South-Eastern Asia: Preserved Cows Meat Market 2025

Preserved Cows Meat Market Size in South-Eastern Asia

The Southeast Asian preserved cows meat market amounted to $X in 2021, picking up by 2.9% against the previous year. The total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -3.6% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Preserved Cows Meat Production in South-Eastern Asia

In value terms, preserved cows meat production rose modestly to $X in 2021 estimated in export price. The total production indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -3.1% against 2019 indices. The growth pace was the most rapid in 2014 when the production volume increased by 28% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Preserved Cows Meat Exports

Exports in South-Eastern Asia

In 2021, preserved cows meat exports in South-Eastern Asia surged to X tons, jumping by 52% on the previous year. Over the period under review, exports continue to indicate strong growth. The pace of growth was the most pronounced in 2014 when exports increased by 128% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, preserved cows meat exports skyrocketed to $X in 2021. Overall, exports showed buoyant growth. The growth pace was the most rapid in 2014 with an increase of 144%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

The shipments of the three major exporters of prepared or preserved meat or offal of bovine animals, namely Malaysia, Vietnam and the Philippines, represented more than two-thirds of total export. It was distantly followed by Singapore (X tons), comprising a 7.9% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Vietnam (with a CAGR of +54.5%), while the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Vietnam ($X) and the Philippines ($X) constituted the countries with the highest levels of exports in 2021, together comprising 84% of total exports.

Vietnam, with a CAGR of +60.4%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, remaining stable against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.5%. The pace of growth appeared the most rapid in 2018 an increase of 23% against the previous year. The level of export peaked in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, 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 the Philippines (+4.4%), while the other leaders experienced more modest paces of growth.

Preserved Cows Meat Imports

Imports in South-Eastern Asia

Preserved cows meat imports stood at X tons in 2021, approximately mirroring the year before. Total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -19.5% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 43%. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, preserved cows meat imports expanded remarkably to $X in 2021. Overall, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 39%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Singapore (X tons), the Philippines (X tons) and Indonesia (X tons) was the largest importer of prepared or preserved meat or offal of bovine animals in South-Eastern Asia, creating 85% of total import. It was distantly followed by Vietnam (X tons) and Thailand (X tons), together constituting a 12% share of total imports. Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Philippines (with a CAGR of +19.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved cows meat importing markets in South-Eastern Asia were Singapore ($X), Indonesia ($X) and the Philippines ($X), with a combined 87% share of total imports.

The Philippines, with a CAGR of +56.3%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in South-Eastern Asia amounted to $X per ton, picking up by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+31.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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