Eastern Asia: Fresh Meat Offal Market 2020

Fresh Meat Offal Market Size in Eastern Asia

The revenue of the fresh meat offal market in Eastern Asia amounted to $X in 2017, increasing 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 fresh meat offal consumption continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2015, when it surged by X% against the previous year. In that year, the fresh meat offal market reached their peak level of $X. From 2016 to 2017, growth of the fresh meat offal market failed to regain its momentum.

Fresh Meat Offal Exports in Eastern Asia

In 2017, exports of meat offal (fresh or chilled) in Eastern Asia totaled X tons, growing by X% against the previous year. The fresh meat offal exports continue to indicate a prominent growth. The most prominent rate of growth was recorded in 2016, when it surged by X% year-to-year. The volume of exports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, fresh meat offal exports stood at $X in 2017. The total exports indicated a remarkable increase from 2007 to 2017: its value 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 fresh meat offal exports increased by +X% against 2009 indices. Over the period under review, the fresh meat offal exports reached its maximum level in 2017, and are expected to retain its growth in the near future.

Fresh Meat Offal Exports by Country in Eastern Asia

Japan prevails in fresh meat offal exports structure, resulting at X tons, which was approx. X% of total exports in 2017. It was distantly followed by China, Hong Kong SAR (X tons), mixed up X% share of total exports. Taiwan, Chinese (X tons) followed a long way behind the leaders.

Japan was also the fastest growing in terms of the meat offal (fresh or chilled) exports, with a CAGR of +X% from 2007 to 2017. At the same time, China, Hong Kong SAR (+X%) displayed positive paces of growth. By contrast, Taiwan, Chinese (-X%) illustrated a downward trend over the same period. Taiwan, Chinese (X%) significantly strengthened its position in terms of the global exports, while China, Hong Kong SAR and Japan saw its share reduced by -X% and -X% from 2007 to 2017, respectively.

In value terms, Japan ($X) remains the largest fresh meat offal supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global exports. It was followed by Taiwan, Chinese, with a X% share.

In Japan, fresh meat offal exports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: China, Hong Kong SAR (+X% per year) and Taiwan, Chinese (-X% per year).

Fresh Meat Offal Export Prices by Country in Eastern Asia

The fresh meat offal export price in Eastern Asia stood at $X per ton in 2017, declining by -X% against the previous year. The fresh meat offal export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, when it surged by X% against the previous year. In that year, the export prices for meat offal (fresh or chilled) reached their peak level of $X per ton. From 2016 to 2017, growth of the export prices for meat offal (fresh or chilled) stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Japan ($X per ton), while Taiwan, Chinese ($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 China, Hong Kong SAR (+X% per year), while the other leaders experienced a decline in the export price figures.

Fresh Meat Offal Imports in Eastern Asia

In 2017, the amount of meat offal (fresh or chilled) imported in Eastern Asia stood at X tons, growing by X% against the previous year. The fresh meat offal imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2008, when it surged by X% year-to-year. Over the period under review, the fresh meat offal imports attained its peak figure volume in 2017, and are likely to see steady growth in the near future.

In value terms, fresh meat offal imports stood at $X in 2017. The fresh meat offal imports continue to indicate a remarkable growth. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Fresh Meat Offal Imports by Country in Eastern Asia

In 2017, Japan (X tons) represented the largest importer for meat offal (fresh or chilled), mixed up X% of total imports. China, Hong Kong SAR (X tons) ranks second in terms of the global imports with a X% share, followed by South Korea (X%). China (X tons) occupied the slight share of total imports.

Imports into Japan increased at an average annual rate of +X% from 2007 to 2017. At the same time, South Korea (+X%) and China (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest growing importer in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China, Hong Kong SAR (X%) increased significantly in terms of the global imports from 2007-2017, the share of South Korea (-X%) and Japan (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported meat offal (fresh or chilled) in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by China, Hong Kong SAR, with a X% share.

In Japan, fresh meat offal imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and China, Hong Kong SAR (-X% per year).

Fresh Meat Offal Import Prices by Country in Eastern Asia

The fresh meat offal import price in Eastern Asia stood at $X per kg in 2017, rising by X% against the previous year. The import price indicated a strong expansion from 2007 to 2017: its price 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 fresh meat offal import price increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2010, when the import prices increased by X% year-to-year. The level of import price peaked in 2017, and is expected to retain its growth in the near future.

Import prices varied noticeably by the country of destination; the country with the highest import price was Japan ($X per kg), while China, Hong Kong SAR ($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 China (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform