The data from 2023 reveals Japan as a dominant importer, comprising 84.81% of the global prepared or preserved swine shoulders and cuts market. In contrast, the United Kingdom and Sweden show modest growth with 2.54% and 1.29% respectively, while Germany sees an 8.24% decline. Notably, countries like Switzerland and South Korea experienced growth of 10.13% and 10.71%. However, Chile and Italy saw significant contractions by 20.81% and 10.62% respectively. Stable increase was observed in Mexico at 42.16% and Colombia at 15.85%.
Future trends to watch include:
- Japan's potential continued dominance and its effects on smaller markets.
- Growth prospects in emerging markets like South Korea, propelled by increased demand.
- Impact of economic factors on traditional European markets like Germany and France experiencing declines.
- Potential market shifts due to changing agricultural policies or trade agreements.
Top countries in Import of Prepared or Preserved Swine Shoulders and Cuts Thereof Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 84.81 | 2023 | +2.05% | -0.33% | View data |
| 2 | 2 United Kingdom | 2.54 | 2023 | +2.01% | +2.53% | View data |
| 3 | 3 Sweden | 1.29 | 2023 | +1.73% | +2.34% | View data |
| 4 | 4 Germany | 0.98 | 2023 | -12.16% | -8.24% | View data |
| 5 | 5 France | 0.84 | 2023 | -4.07% | -5.42% | View data |
| 6 | 6 Denmark | 0.76 | 2023 | -1.12% | -7.33% | View data |
| 7 | 7 Lebanon | 0.57 | 2023 | +0.039% | -0.16% | View data |
| 8 | 8 Hungary | 0.52 | 2023 | +5.46% | +2.62% | View data |
| 9 | 9 Belgium | 0.5 | 2023 | +0.22% | +0.23% | View data |
| 10 | 10 Netherlands | 0.47 | 2023 | -1.85% | -1.9% | View data |