Southern Asia: Poultry Market 2024

Poultry Market Size in Southern Asia

The South Asian poultry market rose to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Poultry Production in Southern Asia

In value terms, poultry production totaled $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 in certain years. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

India (X tons) remains the largest poultry producing country in Southern Asia, comprising approx. X% of total volume. Moreover, 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.

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

In 2022, the average poultry yield in Southern Asia expanded rapidly to X kg per head, growing by X% on the previous year. Over the period under review, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the yield increased by X% against the previous year. The level of yield peaked at X kg per head in 2019; however, from 2020 to 2022, the yield stood at a somewhat lower figure.

The global number of animals slaughtered for poultry production declined to X heads in 2022, remaining relatively unchanged against the year before. The total number of producing animals indicated a pronounced increase from 2012 to 2022: its figure 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, number of animals slaughtered for poultry production increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of producing animals peaked at X heads in 2021, and then reduced in the following year.

Poultry Exports

Exports in Southern Asia

In 2022, shipments abroad of poultry decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, poultry exports skyrocketed to $X in 2022. Total exports indicated moderate growth 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

India was the largest exporter of poultry in Southern Asia, with the volume of exports finishing at X tons, which was near X% of total exports in 2022. Pakistan (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Sri Lanka (X%). Bhutan (X tons) followed a long way behind the leaders.

Exports from India increased at an average annual rate of X% from 2012 to 2022. At the same time, Bhutan (X%) displayed positive paces of growth. Moreover, Bhutan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Pakistan (X%) and Sri Lanka (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India and Bhutan increased by X and X percentage points, respectively.

In value terms, India ($X) remains the largest poultry supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a X% share of total exports. It was followed by Pakistan, with a X% share.

In India, poultry exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Sri Lanka (X% per year) and Pakistan (X% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, increasing by X% against the previous year. Export price indicated tangible growth from 2012 to 2022: its price 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, poultry export price increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (X%), while the other leaders experienced mixed trends in the export price figures.

Poultry Imports

Imports in Southern Asia

Poultry imports soared to X tons in 2022, with an increase of X% compared with 2021. Overall, imports saw a relatively flat trend pattern. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, poultry imports skyrocketed to $X in 2022. The total import 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Afghanistan was the major importer of poultry in Southern Asia, with the volume of imports reaching X tons, which was near X% of total imports in 2022. It was distantly followed by Maldives (X tons), comprising a X% share of total imports. Bhutan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to poultry imports into Afghanistan stood at X%. At the same time, Maldives (X%) and Bhutan (X%) displayed positive paces of growth. Moreover, Maldives emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. While the share of Maldives (X p.p.) and Bhutan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Afghanistan (X p.p.) displayed negative dynamics.

In value terms, the largest poultry importing markets in Southern Asia were Afghanistan ($X), Maldives ($X) and Bhutan ($X), together comprising X% of total imports.

Maldives, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Maldives ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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