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Asia-Pacific - Pork (Meat Of Swine) - Market Analysis, Forecast, Size, Trends and Insights
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Asia-Pacific: Pork Market Overview 2021

Pork Market Size in Asia-Pacific

After two years of decline, the Asia-Pacific pork market increased by X% to $X in 2020. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Pork Production in Asia-Pacific

In value terms, pork production contracted slightly to $X in 2020 estimated in export prices. Over the period under review, production enjoyed prominent growth. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. from 2012 to 2020, production growth failed to regain the momentum.

China (X tonnes) constituted the country with the largest volume of pork production, accounting for X% of total volume. Moreover, pork production in China exceeded the figures recorded by the second-largest producer, Viet Nam (X tonnes), more than tenfold. The third position in this ranking was occupied by the Philippines (X tonnes), with a X% share.

In China, pork production remained relatively stable over the period from 2007-2020. In the other countries, the average annual rates were as follows: Viet Nam (+X% per year) and the Philippines (+X% per year).

In 2020, the average yield of pork in Asia-Pacific was estimated at X kg per head, stabilizing at 2019 figures. Overall, the yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the yield increased by X% against the previous year. The level of yield peaked at X kg per head in 2009; however, from 2010 to 2020, the yield remained at a lower figure.

The global number of animals slaughtered for pork production amounted to X heads in 2020, remaining stable against the year before. Overall, the number of producing animals showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, this number attained the peak level at X heads in 2014; however, from 2015 to 2020, producing animals remained at a lower figure.

Production By Country in Asia-Pacific

China (X tonnes) constituted the country with the largest volume of pork production, accounting for X% of total volume. Moreover, pork production in China exceeded the figures recorded by the second-largest producer, Viet Nam (X tonnes), more than tenfold. The Philippines (X tonnes) ranked third in terms of total production with a X% share.

In China, pork production remained relatively stable over the period from 2007-2020. In the other countries, the average annual rates were as follows: Viet Nam (+X% per year) and the Philippines (+X% per year).

Pork Exports

Exports in Asia-Pacific

Pork exports reduced to X tonnes in 2020, with a decrease of -X% compared with 2019. Over the period under review, exports recorded a deep slump. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The volume of export peaked at X tonnes in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

In value terms, pork exports stood at $X in 2020. Overall, exports continue to indicate a noticeable contraction. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at $X in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Thailand (X tonnes), Australia (X tonnes), Hong Kong SAR (X tonnes), China (X tonnes) and Viet Nam (X tonnes) represented roughly X% of total exports of pork in 2020. The following exporters - Singapore (X tonnes) and Japan (X tonnes) - each resulted at an X% share of total exports.

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

In value terms, Thailand ($X), China ($X) and Australia ($X) constituted the countries with the highest levels of exports in 2020, together accounting for X% of total exports.

In terms of the main exporting countries, Thailand 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 pork export price in Asia-Pacific stood at $X per tonne in 2020, growing by X% against the previous year. Export price indicated a pronounced increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, pork export price increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of export peaked in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was China ($X per tonne), while Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Pork Imports

Imports in Asia-Pacific

In 2020, the amount of pork imported in Asia-Pacific surged to X tonnes, jumping by X% on 2019 figures. Overall, imports showed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pork imports skyrocketed to $X in 2020. In general, imports enjoyed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, China (X tonnes) represented the largest importer of pork, comprising X% of total imports. Japan (X tonnes) ranks second in terms of the total imports with a X% share, followed by South Korea (X%). The following importers - Hong Kong SAR (X tonnes), Australia (X tonnes) and Viet Nam (X tonnes) - together made up X% of total imports.

China was also the fastest-growing in terms of the pork imports, with a CAGR of +X% from 2007 to 2020. At the same time, Viet Nam (+X%), South Korea (+X%), Australia (+X%) and Japan (+X%) displayed positive paces of growth. Hong Kong SAR experienced a relatively flat trend pattern. From 2007 to 2020, the share of China increased by +X% percentage points, while Australia (-X p.p.), South Korea (-X p.p.), Hong Kong SAR (-X p.p.) and Japan (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported pork in Asia-Pacific, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

In China, pork imports expanded at an average annual rate of +X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+X% per year) and South Korea (+X% per year).

Import Prices by Country

The pork import price in Asia-Pacific stood at $X per tonne in 2020, picking up by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2009 when the import price increased by X% y-o-y. Over the period under review, import prices hit record highs at $X per tonne in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pork in Asia-Pacific?
+
China (47M tonnes) remains the largest pork consuming country in Asia-Pacific, comprising approx. 76% of total volume. Moreover, pork consumption in China exceeded the figures recorded by the second-largest consumer, Viet Nam (3.5M tonnes), more than tenfold. Japan (2.2M tonnes) ranked third in terms of total consumption with a 3.5% share.
What are the largest producers of pork in Asia-Pacific?
+
China (43M tonnes) remains the largest pork producing country in Asia-Pacific, comprising approx. 77% of total volume. Moreover, pork production in China exceeded the figures recorded by the second-largest producer, Viet Nam (3.4M tonnes), more than tenfold. The third position in this ranking was occupied by the Philippines (1.9M tonnes), with a 3.4% share.
What are the leading exporters of pork in Asia-Pacific?
+
In value terms, Thailand ($105M), China ($90M) and Australia ($83M) were the countries with the highest levels of exports in 2020, with a combined 69% share of total exports.
What are the leading importers of pork in Asia-Pacific?
+
In value terms, China ($11.9B) constitutes the largest market for imported pork in Asia-Pacific, comprising 59% of total imports. The second position in the ranking was occupied by Japan ($4.5B), with a 22% share of total imports. It was followed by South Korea, with a 6.9% share.
What is the average export price for pork in Asia-Pacific?
+
The pork export price in Asia-Pacific stood at $3,796 per tonne in 2020, increasing by 17% against the previous year.
What is the average import price for pork in Asia-Pacific?
+
In 2020, the pork import price in Asia-Pacific amounted to $3,147 per tonne, rising by 6.6% against the previous year.

Product coverage:
• FCL 1035 - Pig meat

This report provides an in-depth analysis of the pork market in Asia-Pacific. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia-Pacific, split by region and country
• Trade (exports and imports) in Asia-Pacific
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Australia
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• India
• Indonesia
• Japan
• Kiribati
• Malaysia
• Maldives
• Marshall Islands
• Micronesia
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Pakistan
• Palau
• Papua New Guinea
• Philippines
• Samoa
• Singapore
• Solomon Islands
• South Korea
• Sri Lanka
• Taiwan (Chinese)
• Thailand
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Viet Nam
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Producing Animals, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Producing Animals, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Producing Animals, By Country, 2020
Figure 24:
Producing Animals, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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