Slovakia: Preserved Swine Belly Market Overview 2021

Preserved Swine Belly Market Size in Slovakia

The Slovak preserved swine belly market rose rapidly to $X in 2019, with an increase of X% against the previous year. In general, the total consumption indicated a moderate increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Preserved swine belly consumption peaked at $X in 2009; however, from 2010 to 2019, consumption failed to regain the momentum.

Preserved Swine Belly Production in Slovakia

In value terms, preserved swine belly production expanded to $X in 2019 estimated in export prices. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. As a result, production reached the peak level of $X. From 2009 to 2019, production growth remained at a somewhat lower figure.

Preserved Swine Belly Exports

Exports from Slovakia

Preserved swine belly exports from Slovakia declined to X tonnes in 2019, shrinking by -X% compared with 2018 figures. Over the period under review, exports showed a abrupt descent. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, preserved swine belly exports contracted remarkably to $X in 2019. Overall, exports showed a abrupt setback. The growth pace was the most rapid in 2013 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.

Exports by Country

The Czech Republic (X tonnes) was the main destination for preserved swine belly exports from Slovakia, with a X% share of total exports. Moreover, preserved swine belly exports to the Czech Republic exceeded the volume sent to the second major destination, the UK (X tonnes), fourfold.

From 2007 to 2019, the average annual growth rate of volume to the Czech Republic amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-X% per year) and Hungary (+X% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for preserved swine belly exports from Slovakia, comprising X% of total exports. The second position in the ranking was occupied by the UK ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to the Czech Republic stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-X% per year) and Hungary (+X% per year).

Export Prices by Country

The average preserved swine belly export price stood at $X per tonne in 2019, which is down by -X% against the previous year. Over the period under review, the export price showed a noticeable decline. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2013 to 2019, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Hungary ($X per tonne), while the average price for exports to the UK ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced a decline.

Preserved Swine Belly Imports

Imports into Slovakia

In 2019, overseas purchases of bellies and cuts of swine (salted, in brine, dried or smoked) increased by X% to X tonnes, rising for the seventh year in a row after three years of decline. In general, imports posted resilient growth. The pace of growth appeared the most rapid in 2008 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2019 and are likely to continue growth in the near future.

In value terms, preserved swine belly imports soared to $X in 2019. Over the period under review, imports posted buoyant growth. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2019 and are expected to retain growth in the immediate term.

Imports by Country

The Czech Republic (X tonnes), Germany (X tonnes) and Croatia (X tonnes) were the main suppliers of preserved swine belly imports to Slovakia, with a combined X% share of total imports. These countries were followed by Spain, which accounted for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Germany ($X) and Croatia ($X) appeared to be the largest preserved swine belly suppliers to Slovakia, with a combined X% share of total imports. These countries were followed by Spain, which accounted for a further X the main suppliers, Spain (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average preserved swine belly import price stood at $X per tonne in 2019, increasing by X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per tonne in 2014; however, from 2015 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for Spain ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bellies and cuts of swine (salted, in brine, dried or smoked) in the world?

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The countries with the highest volumes of preserved swine belly consumption in 2019 were China (563K tonnes), the U.S. (366K tonnes) and India (212K tonnes), with a combined 29% share of global consumption. Japan, Russia, France, Pakistan, Indonesia, Brazil, Nigeria, Poland, Bangladesh and Mexico lagged somewhat behind, together accounting for a further 26%.

What are the largest producers of bellies and cuts of swine (salted, in brine, dried or smoked) in the world?

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The countries with the highest volumes of preserved swine belly production in 2019 were China (563K tonnes), the U.S. (385K tonnes) and India (212K tonnes), with a combined 30% share of global production. Russia, Japan, Pakistan, France, Indonesia, Brazil, Nigeria, Poland, Bangladesh and Germany lagged somewhat behind, together accounting for a further 26%.

What are the leading suppliers of bellies and cuts of swine (salted, in brine, dried or smoked) to Slovakia?

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In value terms, the Czech Republic ($2M), Germany ($1.7M) and Croatia ($668K) appeared to be the largest preserved swine belly suppliers to Slovakia, together accounting for 96% of total imports. These countries were followed by Spain, which accounted for a further 1.6%.

What are the leading importers of bellies and cuts of swine (salted, in brine, dried or smoked) from Slovakia?

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In value terms, the Czech Republic ($152K) remains the key foreign market for preserved swine belly exports from Slovakia, comprising 89% of total exports. The second position in the ranking was occupied by the UK ($16K), with a 9.1% share of total exports.

What is the average export price for bellies and cuts of swine (salted, in brine, dried or smoked) in Slovakia?

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In 2019, the average preserved swine belly export price amounted to $2,484 per tonne, waning by -4.5% against the previous year.

What is the average import price for bellies and cuts of swine (salted, in brine, dried or smoked) in Slovakia?

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In 2019, the average preserved swine belly import price amounted to $4,891 per tonne, increasing by 11% against the previous year.