Asia: Sheep, Goat, Cow Fat Market 2020

Sheep, Goat, Cow Fat Market Size in Asia

The revenue of the sheep, goat, cow fat market in Asia amounted to $X in 2017, approximately mirroring the previous year. The sheep, goat, cow fat consumption continues to indicate an abrupt downturn. The pace of growth appeared the most rapid in 2016, when it surged by X% y-o-y. The level of sheep, goat, cow fat consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Sheep, Goat, Cow Fat Production in Asia

In 2017, the amount of fats of bovine animals, sheep or goats produced in Asia stood at X tons, therefore, remained relatively stable against the previous year. The sheep, goat, cow fat production continues to indicate a significant drop. The pace of growth appeared the most rapid in 2009, when it surged by X% y-o-y. Over the period under review, the sheep, goat, cow fat production attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Sheep, Goat, Cow Fat Exports in Asia

In 2017, approx. X tons of fats of bovine animals, sheep or goats were exported in Asia; surging by X% against the previous year. The sheep, goat, cow fat exports continue to indicate a modest expansion. The growth pace was the most rapid in 2016, with an increase of X% year-to-year. Over the period under review, the sheep, goat, cow fat exports attained its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, sheep, goat, cow fat exports stood at $X in 2017. The sheep, goat, cow fat exports continue to indicate a moderate slump. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Sheep, Goat, Cow Fat Exports by Country in Asia

India represented the main exporting country with an export of about X tons, which recorded X% of total exports. It was distantly followed by South Korea (X tons), achieving X% share of total exports. China (X tons), Saudi Arabia (X tons) and Thailand (X tons) followed a long way behind the leaders.

India was also the fastest growing in terms of the fats of bovine animals, sheep or goats exports, with a CAGR of +X% from 2007 to 2017. At the same time, China (+X%) and Saudi Arabia (+X%) displayed positive paces of growth. By contrast, South Korea (-X%) and Thailand (-X%) illustrated a downward trend over the same period. While the share of Thailand (X%) and South Korea (X%) increased significantly in terms of the global exports from 2007-2017, the share of China (-X%) and India (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest sheep, goat, cow fat supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global exports. It was followed by China, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in India totaled +X%. In the other countries, the average annual rates were as follows: South Korea (-X% per year) and China (+X% per year).

Sheep, Goat, Cow Fat Export Prices by Country in Asia

In 2017, the sheep, goat, cow fat export price in Asia amounted to $X per ton, leveling off at the previous year. The sheep, goat, cow fat export price continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2016, when the export prices increased by X% against the previous year. The level of export price peaked of $X per ton in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was India ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Thailand (+X% per year), while the other leaders experienced more modest paces of growth.

Sheep, Goat, Cow Fat Imports in Asia

The imports totaled X tons in 2017, stabilizing at the previous year. The sheep, goat, cow fat imports continue to indicate a mild slump. The most prominent rate of growth was recorded in 2016, when it surged by X% y-o-y. Over the period under review, the sheep, goat, cow fat imports reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, sheep, goat, cow fat imports amounted to $X in 2017. The sheep, goat, cow fat imports continue to indicate a noticeable reduction. Over the period under review, the sheep, goat, cow fat imports reached its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Sheep, Goat, Cow Fat Imports by Country in Asia

Singapore represented the major importer of fats of bovine animals, sheep or goats in Asia, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2017. China (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Turkey (X%). Pakistan (X tons), Japan (X tons) and South Korea (X tons) held the slight share of total imports.

Singapore was also the fastest growing in terms of the fats of bovine animals, sheep or goats imports, with a CAGR of +X% from 2007 to 2017. Pakistan (-X%), China (-X%), Turkey (-X%), South Korea (-X%) and Japan (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of China, Japan, Turkey, South Korea and Pakistan increased by X%, X%, X%, X% and X% percentage points, while Singapore (-X%) saw their share reduced.

In value terms, Singapore ($X) constitutes the largest market for imported fats of bovine animals, sheep or goats in Asia, making up X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by Turkey, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Singapore amounted to +X%. In the other countries, the average annual rates were as follows: China (-X% per year) and Turkey (-X% per year).

Sheep, Goat, Cow Fat Import Prices by Country in Asia

In 2017, the sheep, goat, cow fat import price in Asia amounted to $X per ton, picking up by X% against the previous year. The sheep, goat, cow fat import price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2017, an increase of X% y-o-y. Over the period under review, the import prices for fats of bovine animals, sheep or goats reached its peak figure level of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in China ($X per ton) and Japan ($X per ton), while South Korea ($X per ton) and Pakistan ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+X% per year), while the other leaders experienced mixed trends in the import price figures.

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Source: IndexBox Platform