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Thailand - Fresh or Chilled Pig Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThailand: 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 Thailand
The Thai market for fresh or chilled pig meat other than cuts or carcases declined to $X in 2022, almost unchanged from the previous year. Overall, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by +0.9% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.
Production of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Thailand
In value terms, production of fresh or chilled pig meat other than cuts or carcases fell slightly to $X in 2022 estimated in export price. Overall, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.2% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 47% against the previous year. Over the period under review, production of attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.
Exports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases
Exports from Thailand
Exports of fresh or chilled pig meat other than cuts or carcases from Thailand rose sharply to X tons in 2022, growing by 13% against the previous year's figure. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 1,384% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, exports of fresh or chilled pig meat other than cuts or carcases soared to $X in 2022. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2019 with an increase of 1,248%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
Hong Kong SAR (X tons) was the main destination for exports of fresh or chilled pig meat other than cuts or carcases from Thailand, accounting for a 70% share of total exports. Moreover, exports of fresh or chilled pig meat other than cuts or carcases to Hong Kong SAR exceeded the volume sent to the second major destination, Myanmar (X tons), twofold.
From 2012 to 2022, the average annual rate of growth in terms of volume to Hong Kong SAR amounted to +75.6%.
In value terms, Hong Kong SAR ($X) remains the key foreign market for fresh or chilled pig meat other than cuts or carcases exports from Thailand, comprising 74% of total exports. The second position in the ranking was held by Myanmar ($X), with a 26% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value to Hong Kong SAR totaled +65.6%.
Export Prices by Country
In 2022, the average export price for fresh or chilled pig meat other than cuts or carcases amounted to $X per ton, with an increase of 5.5% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 92%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Myanmar amounted to $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+10.2%).
Imports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases
Imports into Thailand
Imports of fresh or chilled pig meat other than cuts or carcases into Thailand stood at X kg in 2018, remaining stable against 2017 figures. Over the period under review, imports continue to indicate a precipitous slump. The smallest decline of 99.9% was in 2017. Imports peaked at X tons in 2012; however, from 2013 to 2018, imports failed to regain momentum.
In value terms, imports of fresh or chilled pig meat other than cuts or carcases amounted to $X in 2018. In general, imports showed a precipitous setback. The smallest decline of 99.9% was in 2017. Imports peaked at $X in 2012; however, from 2013 to 2018, imports remained at a lower figure.
Imports by Country
In 2018, Italy (X kg) constituted the largest fresh pork other than cuts or carcases supplier to Thailand, with a 58% share of total imports. Moreover, imports of fresh or chilled pig meat other than cuts or carcases from Italy exceeded the figures recorded by the second-largest supplier, India (X kg), sevenfold. Germany (X kg) ranked third in terms of total imports with an 8.3% share.
From 2012 to 2018, the average annual growth rate of volume from Italy amounted to +87.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-80.8% per year) and Germany (-81.8% per year).
In value terms, Italy ($X) constituted the largest supplier of fresh or chilled pig meat other than cuts or carcases to Thailand, comprising 87% of total imports. The second position in the ranking was taken by the UK ($X), with a 4.7% share of total imports. It was followed by India, with a 4.1% share.
From 2012 to 2018, the average annual growth rate of value from Italy stood at -8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-69.5% per year) and India (-76.7% per year).
Import Prices by Country
The average import price for fresh or chilled pig meat other than cuts or carcases stood at $X per ton in 2018, approximately reflecting the previous year. Over the period under review, the import price saw a significant expansion. The pace of growth was the most pronounced in 2017 a decrease of 99.9%. The import price peaked in 2018 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.
From 2012 to 2018, the most notable rate of growth in terms of prices was attained by the UK (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for fresh pork other than cuts or carcases in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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 Slaughtered, 2012–2023
- Yield, 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 Of Origin, 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, By Country Of Destination, 2012–2023
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