Latest Report Update: Jul 13, 2020

Eastern Asia - Meat - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Eastern Asia: Meat Market Overview 2020

Webinar: Global Animal Feed Market - Global Outlook & Insights

Join our live webinar to get insights into the global animal feed market.

Thursday, December 10th, 2020 @ 10:00 am ET

Register Now

Meat Market Size in Eastern Asia

The East Asian meat market expanded significantly to $X in 2019, growing by X% against the previous year. Overall, consumption saw a strong expansion. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. The level of consumption peaked in 2019 and is expected to retain growth in the near future.

Meat Production in Eastern Asia

In value terms, meat production rose sharply to $X in 2019 estimated in export prices. Over the period under review, production continues to indicate a prominent expansion. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. The level of production peaked in 2019 and is likely to see steady growth in the immediate term.

The country with the largest volume of meat production was China (X tonnes), comprising approx. X% of total volume. It was followed by Japan (X tonnes), with a X% share of total production.

From 2007 to 2019, the average annual rate of growth in terms of volume in China stood at +X%. In the other countries, the average annual rates were as follows: Japan (+X% per year) and South Korea (+X% per year).

The average meat yield stood at X kg per head in 2019, remaining stable against the previous year's figure. Over the period under review, the yield recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, the meat yield reached the maximum level at X kg per head in 2009; however, from 2010 to 2019, the yield stood at a somewhat lower figure.

In 2019, approx. X heads of animals slaughtered for meat production in Eastern Asia; increasing by X% on the year before. This number increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2010 when the number of producing animals increased by X% against the previous year. Over the period under review, this number reached the maximum level in 2019 and is expected to retain growth in the near future.

Production By Country in Eastern Asia

China (X tonnes) constituted the country with the largest volume of meat production, accounting for X% of total volume. It was followed by Japan (X tonnes), with a X% share of total production.

In China, meat production increased at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Japan (+X% per year) and South Korea (+X% per year).

Meat Exports

Exports in Eastern Asia

In 2019, shipments abroad of meat increased by X% to X tonnes, rising for the second year in a row after three years of decline. The total export volume increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in years to come.

In value terms, meat exports reached $X in 2019. Overall, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The level of export peaked in 2019 and is likely to continue growth in years to come.

Exports by Country

In 2019, China, Hong Kong SAR (X tonnes) represented the major exporter of meat, committing X% of total exports. It was distantly followed by China (X tonnes), creating a X% share of total exports. Japan (X tonnes) followed a long way behind the leaders.

China, Hong Kong SAR was also the fastest-growing in terms of the meat exports, with a CAGR of +X% from 2007 to 2019. At the same time, Japan (+X%) displayed positive paces of growth. By contrast, China (-X%) illustrated a downward trend over the same period. China, Hong Kong SAR (+X p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2019, the average annual growth rate of value in China, Hong Kong SAR amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: China (-X% per year) and Japan (+X% per year).

Export Prices by Country

The meat export price in Eastern Asia stood at $X per tonne in 2019, with a decrease of -X% against the previous year. Export price indicated buoyant growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, meat export price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, export prices reached the peak figure at $X per tonne in 2017; however, from 2018 to 2019, export prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced more modest paces of growth.

Meat Imports

Imports in Eastern Asia

In 2019, meat imports in Eastern Asia reduced to X tonnes, approximately equating 2018 figures. Overall, imports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. The volume of import peaked at X tonnes in 2018, and then shrank slightly in the following year.

In value terms, meat imports contracted modestly to $X in 2019. Over the period under review, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018, and then declined slightly in the following year.

Imports by Country

In 2019, China (X tonnes) and Japan (X tonnes) represented the key importers of meat in Eastern Asia, together accounting for approx. X% of total imports. South Korea (X tonnes) took a X% share (based on tonnes) of total imports, which put it in second place, followed by China, Hong Kong SAR (X%). Taiwan, Chinese (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest meat importing markets in Eastern Asia were Japan ($X), China ($X) and South Korea ($X), together comprising X% of total imports.

China recorded the highest rates of growth with regard to 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

The meat import price in Eastern Asia stood at $X per tonne in 2019, remaining stable against the previous year. In general, the import price, however, showed a modest expansion. The pace of growth was the most pronounced in 2017 when the import price increased by X% y-o-y. Over the period under review, import prices reached the peak figure at $X per tonne in 2014; however, from 2015 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Taiwan, Chinese ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for meat in Eastern Asia?
+
The country with the largest volume of meat consumption was China (71M tonnes), comprising approx. 90% of total volume. Moreover, meat consumption in China exceeded the figures recorded by the second-largest consumer, Japan (3.6M tonnes), more than tenfold.
What are the largest producers of meat in Eastern Asia?
+
China (68M tonnes) remains the largest meat producing country in Eastern Asia, comprising approx. 94% of total volume. It was followed by Japan (1.8M tonnes), with a 2.4% share of total production.
What are the leading exporters of meat in Eastern Asia?
+
In value terms, China, Hong Kong SAR ($674M) remains the largest meat supplier in Eastern Asia, comprising 53% of total exports. The second position in the ranking was occupied by China ($301M), with a 24% share of total exports.
What are the leading importers of meat in Eastern Asia?
+
In value terms, Japan ($8.4B), China ($8.4B) and South Korea ($4.7B) constituted the countries with the highest levels of imports in 2019, with a combined 84% share of total imports.
What is the average export price for meat in Eastern Asia?
+
In 2019, the meat export price in Eastern Asia amounted to $4,022 per tonne, declining by -3.3% against the previous year.
What is the average import price for meat in Eastern Asia?
+
In 2019, the meat import price in Eastern Asia amounted to $4,000 per tonne, approximately mirroring the previous year.

Product coverage:
• FCL 1108 - Meat of asses
• FCL 947 - Buffalo meat
• FCL 1127 - Meat of camels
• FCL 867 - Meat of cattle
• FCL 870 - Meat of cattle, boneless
• FCL 1017 - Goat meat
• FCL 1097 - Horse meat
• FCL 1111 - Meat of mules
• FCL 1158 - Meat of other domestic camelids
• FCL 1151 - Meat of other domestic rodents
• FCL 1035 - Pig meat
• FCL 1141 - Rabbit meat
• FCL 977 - Meat of sheep

This report provides an in-depth analysis of the meat market in Eastern 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 2025.


Country coverage:
• China, Hong Kong SAR
• China, Macao SAR
• Taiwan, Chinese
• Democratic People's Republic of Korea

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Asia, split by region and country
• Trade (exports and imports) in Eastern Asia
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2019
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 2007–2019
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

• China
• China, Hong Kong SAR
• China, Macao SAR
• Japan
• South Korea
• Taiwan, Chinese
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Producing Animals, By Country, 2007–2019
Table 7:
Yield, By Country, 2007–2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
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, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Producing Animals, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Producing Animals, By Country, 2019
Figure 24:
Producing Animals, By Country, 2007–2019
Figure 25:
Yield, By Country, 2007–2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

Webinar: Global Animal Feed Market - Global Outlook & Insights



Join our live webinar to get insights into the global animal feed market.



Thursday, December 10th, 2020 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data