South-Eastern Asia: Sheep, Goat, Cow Fat Market Overview 2020

Sheep, Goat, Cow Fat Market Size in South-Eastern Asia

The revenue of the sheep, goat, cow fat market in South-Eastern Asia amounted to $X in 2017, reducing by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The sheep, goat, cow fat consumption continues to indicate a prominent growth. The pace of growth was the most pronounced in 2013, with an increase of X% against the previous year. The level of sheep, goat, cow fat consumption peaked of $X in 2016, and then declined slightly in the following year.

Sheep, Goat, Cow Fat Exports in South-Eastern Asia

In 2017, sheep, goat, cow fat exports in South-Eastern Asia amounted to X tonnes, declining by -X% against the previous year. The sheep, goat, cow fat exports continue to indicate a deep drop. The pace of growth appeared the most rapid in 2017, when it surged by -X% year-to-year. Over the period under review, the sheep, goat, cow fat exports reached its peak figure volume of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, sheep, goat, cow fat exports amounted to $X in 2017. The sheep, goat, cow fat exports continue to indicate an abrupt decrease. Over the period under review, the sheep, goat, cow fat exports reached its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Sheep, Goat, Cow Fat Exports by Country in South-Eastern Asia

Thailand (X tonnes) and Viet Nam (X tonnes) represented roughly X% of total exports of fats of bovine animals, sheep or goats in 2017. Malaysia (X tonnes) took a X% share (based on tonnes) of total exports, which put it in second place, followed by Myanmar (X%), Indonesia (X%) and Singapore (X%). The Philippines (X tonnes) occupied the slight share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Myanmar (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest sheep, goat, cow fat markets worldwide were Viet Nam ($X), Thailand ($X) and Malaysia ($X), together comprising X% of total exports. Singapore, Myanmar, the Philippines and Indonesia lagged somewhat behind, together comprising a further X%.

Among the main exporting countries , Singapore (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Sheep, Goat, Cow Fat Export Prices by Country in South-Eastern Asia

In 2017, the sheep, goat, cow fat export price in South-Eastern Asia amounted to $X per tonne, going down by -X% against the previous year. The sheep, goat, cow fat export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when it surged by X% year-to-year. Over the period under review, the export prices for fats of bovine animals, sheep or goats reached its maximum level of $X per tonne in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Viet Nam ($X per tonne), while Indonesia ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Thailand (+X% per year), while the other leaders experienced more modest paces of growth.

Sheep, Goat, Cow Fat Imports in South-Eastern Asia

In 2017, imports of fats of bovine animals, sheep or goats in South-Eastern Asia totaled X tonnes, dropping by -X% against the previous year. The sheep, goat, cow fat imports continue to indicate a strong growth. The pace of growth appeared the most rapid in 2013, when it surged by X% year-to-year. Over the period under review, the sheep, goat, cow fat imports attained its maximum volume of X tonnes in 2016, and then declined slightly in the following year.

In value terms, sheep, goat, cow fat imports stood at $X in 2017. The sheep, goat, cow fat imports continue to indicate a remarkable increase. The level of imports peaked in 2017, and are expected to retain its growth in the immediate term.

Sheep, Goat, Cow Fat Imports by Country in South-Eastern Asia

The countries with the highest levels of sheep, goat, cow fat imports in 2017 were Singapore (X tonnes), together finishing at X% of total import.

Singapore was also the fastest growing in terms of the fats of bovine animals, sheep or goats imports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of Singapore decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported fats of bovine animals, sheep or goats in South-Eastern Asia.

From 2007 to 2017, the average annual growth rate of value in Singapore totaled +X%.

Sheep, Goat, Cow Fat Import Prices by Country in South-Eastern Asia

The sheep, goat, cow fat import price in South-Eastern Asia stood at $X per tonne in 2017, coming up by X% against the previous year. The import price indicated a strong growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the sheep, goat, cow fat import price increased by +X% against 2015 indices. The growth pace was the most rapid in 2017, an increase of X% y-o-y. Over the period under review, the import prices for fats of bovine animals, sheep or goats attained its maximum level of $X per tonne in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

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

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+X% per year).

Source: IndexBox AI Platform