Asia: Market for Horse, Mule and Donkey Meat 2024

Market Size for Horse, Mule and Donkey Meat in Asia

In 2022, the Asian market for horse, mule and donkey meat was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, continues to indicate a pronounced decline. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Horse, Mule and Donkey Meat in Asia

In value terms, horse, mule and donkey meat production fell slightly to $X in 2022 estimated in export price. Over the period under review, production enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were China (X tons), Kazakhstan (X tons) and Mongolia (X tons), with a combined X% share of total production.

From 2012 to 2022, the biggest increases were recorded for Mongolia (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average horse, mule and donkey meat yield declined slightly to X kg per head in 2022, therefore, remained relatively stable against the year before. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the horse, mule and donkey meat yield hit record highs at X kg per head in 2017; however, from 2018 to 2022, the yield remained at a lower figure.

In 2022, number of animals slaughtered for horse, mule and donkey meat production in Asia totaled X heads, increasing by X% on the previous year. In general, the number of producing animals, however, continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of producing animals peaked at X heads in 2012; however, from 2013 to 2022, producing animals failed to regain momentum.

Exports of Horse, Mule and Donkey Meat

Exports in Asia

In 2022, overseas shipments of horse, mule and donkey meat decreased by X% to X tons, falling for the fourth year in a row after four years of growth. Over the period under review, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, horse, mule and donkey meat exports surged to $X in 2022. In general, exports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Mongolia dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Iran (X tons), mixing up a X% share of total exports. China (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to horse, mule and donkey meat exports from Mongolia stood at X%. At the same time, China (X%) and Iran (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. Mongolia (X p.p.) and China (X p.p.) significantly strengthened its position in terms of the total exports, while Iran saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Mongolia ($X) remains the largest horse, mule and donkey meat supplier in Asia, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Mongolia stood at X%. In the other countries, the average annual rates were as follows: China (X% per year) and Iran (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, growing by X% against the previous year. Export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, horse, mule and donkey meat export price increased by X% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (X%), while the other leaders experienced a decline in the export price figures.

Imports of Horse, Mule and Donkey Meat

Imports in Asia

In 2022, purchases abroad of horse, mule and donkey meat decreased by X% to X tons, falling for the fourth year in a row after four years of growth. Overall, imports, however, saw a measured increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, horse, mule and donkey meat imports expanded rapidly to $X in 2022. Over the period under review, imports, however, posted temperate growth. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Japan (X tons), China (X tons) and Kazakhstan (X tons) was the largest importer of horse, mule and donkey meat in Asia, creating X% of total import. It was distantly followed by Vietnam (X tons), committing a X% share of total imports. Hong Kong SAR (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Hong Kong SAR (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported horse, mule and donkey meat in Asia, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Japan stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and China (X% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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