World - Pig Meat Salted (Salted, In Brine, Dried Or Smoked) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSalted, Dried, or Smoked Pig Meat other than Hams or Bellies Market
The global market for pig meat other than hams or bellies (salted, in brine, dried or smoked) is projected to see increasing demand and consumption trends over the next eight years. By 2030, market volume is expected to reach 1.3M tons and market value to reach $9.1B. The UK leads in consumption volume, while the Netherlands, Italy, and Spain are top exporters. Import prices and export prices vary by country, with noticeable trends in growth rates and patterns over the years.
Market Forecast
Driven by increasing demand for pig meat other than hams or bellies (salted, in brine, dried or smoked) worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +0.4% for the period from 2022 to 2030, which is projected to bring the market volume to 1.3M tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +2.6% for the period from 2022 to 2030, which is projected to bring the market value to $9.1B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Pig Meat other than Hams or Bellies (Salted, in Brine, Dried or Smoked)
In 2022, the amount of pig meat other than hams or bellies (salted, in brine, dried or smoked) consumed worldwide expanded significantly to 1.3M tons, surging by 9.6% on 2021 figures. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak volume and is likely to continue growth in the immediate term.
The value of the market for pig meat other than hams or bellies (salted, in brine, dried or smoked) worldwide soared to $7.4B in 2022, jumping by 16% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Consumption By Country
The UK (453K tons) constituted the country with the largest volume of consumption of pig meat other than hams or bellies (salted, in brine, dried or smoked), comprising approx. 36% of total volume. Moreover, consumption of pig meat other than hams or bellies (salted, in brine, dried or smoked) in the UK exceeded the figures recorded by the second-largest consumer, France (127K tons), fourfold. Germany (92K tons) ranked third in terms of total consumption with a 7.2% share.
From 2012 to 2022, the average annual rate of growth in terms of volume in the UK was relatively modest. The remaining consuming countries recorded the following average annual rates of consumption growth: France (+4.2% per year) and Germany (-3.3% per year).
In value terms, the UK ($2B), France ($1.2B) and Italy ($616M) were the countries with the highest levels of market value in 2022, together comprising 52% of the global market. Germany, the United States, Romania, Spain, Ireland, Sweden, Poland, the Czech Republic and the Netherlands lagged somewhat behind, together accounting for a further 28%.
Among the main consuming countries, the United States, with a CAGR of +50.4%, saw the highest growth rate of market size over the period under review, while smoked) for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of salted, dried, or smoked pig meat other than hams or bellies per capita consumption in 2022 were Ireland (7.8 kg per person), the UK (6.7 kg per person) and the Netherlands (3.2 kg per person).
From 2012 to 2022, the most notable rate of growth in terms of smoked), amongst the key consuming countries, was attained by the United States (with a CAGR of +31.8%), while smoked) for the other global leaders experienced more modest paces of growth.
Production
World Production of Pig Meat other than Hams or Bellies (Salted, in Brine, Dried or Smoked)
In 2022, production of pig meat other than hams or bellies (salted, in brine, dried or smoked) was finally on the rise to reach 1.2M tons after two years of decline. Overall, production recorded a relatively flat trend pattern. As a result, production reached the peak volume and is likely to continue growth in the immediate term.
In value terms, production of pig meat other than hams or bellies (salted, in brine, dried or smoked) expanded remarkably to $6.2B in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. Global production peaked at $6.6B in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.
Production By Country
The countries with the highest volumes of production in 2022 were the UK (283K tons), the Netherlands (160K tons) and Italy (147K tons), with a combined 48% share of global production. Germany, Spain, France, Denmark, Romania, the United States, Ireland, Poland, the Czech Republic and Hungary lagged somewhat behind, together comprising a further 41%.
From 2012 to 2022, the most notable rate of growth in terms of smoked), amongst the main producing countries, was attained by the Czech Republic (with a CAGR of +5.4%), while smoked) for the other global leaders experienced more modest paces of growth.
