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Vietnam - 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 Vietnam - 2022
Contents:
- Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Vietnam (CIF) - 2022
- Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Vietnam (FOB) - 2022
- Imports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Vietnam
- Exports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Vietnam
Price for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Vietnam (CIF) - 2022
The average import price for pig meat other than hams or bellies (salted, in brine, dried or smoked) stood at $8,407 per ton in 2022, reducing by -9.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2014 an increase of 29% against the previous year. As a result, import price attained the peak level of $9,379 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Spain ($8,407 per ton) and Italy ($8,407 per ton), while the price for Denmark ($8,406 per ton) and the United States ($8,406 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+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 Vietnam (FOB) - 2022
The average export price for pig meat other than hams or bellies (salted, in brine, dried or smoked) stood at $7,772 per ton in 2022, shrinking by -24.2% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices attained the peak figure at $10,589 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($7,775 per ton), while the average price for exports to Hong Kong SAR totaled $7,771 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Vietnam
Imports of pig meat other than hams or bellies (salted, in brine, dried or smoked) into Vietnam skyrocketed to 301 tons in 2022, jumping by 65% on 2021 figures. Over the period under review, imports enjoyed a remarkable increase. As a result, imports attained 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 $2.5M in 2022. In general, imports recorded prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
Import of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 527 | 513 | 1,108 | 1,578 | 44.1% |
Italy | 649 | 499 | 523 | 883 | 10.8% |
Denmark | 526 | 69.5 | 3.1 | 12.9 | -70.9% |
Malaysia | 122 | N/A | N/A | N/A | 0% |
Others | 48.4 | 46.9 | 60.1 | 53.8 | 3.6% |
Total | 1,871 | 1,129 | 1,694 | 2,528 | 10.6% |
Top Suppliers of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies to Vietnam in 2022:
- Spain (187.7 tons)
- Italy (105.1 tons)
- Denmark (1.5 tons)
Exports of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Vietnam
In 2022, exports of pig meat other than hams or bellies (salted, in brine, dried or smoked) from Vietnam shrank to 1 tons, reducing by -13% on the previous year. Overall, exports faced a dramatic curtailment.
In value terms, exports of pig meat other than hams or bellies (salted, in brine, dried or smoked) reduced notably to $7.8K in 2022. Over the period under review, exports showed a dramatic shrinkage.
Export of Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 28.5 | 3.1 | 9.6 | 5.1 | -43.6% |
Cambodia | N/A | N/A | N/A | 2.8 | 0% |
China | 141 | 28.0 | N/A | N/A | -80.1% |
Taiwan (Chinese) | 16.8 | N/A | N/A | N/A | 0% |
Others | N/A | 0.6 | 2.3 | N/A | 283.3% |
Total | 186 | 31.8 | 11.8 | 7.8 | -65.3% |
Top Export Markets for Salted, Dried, or Smoked Pig Meat Other than Hams or Bellies from Vietnam in 2022:
- Hong Kong SAR (650.0 kg)
- Cambodia (356.0 kg)
This report provides an in-depth analysis of the market for salted, dried, or smoked pig meat other than hams or bellies in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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.
-
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
-
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
-
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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