Serbia - Pig Meat Salted (Salted, In Brine, Dried Or Smoked) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Serbia - 2023
Contents:
- Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Serbia (CIF) - 2023
- Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Serbia (FOB) - 2022
- Imports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Serbia
- Exports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Serbia
Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Serbia (CIF) - 2023
The average import price for pig meat other than hams or bellies (salted, in brine, dried or smoked) stood at $8,097 per ton in November 2023, approximately equating the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 15% m-o-m. Over the period under review, average import prices hit record highs at $8,961 per ton in June 2023; however, from July 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($10,773 per ton), while the price for the Netherlands ($4,624 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Croatia (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Serbia (FOB) - 2022
The average export price for pig meat other than hams or bellies (salted, in brine, dried or smoked) stood at $5,193 per ton in 2022, shrinking by -3.7% against the previous year. Over the period under review, the export price saw a mild setback. The pace of growth was the most pronounced in 2014 an increase of 64% against the previous year. As a result, the export price attained the peak level of $9,956 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
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 North Macedonia ($13,800 per ton), while the average price for exports to Montenegro ($4,380 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 Bosnia and Herzegovina (+2.2%), while the prices for the other major destinations experienced a decline.
Imports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Serbia
In 2022, the amount of pig meat other than hams or bellies (salted, in brine, dried or smoked) imported into Serbia skyrocketed to 3.1K tons, surging by 19% compared with 2021 figures. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of pig meat other than hams or bellies (salted, in brine, dried or smoked) skyrocketed to $20M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Serbia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Montenegro | 6.1 | 7.9 | 9.3 | 12.4 | 26.7% |
Netherlands | 2.0 | 1.9 | 2.2 | 2.6 | 9.1% |
Croatia | 0.7 | 1.1 | 1.5 | 2.0 | 41.9% |
Slovenia | 1.4 | 1.0 | 1.5 | 1.6 | 4.6% |
Austria | 0.6 | 0.8 | 1.1 | 1.3 | 29.4% |
Bosnia and Herzegovina | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
Germany | 1.3 | 1.1 | N/A | N/A | -15.4% |
Italy | 0.8 | 0.8 | 1.0 | N/A | 11.8% |
Others | 0.1 | 0.2 | 0.4 | 0.3 | 44.2% |
Total | 13.3 | 15.1 | 17.3 | 20.5 | 15.5% |
Top Suppliers of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies to Serbia in 2022:
- Montenegro (1642.3 tons)
- Netherlands (795.5 tons)
- Slovenia (226.4 tons)
- Croatia (198.2 tons)
- Austria (128.1 tons)
- Bosnia and Herzegovina (67.2 tons)
- Italy (0.1 tons)
Exports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Serbia
In 2022, the amount of pig meat other than hams or bellies (salted, in brine, dried or smoked) exported from Serbia surged to 372 tons, jumping by 33% compared with 2021. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +7.3% 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 +61.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of pig meat other than hams or bellies (salted, in brine, dried or smoked) surged to $1.9M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 +87.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 46% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
Export of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Montenegro | 344 | 280 | 583 | 888 | 37.2% |
Bosnia and Herzegovina | 698 | 519 | 612 | 753 | 2.6% |
North Macedonia | 167 | 190 | 291 | 248 | 14.1% |
Others | 94.3 | 41.5 | 17.5 | 43.1 | -23.0% |
Total | 1,304 | 1,031 | 1,504 | 1,932 | 14.0% |
Top Export Markets for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies from Serbia in 2022:
- Montenegro (202.8 tons)
- Bosnia and Herzegovina (146.4 tons)
- North Macedonia (18.0 tons)
This report provides an in-depth analysis of the market for salted, dried, or smoked pig meat other than hams or bellies in Serbia. 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:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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
- 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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