Asia: Frozen Beef Carcase Market 2020

Frozen Beef Carcase Market Size in Asia

The revenue of the frozen beef carcase market in Asia amounted to $X in 2017, growing by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2016, when market value increased by X% against the previous year. The level of frozen beef carcase consumption peaked in 2017, and is expected to retain its growth in the immediate term.

Frozen Beef Carcase Production in Asia

In 2017, approx. X tons of frozen carcases of beef and veal were produced in Asia; leveling off at the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017, when it surged by X% y-o-y. In that year, the frozen beef carcase production attained their peak volume, and is likely to continue its growth in the immediate term.

Frozen Beef Carcase Exports in Asia

In 2017, frozen beef carcase exports in Asia amounted to X tons, increasing by X% against the previous year. The frozen beef carcase exports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2013, when it surged by X% year-to-year. Over the period under review, the frozen beef carcase exports reached its peak figure volume of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, frozen beef carcase exports stood at $X in 2017. The frozen beef carcase exports continue to indicate a strong increase. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Frozen Beef Carcase Exports by Country in Asia

India dominates frozen beef carcase exports structure, reaching X tons, which was approx. X% of total exports in 2017. China, Hong Kong SAR (X tons) held the slight share of total exports.

India was also the fastest growing in terms of the frozen carcases of beef and veal exports, with a CAGR of +X% from 2007 to 2017. At the same time, China, Hong Kong SAR (+X%) displayed positive paces of growth. From 2007 to 2017, the share of India decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest frozen beef carcase supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global exports.

From 2007 to 2017, the average annual rate of growth in terms of value in India stood at +X%.

Frozen Beef Carcase Export Prices by Country in Asia

In 2017, the frozen beef carcase export price in Asia amounted to $X per ton, coming down by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2010, an increase of X% y-o-y. The level of export price peaked of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in China, Hong Kong SAR ($X per ton) and India ($X per ton), while India ($X per ton) and China, Hong Kong SAR ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China, Hong Kong SAR (+X% per year).

Frozen Beef Carcase Imports in Asia

In 2017, the amount of frozen carcases of beef and veal imported in Asia amounted to X tons, rising by X% against the previous year. The total imports indicated a strong expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the frozen beef carcase imports increased by +X% against 2007 indices. The pace of growth was the most pronounced in 2013, when it surged by X% y-o-y. Over the period under review, the frozen beef carcase imports attained its maximum volume in 2017, and are likely to continue its growth in the near future.

In value terms, frozen beef carcase imports amounted to $X in 2017. The frozen beef carcase imports continue to indicate a prominent growth. The level of imports peaked in 2017, and are expected to retain its growth in the immediate term.

Frozen Beef Carcase Imports by Country in Asia

China (X tons) and Vietnam (X tons) represented roughly X% of total imports of frozen carcases of beef and veal in 2017. China, Hong Kong SAR (X tons) ranks second in terms of the global imports with a X% share, followed by South Korea (X%), Japan (X%) and the Philippines (X%). The following importers - Iran (X tons), Malaysia (X tons), Saudi Arabia (X tons), Taiwan, Chinese (X tons), Indonesia (X tons) and Israel (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Vietnam ($X) and China, Hong Kong SAR ($X) constituted the countries with the highest levels of imports in 2017, together accounting for X% of total imports.

In terms of the main importing countries , Vietnam (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Frozen Beef Carcase Import Prices by Country in Asia

In 2017, the frozen beef carcase import price in Asia amounted to $X per ton, approximately equating the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011, an increase of X% y-o-y. The level of import price peaked of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Israel ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

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

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Source: IndexBox Platform