Asia: Rabbit Meat Market Overview 2021

Rabbit Meat Market Size in Asia

The Asian rabbit meat market contracted to $X in 2020, dropping by -X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2020, consumption failed to regain the momentum.

Rabbit Meat Production in Asia

In value terms, rabbit meat production reduced slightly to $X in 2020 estimated in export prices. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2020, production stood at a somewhat lower figure.

China (X tonnes) remains the largest rabbit meat producing country in Asia, comprising approx. X% of total volume. Moreover, rabbit meat production in China exceeded the figures recorded by the second-largest producer, Democratic People's Republic of Korea (X tonnes), threefold.

In China, rabbit meat production contracted by an average annual rate of -X% over the period from 2007-2020.

In 2020, the average yield of rabbit or hare meat in Asia stood at X kg per X heads, remaining relatively unchanged against the previous year's figure. Overall, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, the rabbit meat yield reached the peak level at X kg per X heads in 2011; however, from 2012 to 2020, the yield failed to regain the momentum.

The global number of animals slaughtered for rabbit meat production contracted slightly to X heads in 2020, therefore, remained relatively stable against the previous year's figure. Over the period under review, the number of producing animals saw a mild shrinkage. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. The level of producing animals peaked at X heads in 2015; however, from 2016 to 2020, producing animals failed to regain the momentum.

Production by Country in Asia

The country with the largest volume of rabbit meat production was China (X tonnes), comprising approx. X% of total volume. Moreover, rabbit meat production in China exceeded the figures recorded by the second-largest producer, Democratic People's Republic of Korea (X tonnes), threefold.

In China, rabbit meat production contracted by an average annual rate of -X% over the period from 2007-2020.

Rabbit Meat Exports

Exports in Asia

For the third consecutive year, Asia recorded decline in overseas shipments of rabbit or hare meat, which decreased by -X% to X tonnes in 2020. Overall, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, exports attained the peak of X tonnes. from 2015 to 2020, the growth exports remained at a lower figure.

In value terms, rabbit meat exports declined sharply to $X in 2020. in general, exports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. from 2015 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

China prevails in rabbit meat exports structure, resulting at X tonnes, which was approx. X% of total exports in 2020. The United Arab Emirates (X tonnes) occupied a little share of total exports.

Exports from China decreased at an average annual rate of -X% from 2007 to 2020. The United Arab Emirates experienced a relatively flat trend pattern. The United Arab Emirates (+X p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, China ($X) remains the largest rabbit meat supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value in China amounted to -X%.

Export Prices by Country

In 2020, the rabbit meat export price in Asia amounted to $X per tonne, dropping by -X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2018 when the export price increased by X% y-o-y. As a result, export price attained the peak level of $X per tonne. from 2019 to 2020, the growth in terms of the export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per tonne), while the United Arab Emirates amounted to $X per tonne.

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

Rabbit Meat Imports

Imports in Asia

In 2020, the amount of rabbit or hare meat imported in Asia declined significantly to X tonnes, waning by -X% on the previous year's figure. Overall, imports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. The volume of import peaked at X tonnes in 2014; however, from 2015 to 2020, imports remained at a lower figure.

In value terms, rabbit meat imports contracted significantly to $X in 2020. Over the period under review, imports saw a mild reduction. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. The level of import peaked at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X tonnes) represented the major importer of rabbit or hare meat, making up X% of total imports. Hong Kong SAR (X tonnes) ranks second in terms of the total imports with a X% share, followed by Japan (X%) and Kuwait (X%). The following importers - Oman (X tonnes), Yemen (X tonnes), Cyprus (X tonnes) and the United Arab Emirates (X tonnes) - together made up X% of total imports.

From 2007 to 2020, average annual rates of growth with regard to rabbit meat imports into China stood at +X%. at the same time, Oman (+X%) and Kuwait (+X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in Asia, with a CAGR of +X% from 2007-2020. Yemen, the United Arab Emirates and Japan experienced a relatively flat trend pattern. by contrast, Hong Kong SAR (-X%) and Cyprus (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), Kuwait (+X p.p.), Oman (+X p.p.), Hong Kong SAR (+X p.p.) and Japan (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Japan ($X) and Kuwait ($X) appeared to be the countries with the highest levels of imports in 2020, with a combined X% share of total imports.

Kuwait recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the rabbit meat import price in Asia amounted to $X per tonne, growing by X% against the previous year. Import price indicated temperate growth 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. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. As a result, import price reached the peak level of $X per tonne. from 2014 to 2020, the growth in terms of the import prices failed to regain the momentum.

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 Kuwait, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform