Report Update Apr 1, 2024

India - Fresh or Chilled Carcases of Pig Meat - Market Analysis, Forecast, Size, Trends and Insights

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India: Fresh Pork Carcase Market 2024

Fresh Pork Carcase Market Size in India

The Indian fresh pork carcase market fell modestly to $X in 2022, waning by -4.6% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Fresh Pork Carcase Production in India

In value terms, fresh pork carcase production dropped to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 25%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Fresh Pork Carcase Exports

Exports from India

In 2022, after four years of growth, there was significant decline in overseas shipments of fresh or chilled carcases of pig meat, when their volume decreased by -77.8% to X tons. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2019 when exports increased by 817%. The exports peaked at X tons in 2021, and then fell dramatically in the following year.

In value terms, fresh pork carcase exports shrank dramatically to $X in 2022. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2019 with an increase of 890% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted sharply in the following year.

Exports by Country

Bhutan (X tons) was the main destination for fresh pork carcase exports from India, with a approx. 100% share of total exports.

From 2018 to 2022, the average annual growth rate of volume to Bhutan amounted to +150.0%.

In value terms, Bhutan ($X) also remains the key foreign market for fresh or chilled carcases of pig meat exports from India.

From 2018 to 2022, the average annual growth rate of value to Bhutan amounted to +199.8%.

Export Prices by Country

The average fresh pork carcase export price stood at $X per ton in 2022, growing by 3.7% against the previous year. Over the last four-year period, it increased at an average annual rate of +8.7%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 17%. The export price peaked in 2022 and is expected to retain growth in the near future.

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

From 2018 to 2022, the rate of growth in terms of prices for Bhutan amounted to +19.9% per year.

Fresh Pork Carcase Imports

Imports into India

In 2022, fresh pork carcase imports into India reached X tons, growing by 11% compared with the previous year. Over the period under review, imports, however, saw a mild curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by 82%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, fresh pork carcase imports rose rapidly to $X in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 11%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X tons) was the main supplier of fresh pork carcase to India, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to -1.4%.

In value terms, Italy ($X) constituted the largest supplier of fresh or chilled carcases of pig meat to India.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to +1.5%.

Import Prices by Country

In 2022, the average fresh pork carcase import price amounted to $X per ton, which is down by -2.6% against the previous year. Overall, the import price, however, continues to indicate moderate growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 111%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +2.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fresh or chilled carcases of pig meat in the world?

The country with the largest volume of fresh pork carcase consumption was China, accounting for 22% of total volume. Moreover, fresh pork carcase consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. Russia ranked third in terms of total consumption with a 6.9% share.

What are the largest producers of fresh or chilled carcases of pig meat in the world?

China remains the largest fresh pork carcase producing country worldwide, comprising approx. 22% of total volume. Moreover, fresh pork carcase production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was taken by Russia, with a 7% share.

What are the leading suppliers of fresh or chilled carcases of pig meat to India?

In value terms, Italy constituted the largest supplier of fresh or chilled carcases of pig meat to India.

What are the leading importers of fresh or chilled carcases of pig meat from India?

In value terms, Bhutan remains the key foreign market for fresh or chilled carcases of pig meat exports from India.

What is the average export price for fresh or chilled carcases of pig meat in India?

In 2022, the average fresh pork carcase export price amounted to $3,071 per ton, picking up by 3.7% against the previous year.

What is the average import price for fresh or chilled carcases of pig meat in India?

The average fresh pork carcase import price stood at $3,644 per ton in 2022, with a decrease of -2.6% against the previous year.

This report provides an in-depth analysis of the fresh pork carcase market in India. 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.

Product coverage:

Prodcom 10111230 - Fresh or chilled carcases and half-carcases, of pig meat (including fresh meat packed with salt as a temporary preservative)

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023