Eastern Asia: Frozen Beef Carcase Market 2020

Frozen Beef Carcase Market Size in Eastern Asia

The revenue of the frozen beef carcase market in Eastern Asia amounted to $X in 2017, coming up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The frozen beef carcase consumption continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2016, when market value increased by X% y-o-y. The level of frozen beef carcase consumption peaked in 2017, and is likely to continue its growth in the immediate term.

Frozen Beef Carcase Exports in Eastern Asia

In 2017, exports of frozen carcases of beef and veal in Eastern Asia totaled X tons, coming down by -X% against the previous year. The frozen beef carcase exports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2015, with an increase of X% year-to-year. In that year, the frozen beef carcase exports attained their peak volume of X tons. From 2016 to 2017, growth of the frozen beef carcase exports stood at a somewhat lower level.

In value terms, frozen beef carcase exports totaled $X in 2017. The frozen beef carcase exports continue to indicate a remarkable growth. In that year, the frozen beef carcase exports reached their peak level of $X. From 2016 to 2017, growth of the frozen beef carcase exports stood at a somewhat lower level.

Frozen Beef Carcase Exports by Country in Eastern Asia

China, Hong Kong SAR was the main exporting country with an export of about X tons, which reached X% of total exports. Japan (X tons) ranks second in terms of the global exports with a X% share, followed by China (X%). South Korea (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Japan (+X% per year), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest frozen beef carcase markets worldwide were China, Hong Kong SAR ($X), Japan ($X) and China ($X), with a combined X% share of total exports.

Among the main exporting countries , Japan (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Frozen Beef Carcase Export Prices by Country in Eastern Asia

The frozen beef carcase export price in Eastern Asia stood at $X per ton in 2017, coming up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011, when the export prices increased by X% y-o-y. The level of export price peaked in 2017, and is likely to continue its growth in the near future.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was South Korea ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Frozen Beef Carcase Imports in Eastern Asia

In 2017, frozen beef carcase imports in Eastern Asia totaled X tons, going up by X% against the previous year. The total imports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the frozen beef carcase imports increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2013, when imports increased by X% year-to-year. The volume of imports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, frozen beef carcase imports stood at $X in 2017. The frozen beef carcase imports continue to indicate a strong expansion. Over the period under review, the frozen beef carcase imports reached its maximum level in 2017, and are expected to retain its growth in the near future.

Frozen Beef Carcase Imports by Country in Eastern Asia

China represented the main importer of frozen carcases of beef and veal in Eastern Asia, with the volume of imports recording X tons, which was near X% of total imports in 2017. China, Hong Kong SAR (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by South Korea (X%), Japan (X%) and Taiwan, Chinese (X%).

China was also the fastest growing in terms of the frozen carcases of beef and veal imports, with a CAGR of +X% from 2007 to 2017. At the same time, China, Hong Kong SAR (+X%), South Korea (+X%), Taiwan, Chinese (+X%) and Japan (+X%) displayed positive paces of growth. Taiwan, Chinese (-X%), Japan (-X%), South Korea (-X%), China, Hong Kong SAR (-X%) and China (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest frozen beef carcase markets worldwide were China ($X), China, Hong Kong SAR ($X) and South Korea ($X), together comprising X% of total imports.

China (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Frozen Beef Carcase Import Prices by Country in Eastern Asia

The frozen beef carcase import price in Eastern Asia stood at $X per ton in 2017, flattening at the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011, when the import prices increased by X% year-to-year. Over the period under review, the import prices for frozen carcases of beef and veal reached its maximum level of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Taiwan, Chinese ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform