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Southern Asia - Frozen Hams, Shoulders and Cuts of Pig Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouthern Asia: Frozen Pork Cut Market 2024
Frozen Pork Cut Market Size in Southern Asia
The South Asian frozen pork cut market reduced to $X in 2022, waning by -6.4% against the previous year. In general, consumption, however, saw a resilient increase. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.
Frozen Pork Cut Production in Southern Asia
In value terms, frozen pork cut production contracted to $X in 2022 estimated in export price. In general, production, however, posted prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of 53%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.
The country with the largest volume of frozen pork cut production was Bangladesh (X tons), accounting for 77% of total volume. Moreover, frozen pork cut production in Bangladesh exceeded the figures recorded by the second-largest producer, Sri Lanka (X tons), sixfold.
In Bangladesh, frozen pork cut production increased at an average annual rate of +6.9% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Sri Lanka (+4.6% per year) and Nepal (+7.0% per year).
Frozen Pork Cut Exports
Exports in Southern Asia
In 2022, shipments abroad of frozen hams, shoulders and cuts of pig meat increased by 9.9% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2014 with an increase of 2,189% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, frozen pork cut exports surged to $X in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 1,343% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.
Exports by Country
Sri Lanka dominates exports structure, recording X tons, which was near 94% of total exports in 2022. It was distantly followed by India (X tons), comprising a 5.7% share of total exports.
Sri Lanka was also the fastest-growing in terms of the frozen hams, shoulders and cuts of pig meat exports, with a CAGR of +28.8% from 2012 to 2022. India (-22.6%) illustrated a downward trend over the same period. India (+5.7 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Sri Lanka ($X) remains the largest frozen pork cut supplier in Southern Asia, comprising 77% of total exports. The second position in the ranking was held by India ($X), with a 23% share of total exports.
In Sri Lanka, frozen pork cut exports expanded at an average annual rate of +36.7% over the period from 2012-2022.
Export Prices by Country
In 2022, the export price in Southern Asia amounted to $X per ton, surging by 38% against the previous year. Export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 an increase of 66% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Sri Lanka totaled $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+35.2%).
Frozen Pork Cut Imports
Imports in Southern Asia
In 2022, imports of frozen hams, shoulders and cuts of pig meat in Southern Asia reached X tons, surging by 8.1% against 2021 figures. In general, imports posted a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of 99%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, frozen pork cut imports totaled $X in 2022. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 121% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.
Imports by Country
India represented the major importing country with an import of about X tons, which finished at 66% of total imports. Pakistan (X tons) held a 13% share (based on physical terms) of total imports, which put it in second place, followed by Maldives (8.5%), Afghanistan (5.8%) and Sri Lanka (4.6%). Bhutan (X tons) took a minor share of total imports.
Imports into India increased at an average annual rate of +16.8% from 2012 to 2022. At the same time, Sri Lanka (+32.4%), Pakistan (+29.5%), Maldives (+20.2%) and Bhutan (+1.0%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +32.4% from 2012-2022. By contrast, Afghanistan (-7.2%) illustrated a downward trend over the same period. While the share of India (+21 p.p.), Pakistan (+9.7 p.p.), Maldives (+4.2 p.p.) and Sri Lanka (+3.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Bhutan (-4.5 p.p.) and Afghanistan (-33.2 p.p.) displayed negative dynamics.
In value terms, India ($X) constitutes the largest market for imported frozen hams, shoulders and cuts of pig meat in Southern Asia, comprising 68% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 9.8% share of total imports. It was followed by Maldives, with a 9.2% share.
In India, frozen pork cut imports increased at an average annual rate of +13.3% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (+34.1% per year) and Maldives (+20.4% per year).
Import Prices by Country
The import price in Southern Asia stood at $X per ton in 2022, growing by 3.6% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by 20% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sri Lanka ($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 Sri Lanka (+10.2%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the frozen pork cut market in Southern 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 10113250 - Frozen hams, shoulders and cuts with bone in, of pig meat
Country coverage:
- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Southern Asia, split by region and country
- Trade (exports and imports) in Southern 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- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
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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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