South-Eastern Asia: Preserved Beef Market 2025

Preserved Beef Market Size in South-Eastern Asia

The Southeast Asian preserved beef market dropped slightly to $X in 2021, declining by -4.3% against the previous year. In general, consumption showed a pronounced shrinkage. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Preserved Beef Production in South-Eastern Asia

In value terms, preserved beef production dropped to $X in 2021 estimated in export price. Overall, production continues to indicate a slight setback. The growth pace was the most rapid in 2018 with an increase of 16%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Preserved Beef Exports

Exports in South-Eastern Asia

In 2021, the amount of beef and veal (salted, in brine, dried or smoked) exported in South-Eastern Asia rose remarkably to X tons, growing by 15% compared with the previous year's figure. In general, exports, however, faced a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 210%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, preserved beef exports shrank to $X in 2021. Over the period under review, exports, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2019 when exports increased by 140%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Malaysia prevails in exports structure, recording X tons, which was approx. 86% of total exports in 2021. Lao People's Democratic Republic (X tons) ranks second in terms of the total exports with a 7.2% share, followed by Vietnam (6%).

From 2012 to 2021, average annual rates of growth with regard to preserved beef exports from Malaysia stood at +77.7%. At the same time, Lao People's Democratic Republic (+78.3%) and Vietnam (+50.8%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +78.3% from 2012-2021. From 2012 to 2021, the share of Malaysia, Lao People's Democratic Republic and Vietnam increased by +85, +7.2 and +6 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) remains the largest preserved beef supplier in South-Eastern Asia, comprising 67% of total exports. The second position in the ranking was held by Vietnam ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Malaysia totaled +71.0%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+61.1% per year) and Lao People's Democratic Republic (+78.1% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, reducing by -18.6% against the previous year. In general, the export price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 an increase of 278% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+6.8%), while the other leaders experienced a decline in the export price figures.

Preserved Beef Imports

Imports in South-Eastern Asia

In 2021, approx. X tons of beef and veal (salted, in brine, dried or smoked) were imported in South-Eastern Asia; growing by 8.7% against 2020. Overall, imports, however, continue to indicate a sharp descent. The growth pace was the most rapid in 2018 with an increase of 123% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, preserved beef imports skyrocketed to $X in 2021. In general, imports, however, recorded a dramatic contraction. The growth pace was the most rapid in 2018 when imports increased by 155%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Myanmar was the main importer of beef and veal (salted, in brine, dried or smoked) in South-Eastern Asia, with the volume of imports finishing at X tons, which was near 66% of total imports in 2021. Lao People's Democratic Republic (X tons) ranks second in terms of the total imports with a 17% share, followed by Vietnam (7.4%). Singapore (X tons), Malaysia (X tons) and the Philippines (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to preserved beef imports into Myanmar stood at -2.9%. At the same time, the Philippines (+15.8%) and Singapore (+11.1%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +15.8% from 2012-2021. By contrast, Malaysia (-14.0%), Vietnam (-16.6%) and Lao People's Democratic Republic (-48.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Myanmar, Vietnam, Singapore, the Philippines and Malaysia increased by +65, +7.1, +4.2, +2.4 and +2.4 percentage points, respectively.

In value terms, Myanmar ($X) constitutes the largest market for imported beef and veal (salted, in brine, dried or smoked) in South-Eastern Asia, comprising 63% of total imports. The second position in the ranking was held by Lao People's Democratic Republic ($X), with a 16% share of total imports. It was followed by Singapore, with an 11% share.

In Myanmar, preserved beef imports contracted by an average annual rate of -2.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Lao People's Democratic Republic (-40.2% per year) and Singapore (+25.0% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2021, surging by 5.9% against the previous year. Overall, the import price recorded a strong expansion. The growth pace was the most rapid in 2016 when the import price increased by 183% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (+16.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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