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Eastern Asia - Fresh or Chilled Pig Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEastern Asia: Market for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases 2024
Market Size for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Eastern Asia
The East Asian market for fresh or chilled pig meat other than cuts or carcases stood at $X in 2022, with an increase of 7.6% against the previous year. Over the period under review, consumption showed a remarkable increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.
Production of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Eastern Asia
In value terms, production of fresh or chilled pig meat other than cuts or carcases rose significantly to $X in 2022 estimated in export price. Overall, production recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 50%. As a result, production attained the peak level of $X. From 2021 to 2022, production of growth remained at a lower figure.
China (X tons) constituted the country with the largest volume of production of fresh or chilled pig meat other than cuts or carcases, accounting for 97% of total volume. It was followed by Democratic People's Republic of Korea (X tons), with a 2.6% share of total production.
From 2012 to 2022, the average annual growth rate of volume in China amounted to +5.1%.
Exports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases
Exports in Eastern Asia
Exports of fresh or chilled pig meat other than cuts or carcases expanded rapidly to X tons in 2022, with an increase of 8.8% on the previous year's figure. In general, exports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 180%. Over the period under review, the exports of hit record highs at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.
In value terms, exports of fresh or chilled pig meat other than cuts or carcases fell to $X in 2022. Overall, exports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 70%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
China prevails in carcases structure, accounting for X tons, which was near 97% of total exports in 2022. South Korea (X tons) took a little share of total exports.
Exports from China decreased at an average annual rate of -9.6% from 2012 to 2022. At the same time, South Korea (+153.9%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +153.9% from 2012-2022. From 2012 to 2022, the share of South Korea increased by +1.8 percentage points.
In value terms, China ($X) remains the largest fresh pork other than cuts or carcases supplier in Eastern Asia, comprising 96% of total exports. The second position in the ranking was held by South Korea ($X), with a 2.4% share of total exports.
From 2012 to 2022, the average annual growth rate of value in China amounted to -8.1%.
Export Prices by Country
In 2022, the export price in Eastern Asia amounted to $X per ton, which is down by -12.2% against the previous year. Overall, the export price, however, saw mild growth. The pace of growth appeared the most rapid in 2017 when the export price increased by 67% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while China amounted to $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.6%).
Imports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases
Imports in Eastern Asia
In 2022, supplies from abroad of fresh or chilled pig meat other than cuts or carcases decreased by -2.5% to X tons for the first time since 2011, thus ending a ten-year rising trend. Total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 11%. Over the period under review, imports of attained the peak figure at X tons in 2021, and then declined modestly in the following year.
In value terms, imports of fresh or chilled pig meat other than cuts or carcases dropped to $X in 2022. The total import value increased at an average annual rate of +1.4% over the period 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 2016 with an increase of 18%. Over the period under review, imports of reached the maximum at $X in 2021, and then dropped in the following year.
Imports by Country
Japan prevails in carcases structure, amounting to X tons, which was near 89% of total imports in 2022. South Korea (X tons) ranks second in terms of the total imports with a 6.1% share, followed by Hong Kong SAR (4.5%).
Imports into Japan increased at an average annual rate of +4.5% from 2012 to 2022. At the same time, Hong Kong SAR (+12.4%) and South Korea (+3.0%) displayed positive paces of growth. Moreover, Hong Kong SAR emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +12.4% from 2012-2022. From 2012 to 2022, the share of Hong Kong SAR increased by +2.3 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Japan ($X) constitutes the largest market for imported fresh or chilled pig meat other than cuts or carcases in Eastern Asia, comprising 87% of total imports. The second position in the ranking was held by South Korea ($X), with an 8.5% share of total imports.
From 2012 to 2022, the average annual growth rate of value in Japan was relatively modest. In the other countries, the average annual rates were as follows: South Korea (+5.8% per year) and Hong Kong SAR (+15.8% per year).
Import Prices by Country
The import price in Eastern Asia stood at $X per ton in 2022, falling by -8% against the previous year. In general, the import price showed a noticeable setback. The pace of growth was the most pronounced in 2016 an increase of 7.1% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per ton), while Japan ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+3.0%), while the other leaders experienced mixed trends in the import price figures.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for fresh pork other than cuts or carcases in 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:
- Prodcom 10111290 - Fresh or chilled pig meat (including fresh meat packed with salt as a temporary preservative, excluding carcases and halfcarcases, h ams, shoulders and cuts thereof with bone in)
Country coverage:
- China
- Democratic People's Republic of Korea
- Hong Kong SAR
- Japan
- Macao SAR
- South Korea
- Taiwan (Chinese)
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Eastern Asia, split by region and country
- Trade (exports and imports) in 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Producing Animals, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Producing Animals, By Country, 2023
- Producing Animals, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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