ASEAN: Meat And Poultry Market 2025

Meat And Poultry Market Size in ASEAN

In 2022, the ASEAN meat and poultry market increased by X% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Meat And Poultry Production in ASEAN

In value terms, meat and poultry production fell modestly to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Indonesia (X tons), Vietnam (X tons) and the Philippines (X tons), with a combined X% share of total production.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average meat and poultry yield in ASEAN reduced slightly to X kg per head, stabilizing at the year before. Overall, the yield saw a perceptible decline. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the meat and poultry yield attained the maximum level at X kg per head in 2012; however, from 2013 to 2022, the yield failed to regain momentum.

In 2022, the number of animals slaughtered for meat and poultry production in ASEAN stood at X heads, stabilizing at 2021 figures. This number increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of producing animals peaked at X heads in 2019; however, from 2020 to 2022, producing animals stood at a somewhat lower figure.

Meat And Poultry Exports

Exports in ASEAN

In 2022, the amount of meat and poultry exported in ASEAN dropped to X tons, with a decrease of X% on 2021. Over the period under review, exports, however, showed strong growth. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, meat and poultry exports soared to $X in 2022. Overall, exports, however, enjoyed prominent growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Thailand (X tons) represented the largest exporter of meat and poultry, constituting X% of total exports. Singapore (X tons) ranks second in terms of the total exports with a X% share, followed by Vietnam (X%). Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to meat and poultry exports from Thailand stood at X%. At the same time, Singapore (X%), Vietnam (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. While the share of Thailand (X p.p.) and Singapore (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Malaysia (X p.p.) and Vietnam (X p.p.) displayed negative dynamics.

In value terms, Thailand ($X) remains the largest meat and poultry supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Thailand amounted to X%. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Vietnam (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced a decline in the export price figures.

Meat And Poultry Imports

Imports in ASEAN

In 2022, purchases abroad of meat and poultry increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X%. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, meat and poultry imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, the Philippines (X tons), distantly followed by Vietnam (X tons), Malaysia (X tons), Singapore (X tons) and Indonesia (X tons) were the largest importers of meat and poultry, together creating X% of total imports.

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

In value terms, the Philippines ($X), Malaysia ($X) and Vietnam ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Singapore and Indonesia lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Indonesia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the last decade, 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% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform