EU: Sausage Market 2024

Sausage Market Size in the EU

In 2022, the EU sausage market decreased by X% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption saw a drastic downturn. The growth pace was the most rapid in 2020 with an increase of X%. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Sausage Production in the EU

In value terms, sausage production reduced remarkably to $X in 2022 estimated in export price. Overall, production saw a dramatic setback. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Sausage Exports

Exports in the EU

In 2022, sausage exports in the European Union amounted to X tons, surging by X% against 2021 figures. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, sausage exports expanded modestly to $X in 2022. Total exports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons), Poland (X tons), Spain (X tons), Italy (X tons), the Netherlands (X tons), Belgium (X tons), Austria (X tons), France (X tons), Denmark (X tons), Slovakia (X tons), the Czech Republic (X tons) and Hungary (X tons) represented roughly X% of total exports in 2022.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest sausage supplying countries in the European Union were Germany ($X), Italy ($X) and Spain ($X), together accounting for X% of total exports. Poland, Austria, the Netherlands, Belgium, France, Denmark, Hungary, the Czech Republic and Slovakia 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 exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, which is down by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

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

Sausage Imports

Imports in the EU

For the eleventh consecutive year, the European Union recorded growth in supplies from abroad of sausages and similar products of meat, which increased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, sausage imports rose slightly to $X in 2022. Total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Germany (X tons), followed by France (X tons), Belgium (X tons), the Netherlands (X tons), Hungary (X tons) and Slovakia (X tons) were the key importers of sausages and similar products of meat, together committing X% of total imports. Denmark (X tons), Spain (X tons), Romania (X tons), the Czech Republic (X tons), Sweden (X tons), Ireland (X tons) and Latvia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Belgium ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. The Netherlands, Hungary, Denmark, Slovakia, Sweden, Spain, Romania, the Czech Republic, Ireland and Latvia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Romania, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, reducing by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2021, and then dropped slightly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sweden ($X per ton), while Hungary ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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