United Kingdom: Preserved Pork Market Overview 2021

Preserved Pork Market Size in the UK

The UK preserved pork market dropped to $X in 2019, shrinking by -X% against the previous year. Over the period under review, consumption, however, recorded a pronounced curtailment. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Preserved pork consumption peaked at $X in 2008; however, from 2009 to 2019, consumption remained at a lower figure.

Preserved Pork Production in the UK

In value terms, preserved pork production contracted to $X in 2019 estimated in export prices. In general, production recorded a noticeable decrease. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Preserved pork production peaked at $X in 2009; however, from 2010 to 2019, production stood at a somewhat lower figure.

Preserved Pork Exports

Exports from the UK

In 2019, after four years of decline, there was significant growth in overseas shipments of pig meat salted (salted, in brine, dried or smoked), when their volume increased by X% to X tonnes. In general, exports, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at X tonnes in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, preserved pork exports soared to $X in 2019. Over the period under review, exports, however, saw a pronounced setback. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Ireland (X tonnes) was the main destination for preserved pork exports from the UK, with a X% share of total exports. Moreover, preserved pork exports to Ireland exceeded the volume sent to the second major destination, Spain (X tonnes), fivefold. Bulgaria (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Ireland totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+X% per year) and Bulgaria (+X% per year).

In value terms, Ireland ($X) remains the key foreign market for preserved pork exports from the UK, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Ireland totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Spain (+X% per year).

Export Prices by Country

The average preserved pork export price stood at $X per tonne in 2019, reducing by -X% against the previous year. Over the period under review, the export price showed a slight slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the maximum at $X per tonne in 2008; however, from 2009 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was the United Arab Emirates ($X per tonne), while the average price for exports to Romania ($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 Italy, while the prices for the other major destinations experienced more modest paces of growth.

Preserved Pork Imports

Imports into the UK

Preserved pork imports into the UK declined to X tonnes in 2019, shrinking by -X% on 2018 figures. Overall, imports continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. As a result, imports reached the peak of X tonnes. From 2011 to 2019, the growth imports remained at a lower figure.

In value terms, preserved pork imports contracted to $X in 2019. In general, imports continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2008 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. From 2009 to 2019, the growth imports remained at a lower figure.

Imports by Country

The Netherlands (X tonnes), Denmark (X tonnes) and Germany (X tonnes) were the main suppliers of preserved pork imports to the UK, together comprising X% of total imports. These countries were followed by Ireland and Italy, which together 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 Ireland, while imports for the other leaders experienced a decline.

In value terms, the Netherlands ($X), Denmark ($X) and Ireland ($X) appeared to be the largest preserved pork suppliers to the UK, with a combined X% share of total imports.

Ireland recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2019, the average preserved pork import price amounted to $X per tonne, picking up by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per tonne in 2008; however, from 2009 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Italy ($X per tonne), while the price for Denmark ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Italy, 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 pig meat salted (salted, in brine, dried or smoked) in the world?

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The countries with the highest volumes of preserved pork consumption in 2019 were China (1.6M tonnes), the U.S. (833K tonnes) and India (629K tonnes), with a combined 32% share of global consumption. The UK, Brazil, Russia, Indonesia, Japan, Pakistan, Bangladesh, Nigeria and Mexico lagged somewhat behind, together comprising a further 25%.

What are the largest producers of pig meat salted (salted, in brine, dried or smoked) in the world?

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The countries with the highest volumes of preserved pork production in 2019 were China (1.6M tonnes), the U.S. (834K tonnes) and India (629K tonnes), together accounting for 32% of global production. Brazil, the UK, Russia, Indonesia, Japan, Pakistan, Bangladesh, Nigeria, Mexico and Germany lagged somewhat behind, together accounting for a further 25%.

What are the leading suppliers of pig meat salted (salted, in brine, dried or smoked) to the UK?

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In value terms, the Netherlands ($272M), Denmark ($146M) and Ireland ($75M) were the largest preserved pork suppliers to the UK, with a combined 79% share of total imports.

What are the leading importers of pig meat salted (salted, in brine, dried or smoked) from the UK?

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In value terms, Ireland ($26M) remains the key foreign market for preserved pork exports from the UK, comprising 44% of total exports. The second position in the ranking was occupied by France ($8M), with a 14% share of total exports. It was followed by Spain, with a 8.1% share.

What is the average export price for pig meat salted (salted, in brine, dried or smoked) in the UK?

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In 2019, the average preserved pork export price amounted to $3,904 per tonne, dropping by -4.9% against the previous year.

What is the average import price for pig meat salted (salted, in brine, dried or smoked) in the UK?

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In 2019, the average preserved pork import price amounted to $3,683 per tonne, with an increase of 11% against the previous year.