Rabbit Meat Market
Rabbit meat market: discover newly released statistics provided by an Ai-driven BI tool. Info cover production, market prices, market size, exports, trade, imports, companies, and consumption. Here is a breakdown by country, including the Middle East, Africa, EU, China, the U.K., Russia, the U.S., and Latin America. Market dynamics and outlook to 2030 are also provided in the dashboards.
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Rabbit Meat - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | Democratic People's Republic of Korea |
3 | Egypt |
4 | Germany |
5 | France |
In value terms, China led the market, alone. The second position in the ranking was occupied by Democratic People's Republic of Korea. It was followed by Egypt.
In China, the rabbit meat market decreased by an average annual rate of -3.5% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: Democratic People's Republic of Korea (-8.4% per year) and Egypt (+12.7% per year).
Rabbit Meat Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per kg | ||||
Spain | 4.5 | 4.2 | 3.5 | -12.1% |
Italy | 5.7 | 5.7 | 3.9 | -16.6% |
China | 4.8 | 4.7 | 4.5 | -2.8% |
France | 5.7 | 4.7 | 4.6 | -10.1% |
Belgium | 6.4 | 6.1 | 4.9 | -12.4% |
Hungary | 6.4 | 6 | 6.3 | -0.8% |
Netherlands | 6.1 | 5.2 | 8 | 14.5% |
Average | 5.5 | 5.1 | 4.8 | -6.7% |
Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($8 per kg), while Spain ($3.5 per kg) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced a decline in the export price figures.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per kg | ||||
Switzerland | 8.1 | 8.6 | 8.6 | 3.1% |
Netherlands | 6.2 | 6.2 | 7.7 | 11.2% |
Poland | 4.8 | 4.3 | 7.2 | 22.9% |
Germany | 6 | 6.1 | 5.9 | -0.8% |
Czech Republic | 5 | 5.2 | 5.3 | 3.3% |
Spain | 3.5 | 3.8 | 5.3 | 22.8% |
Portugal | 4 | 4.3 | 4.2 | 2.9% |
United States | 4.2 | 4.5 | 3.9 | -3.0% |
Italy | 4.5 | 4.2 | 3.8 | -7.9% |
Belgium | 6.1 | 5.6 | 3.7 | -21.7% |
United Kingdom | 4.3 | 4.3 | 3.7 | -6.9% |
France | 5.6 | 5.5 | 3.6 | -20.3% |
Average | 5.2 | 5.1 | 4.8 | -4.3% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Switzerland ($8.6 per kg), while France ($3.6 per kg) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Poland, while the other global leaders experienced more modest paces of growth.
Rabbit Meat - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
Germany | 49 | 33 | 31 | -20.5% |
Belgium | 17 | 15 | 17 | 2.1% |
Italy | 13 | 14 | 13 | -2.1% |
France | 11 | 8.3 | 8.4 | -12.9% |
Portugal | 11 | 8.7 | 8 | -16.3% |
In value terms, Germany ($31M), Belgium ($17M) and Italy ($13M) appeared to be the countries with the highest levels of imports in 2020, with a combined 45% share of global imports. These countries were followed by France, Portugal, the Netherlands, Switzerland, the Czech Republic, the United States, Poland, Spain and the UK, which together accounted for a further 41%.
In terms of the main importing countries, the Netherlands recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Rabbit Meat - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
Hungary | 28 | 28 | 30 | 3.4% |
China | 29 | 23 | 27 | -2.8% |
Spain | 25 | 23 | 24 | -2.6% |
France | 27 | 28 | 21 | -12.1% |
Belgium | 16 | 16 | 19 | 9.4% |
In value terms, the largest rabbit meat supplying countries worldwide were Hungary ($30M), China ($27M) and Spain ($24M), with a combined 54% share of global exports. These countries were followed by France, Belgium, Italy and the Netherlands, which together accounted for a further 34%.
In terms of the main exporting countries, Italy recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Rabbit Meat - Market Forecast
Driven by rising demand for rabbit meat worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Rabbit Meat - Top Companies
Inner Mongolia Xilin Guole Meat Foodstuffs Co., Ltd., Pilgrim's Pride Corporation, BRF S/A, Perdue Farms Inc., Sanderson Farms, Inc., Foster Poultry Farms, Wayne Farms LLC, Pilgrim's Pride Corporation of Georgia, Inc., HKScan Oyj, Dongjian Branch of Zhanjiang Food Enterprise Group Corporation, Atria Oyj, Nash Johnson & Sons Farms, Inc., Jennie-O Turkey Store, Inc., Fujian Sunner Development Co., Ltd., Mountaire Corporation, STEGGLES PTY LIMITED, BARTTER ENTERPRISES PTY. LIMITED, STEGGLES FOODS PRODUCTS PTY LIMITED, STEGGLES HOLDINGS (SHL) PTY LIMITED, BARTTER PTY LIMITED
Rabbit Meat - Product Coverage
- HS 020810 - Meat and edible meat offal; of rabbits or hares, fresh, chilled or frozen
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