Italy: Preserved Swine Meat Market 2024

Preserved Swine Meat Market Size in Italy

The Italian preserved swine meat market expanded modestly to $X in 2023, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2023.

Preserved Swine Meat Production in Italy

In value terms, preserved swine meat production declined slightly to $X in 2023 estimated in export price. In general, the total production indicated a perceptible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2022, and then dropped in the following year.

Preserved Swine Meat Exports

Exports from Italy

In 2023, the amount of prepared or preserved hams and cuts of swine meat exported from Italy rose rapidly to X tons, with an increase of X% against the year before. Overall, total exports indicated buoyant growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2023, the exports failed to regain momentum.

In value terms, preserved swine meat exports surged to $X in 2023. In general, total exports indicated a resilient increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2023 and are expected to retain growth in the near future.

Exports by Country

France (X tons), Germany (X tons) and the UK (X tons) were the main destinations of preserved swine meat exports from Italy, together comprising X% of total exports. Spain, Poland, Belgium, Austria, the United States, Bulgaria, Denmark, Romania, the Czech Republic and Croatia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the UK ($X) were the largest markets for preserved swine meat exported from Italy worldwide, together comprising X% of total exports. Austria, Spain, Belgium, Poland, the United States, Denmark, Romania, Croatia, Bulgaria and the Czech Republic lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

The average preserved swine meat export price stood at $X per ton in 2023, increasing by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; afterwards, it flattened through to 2023.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Swine Meat Imports

Imports into Italy

In 2023, approx. X tons of prepared or preserved hams and cuts of swine meat were imported into Italy; with an increase of X% on 2022 figures. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at X tons in 2015; however, from 2016 to 2023, imports remained at a lower figure.

In value terms, preserved swine meat imports skyrocketed to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2023, Poland (X tons) constituted the largest supplier of preserved swine meat to Italy, accounting for a X% share of total imports. Moreover, preserved swine meat imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was held by Hungary (X tons), with an X% share.

From 2012 to 2023, the average annual growth rate of volume from Poland was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Hungary (X% per year).

In value terms, Poland ($X) constituted the largest supplier of prepared or preserved hams and cuts of swine meat to Italy, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with an X% share of total imports. It was followed by Spain, with an X% share.

From 2012 to 2023, the average annual growth rate of value from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Spain (X% per year).

Import Prices by Country

The average preserved swine meat import price stood at $X per ton in 2023, jumping by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform