The global export market for prepared or preserved swine shoulders and cuts thereof in 2023 shows that Ireland dominates with a significant share, followed by the Netherlands and the United States. Noteworthy growth was observed in countries like Greece, which saw a remarkable 11.73% increase, while Denmark and Hungary experienced significant declines. Over the past five years, the compound annual growth rate (CAGR) reflects a varied landscape with moderate growth trends in leading countries like the Netherlands and the US, offset by declines in others, maintaining an overall diverse yet stable market.
Looking ahead, the trends to watch in 2024 include:
- Potential growth in emerging markets such as Greece and Slovakia, suggesting increased competitiveness or consumption.
- Continued decline in traditional markets like Belgium and Hungary might prompt strategic adjustments.
- Global economic factors could influence export dynamics, demanding agile strategies from key players in the market.
- The evolution of consumer preferences towards processed foods could impact export volumes and destinations.
Top countries in Export of Prepared or Preserved Swine Shoulders and Cuts Thereof Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 40.25 | 2023 | +5.86% | +3.75% | View data |
| 2 | 2 Netherlands | 14.98 | 2023 | +5.47% | +0.45% | View data |
| 3 | 3 United States | 11.84 | 2023 | +0.63% | +8.66% | View data |
| 4 | 4 Chile | 10.26 | 2023 | +3.81% | +3.44% | View data |
| 5 | 5 Germany | 7.96 | 2023 | +2.93% | +0.89% | View data |
| 6 | 6 Belgium | 6.75 | 2023 | -10.1% | -9.21% | View data |
| 7 | 7 Spain | 4.08 | 2023 | +0.38% | +2.57% | View data |
| 8 | 8 Poland | 2.24 | 2023 | -3.47% | -6.87% | View data |
| 9 | 9 United Kingdom | 1.71 | 2023 | +1.65% | +1.4% | View data |
| 10 | 10 Portugal | 1.32 | 2023 | +1.52% | +3.01% | View data |
