HS Code:
The category of 'Meat and edible meat offal, salted, in brine, dried or smoked; edible flours and meals of meat or meat offal' (HS Code: 0210) includes processed meat products that have been preserved through salting, brining, drying, or smoking, as well as edible flours and meals derived from meat or meat offal. This category encompasses a variety of products such as bacon, ham, salami, jerky, and other cured meats. These products are traded globally due to their long shelf life and cultural significance in various cuisines. The trade in this category is influenced by factors such as food safety regulations, consumer preferences for processed meats, and regional production capabilities.
Total Trade Volume
USD 15.3 billion
Data from 2022
Source
United Nations Comtrade Database
USD 2.8 billion
18.3% of total trade
Increasing
USD 2.1 billion
13.7% of total trade
Increasing
USD 1.9 billion
12.4% of total trade
Stable
USD 1.5 billion
9.8% of total trade
Stable
USD 1.2 billion
7.8% of total trade
Decreasing
Average Rate
12.5%
Highest Rate
35% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements such as EU internal trade or USMCA)
Rising demand for premium and artisanal cured meats
Increased exports from countries like Italy and Spain, known for high-quality products such as prosciutto and jamรณn ibรฉrico, targeting affluent markets in North America and Asia.
2021-2022
Growing health concerns over processed meat consumption
Decline in demand in some developed markets due to WHO reports linking processed meats to health risks, prompting stricter regulations and labeling requirements.
2020-2022
Shift towards plant-based alternatives
Emerging competition from plant-based meat substitutes, slightly reducing market share for traditional cured meats in regions with high vegan/vegetarian adoption.
2022
Post-Brexit trade agreements have led to new sanitary checks and customs procedures for meat products, impacting the flow of cured meats between the EU and the UK.
January 2023
Increased costs and delays for exporters, particularly affecting Spanish and Italian exporters to the UK market.
The United States reduced retaliatory tariffs on certain EU meat products, including cured hams, as part of a broader trade dispute resolution over aircraft subsidies.
June 2021
Boosted exports of European cured meats to the US, benefiting countries like Italy and Spain with a projected 5% increase in trade volume.
Outbreaks of African Swine Fever in major pork-producing regions have disrupted supply chains, affecting the availability of raw materials for cured meat products.
Throughout 2022
Increased prices for pork-based cured meats and shifted trade patterns, with some countries seeking alternative suppliers.