Asia: Frozen Pork Cut Market Overview 2021

Frozen Pork Cut Market Size in Asia

For the fifth consecutive year, the Asian frozen pork cut market recorded growth in sales value, which increased by X% to $X in 2020. The total consumption indicated strong growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2015 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Frozen Pork Cut Production in Asia

In value terms, frozen pork cut production declined to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

The countries with the highest volumes of frozen pork cut production in 2020 were India (X tonnes), Japan (X tonnes) and Pakistan (X tonnes), with a combined X% share of total production. These countries were followed by Indonesia, Bangladesh, Turkey, Iran, Thailand, Saudi Arabia, South Korea, the Philippines, Malaysia and China, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of frozen pork cut production, amongst the main producing countries, was attained by Malaysia, while frozen pork cut production for the other leaders experienced more modest paces of growth.

Production By Country in Asia

The countries with the highest volumes of frozen pork cut production in 2020 were India (X tonnes), Japan (X tonnes) and Pakistan (X tonnes), together accounting for X% of total production. These countries were followed by Indonesia, Bangladesh, Turkey, Iran, Thailand, Saudi Arabia, South Korea, the Philippines, Malaysia and China, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of frozen pork cut production, amongst the main producing countries, was attained by Malaysia, while frozen pork cut production for the other leaders experienced more modest paces of growth.

Frozen Pork Cut Exports

Exports in Asia

In 2020, the amount of frozen hams, shoulders and cuts of pig meat exported in Asia fell remarkably to X tonnes, waning by -X% compared with the previous year. In general, exports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. The volume of export peaked at X tonnes in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

In value terms, frozen pork cut exports declined significantly to $X in 2020. Over the period under review, exports, however, saw a remarkable increase. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

Exports by Country

Hong Kong SAR (X tonnes) and Thailand (X tonnes) dominates frozen pork cut exports structure, together constituting X% of total exports. It was distantly followed by Japan (X tonnes), constituting an X% share of total exports. The following exporters - Georgia (X tonnes), South Korea (X tonnes) and Cyprus (X tonnes) - each finished at a X% share of total exports.

From 2007 to 2020, the biggest increases were in South Korea, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), Thailand ($X) and Japan ($X) were the countries with the highest levels of exports in 2020, with a combined X% share of total exports. These countries were followed by South Korea, Georgia and Cyprus, which together accounted for a further X the main exporting countries, South Korea saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The frozen pork cut export price in Asia stood at $X per tonne in 2020, growing by X% against the previous year. Over the period under review, the export price, however, showed a mild descent. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. The level of export peaked at $X per tonne in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was South Korea ($X per tonne), while Georgia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced mixed trends in the export price figures.

Frozen Pork Cut Imports

Imports in Asia

In 2020, supplies from abroad of frozen hams, shoulders and cuts of pig meat increased by X% to X tonnes, rising for the second year in a row after two years of decline. In general, imports enjoyed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, frozen pork cut imports soared to $X in 2020. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China dominates frozen pork cut imports structure, accounting for X tonnes, which was approx. X% of total imports in 2020. Hong Kong SAR (X tonnes) followed a long way behind the leaders.

China was also the fastest-growing in terms of the frozen hams, shoulders and cuts of pig meat imports, with a CAGR of +X% from 2007 to 2020. Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of China increased by +X% percentage points, while Hong Kong SAR (-X p.p.) saw their share reduced.

In value terms, China ($X) constitutes the largest market for imported frozen hams, shoulders and cuts of pig meat in Asia, comprising X% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value in China totaled +X%.

Import Prices by Country

The frozen pork cut import price in Asia stood at $X per tonne in 2020, picking up by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per tonne), while Hong Kong SAR totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen hams, shoulders and cuts of pig meat in Asia?

+

The country with the largest volume of frozen pork cut consumption was China (1.1M tonnes), accounting for 49% of total volume. Moreover, frozen pork cut consumption in China exceeded the figures recorded by the second-largest consumer, India (206K tonnes), fivefold. The third position in this ranking was occupied by Japan (119K tonnes), with a 5.4% share.

What are the largest producers of frozen hams, shoulders and cuts of pig meat in Asia?

+

The countries with the highest volumes of frozen pork cut production in 2020 were India (206K tonnes), Japan (117K tonnes) and Pakistan (93K tonnes), together accounting for 38% of total production. These countries were followed by Indonesia, Bangladesh, Turkey, Iran, Thailand, Saudi Arabia, South Korea, the Philippines, Malaysia and China, which together accounted for a further 40%.

What are the leading exporters of frozen hams, shoulders and cuts of pig meat in Asia?

+

In value terms, the largest frozen pork cut supplying countries in Asia were Hong Kong SAR ($4M), Thailand ($3.2M) and Japan ($954K), with a combined 88% share of total exports. South Korea, Georgia and Cyprus lagged somewhat behind, together comprising a further 7.1%.

What are the leading importers of frozen hams, shoulders and cuts of pig meat in Asia?

+

In value terms, China ($2.5B) constitutes the largest market for imported frozen hams, shoulders and cuts of pig meat in Asia, comprising 95% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($21M), with a 0.8% share of total imports.

What is the average export price for frozen hams, shoulders and cuts of pig meat in Asia?

+

The frozen pork cut export price in Asia stood at $1,810 per tonne in 2020, rising by 6% against the previous year.

What is the average import price for frozen hams, shoulders and cuts of pig meat in Asia?

+

The frozen pork cut import price in Asia stood at $2,316 per tonne in 2020, picking up by 27% against the previous year.

Recommended reports

World - Frozen Hams, Shoulders And Cuts Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights

$499

Nov 20, 2021

246

This report provides an in-depth analysis of the global frozen pork cut market.

EU - Frozen Hams, Shoulders And Cuts Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights

$499

Nov 20, 2021

132

This report provides an in-depth analysis of the frozen pork cut market in the EU.

U.S. - Frozen Hams, Shoulders And Cuts Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights

$499

Nov 20, 2021

184

This report provides an in-depth analysis of the frozen pork cut market in the U.S..

China - Frozen Hams, Shoulders And Cuts Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights

$499

Nov 20, 2021

140

This report provides an in-depth analysis of the frozen pork cut market in China.