Australia and Oceania: Market for Prepared Or Preserved Shoulders And Cuts Of Swine Meat 2024

Market Size for Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Australia and Oceania

In 2022, the preserved swine meat cut market in Australia and Oceania decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption recorded a perceptible slump. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Australia and Oceania

In value terms, preserved swine meat cut production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a deep slump. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Exports in Australia and Oceania

In 2022, the amount of prepared or preserved shoulders and cuts of swine meat exported in Australia and Oceania fell sharply to X tons, dropping by X% compared with 2021 figures. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, preserved swine meat cut exports shrank remarkably to $X in 2022. Overall, exports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

New Zealand dominates exports structure, accounting for X tons, which was near X% of total exports in 2022. Australia (X kg) held the second position in the ranking, followed by New Caledonia (X kg). All these countries together held approx. X% share of total exports.

New Zealand was also the fastest-growing in terms of the prepared or preserved shoulders and cuts of swine meat exports, with a CAGR of X% from 2012 to 2022. New Caledonia (X%) and Australia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of New Zealand increased by X percentage points.

In value terms, New Zealand ($X) remains the largest preserved swine meat cut supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with an X% share of total exports.

In New Zealand, preserved swine meat cut exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Australia (X% per year) and New Caledonia (X% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price showed a noticeable reduction. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Caledonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced a decline in the export price figures.

Imports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Imports in Australia and Oceania

In 2022, after five years of growth, there was significant decline in purchases abroad of prepared or preserved shoulders and cuts of swine meat, when their volume decreased by X% to X tons. In general, imports, however, posted a moderate increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then reduced in the following year.

In value terms, preserved swine meat cut imports reduced to $X in 2022. Overall, imports, however, continue to indicate a notable expansion. The pace of growth was the most pronounced in 2019 when imports increased by X%. The level of import peaked at $X in 2021, and then fell in the following year.

Imports by Country

New Caledonia was the major importer of prepared or preserved shoulders and cuts of swine meat in Australia and Oceania, with the volume of imports finishing at X tons, which was near X% of total imports in 2022. It was distantly followed by Micronesia (X tons), comprising a X% share of total imports. Marshall Islands (X tons) followed a long way behind the leaders.

Imports into New Caledonia increased at an average annual rate of X% from 2012 to 2022. At the same time, Micronesia (X%) displayed positive paces of growth. Moreover, Micronesia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, Marshall Islands (X%) illustrated a downward trend over the same period. Micronesia (X p.p.) and New Caledonia (X p.p.) significantly strengthened its position in terms of the total imports, while Marshall Islands saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, New Caledonia ($X) constitutes the largest market for imported prepared or preserved shoulders and cuts of swine meat in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by Micronesia ($X), with a X% share of total imports.

In New Caledonia, preserved swine meat cut imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Micronesia (X% per year) and Marshall Islands (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Marshall Islands ($X per ton), while New Caledonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Micronesia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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