Southern Asia: Fresh Pork Cut Market 2024

Fresh Pork Cut Market Size in Southern Asia

The South Asian fresh pork cut market amounted to $X in 2022, flattening at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Fresh Pork Cut Production in Southern Asia

In value terms, fresh pork cut production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

India (X tons) remains the largest fresh pork cut producing country in Southern Asia, accounting for X% of total volume. Moreover, fresh pork cut production in India exceeded the figures recorded by the second-largest producer, Pakistan (X tons), threefold. The third position in this ranking was held by Bangladesh (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume in India stood at X%. The remaining producing countries recorded the following average annual rates of production growth: Pakistan (X% per year) and Bangladesh (X% per year).

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Fresh Pork Cut Exports

Exports in Southern Asia

Fresh pork cut exports fell notably to X tons in 2022, dropping by X% against the previous year. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of export peaked at X tons in 2021, and then shrank rapidly in the following year.

In value terms, fresh pork cut exports shrank dramatically to $X in 2022. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then declined notably in the following year.

Exports by Country

The biggest shipments were from India (X tons), together finishing at X% of total export.

India was also the fastest-growing in terms of the fresh or chilled hams, shoulders and cuts of pig meat exports, with a CAGR of X% from 2013 to 2022. From 2013 to 2022, the share of India increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest fresh pork cut supplier in Southern Asia.

From 2013 to 2022, the average annual rate of growth in terms of value in India amounted to X%.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, increasing by X% against the previous year. Overall, the export price showed a prominent expansion. The pace of growth was the most pronounced in 2019 when the export price increased by X%. The level of export peaked at $X per ton in 2020; afterwards, it flattened through to 2022.

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

From 2013 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Fresh Pork Cut Imports

Imports in Southern Asia

Fresh pork cut imports declined dramatically to X tons in 2022, waning by X% compared with the previous year. Overall, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, fresh pork cut imports declined notably to $X in 2022. Over the period under review, imports saw a deep slump. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Bhutan represented the major importer of fresh or chilled hams, shoulders and cuts of pig meat in Southern Asia, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. It was distantly followed by Afghanistan (X tons), creating a X% share of total imports. India (X kg) took a minor share of total imports.

Bhutan experienced a relatively flat trend pattern with regard to volume of imports of fresh or chilled hams, shoulders and cuts of pig meat. Afghanistan (X%) and India (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Bhutan and Afghanistan increased by X and X percentage points, respectively.

In value terms, Bhutan ($X) constitutes the largest market for imported fresh or chilled hams, shoulders and cuts of pig meat in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Afghanistan ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Bhutan stood at X%. In the other countries, the average annual rates were as follows: Afghanistan (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while Bhutan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bhutan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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