Reunion: Meat Market 2020

Meat Market Size in Reunion

The revenue of the meat market in Reunion amounted to $X in 2018, flattening at the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when the market value increased by X% year-to-year. Reunion meat consumption peaked at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Meat Production in Reunion

In value terms, meat production totaled $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2011 when production volume increased by X% y-o-y. Reunion meat production peaked at $X in 2013; however, from 2014 to 2018, production remained at a lower figure.

Average yield of meat in Reunion totaled X kg per head in 2018, flattening at the previous year. In general, the meat yield continues to indicate a relatively flat trend pattern.

In 2018, approx. X head of animals slaughtered for meat production in Reunion; approximately equating the previous year. In general, the number of animals slaughtered for meat production continues to indicate a relatively flat trend pattern.

Meat Exports

Exports from Reunion

In 2018, the amount of meat exported from Reunion amounted to X kg, remaining constant against the previous year. In general, meat exports continue to indicate a relatively flat trend pattern.

In value terms, meat exports stood at $X in 2018. In general, meat exports continue to indicate a relatively flat trend pattern.

Exports by Country

The exports of the twelve major exporters of meat, namely the U.S., Germany, Spain, Brazil, Australia, the Netherlands, Denmark, India, Canada, Poland, Belgium and New Zealand, represented more than two-thirds of total export.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, the largest meat markets from Reunion were the U.S. ($X), Australia ($X) and Brazil ($X), with a combined X% share of total exports. Germany, the Netherlands, Spain, New Zealand, Canada, India, Denmark, Poland and Belgium lagged somewhat behind, together accounting for a further X the main exporting countries, India experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The meat export price in Reunion stood at $X per ton in 2018, standing approx. at the previous year. Over the period under review, the meat export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of origin; the country with the highest price was New Zealand ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Meat Imports

Imports into Reunion

Meat imports into Reunion stood at X kg in 2018, approximately reflecting the previous year. In general, meat imports continue to indicate a relatively flat trend pattern.

In value terms, meat imports stood at $X in 2018. In general, meat imports continue to indicate a relatively flat trend pattern.

Imports by Country

The countries with the highest levels of meat imports in 2018 were China (X tons), Japan (X tons), the U.S. (X tons), Italy (X tons), Germany (X tons), Mexico (X tons), South Korea (X tons), China, Hong Kong SAR (X tons), Vietnam (X tons), the UK (X tons), Poland (X tons) and the Netherlands (X tons), together recording X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, the largest meat importing markets into Reunion were Japan ($X), the U.S. ($X) and China ($X), together accounting for X% of total imports. These countries were followed by Germany, Italy, South Korea, China, Hong Kong SAR, the UK, the Netherlands, Vietnam, Mexico and Poland, which together accounted for a further X terms of the main importing countries, Vietnam experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the meat import price in Reunion amounted to $X per ton, approximately equating the previous year. Over the period under review, the meat import price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was South Korea ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform