Eastern Asia: Market for Duck and Goose Meat 2024

Market Size for Duck and Goose Meat in Eastern Asia

The East Asian duck and goose meat market amounted to $X in 2022, remaining constant against the previous year. The total consumption indicated a resilient expansion from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Production of Duck and Goose Meat in Eastern Asia

In value terms, duck and goose meat production expanded modestly to $X in 2022 estimated in export price. Overall, production continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

China (X tons) remains the largest duck and goose meat producing country in Eastern Asia, accounting for X% of total volume.

In China, duck and goose meat production expanded at an average annual rate of X% over the period from 2012-2022.

In 2022, the average yield of duck and goose meat in Eastern Asia stood at X kg per head, approximately equating the previous year. In general, the yield showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, the yield reached the peak level of X kg per head. From 2020 to 2022, the growth of the duck and goose meat yield remained at a somewhat lower figure.

In 2022, approx. X heads of animals slaughtered for duck and goose meat production in Eastern Asia; remaining stable against 2021 figures. The total number of producing animals indicated perceptible growth from 2012 to 2022: its figure 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, number of animals slaughtered for duck and goose meat production increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, this number attained the maximum level at X heads in 2021, and then reduced slightly in the following year.

Exports of Duck and Goose Meat

Exports in Eastern Asia

In 2022, overseas shipments of duck and goose meat increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, duck and goose meat exports rose remarkably to $X in 2022. In general, exports continue to indicate a notable expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of duck and goose meat, namely China, represented more than two-thirds of total export.

China was also the fastest-growing in terms of the duck and goose meat exports, with a CAGR of X% from 2012 to 2022. China (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest duck and goose meat supplier in Eastern Asia.

From 2012 to 2022, the average annual growth rate of value in China amounted to X%.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, stabilizing at the previous year. Export price indicated a noticeable 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, duck and goose meat export price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Imports of Duck and Goose Meat

Imports in Eastern Asia

In 2022, approx. X tons of duck and goose meat were imported in Eastern Asia; with a decrease of X% against 2021 figures. Overall, imports showed a mild decline. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, duck and goose meat imports declined to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Hong Kong SAR was the major importing country with an import of around X tons, which accounted for X% of total imports. It was distantly followed by Japan (X tons) and Macao SAR (X tons), together constituting a X% share of total imports.

Imports into Hong Kong SAR decreased at an average annual rate of X% from 2012 to 2022. At the same time, Japan (X%) and Macao SAR (X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. While the share of Japan (X p.p.) and Macao SAR (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Hong Kong SAR (X p.p.) displayed negative dynamics.

In value terms, Hong Kong SAR ($X) constitutes the largest market for imported duck and goose meat in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports.

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

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

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 ($X per ton), while Macao SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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