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Belgium - Frozen Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen Pig Meat Other than Cuts or Carcases in Belgium - 2023
Contents:
- Price for Frozen Pig Meat Other than Cuts or Carcases in Belgium (FOB) - 2023
- Price for Frozen Pig Meat Other than Cuts or Carcases in Belgium (CIF) - 2023
- Exports of Frozen Pig Meat Other than Cuts or Carcases in Belgium
- Imports of Frozen Pig Meat Other than Cuts or Carcases in Belgium
Price for Frozen Pig Meat Other than Cuts or Carcases in Belgium (FOB) - 2023
In October 2023, the average export price for frozen pig meat other than cuts or carcases amounted to $4,019 per ton, picking up by 8.3% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.8%. The most prominent rate of growth was recorded in March 2023 an increase of 19% against the previous month. Over the period under review, the average export prices hit record highs in October 2023.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was South Korea ($4,854 per ton), while the average price for exports to Vietnam ($1,146 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Frozen Pig Meat Other than Cuts or Carcases in Belgium (CIF) - 2023
The average import price for frozen pig meat other than cuts or carcases stood at $8,794 per ton in October 2023, with an increase of 132% against the previous month. In general, the import price recorded a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From October 2022 to October 2023, the rate of growth in terms of prices for Ireland amounted to +4.3% per month.
Exports of Frozen Pig Meat Other than Cuts or Carcases in Belgium
After three years of growth, overseas shipments of frozen pig meat other than cuts or carcases decreased by -1.1% to 51K tons in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.8% 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 increased by +39.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. As a result, the exports reached the peak of 51K tons, and then fell modestly in the following year.
In value terms, exports of frozen pig meat other than cuts or carcases rose to $139M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +19.4% 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 +70.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 46%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
Export of Frozen Pig Meat Other than Cuts or Carcases in Belgium (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | N/A | 0.2 | 8.1 | 23.9 | 993.2% |
Netherlands | 8.9 | 8.5 | 11.7 | 17.7 | 25.8% |
France | 11.7 | 15.6 | 16.7 | 13.6 | 5.1% |
Denmark | 3.9 | 7.0 | 13.5 | 9.9 | 36.4% |
Philippines | 0.1 | 1.4 | 20.1 | 9.7 | 359.5% |
Malaysia | 0.3 | 3.7 | 10.8 | 6.9 | 184.4% |
Germany | 5.7 | 4.9 | 4.0 | 5.3 | -2.4% |
Poland | 2.3 | 1.1 | 1.5 | 4.7 | 26.9% |
Italy | 3.3 | 2.2 | 3.2 | 3.7 | 3.9% |
Romania | 4.8 | 3.8 | 2.1 | 3.2 | -12.6% |
Bulgaria | 4.0 | 2.2 | 2.8 | 3.1 | -8.1% |
Slovakia | 2.0 | 1.8 | 1.8 | 3.0 | 14.5% |
Estonia | 2.7 | 2.3 | 1.9 | 2.6 | -1.3% |
Others | 31.7 | 37.0 | 35.2 | 31.6 | -0.1% |
Total | 81.5 | 91.7 | 134 | 139 | 19.5% |
Top Export Markets for Frozen Pig Meat Other than Cuts or Carcases from Belgium in 2022:
- Netherlands (5.7K tons)
- France (5.7K tons)
- South Korea (5.1K tons)
- Denmark (4.5K tons)
- Philippines (3.6K tons)
- Malaysia (2.1K tons)
- Poland (2.1K tons)
- Germany (1.8K tons)
- Romania (1.6K tons)
- Slovakia (1.5K tons)
- Bulgaria (1.5K tons)
- Italy (1.4K tons)
- Estonia (1.1K tons)
Imports of Frozen Pig Meat Other than Cuts or Carcases in Belgium
In 2022, purchases abroad of frozen pig meat other than cuts or carcases decreased by -20.8% to 13K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. As a result, imports attained the peak of 16K tons, and then fell notably in the following year.
In value terms, imports of frozen pig meat other than cuts or carcases reduced slightly to $33M in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 17%.
Import of Frozen Pig Meat Other than Cuts or Carcases in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 10.3 | 13.0 | 14.1 | 15.3 | 14.1% |
Spain | 5.4 | 5.6 | 4.4 | 6.4 | 5.8% |
France | 5.5 | 6.0 | 5.6 | 3.8 | -11.6% |
Poland | 2.3 | 2.7 | 4.0 | 3.0 | 9.3% |
Germany | 2.2 | 1.3 | 2.2 | 1.6 | -10.1% |
Ireland | 0.2 | 0.6 | 0.3 | 0.7 | 51.8% |
Others | 0.7 | 1.8 | 3.4 | 1.9 | 39.5% |
Total | 26.6 | 31.0 | 34.2 | 32.8 | 7.2% |
Top Suppliers of Frozen Pig Meat Other than Cuts or Carcases to Belgium in 2022:
- Netherlands (7.7K tons)
- Spain (1.8K tons)
- France (1.2K tons)
- Poland (0.8K tons)
- Germany (0.6K tons)
- Ireland (0.3K tons)
This report provides an in-depth analysis of the market for frozen pig meat other than cuts or carcases in Belgium. 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 10113290 - Frozen pig meat (excluding carcases and half-carcases, h ams, shoulders and cuts thereof with bone in)
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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
- 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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