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U.S. - Fresh Or Chilled Carcases Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Pork Carcase Price in the United States - 2023
Contents:
- Fresh Pork Carcase Price in the United States (FOB) - 2023
- Fresh Pork Carcase Price in the United States (CIF) - 2023
- Fresh Pork Carcase Exports in the United States
- Fresh Pork Carcase Imports in the United States
Fresh Pork Carcase Price in the United States (FOB) - 2023
In September 2023, the average fresh pork carcase export price amounted to $2,136 per ton, dropping by -3.9% against the previous month. Overall, the export price continues to indicate a slight downturn. The most prominent rate of growth was recorded in June 2023 an increase of 27% against the previous month. Over the period under review, the average export prices attained the maximum at $2,538 per ton in September 2022; however, from October 2022 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Ecuador ($5,829 per ton), while the average price for exports to Mexico amounted to $1,988 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+0.0%).
Fresh Pork Carcase Price in the United States (CIF) - 2023
In September 2023, the average fresh pork carcase import price amounted to $2,382 per ton, which is down by -8.6% against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average import price increased by 47% against the previous month. The import price peaked at $2,742 per ton in February 2023; however, from March 2023 to September 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Mexico.
From November 2022 to September 2023, the rate of growth in terms of prices for Mexico amounted to -0.8% per month.
Fresh Pork Carcase Exports in the United States
In 2022, approx. 6.2K tons of fresh or chilled carcases of pig meat were exported from the United States; reducing by -13.2% compared with 2021. In general, exports showed a sharp setback. The most prominent rate of growth was recorded in 2021 when exports increased by 6.4%.
In value terms, fresh pork carcase exports reduced to $14M in 2022. Overall, exports recorded a sharp shrinkage.
Export of Fresh Pork Carcase in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 8.9 | 7.7 | 10.5 | 10.8 | 6.7% |
Peru | 0.5 | 0.2 | 0.6 | 0.8 | 17.0% |
Japan | 0.1 | 0.2 | 0.4 | 0.6 | 81.7% |
Honduras | 0.1 | 0.1 | N/A | 0.3 | 44.2% |
Colombia | 1.5 | 1.5 | 0.8 | 0.3 | -41.5% |
El Salvador | 0.7 | 2.4 | 0.6 | 0.2 | -34.1% |
Hong Kong SAR | 0.8 | 2.6 | N/A | N/A | 225.0% |
China | 33.9 | 0.4 | N/A | N/A | -98.8% |
Others | 1.2 | 2.0 | 2.4 | 0.8 | -12.6% |
Total | 47.7 | 17.2 | 15.4 | 13.9 | -33.7% |
Top Export Markets for Fresh Pork Carcase from the United States in 2022:
- Mexico (5361.6 tons)
- Peru (175.2 tons)
- Japan (130.9 tons)
- Colombia (122.1 tons)
- Honduras (106.1 tons)
- El Salvador (91.3 tons)
Fresh Pork Carcase Imports in the United States
In 2022, the amount of fresh or chilled carcases of pig meat imported into the United States totaled 130 tons, approximately equating the previous year. Over the period under review, imports showed a significant increase. The smallest decline of 99.9% was in 2021. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, fresh pork carcase imports amounted to $279K in 2022. Overall, imports enjoyed a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.
Import of Fresh Pork Carcase in the United States (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Mexico | N/A | N/A | 279 | 0% | |
Canada | 149 | N/A | N/A | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | 149 | N/A | 279 | 36.8% |
Top Suppliers of Fresh Pork Carcase to the United States in 2022:
- Mexico (130.5 tons)
This report provides an in-depth analysis of the fresh pork carcase market in the U.S.. 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 10111230 - Fresh or chilled carcases and half-carcases, of pig meat (including fresh meat packed with salt as a temporary preservative)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
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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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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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In February 2023, the price of pork leveled off compared to the previous month, amounting to $2,674 per ton (FOB, US).
In August 2022, the pork price per ton amounted to $3.0K (FOB, US), which is down by -2.8% against the previous month.
In June 2022, the pork price per tonamounted to $2,920 per ton, picking up by 2.6% against the previous month.
In May 2022, the pork price per ton amounted to $2,847 (FOB, US), rising by 5.5% against the previous month.
In Apr 2022, the average import pork price per ton amounted to $3,769, with an increase of 2.4% against the previous month.
Over the previous year, the U.S. has seen pork exports hit record highs, largely due to unprecedented demand from China and the Philippines, where livestock numbers have fallen dramatically after the outbreaks of African swine fever. The U.S. is forecast to achieve a 5% growth in pork production in 2021 and exports are projected to remain high, driven by robust both domestic and foreign demand.
In value terms, frozen pork cut exports dropped to $14M in April 2023.
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