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Canada - Frozen Carcases of Pig Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanada: Frozen Pork Carcase Market 2024
Frozen Pork Carcase Market Size in Canada
The Canadian frozen pork carcase market reduced to $X in 2022, falling by -4.9% against the previous year. Overall, consumption showed a noticeable decrease. Frozen pork carcase consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.
Frozen Pork Carcase Production in Canada
In value terms, frozen pork carcase production fell slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 22%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.
Frozen Pork Carcase Exports
Exports from Canada
In 2022, the amount of frozen carcases of pig meat exported from Canada surged to X tons, with an increase of 307% compared with 2021 figures. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 846%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, frozen pork carcase exports soared to $X in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2019 when exports increased by 1,270%. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
Exports by Country
The Philippines (X tons) was the main destination for frozen pork carcase exports from Canada, accounting for a 66% share of total exports. Moreover, frozen pork carcase exports to the Philippines exceeded the volume sent to the second major destination, Barbados (X tons), fivefold. The third position in this ranking was taken by Colombia (X tons), with an 8.5% share.
From 2012 to 2022, the average annual growth rate of volume to the Philippines totaled +71.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Barbados (+31.9% per year) and Colombia (+44.1% per year).
In value terms, the Philippines ($X) emerged as the key foreign market for frozen carcases of pig meat exports from Canada, comprising 60% of total exports. The second position in the ranking was held by Barbados ($X), with a 15% share of total exports. It was followed by Colombia, with an 11% share.
From 2012 to 2022, the average annual rate of growth in terms of value to the Philippines totaled +71.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Barbados (+29.4% per year) and Colombia (+39.7% per year).
Export Prices by Country
The average frozen pork carcase export price stood at $X per ton in 2022, reducing by -18.7% against the previous year. Overall, the export price recorded a noticeable slump. The most prominent rate of growth was recorded in 2019 when the average export price increased by 45%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to China ($X 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 the United States (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Pork Carcase Imports
Imports into Canada
For the third year in a row, Canada recorded growth in purchases abroad of frozen carcases of pig meat, which increased by 305% to X tons in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 1,230% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, frozen pork carcase imports soared to $X in 2022. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 908% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Imports by Country
In 2022, Spain (X tons) was the main supplier of frozen pork carcase to Canada, accounting for a approx. 100% share of total imports.
From 2012 to 2022, the average annual growth rate of volume from Spain stood at +97.9%.
In value terms, Spain ($X) constituted the largest supplier of frozen carcases of pig meat to Canada.
From 2012 to 2022, the average annual rate of growth in terms of value from Spain stood at +83.1%.
Import Prices by Country
In 2022, the average frozen pork carcase import price amounted to $X per ton, declining by -36% against the previous year. Over the period under review, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 61%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -3.0% per year.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the frozen pork carcase market in Canada. 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 10113230 - Frozen carcases and half-carcases, of pig meat
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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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