Southern Asia: Canned Meat Market 2024

Canned Meat Market Size in Southern Asia

The South Asian canned meat market expanded remarkably to $X in 2023, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2016; however, from 2017 to 2023, consumption stood at a somewhat lower figure.

Canned Meat Production in Southern Asia

In value terms, canned meat production expanded rapidly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of X%. The level of production peaked at $X in 2016; however, from 2017 to 2023, production failed to regain momentum.

Canned Meat Exports

Exports in Southern Asia

In 2023, exports of canned meat in Southern Asia soared to X tons, picking up by X% compared with the year before. Total exports indicated notable growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. 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 reached the maximum at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, canned meat exports totaled $X in 2023. Total exports indicated a remarkable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

India (X tons) and Pakistan (X tons) represented the largest exporters of canned meat in 2023, finishing at near X% and X% of total exports, respectively. It was distantly followed by Sri Lanka (X tons) and Bangladesh (X tons), together creating a X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Pakistan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($X), India ($X) and Sri Lanka ($X) were the countries with the highest levels of exports in 2023, together comprising X% of total exports.

Pakistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2023, declining by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced more modest paces of growth.

Canned Meat Imports

Imports in Southern Asia

Canned meat imports shrank modestly to X tons in 2023, which is down by X% against the year before. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, canned meat imports shrank to $X in 2023. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Maldives (X tons) and Afghanistan (X tons) prevails in imports structure, together mixing up X% of total imports. India (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Bangladesh (X%). Sri Lanka (X tons) and Pakistan (X tons) held a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for Maldives (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Maldives ($X) constitutes the largest market for imported canned meat in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by India ($X), with an X% share of total imports. It was followed by Afghanistan, with a X% share.

In Maldives, canned meat imports increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: India (X% per year) and Afghanistan (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2023, with a decrease of X% against the previous year. Over the period under review, the import price saw a slight contraction. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was India ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform