Estonia - Pig Meat Salted (Salted, In Brine, Dried Or Smoked) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Estonia - 2023
Contents:
- Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Estonia (CIF) - 2023
- Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Estonia (FOB) - 2022
- Imports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Estonia
- Exports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Estonia
Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Estonia (CIF) - 2023
In October 2023, the average import price for pig meat other than hams or bellies (salted, in brine, dried or smoked) amounted to $11,087 per ton, waning by -3% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 21% month-to-month. As a result, import price attained the peak level of $11,429 per ton, and then fell modestly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($17,865 per ton), while the price for Poland ($4,915 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Estonia (FOB) - 2022
The average export price for pig meat other than hams or bellies (salted, in brine, dried or smoked) stood at $6,167 per ton in 2022, falling by -19.1% against the previous year. Over the period under review, the export price, however, showed strong growth. The growth pace was the most rapid in 2013 an increase of 1,088% against the previous year. As a result, the export price reached the peak level of $33,656 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Finland ($7,266 per ton) and the Czech Republic ($7,192 per ton), while the average price for exports to Latvia ($4,846 per ton) and Sweden ($5,043 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+10.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Estonia
In 2022, imports of pig meat other than hams or bellies (salted, in brine, dried or smoked) into Estonia surged to 274 tons, rising by 37% on 2021 figures. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of pig meat other than hams or bellies (salted, in brine, dried or smoked) skyrocketed to $2.4M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 458 | 455 | 647 | 752 | 18.0% |
| Spain | 713 | 963 | 1,017 | 734 | 1.0% |
| Germany | 22.5 | 15.1 | 56.5 | 407 | 162.5% |
| Poland | 151 | 126 | 134 | 351 | 32.5% |
| Finland | 113 | 154 | 137 | 120 | 2.0% |
| Lithuania | 6.2 | 90.6 | 8.4 | 25.6 | 60.4% |
| Latvia | 22.1 | 14.6 | 24.3 | 6.1 | -34.9% |
| Others | 71.6 | 19.5 | 17.6 | 18.7 | -36.1% |
| Total | 1,558 | 1,837 | 2,042 | 2,415 | 15.7% |
Top Suppliers of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies to Estonia in 2022:
- Poland (87.1 tons)
- Spain (63.0 tons)
- Germany (50.5 tons)
- Italy (48.4 tons)
- Finland (16.3 tons)
- Lithuania (4.7 tons)
- Latvia (1.0 tons)
Exports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Estonia
In 2022, the amount of pig meat other than hams or bellies (salted, in brine, dried or smoked) exported from Estonia soared to 67 tons, jumping by 48% compared with the year before. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.0% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 51% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of pig meat other than hams or bellies (salted, in brine, dried or smoked) soared to $411K in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -6.1% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 101%. As a result, the exports attained the peak of $438K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | N/A | 243 | 223 | 198 | -9.7% |
| Sweden | N/A | N/A | N/A | 142 | 0% |
| Finland | 66.5 | 89.6 | 89.8 | 49.1 | -9.6% |
| Latvia | 41.1 | 6.5 | 11.6 | 16.2 | -26.7% |
| Lithuania | 12.0 | 9.9 | 2.1 | 3.5 | -33.7% |
| Bulgaria | N/A | 82.6 | N/A | N/A | 0% |
| United Kingdom | 95.1 | N/A | N/A | N/A | 0% |
| Others | 3.5 | 6.1 | 16.0 | 2.7 | -8.3% |
| Total | 218 | 438 | 343 | 411 | 23.5% |
Top Export Markets for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies from Estonia in 2022:
- Sweden (28.1 tons)
- Czech Republic (27.5 tons)
- Finland (6.8 tons)
- Latvia (3.3 tons)
- Lithuania (0.6 tons)
This report provides an in-depth analysis of the market for salted, dried, or smoked pig meat other than hams or bellies in Estonia. 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 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:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- 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
-
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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