Report South-Eastern Asia - Lamb and Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 9, 2022

South-Eastern Asia - Lamb and Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
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South-Eastern Asia: Market for Lamb and Sheep Meat 2022

Market Size for Lamb and Sheep Meat in South-Eastern Asia

The Southeast Asian lamb and sheep meat market was estimated at $X in 2021, leveling off at the previous year. Over the period under review, consumption, however, enjoyed a remarkable increase. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Lamb and Sheep Meat in South-Eastern Asia

In value terms, lamb and sheep meat production contracted to $X in 2021 estimated in export price. In general, production posted a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

The country with the largest volume of lamb and sheep meat production was Indonesia (X tons), accounting for X% of total volume. Moreover, lamb and sheep meat production in Indonesia exceeded the figures recorded by the second-largest producer, Myanmar (X tons), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume in Indonesia amounted to +X%. The remaining producing countries recorded the following average annual rates of production growth: Myanmar (+X% per year) and Malaysia (+X% per year).

The average lamb and sheep meat yield reduced modestly to X kg per X heads in 2021, approximately reflecting the previous year's figure. Overall, the yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, the yield attained the peak level of X kg per head. From 2019 to 2021, the growth of the lamb and sheep meat yield failed to regain momentum.

In 2021, the number of animals slaughtered for lamb and sheep meat production in South-Eastern Asia stood at X heads, growing by less than X% on 2020. The total number of producing animals indicated a prominent expansion from 2012 to 2021: its figure increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, number of animals slaughtered for lamb and sheep meat production decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the number of producing animals increased by X% against the previous year. Over the period under review, this number hit record highs at X heads in 2019; however, from 2020 to 2021, producing animals stood at a somewhat lower figure.

Exports of Lamb and Sheep Meat

Exports in South-Eastern Asia

In 2021, overseas shipments of lamb and sheep meat decreased by -X% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, exports, however, enjoyed noticeable growth. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, lamb and sheep meat exports dropped markedly to $X in 2021. Overall, exports, however, recorded a noticeable expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Singapore was the main exporting country with an export of about X tons, which recorded X% of total exports. Malaysia (X tons) ranks second in terms of the total exports with a X% share, followed by Myanmar (X%).

From 2012 to 2021, average annual rates of growth with regard to lamb and sheep meat exports from Singapore stood at +X%. At the same time, Myanmar (+X%) and Malaysia (+X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +X% from 2012-2021. While the share of Malaysia (+X p.p.) and Myanmar (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Singapore (-X p.p.) displayed negative dynamics.

In value terms, Singapore ($X) remains the largest lamb and sheep meat supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Singapore was relatively modest. In the other countries, the average annual rates were as follows: Malaysia (+X% per year) and Myanmar (+X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a slight setback. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Myanmar (+X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Lamb and Sheep Meat

Imports in South-Eastern Asia

In 2021, lamb and sheep meat imports in South-Eastern Asia shrank to X tons, reducing by -X% on 2020. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X%. The volume of import peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, lamb and sheep meat imports totaled $X in 2021. Total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

Malaysia represented the major importing country with an import of about X tons, which resulted at X% of total imports. It was distantly followed by Singapore (X tons), comprising a X% share of total imports. The following importers - Indonesia (X tons), Brunei Darussalam (X tons) and Vietnam (X tons) - each finished at a X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Singapore (with a CAGR of +X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Malaysia ($X), Singapore ($X) and Indonesia ($X) constituted the countries with the highest levels of imports in 2021, with a combined X% share of total imports.

Among the main importing countries, Malaysia, with a CAGR of +X%, 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 2021, the import price in South-Eastern Asia amounted to $X per ton, increasing by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. Over the period under review, import prices reached the peak figure in 2021 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Indonesia ($X per ton) and Singapore ($X per ton), while Brunei Darussalam ($X per ton) and Vietnam ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for lamb and sheep meat in South-Eastern Asia?
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Indonesia remains the largest lamb and sheep meat consuming country in South-Eastern Asia, comprising approx. 53% of total volume. Moreover, lamb and sheep meat consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Malaysia, twofold. The third position in this ranking was taken by Singapore, with a 12% share.
What are the largest producers of lamb and sheep meat in South-Eastern Asia?
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The country with the largest volume of lamb and sheep meat production was Indonesia, comprising approx. 83% of total volume. Moreover, lamb and sheep meat production in Indonesia exceeded the figures recorded by the second-largest producer, Myanmar, sixfold.
What are the leading exporters of lamb and sheep meat in South-Eastern Asia?
+
In value terms, Singapore remains the largest lamb and sheep meat supplier in South-Eastern Asia, comprising 74% of total exports. The second position in the ranking was held by Malaysia, with a 13% share of total exports.
What are the leading importers of lamb and sheep meat in South-Eastern Asia?
+
In value terms, Malaysia, Singapore and Indonesia appeared to be the countries with the highest levels of imports in 2021, together comprising 93% of total imports.
What is the average export price for lamb and sheep meat in South-Eastern Asia?
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The export price in South-Eastern Asia stood at $5,778 per ton in 2021, surging by 20% against the previous year.
What is the average import price for lamb and sheep meat in South-Eastern Asia?
+
The import price in South-Eastern Asia stood at $6,429 per ton in 2021, growing by 12% against the previous year.

This report provides an in-depth analysis of the market for lamb and sheep meat in South-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 2030.


Product coverage:
• FCL 977 - Meat of sheep
Country coverage:
• Brunei Darussalam
• Cambodia
• Lao People's Democratic Republic
• Timor-Leste

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

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 2012–2021
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 2012–2021
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

• Brunei Darussalam
• Cambodia
• Indonesia
• Malaysia
• Myanmar
• Philippines
• Singapore
• Thailand
• Timor-Leste
• Vietnam
• Lao People's Democratic Republic
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Producing Animals, By Country, 2012–2021
Table 7:
Yield, By Country, 2012–2021
Table 8:
Imports, In Physical Terms, By Country, 2012–2021
Table 9:
Imports, In Value Terms, By Country, 2012–2021
Table 10:
Import Prices, By Country Of Destination, 2012–2021
Table 11:
Exports, In Physical Terms, By Country, 2012–2021
Table 12:
Exports, In Value Terms, By Country, 2012–2021
Table 13:
Export Prices, By Country Of Origin, 2012–2021
Table 14:
Producer Prices, By Major Producing Country, 2021
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
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, 2012–2021
Figure 18:
Production, In Value Terms, 2012–2021
Figure 19:
Producing Animals, 2012–2021
Figure 20:
Yield, 2012–2021
Figure 21:
Production, By Country, 2021
Figure 22:
Production, In Physical Terms, By Country, 2012–2021
Figure 23:
Producing Animals, By Country, 2021
Figure 24:
Producing Animals, By Country, 2012–2021
Figure 25:
Yield, By Country, 2012–2021
Figure 26:
Imports, In Physical Terms, 2012–2021
Figure 27:
Imports, In Value Terms, 2012–2021
Figure 28:
Imports, In Physical Terms, By Country, 2021
Figure 29:
Imports, In Physical Terms, By Country, 2012–2021
Figure 30:
Imports, In Value Terms, By Country, 2012–2021
Figure 31:
Import Prices, By Country, 2012–2021
Figure 32:
Exports, In Physical Terms, 2012–2021
Figure 33:
Exports, In Value Terms, 2012–2021
Figure 34:
Exports, In Physical Terms, By Country, 2021
Figure 35:
Exports, In Physical Terms, By Country, 2012–2021
Figure 36:
Exports, In Value Terms, By Country, 2012–2021
Figure 37:
Export Prices, 2012–2021
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