Report Update: May 1, 2024

Spain - Pork (Meat Of Swine) - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Article Publishing Date: Apr 30, 2024

Spain Sees Significant Rise in Pork Exports Reaching $7B by 2023

Spain Pork Exports

In 2023, overseas shipments of pork decreased by -7.8% to 1.9M tons, falling for the second consecutive year after nine years of growth. Over the period under review, exports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2020 when exports increased by 24%. Over the period under review, the exports hit record highs at 2.2M tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, pork exports rose significantly to $7B (IndexBox estimates) in 2023. Overall, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2019 when exports increased by 27%. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in years to come. Spain Pork Exports By Country (Million USD)

COUNTRY	Export Value of Pork in Spain (million USD)
COUNTRY	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
Italy	333	329	279	297	344	315	406	384	313	424	800
China	106	148	247	491	415	384	1,201	2,921	2,414	1,119	761
France	911	839	678	581	664	610	656	615	552	533	744
Japan	160	311	253	320	457	495	552	498	628	772	672
Poland	114	103	119	162	170	201	229	191	212	285	471
Romania	36.4	42.1	49.6	89.5	119	160	178	169	195	292	426
South Korea	36.7	137	113	151	159	262	226	200	460	469	414
Portugal	361	380	282	262	306	306	301	276	301	320	388
Others	1,068	1,022	956	1,151	1,329	1,297	1,380	1,216	1,446	1,927	2,373
Total	3,125	3,311	2,976	3,505	3,964	4,031	5,130	6,472	6,521	6,143	7,048

Exports by Country

China (295K tons), Italy (244K tons) and France (193K tons) were the main destinations of pork exports from Spain, together accounting for 38% of total exports. Japan, Poland, Romania, South Korea and Portugal lagged somewhat behind, together accounting for a further 30%.

From 2013 to 2023, the biggest increases were recorded for Romania (with a CAGR of +23.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($800M), China ($761M) and France ($744M) constituted the largest markets for pork exported from Spain worldwide, with a combined 33% share of total exports. Japan, Poland, Romania, South Korea and Portugal lagged somewhat behind, together accounting for a further 34%.

Among the main countries of destination, Romania, with a CAGR of +27.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Exports by Type

Frozen pig meat other than cuts or carcases (830K tons), fresh or chilled pig meat other than cuts or carcases (702K tons) and fresh or chilled hams, shoulders and cuts of pig meat (228K tons) were the main products of pork exports from Spain, together comprising 92% of total exports. Frozen hams, shoulders and cuts of pig meat, fresh or chilled carcases of pig meat and frozen carcases of pig meat lagged somewhat behind, together accounting for a further 8.4%.

From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by frozen hams, shoulders and cuts of pig meat (with a CAGR of +10.9%), while the other products experienced more modest paces of growth.

In value terms, frozen pig meat other than cuts or carcases ($3B), fresh or chilled pig meat other than cuts or carcases ($2.9B) and fresh or chilled hams, shoulders and cuts of pig meat ($743M) appeared to be the most exported types of pork from Spain worldwide, together comprising 94% of total exports.

Frozen pig meat other than cuts or carcases, with a CAGR of +11.1%, recorded the highest growth rate of the value of exports, among the main product categories over the period under review, while shipments for the other products experienced more modest paces of growth.

Export Prices by Country

In 2023, the pork price stood at $3,669 per ton (FOB, Spain), with an increase of 24% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Portugal ($4,420 per ton), while the average price for exports to China ($2,578 per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pork market in Spain. 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:

FCL 1035 - Pig meat

Country coverage:

Spain

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Spain
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023

Spain - Pork (Meat Of Swine) - Market Analysis, Forecast, Size, Trends and Insights

Spain Sees Significant Rise in Pork Exports Reaching $7B by 2023

Spain Pork Exports

Exports by Country

Exports by Type

Export Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

Recommended posts