Asia-Pacific: Market for Horse, Mule and Donkey Meat 2024

Market Size for Horse, Mule and Donkey Meat in Asia-Pacific

The Asia-Pacific market for horse, mule and donkey meat was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption, however, recorded a noticeable curtailment. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Horse, Mule and Donkey Meat in Asia-Pacific

In value terms, horse, mule and donkey meat production reduced to $X in 2022 estimated in export price. Overall, production posted a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

The country with the largest volume of horse, mule and donkey meat production was China (X tons), comprising approx. X% of total volume. Moreover, horse, mule and donkey meat production in China exceeded the figures recorded by the second-largest producer, Australia (X tons), more than tenfold.

In China, horse, mule and donkey meat production plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Australia (X% per year) and Japan (X% per year).

The average horse, mule and donkey meat yield reached X kg per head in 2022, growing by X% against the previous year. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 when the yield increased by X% against the previous year. Over the period under review, the horse, mule and donkey meat yield reached the maximum level at X kg per head in 2017; however, from 2018 to 2022, the yield stood at a somewhat lower figure.

In 2022, approx. X heads of animals slaughtered for horse, mule and donkey meat production in Asia-Pacific; picking up by X% compared with the previous year. Over the period under review, the number of producing animals, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, this number hit record highs at X heads in 2012; however, from 2013 to 2022, producing animals remained at a lower figure.

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Exports of Horse, Mule and Donkey Meat

Exports in Asia-Pacific

In 2022, after three years of decline, there was significant growth in shipments abroad of horse, mule and donkey meat, when their volume increased by X% to X tons. Over the period under review, exports, however, recorded a deep downturn. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, horse, mule and donkey meat exports skyrocketed to $X in 2022. Overall, exports, however, showed a deep setback. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons) and Australia (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Hong Kong SAR (X tons), constituting a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by China (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

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

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to X%. In the other countries, the average annual rates were as follows: Australia (X% per year) and Hong Kong SAR (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in years to come.

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

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

Imports of Horse, Mule and Donkey Meat

Imports in Asia-Pacific

In 2022, purchases abroad of horse, mule and donkey meat decreased by X% to X tons, falling for the fourth consecutive year after seven years of growth. In general, imports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs 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 stood at $X in 2022. Overall, imports, however, saw resilient growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Japan (X tons) and China (X tons) dominates imports structure, together constituting X% of total imports. Vietnam (X tons) ranks next in terms of the total imports with a X% share, followed by Hong Kong SAR (X%).

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

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

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

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced contraction. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: 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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