Asia: Fresh Beef Carcase Market 2024

Fresh Beef Carcase Market Size in Asia

The Asian fresh beef carcase market reduced to $X in 2022, remaining constant against the previous year. The total consumption indicated a strong expansion 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, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Fresh Beef Carcase Production in Asia

In value terms, fresh beef carcase production contracted slightly to $X in 2022 estimated in export price. The total production indicated a prominent increase 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Fresh Beef Carcase Exports

Exports in Asia

For the fifth consecutive year, Asia recorded growth in overseas shipments of fresh or chilled carcases of beef and veal, which increased by X% to X tons in 2022. Overall, exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, fresh beef carcase exports surged to $X in 2022. In general, exports saw a prominent increase. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Pakistan represented the major exporter of fresh or chilled carcases of beef and veal in Asia, with the volume of exports finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by Kazakhstan (X tons), generating a X% share of total exports.

Exports from Pakistan increased at an average annual rate of X% from 2012 to 2022. At the same time, Kazakhstan (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Kazakhstan increased by X percentage points.

In value terms, Pakistan ($X) remains the largest fresh beef carcase supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports.

In Pakistan, fresh beef carcase exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, rising by X% against the previous year. Export price indicated a moderate expansion 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, fresh beef carcase export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Pakistan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%).

Fresh Beef Carcase Imports

Imports in Asia

For the third year in a row, Asia recorded growth in overseas purchases of fresh or chilled carcases of beef and veal, which increased by X% to X tons in 2022. In general, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, fresh beef carcase imports amounted to $X in 2022. Over the period under review, imports continue to indicate resilient growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, the United Arab Emirates (X tons) and Uzbekistan (X tons) were the largest importers of fresh or chilled carcases of beef and veal in Asia, together comprising X% of total imports. It was distantly followed by Kuwait (X tons), South Korea (X tons) and Qatar (X tons), together committing a X% share of total imports. The following importers - Bhutan (X tons), Afghanistan (X tons), Bahrain (X tons), Israel (X tons) and Kyrgyzstan (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Uzbekistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Uzbekistan ($X) and South Korea ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Uzbekistan, with a CAGR of X%, saw 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 more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2021, and then declined in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bhutan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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