South-Eastern Asia: Overview of the Market for Frozen Pig Meat Other Than Cuts Or Carcases 2021

Market Size for Frozen Pig Meat Other Than Cuts Or Carcases in South-Eastern Asia

The Southeast Asian market for frozen pig meat other than cuts or carcases totaled $X in 2019, therefore, remained relatively stable against the previous year. The total consumption indicated a moderate increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The level of consumption peaked at $X in 2017; however, from 2018 to 2019, consumption remained at a lower figure.

Production of Frozen Pig Meat Other Than Cuts Or Carcases in South-Eastern Asia

In value terms, production of frozen pig meat other than cuts or carcases rose slightly to $X in 2019 estimated in export prices. The total production indicated a tangible increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2019, production stood at a somewhat lower figure.

The country with the largest volume of production of frozen pig meat other than cuts or carcases was Indonesia (X tonnes), accounting for X% of total volume. Moreover, production of frozen pig meat other than cuts or carcases in Indonesia exceeded the figures recorded by the second-largest producer, Thailand (X tonnes), threefold. The third position in this ranking was occupied by Viet Nam (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume in Indonesia totaled +X%. The remaining producing countries recorded the following average annual rates of production growth: Thailand (+X% per year) and Viet Nam (-X% per year).

Production By Country in South-Eastern Asia

The country with the largest volume of production of frozen pig meat other than cuts or carcases was Indonesia (X tonnes), accounting for X% of total volume. Moreover, production of frozen pig meat other than cuts or carcases in Indonesia exceeded the figures recorded by the second-largest producer, Thailand (X tonnes), threefold. Viet Nam (X tonnes) ranked third in terms of total production with a X% share.

In Indonesia, production of frozen pig meat other than cuts or carcases expanded at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Thailand (+X% per year) and Viet Nam (-X% per year).

Exports of Frozen Pig Meat Other Than Cuts Or Carcases

Exports in South-Eastern Asia

In 2019, the amount of frozen pig meat other than cuts or carcases exported in South-Eastern Asia stood at X tonnes, therefore, remained relatively stable against 2018. Over the period under review, exports recorded a prominent expansion. The pace of growth appeared the most rapid in 2015 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure in 2019 and are likely to see gradual growth in the near future.

In value terms, exports of frozen pig meat other than cuts or carcases expanded rapidly to $X in 2019. Overall, exports enjoyed strong growth. The pace of growth was the most pronounced in 2015 when exports increased by X% year-to-year. The level of export peaked in 2019 and is expected to retain growth in the immediate term.

Exports by Country

Viet Nam represented the major exporting country with an export of about X tonnes, which finished at X% of total exports. It was distantly followed by Thailand (X tonnes) and Singapore (X tonnes), together creating a X% share of total exports. The following exporters - Malaysia (X tonnes) and Indonesia (X tonnes) - each accounted for a X% share of total exports.

From 2007 to 2019, average annual rates of growth with regard to frozen pig meat other than cuts or carcases exports from Viet Nam stood at +X%. At the same time, Malaysia (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +X% from 2007-2019. Indonesia experienced a relatively flat trend pattern. By contrast, Singapore (-X%) illustrated a downward trend over the same period. Viet Nam (+X p.p.), Indonesia (+X p.p.) and Malaysia (+X p.p.) significantly strengthened its position in terms of the total exports, while Singapore 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, Viet Nam ($X) remains the largest frozen pig meat other than cuts or carcases supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

In Viet Nam, exports of frozen pig meat other than cuts or carcases 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: Thailand (+X% per year) and Singapore (-X% per year).

Export Prices by Country

In 2019, the export price for frozen pig meat other than cuts or carcases in South-Eastern Asia amounted to $X per tonne, rising by X% against the previous year. Export price indicated a modest expansion 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, export price for frozen pig meat other than cuts or carcases increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2012 when the export price increased by X% year-to-year. The level of export peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Viet Nam ($X per tonne), while Thailand ($X per tonne) was amongst the lowest.

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

Imports of Frozen Pig Meat Other Than Cuts Or Carcases

Imports in South-Eastern Asia

After two years of growth, supplies from abroad of frozen pig meat other than cuts or carcases decreased by -X% to X tonnes in 2019. Over the period under review, imports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2018, and then dropped in the following year.

In value terms, imports of frozen pig meat other than cuts or carcases shrank slightly to $X in 2019. Overall, imports, however, enjoyed strong growth. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2018, and then contracted in the following year.

Imports by Country

The purchases of the three major importers of frozen pig meat other than cuts or carcases, namely the Philippines, Singapore and Viet Nam, represented more than two-thirds of total import. It was distantly followed by Malaysia (X tonnes), creating an X% share of total imports.

From 2007 to 2019, the biggest increases were in Malaysia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen pig meat other than cuts or carcases importing markets in South-Eastern Asia were Singapore ($X), the Philippines ($X) and Viet Nam ($X), with a combined X% share of total imports. Malaysia lagged somewhat behind, accounting for a further X terms of the main importing countries, Malaysia saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the import price for frozen pig meat other than cuts or carcases in South-Eastern Asia amounted to $X per tonne, increasing by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2012 when the import price increased by X% y-o-y. The level of import peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen pig meat other than cuts or carcases in South-Eastern Asia?

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Indonesia (435K tonnes) constituted the country with the largest volume of consumption of frozen pig meat other than cuts or carcases, accounting for 36% of total volume. Moreover, consumption of frozen pig meat other than cuts or carcases in Indonesia exceeded the figures recorded by the second-largest consumer, Thailand (168K tonnes), threefold. Viet Nam (158K tonnes) ranked third in terms of total consumption with a 13% share.

What are the largest producers of frozen pig meat other than cuts or carcases in South-Eastern Asia?

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Indonesia (434K tonnes) remains the largest frozen pig meat other than cuts or carcases producing country in South-Eastern Asia, accounting for 43% of total volume. Moreover, production of frozen pig meat other than cuts or carcases in Indonesia exceeded the figures recorded by the second-largest producer, Thailand (167K tonnes), threefold. Viet Nam (113K tonnes) ranked third in terms of total production with a 11% share.

What are the leading suppliers of frozen pig meat other than cuts or carcases in South-Eastern Asia?

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In value terms, Viet Nam ($12M) remains the largest frozen pig meat other than cuts or carcases supplier in South-Eastern Asia, comprising 68% of total exports. The second position in the ranking was occupied by Thailand ($3M), with a 17% share of total exports. It was followed by Singapore, with a 9.4% share.

What are the leading importers of frozen pig meat other than cuts or carcases in South-Eastern Asia?

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In value terms, the largest frozen pig meat other than cuts or carcases importing markets in South-Eastern Asia were Singapore ($192M), the Philippines ($140M) and Viet Nam ($77M), together accounting for 87% of total imports. These countries were followed by Malaysia, which accounted for a further 10%.

What is the average export price for frozen pig meat other than cuts or carcases in South-Eastern Asia?

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The export price for frozen pig meat other than cuts or carcases in South-Eastern Asia stood at $3,098 per tonne in 2019, with an increase of 4.1% against the previous year.

What is the average import price for frozen pig meat other than cuts or carcases in South-Eastern Asia?

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In 2019, the import price for frozen pig meat other than cuts or carcases in South-Eastern Asia amounted to $2,249 per tonne, growing by 3.8% against the previous year.