Southern Asia: Meat And Poultry Market 2024

Meat And Poultry Market Size in Southern Asia

The South Asian meat and poultry market reduced modestly to $X in 2022, remaining stable against 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 in certain years. The growth pace was the most rapid in 2016 when the market value increased by X%. Over the period under review, the market hit record highs at $X in 2021, and then reduced slightly in the following year.

Meat And Poultry Production in Southern Asia

In value terms, meat and poultry production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

India (X tons) constituted the country with the largest volume of meat and poultry production, comprising approx. X% of total volume. Moreover, meat and poultry production in India exceeded the figures recorded by the second-largest producer, Pakistan (X tons), twofold. Bangladesh (X tons) ranked third in terms of total production with a X% share.

In India, meat and poultry production expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Pakistan (X% per year) and Bangladesh (X% per year).

The average meat and poultry yield totaled X kg per head in 2022, therefore, remained relatively stable against 2021 figures. Overall, the yield, however, continues to indicate a slight curtailment. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the yield attained the peak level of X kg per head. From 2014 to 2022, the growth of the meat and poultry yield remained at a lower figure.

In 2022, the number of animals slaughtered for meat and poultry production in Southern Asia contracted to X heads, leveling off at 2021. This number increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, this number attained the maximum level at X heads in 2021, and then shrank in the following year.

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Meat And Poultry Exports

Exports in Southern Asia

In 2022, meat and poultry exports in Southern Asia was estimated at X tons, rising by X% compared with the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, meat and poultry exports fell modestly to $X in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

India prevails in exports structure, finishing at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Pakistan (X tons), generating a X% share of total exports.

India experienced a relatively flat trend pattern with regard to volume of exports of meat and poultry. At the same time, Pakistan (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. While the share of Pakistan (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest meat and poultry supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Pakistan ($X), with an X% share of total exports.

In India, meat and poultry exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, which is down by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while India amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%).

Meat And Poultry Imports

Imports in Southern Asia

In 2022, the amount of meat and poultry imported in Southern Asia contracted slightly to X tons, remaining constant against the previous year. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, meat and poultry imports expanded to $X in 2022. Total imports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

Afghanistan represented the key importer of meat and poultry in Southern Asia, with the volume of imports reaching X tons, which was approx. X% of total imports in 2022. Maldives (X tons) held the second position in the ranking, distantly followed by Bhutan (X tons) and Bangladesh (X tons). All these countries together held approx. X% share of total imports. India (X tons) followed a long way behind the leaders.

Imports into Afghanistan decreased at an average annual rate of X% from 2012 to 2022. At the same time, Bangladesh (X%), Maldives (X%), India (X%) and Bhutan (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Maldives, Bangladesh and Bhutan increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Maldives ($X), Afghanistan ($X) and Bhutan ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Bangladesh and India lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Bangladesh, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the import price in Southern Asia amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bhutan ($X per ton), while Afghanistan ($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 more modest paces of growth.

Source: IndexBox Platform

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