China - Salted, Dried or Smoked Meat, and Offal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Salted, Dried or Smoked Meat, and Offal in China - 2023
Contents:
- Price for Salted, Dried or Smoked Meat, and Offal in China (CIF) - 2023
- Price for Salted, Dried or Smoked Meat, and Offal in China (FOB) - 2022
- Imports of Salted, Dried or Smoked Meat, and Offal in China
- Exports of Salted, Dried or Smoked Meat, and Offal in China
Price for Salted, Dried or Smoked Meat, and Offal in China (CIF) - 2023
In November 2023, the average import price for salted, dried or smoked meat, and offal amounted to $13,896 per ton, shrinking by -15.4% against the previous month. Overall, the import price saw a slight contraction. The most prominent rate of growth was recorded in February 2023 an increase of 12% against the previous month. As a result, import price attained the peak level of $19,582 per ton. From March 2023 to November 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From November 2022 to November 2023, the rate of growth in terms of prices for Spain amounted to -1.2% per month.
Price for Salted, Dried or Smoked Meat, and Offal in China (FOB) - 2022
The average export price for salted, dried or smoked meat, and offal stood at $6,121 per ton in 2022, waning by -6.6% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 57% against the previous year. As a result, the export price reached the peak level of $7,233 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($13,346 per ton), while the average price for exports to Hong Kong SAR ($5,509 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 Thailand (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Salted, Dried or Smoked Meat, and Offal in China
For the fourth consecutive year, China recorded growth in overseas purchases of salted, dried or smoked meat, and offal, which increased by 18% to 2.3K tons in 2022. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 122%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of salted, dried or smoked meat, and offal rose sharply to $43M in 2022. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 81%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
Import of Salted, Dried or Smoked Meat, and Offal in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 11.2 | 18.8 | 33.5 | 42.2 | 55.6% |
Italy | 2.7 | 2.5 | 5.1 | 0.7 | -36.2% |
Others | 0.6 | 0.1 | 0.1 | N/A | -59.2% |
Total | 14.4 | 21.4 | 38.7 | 42.9 | 43.9% |
Top Suppliers of Salted, Dried or Smoked Meat, and Offal to China in 2022:
- Spain (2245.8 tons)
- Italy (49.7 tons)
Exports of Salted, Dried or Smoked Meat, and Offal in China
In 2022, approx. 818 tons of salted, dried or smoked meat, and offal were exported from China; dropping by -18.7% against the year before. Over the period under review, exports saw a noticeable descent. The pace of growth was the most pronounced in 2021 when exports increased by 29%. As a result, the exports reached the peak of 1K tons, and then reduced rapidly in the following year.
In value terms, exports of salted, dried or smoked meat, and offal dropped rapidly to $5M in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. As a result, the exports attained the peak of $6.6M, and then shrank sharply in the following year.
Export of Salted, Dried or Smoked Meat, and Offal in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 4.2 | 3.7 | 5.6 | 4.0 | -1.6% |
Macao SAR | 0.2 | 0.4 | 0.5 | 0.4 | 26.0% |
Thailand | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
Japan | N/A | N/A | N/A | 0.1 | 0% |
Others | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
Total | 4.9 | 4.5 | 6.6 | 5.0 | 0.7% |
Top Export Markets for Salted, Dried or Smoked Meat, and Offal from China in 2022:
- Hong Kong SAR (723.9 tons)
- Macao SAR (45.8 tons)
- Thailand (20.3 tons)
- Japan (15.0 tons)
This report provides an in-depth analysis of the market for salted, dried or smoked meat, and offal in China. 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 10131120 - Hams, shoulders and cuts thereof with bone in, of swine, s alted, in brine, dried or smoked
- Prodcom 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked
- 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)
- Prodcom 10131200 - Beef and veal salted, in brine, dried or smoked
- Prodcom 10131300 - Meat salted, in brine, dried or smoked, edible flours and meals of meat or meat offal (excluding pig meat, beef and veal salted, in brine, dried or smoked)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
- 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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