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Serbia - Fresh or Chilled Pig Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSerbia: Market for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases 2024
Market Size for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Serbia
The Serbian market for fresh or chilled pig meat other than cuts or carcases soared to $X in 2022, rising by 235% against the previous year. Over the period under review, consumption recorded strong growth. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the near future.
Production of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Serbia
In value terms, production of fresh or chilled pig meat other than cuts or carcases skyrocketed to $X in 2022 estimated in export price. In general, production continues to indicate a significant expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.
Exports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases
Exports from Serbia
In 2022, shipments abroad of fresh or chilled pig meat other than cuts or carcases increased by 28% to X tons, rising for the second consecutive year after four years of decline. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 713% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.
In value terms, exports of fresh or chilled pig meat other than cuts or carcases skyrocketed to $X in 2022. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 1,131%. Over the period under review, the exports of attained the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.
Exports by Country
Montenegro (X tons) was the main destination for exports of fresh or chilled pig meat other than cuts or carcases from Serbia, accounting for a 97% share of total exports. It was followed by North Macedonia (X tons), with a 2.3% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to Montenegro totaled +43.7%.
In value terms, Montenegro ($X) remains the key foreign market for fresh or chilled pig meat other than cuts or carcases exports from Serbia, comprising 97% of total exports. The second position in the ranking was taken by North Macedonia ($X), with a 1.9% share of total exports.
From 2012 to 2022, the average annual growth rate of value to Montenegro totaled +43.9%.
Export Prices by Country
In 2022, the average export price for fresh or chilled pig meat other than cuts or carcases amounted to $X per ton, rising by 7.6% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 51%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($X per ton), while the average price for exports to North Macedonia totaled $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+20.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases
Imports into Serbia
After two years of decline, purchases abroad of fresh or chilled pig meat other than cuts or carcases increased by 149% to X tons in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 615%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of fresh or chilled pig meat other than cuts or carcases skyrocketed to $X in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 782% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
Imports by Country
In 2022, Spain (X tons) constituted the largest supplier of fresh pork other than cuts or carcases to Serbia, with a 52% share of total imports. Moreover, imports of fresh or chilled pig meat other than cuts or carcases from Spain exceeded the figures recorded by the second-largest supplier, Croatia (X tons), twofold. Hungary (X tons) ranked third in terms of total imports with a 17% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled +35.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Croatia (+9.9% per year) and Hungary (+14.5% per year).
In value terms, Spain ($X) constituted the largest supplier of fresh or chilled pig meat other than cuts or carcases to Serbia, comprising 53% of total imports. The second position in the ranking was held by Croatia ($X), with a 21% share of total imports. It was followed by Hungary, with a 16% share.
From 2012 to 2022, the average annual growth rate of value from Spain stood at +33.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Croatia (+0.9% per year) and Hungary (+12.6% per year).
Import Prices by Country
The average import price for fresh or chilled pig meat other than cuts or carcases stood at $X per ton in 2022, picking up by 14% against the previous year. Overall, the import price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2018 an increase of 23% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Croatia ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for fresh pork other than cuts or carcases 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 10111290 - Fresh or chilled pig meat (including fresh meat packed with salt as a temporary preservative, excluding carcases and halfcarcases, h ams, shoulders and cuts thereof with bone in)
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
- 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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