South-Eastern Asia: Market for Meat of Camels and Other Animals 2024

Market Size for Meat of Camels and Other Animals in South-Eastern Asia

The Southeast Asian market for meat of camels and other animals reduced to $X in 2022, which is down by -7.8% against the previous year. Over the period under review, consumption recorded a mild setback. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Meat of Camels and Other Animals in South-Eastern Asia

In value terms, camel and other animal meat production fell slightly to $X in 2022 estimated in export price. In general, production, however, showed a mild decline. The most prominent rate of growth was recorded in 2018 with an increase of 12% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

The countries with the highest volumes of production in 2022 were Vietnam (X tons), the Philippines (X tons) and Timor-Leste (X tons), together comprising 90% of total production. Indonesia lagged somewhat behind, comprising a further 8.9%.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +0.9%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average yield of meat of camels and other animals in South-Eastern Asia amounted to X kg per head, stabilizing at the previous year. Over the period under review, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 12%. As a result, the yield attained the peak level of X kg per head. From 2016 to 2022, the growth of the camel and other animal meat yield remained at a lower figure.

In 2022, approx. X heads of animals slaughtered for camel and other animal meat production in South-Eastern Asia; flattening at the previous year. In general, the number of producing animals, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 1.4% against the previous year. Over the period under review, this number reached the maximum level at X heads in 2014; however, from 2015 to 2022, producing animals failed to regain momentum.

Exports of Meat of Camels and Other Animals

Exports in South-Eastern Asia

In 2022, approx. X tons of meat of camels and other animals were exported in South-Eastern Asia; jumping by 74% on 2021 figures. Total exports indicated a modest increase from 2012 to 2022: its volume increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, camel and other animal meat exports soared to $X in 2022. Over the period under review, exports showed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Vietnam (X tons) and Indonesia (X tons) dominates exports structure, together generating 98% of total exports. Thailand (X tons) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +6.9%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Vietnam ($X), Indonesia ($X) and Thailand ($X) were the countries with the highest levels of exports in 2022, with a combined 100% share of total exports.

Among the main exporting countries, Vietnam, with a CAGR of +11.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, jumping by 30% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+5.0%), while the other leaders experienced more modest paces of growth.

Imports of Meat of Camels and Other Animals

Imports in South-Eastern Asia

In 2022, purchases abroad of meat of camels and other animals increased by 81% to X tons, rising for the second consecutive year after four years of decline. In general, imports, however, continue to indicate a pronounced descent. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, camel and other animal meat imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate a mild decline. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

Singapore represented the major importing country with an import of around X tons, which resulted at 40% of total imports. It was distantly followed by Thailand (X tons), the Philippines (X tons), Myanmar (X tons), Indonesia (X tons) and Vietnam (X tons), together achieving a 56% share of total imports. Malaysia (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to camel and other animal meat imports into Singapore stood at +4.2%. At the same time, Myanmar (+37.6%) and the Philippines (+9.1%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +37.6% from 2012-2022. By contrast, Indonesia (-2.0%), Thailand (-5.9%), Malaysia (-17.1%) and Vietnam (-17.3%) illustrated a downward trend over the same period. While the share of Singapore (+21 p.p.), the Philippines (+12 p.p.) and Myanmar (+7.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Thailand (-6.9 p.p.), Malaysia (-11.3 p.p.) and Vietnam (-22.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported meat of camels and other animals in South-Eastern Asia, comprising 70% of total imports. The second position in the ranking was held by Thailand ($X), with a 9.9% share of total imports. It was followed by Vietnam, with a 5% share.

In Singapore, camel and other animal meat imports increased at an average annual rate of +1.4% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Thailand (-2.2% per year) and Vietnam (-13.8% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, declining by -19.6% against the previous year. Overall, the import price, however, saw a slight expansion. The most prominent rate of growth was recorded in 2017 when the import price increased by 68%. Over the period under review, import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 Singapore ($X per ton), while the Philippines ($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 (+4.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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