Imports
World Imports of Pig Meat other than Hams or Bellies (Salted, in Brine, Dried or Smoked)
In 2022, overseas purchases of pig meat other than hams or bellies (salted, in brine, dried or smoked) increased by 14% to 434K tons, rising for the second year in a row after two years of decline. In general, imports showed a relatively flat trend pattern. Over the period under review, global imports of reached the peak figure at 454K tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.
In value terms, imports of pig meat other than hams or bellies (salted, in brine, dried or smoked) rose to $2.5B in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year. Global imports peaked at $2.6B in 2014; however, from 2015 to 2022, imports remained at a lower figure.
Imports By Country
The UK was the main importing country with an import of around 186K tons, which finished at 43% of total imports. France (64K tons) took a 15% share (based on physical terms) of total imports, which put it in second place, followed by Ireland (5.1%) and Germany (4.6%). The following importers - the United States (18K tons), Italy (12K tons), Canada (10K tons), Belgium (9.3K tons) and Denmark (8.4K tons) - together made up 13% of total imports.
From 2012 to 2022, average annual rates of growth with regard to salted, dried, or smoked pig meat other than hams or bellies imports into the UK stood at -2.2%. At the same time, the United States (+9.4%), Ireland (+7.9%), France (+7.7%), Canada (+3.1%) and Belgium (+2.3%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing importer imported in the world, with a CAGR of +9.4% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, Italy (-1.8%) and Denmark (-5.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of France, Ireland and the United States increased by +7.4, +2.6 and +2.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the UK ($649M), France ($334M) and the United States ($222M) constituted the countries with the highest levels of imports in 2022, with a combined 48% share of global imports.
Among the main importing countries, the United States, with a CAGR of +9.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
The average import price for pig meat other than hams or bellies (salted, in brine, dried or smoked) stood at $5,816 per ton in 2022, with a decrease of -9.5% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 9.2% against the previous year. Global import price peaked at $6,424 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($12,252 per ton), while Ireland ($3,463 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.0%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Pig Meat other than Hams or Bellies (Salted, in Brine, Dried or Smoked)
In 2022, shipments abroad of pig meat other than hams or bellies (salted, in brine, dried or smoked) increased by 3.7% to 399K tons, rising for the second year in a row after two years of decline. In general, exports, however, showed a relatively flat trend pattern. Over the period under review, the global exports of attained the peak figure at 438K tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of pig meat other than hams or bellies (salted, in brine, dried or smoked) contracted modestly to $2.6B in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 9.4% against the previous year. Over the period under review, the global exports of attained the maximum at $2.7B in 2014; however, from 2015 to 2022, the exports failed to regain momentum.
Exports By Country
In 2022, the Netherlands (111K tons), distantly followed by Italy (70K tons), Denmark (60K tons), Spain (50K tons) and Germany (31K tons) represented the largest exporters of pig meat other than hams or bellies (salted, in brine, dried or smoked), together creating 81% of total exports. The UK (16K tons) and Ireland (11K tons) followed a long way behind the leaders.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Ireland (with a CAGR of +22.7%), while the other global leaders experienced more modest paces of growth.
In value terms, the largest salted, dried, or smoked pig meat other than hams or bellies supplying countries worldwide were Italy ($945M), Spain ($533M) and the Netherlands ($327M), together accounting for 69% of global exports. Germany, Denmark, the UK and Ireland lagged somewhat behind, together accounting for a further 19%.
In terms of the main exporting countries, Ireland, with a CAGR of +22.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
In 2022, the average export price for pig meat other than hams or bellies (salted, in brine, dried or smoked) amounted to $6,596 per ton, falling by -4.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2017 an increase of 8.2% against the previous year. The global export price peaked at $6,889 per ton in 2021, and then declined slightly in the following year.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($13,448 per ton), while the Netherlands ($2,947 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.3%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global market for salted, dried, or smoked pig meat other than hams or bellies. 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:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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
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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
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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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. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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