.5 | 89.9 | 20.1% |
| Hong Kong SAR | 27.3 | 35.5 | 41.7 | 44.6 | 17.8% |
| Singapore | 23.3 | 23.6 | 29.9 | 40.3 | 20.0% |
| Malta | 24.5 | 25.2 | 30.3 | 28.1 | 4.7% |
| Argentina | 47.3 | 48.8 | N/A | 0.8 | -74.3% |
| United Arab Emirates | 113 | 169 | 82.1 | N/A | -14.8% |
| Others | 140 | 158 | 379 | 232 | 18.3% |
| Total | 786 | 969 | 1,247 | 2,464 | 46.4% |
Top Export Markets for Bacon and Ham from Brazil in 2022:
- Angola (303.3 tons)
- Paraguay (80.1 tons)
- Uruguay (46.8 tons)
- Panama (19.5 tons)
- Marshall Islands (18.4 tons)
- Liberia (16.4 tons)
- Hong Kong SAR (10.2 tons)
- Singapore (6.6 tons)
- Malta (4.9 tons)
- Argentina (0.1 tons)
This report provides an in-depth analysis of the bacon and ham market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10131120 - Hams, shoulders and cuts thereof with bone in, of swine, s alted, in brine, dried or smoked
- Prodcom 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked
- Prodcom 10131180 - Pig meat salted, in brine, dried or smoked (including bacon, 3/4 sides/middles, fore-ends, loins and cuts thereof, excluding hams, shoulders and cuts thereof with bone in, bellies and cuts thereof)
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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