Salted, in brine, dried or smoked beef market in Northern Europe

Earlier Report Observations

The market for salted, in brine, dried or smoked beef in Northern Europe contracted significantly between 2018 and 2021. Market volume fell from 9 324 t in 2018 to 5 507 t in 2021, with the sharpest drop occurring in 2020 when it reached 6 392 t.

A recovery began in 2022, with the market expanding to 5 677 t that year and then jumping to 8 044 t in 2023, nearly returning to the 2018 level.

Production salted, in brine, dried or smoked beef in Northern Europe

In kind, 2017-2020, t

Top producers of salted, in brine, dried or smoked beef, 2017-2020

World map of production of salted, in brine, dried or smoked beef, 2017-2020

In Northern Europe, production of salted, in brine, dried or smoked beef reached 5 023 tonnes in 2020, marking a significant decline of 39.6% compared to the previous year. Looking at the broader period from 2017 to 2020, production fell by 46.8%, which translates to an average annual decrease of 19.0%. The only year that saw growth during this timeframe was 2019, with an increase of 8.7%.

Annual dynamics of production in Northern Europe in kind, 2017-2020, t

In value, 2017-2020, K $ US

Northern Europe's production of salted, in brine, dried or smoked beef continued its downward trend for the third year in a row. In 2020, the output was valued at 49 420 thousand US dollars, representing a 34.9% drop year-on-year. Over the four-year span from 2017 to 2020, production value decreased by 42.8%, averaging an annual decline of 17.0%.

Annual dynamics of production in Northern Europe in value, 2017-2020, K $ US

Exports salted, in brine, dried or smoked beef from Northern Europe

Exports in kind, t

Following two years of growth, exports of salted, in brine, dried or smoked beef from Northern Europe declined in 2020. That year, exports totaled 2 427 tonnes, down 11.1% from 2019. However, over the full period from 2017 to 2020, exports actually increased by 48%, with an average annual growth rate of 14.0%. The peak was reached in 2019 at 2 729 tonnes, which also saw the largest annual increase of 56.2%.

Annual dynamics of product's exports from Northern Europe in kind, 2017-2020, t

From 2017 to 2020, the main destinations for Northern Europe's exports of salted, in brine, dried or smoked beef in volume terms were Spain, Italy, and Germany. Spain accounted for 33.2% of exports, Italy for 20.1%, and Germany for 10.8%. Together, these three countries made up 64.1% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Northern Europe in kind, 2017-2020

Exports in value, K $ US

After rising for two consecutive years, the value of salted, in brine, dried or smoked beef exports from Northern Europe fell in 2020. Exports that year stood at 23 880 thousand US dollars, a decrease of 4.1% compared to 2019. Despite this recent drop, exports grew by 59.4% over the 2017-2020 period, averaging an annual increase of 16.8%. The highest value was recorded in 2019 at 24 891 thousand US dollars, which also experienced the largest annual growth of 39.4%.

Annual dynamics of product's exports from Northern Europe in value, 2017-2020, K $ US

In terms of value, the key markets for Northern Europe's salted, in brine, dried or smoked beef exports from 2017 to 2020 were Spain, Italy, and Germany. Spain represented 31.8% of export value, Italy 25.9%, and Germany 9.6%. Collectively, these three countries accounted for 67.4% of total export value during this period.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Northern Europe in value, 2017-2020

Imports salted, in brine, dried or smoked beef to Northern Europe

Imports in kind, t

Imports of salted, in brine, dried or smoked beef into Northern Europe grew for the second year in a row. In 2020, imports reached 3 417 tonnes, up 9.9% year-on-year. However, over the longer term from 2017 to 2020, imports decreased by 38.5%, with an average annual decline of 15.0%. The lowest point was in 2018 at 3 417 tonnes, which also saw the sharpest annual drop of 44.7%.

Annual dynamics of product's imports to Northern Europe in kind, 2017-2020, t

From 2017 to 2020, imports of salted, in brine, dried or smoked beef into Northern Europe in volume terms were quite diversified. Germany was the largest source with 14.6% of imports, followed by Poland at 12.1%, and the Netherlands at 6.0%. Together, these three countries accounted for only 32.6% of total import flows, indicating a broad spread across many suppliers.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Northern Europe in kind, 2017-2020

Imports in value, K $ US

Northern Europe's imports of salted, in brine, dried or smoked beef increased for the second consecutive year. In 2020, imports were valued at 35 577 thousand US dollars, a 2.9% rise compared to 2019. Over the 2017-2020 period, however, import value decreased by 5.7%, averaging an annual decline of 1.9%. The lowest value was in 2018 at 31 815 thousand US dollars, which also had the largest annual decrease of 15.6%. In contrast, 2019 saw the biggest annual increase of 8.6%.

Annual dynamics of product's imports to Northern Europe in value, 2017-2020, K $ US

The import structure in value terms from 2017 to 2020 was highly diversified. Italy was the top source with 17.4% of import value, followed by Germany at 12.9%, and the Netherlands at 7.7%. Together, these three countries made up just 38.0% of total import flows, with no single country holding a dominant position.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Northern Europe in value, 2017-2020