
Asia - Rabbit or Hare Meat - Market Analysis, Forecast, Size, Trends and Insights
Asia: Rabbit Meat Market 2023
Rabbit Meat Market Size in Asia
In 2021, the Asian rabbit meat market increased by 4.1% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, saw a perceptible slump. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.
Rabbit Meat Production in Asia
In value terms, rabbit meat production reached $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2018 with an increase of 14% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.
China (X tons) constituted the country with the largest volume of rabbit meat production, accounting for 74% 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 tons), threefold.
From 2012 to 2021, the average annual rate of growth in terms of volume in China totaled -5.1%.
In 2021, the average rabbit meat yield in Asia totaled X kg per head, stabilizing at the year before. In general, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the yield increased by 0.2% against the previous year. Over the period under review, the rabbit meat yield attained the peak level at X kg per head in 2012; however, from 2013 to 2021, the yield stood at a somewhat lower figure.
In 2021, number of animals slaughtered for rabbit meat production in Asia stood at X heads, with an increase of 2% on 2020 figures. Overall, the number of producing animals, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2013 when the number of producing animals increased by 4.2% against the previous year. The level of producing animals peaked at X heads in 2015; however, from 2016 to 2021, producing animals stood at a somewhat lower figure.
Rabbit Meat Exports
Exports in Asia
For the fourth consecutive year, Asia recorded decline in shipments abroad of rabbit or hare meat, which decreased by -5.4% to X tons in 2021. Overall, exports saw a abrupt contraction. The growth pace was the most rapid in 2017 when exports increased by 60%. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.
In value terms, rabbit meat exports shrank to $X in 2021. Over the period under review, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when exports increased by 42%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
China prevails in exports structure, reaching X tons, which was near 96% of total exports in 2021. The United Arab Emirates (X tons) followed a long way behind the leaders.
From 2012 to 2021, average annual rates of growth with regard to rabbit meat exports from China stood at -10.5%. At the same time, the United Arab Emirates (+22.1%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in Asia, with a CAGR of +22.1% from 2012-2021. The United Arab Emirates (+2.9 p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by -1.8% from 2012 to 2021, respectively.
In value terms, China ($X) remains the largest rabbit meat supplier in Asia, comprising 97% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 1.9% share of total exports.
In China, rabbit meat exports declined by an average annual rate of -8.5% over the period from 2012-2021.
Export Prices by Country
The export price in Asia stood at $X per ton in 2021, declining by -4.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2016 an increase of 38%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the export prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the United Arab Emirates totaled $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.2%).
Rabbit Meat Imports
Imports in Asia
Rabbit meat imports contracted modestly to X tons in 2021, declining by -3.7% compared with the year before. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by 118% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.
In value terms, rabbit meat imports contracted to $X in 2021. In general, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2013 with an increase of 46%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
China dominates imports structure, reaching X tons, which was approx. 71% of total imports in 2021. Japan (X tons) ranks second in terms of the total imports with an 8.4% share, followed by Singapore (6.3%). The following importers - Qatar (X tons), South Korea (X tons) and Cyprus (X tons) - each finished at a 9.5% share of total imports.
Imports into China increased at an average annual rate of +6.7% from 2012 to 2021. At the same time, South Korea (+44.2%), Cyprus (+17.7%), Singapore (+9.3%) and Japan (+5.1%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Asia, with a CAGR of +44.2% from 2012-2021. By contrast, Qatar (-27.2%) illustrated a downward trend over the same period. China (+46 p.p.), Japan (+5.1 p.p.), Singapore (+4.6 p.p.), South Korea (+3 p.p.) and Cyprus (+2.5 p.p.) significantly strengthened its position in terms of the total imports, while Qatar saw its share reduced by -34.2% from 2012 to 2021, respectively.
In value terms, China ($X) constitutes the largest market for imported rabbit or hare meat in Asia, comprising 46% of total imports. The second position in the ranking was taken by Japan ($X), with a 19% share of total imports. It was followed by Qatar, with a 9.1% share.
In China, rabbit meat imports plunged by an average annual rate of -2.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Japan (+2.5% per year) and Qatar (-21.4% per year).
Import Prices by Country
In 2021, the import price in Asia amounted to $X per ton, with an increase of 3.2% against the previous year. Over the period under review, the import price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2018 an increase of 26%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the import prices remained at a somewhat lower figure.
Prices varied noticeably country of destination: the country with the highest price was Qatar ($X per ton), while South Korea ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Qatar (+8.0%), while the other leaders experienced mixed trends in the import price figures.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the rabbit meat market in Asia. 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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