Preserved Belly Cut Market Overview in Ireland
In value terms, preserved belly cut production rose significantly to $ in 2019 estimated in export prices. Overall, production recorded a prominent expansion. The pace of growth appeared the most rapid in 2011 when the production volume increased by % year-to-year. Preserved belly cut production peaked in 2019 and is expected to retain growth in the immediate term.
The revenue of the preserved belly cut market in Ireland amounted to $ in 2019, with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated strong growth from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2013 indices. The growth pace was the most rapid in 2008 with an increase of % against the previous year. Over the period under review, the market reached the maximum level in 2019 and is expected to retain growth in years to come.