Madagascar: Pork Market 2020

Pork Market Size in Madagascar

The revenue of the pork market in Madagascar amounted to $X in 2018, leveling off at the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. Madagascar pork consumption peaked at $X in 2013; however, from 2014 to 2018, consumption remained at a lower figure.

Pork Production in Madagascar

In value terms, pork production amounted to $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when production volume increased by X% year-to-year. Over the period under review, pork production attained its maximum level at $X in 2013; however, from 2014 to 2018, production stood at a somewhat lower figure.

Pork Exports

Exports from Madagascar

In 2018, approx. X kg of pork were exported from Madagascar; leveling off at the previous year. In general, pork exports continue to indicate a relatively flat trend pattern. Madagascar exports peaked at X kg in 2010; however, from 2011 to 2018, exports remained at a lower figure.

In value terms, pork exports amounted to $X in 2018. Over the period under review, pork exports continue to indicate a relatively flat trend pattern. Over the period under review, pork exports reached their maximum at $X in 2010; however, from 2011 to 2018, exports remained at a lower figure.

Exports by Country

The countries with the highest levels of pork exports in 2018 were the U.S. (X tons), Germany (X tons), Spain (X tons), Denmark (X tons), Canada (X tons), the Netherlands (X tons), Belgium (X tons), Brazil (X tons), Poland (X tons) and France (X tons), together reaching X% of total export.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Spain, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Germany ($X) and Spain ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports. Denmark, Canada, the Netherlands, Brazil, Belgium, Poland and France lagged somewhat behind, together accounting for a further X experienced the highest rates of growth with regard to exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the pork export price in Madagascar amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the pork export price continues to indicate a relatively flat trend pattern. Madagascar export price peaked at $X per ton in 2010; however, from 2011 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Brazil ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Brazil, while the other leaders experienced more modest paces of growth.

Pork Imports

Imports into Madagascar

In 2018, the pork imports into Madagascar totaled X tons, reducing by -X% against the previous year. Over the period under review, pork imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. In that year, pork imports reached their peak of X tons. From 2012 to 2018, the growth of pork imports remained at a lower figure.

In value terms, pork imports stood at $X in 2018. In general, pork imports continue to indicate a deep drop. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Madagascar imports peaked at $X in 2008; however, from 2009 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, China (X tons), Japan (X tons), Italy (X tons), Germany (X tons), Mexico (X tons) and Poland (X tons) represented the key importers of pork in the world, making up X% of total import. South Korea (X tons), the UK (X tons), the U.S. (X tons), China, Hong Kong SAR (X tons), Russia (X tons) and France (X tons) occupied a relatively small share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported pork into Madagascar, comprising X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by Italy, with a X% share.

In Japan, pork imports increased at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: China (+X% per year) and Italy (-X% per year).

Import Prices by Country

In 2018, the pork import price in Madagascar amounted to $X per ton, coming down by -X% against the previous year. Overall, the pork import price continues to indicate a slight slump. The most prominent rate of growth was recorded in 2010 when the import price increased by X% y-o-y. In that year, the import prices for pork attained their peak level of $X per ton. From 2011 to 2018, the growth in terms of the import prices for pork failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform