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Northern America - Fresh or Chilled Carcases of Pig Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorthern America: Fresh Pork Carcase Market 2024
Fresh Pork Carcase Market Size in Northern America
The North American fresh pork carcase market expanded modestly to $X in 2022, growing by 3.1% against the previous year. The total consumption indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.3% against 2020 indices. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.
Fresh Pork Carcase Production in Northern America
In value terms, fresh pork carcase production rose to $X in 2022 estimated in export price. The total production indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.1% against 2020 indices. The pace of growth appeared the most rapid in 2015 with an increase of 39% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.
The country with the largest volume of fresh pork carcase production was Canada (X tons), accounting for 96% of total volume. Moreover, fresh pork carcase production in Canada exceeded the figures recorded by the second-largest producer, the United States (X tons), more than tenfold.
In Canada, fresh pork carcase production remained relatively stable over the period from 2012-2022.
Fresh Pork Carcase Exports
Exports in Northern America
In 2022, approx. X tons of fresh or chilled carcases of pig meat were exported in Northern America; approximately reflecting the previous year. In general, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2016 when exports increased by 146%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.
In value terms, fresh pork carcase exports shrank to $X in 2022. Overall, exports, however, showed a deep reduction. The pace of growth was the most pronounced in 2016 when exports increased by 265% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Exports by Country
The United States was the largest exporter of fresh or chilled carcases of pig meat in Northern America, with the volume of exports amounting to X tons, which was near 80% of total exports in 2022. It was distantly followed by Canada (X tons), mixing up a 20% share of total exports.
From 2012 to 2022, average annual rates of growth with regard to fresh pork carcase exports from the United States stood at -12.6%. At the same time, Canada (+46.9%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +46.9% from 2012-2022. Canada (+20 p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -19.7% from 2012 to 2022, respectively.
In value terms, the United States ($X) remains the largest fresh pork carcase supplier in Northern America, comprising 85% of total exports. The second position in the ranking was held by Canada ($X), with a 15% share of total exports.
In the United States, fresh pork carcase exports plunged by an average annual rate of -11.3% over the period from 2012-2022.
Export Prices by Country
In 2022, the export price in Northern America amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 48% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the export prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.5%).
Fresh Pork Carcase Imports
Imports in Northern America
In 2022, fresh pork carcase imports in Northern America skyrocketed to X tons, growing by 1,075% compared with the previous year. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2016 when imports increased by 1,725% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.
In value terms, fresh pork carcase imports skyrocketed to $X in 2022. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2015 when imports increased by 2,377% against the previous year. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.
Imports by Country
The United States prevails in imports structure, accounting for X tons, which was approx. 88% of total imports in 2022. Bermuda (X tons) held the second position in the ranking, followed by Saint Pierre and Miquelon (X tons). All these countries together took near 12% share of total imports.
The United States was also the fastest-growing in terms of the fresh or chilled carcases of pig meat imports, with a CAGR of +56.1% from 2012 to 2022. At the same time, Bermuda (+33.7%) and Saint Pierre and Miquelon (+5.1%) displayed positive paces of growth. The United States (+65 p.p.) significantly strengthened its position in terms of the total imports, while Saint Pierre and Miquelon saw its share reduced by -61.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) constitutes the largest market for imported fresh or chilled carcases of pig meat in Northern America, comprising 81% of total imports. The second position in the ranking was held by Bermuda ($X), with a 14% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value in the United States stood at +56.2%. In the other countries, the average annual rates were as follows: Bermuda (+40.1% per year) and Saint Pierre and Miquelon (+2.5% per year).
Import Prices by Country
In 2022, the import price in Northern America amounted to $X per ton, with a decrease of -10.9% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 200%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the import prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bermuda ($X per ton), while Saint Pierre and Miquelon ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bermuda (+4.8%), while the other leaders experienced mixed trends in the import price figures.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the fresh pork carcase market in Northern America. 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 10111230 - Fresh or chilled carcases and half-carcases, of pig meat (including fresh meat packed with salt as a temporary preservative)
Country coverage:
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Northern America, split by region and country
- Trade (exports and imports) in Northern America
- 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
- CONSUMPTION BY COUNTRY
- 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 VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Producing Animals, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Producing Animals, By Country, 2023
- Producing Animals, By Country, 2012-2023
- Yield, By Country, 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, 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, 2012–2023
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