Italy: Preserved Cows Meat Market 2024

Preserved Cows Meat Market Size in Italy

The Italian preserved cows meat market surged to $X in 2022, jumping by X% against the previous year. In general, consumption showed a strong expansion. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Preserved Cows Meat Production in Italy

In value terms, preserved cows meat production surged to $X in 2022 estimated in export price. Over the period under review, production enjoyed a resilient increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Preserved Cows Meat Exports

Exports from Italy

In 2022, shipments abroad of prepared or preserved meat or offal of bovine animals decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, preserved cows meat exports rose rapidly to $X in 2022. In general, total exports indicated a perceptible expansion 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 2018 indices. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Angola (X tons) was the main destination for preserved cows meat exports from Italy, with a X% share of total exports. Moreover, preserved cows meat exports to Angola exceeded the volume sent to the second major destination, Congo (X tons), threefold. The UK (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Angola amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (X% per year) and the UK (X% per year).

In value terms, Germany ($X), Switzerland ($X) and Angola ($X) constituted the largest markets for preserved cows meat exported from Italy worldwide, together accounting for X% of total exports. The UK, France, the Netherlands, Malta, Congo, Ukraine, Cuba, Cote d'Ivoire, Democratic Republic of the Congo and Togo lagged somewhat behind, together comprising a further X%.

Ukraine, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average preserved cows meat export price amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Cows Meat Imports

Imports into Italy

Preserved cows meat imports into Italy declined slightly to X tons in 2022, which is down by X% against the year before. In general, imports recorded a pronounced slump. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, preserved cows meat imports rose sharply to $X in 2022. Over the period under review, imports recorded a noticeable curtailment. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Brazil (X tons), France (X tons) and Germany (X tons) were the main suppliers of preserved cows meat imports to Italy, together accounting for X% of total imports. Sweden, the Netherlands, Slovenia and Austria lagged somewhat behind, together comprising a further X%.

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

In value terms, Brazil ($X), France ($X) and Germany ($X) constituted the largest preserved cows meat suppliers to Italy, together comprising X% of total imports. Sweden, Slovenia, the Netherlands and Austria lagged somewhat behind, together accounting for a further X%.

Slovenia, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average preserved cows meat import price amounted to $X per ton, surging by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovenia ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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