Southern Asia: Preserved Beef Market 2025

Preserved Beef Market Size in Southern Asia

The South Asian preserved beef market dropped to $X in 2021, waning by -7% against the previous year. The total consumption indicated a resilient expansion 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. The level of consumption peaked at $X in 2020, and then reduced in the following year.

Preserved Beef Production in Southern Asia

In value terms, preserved beef production dropped slightly to $X in 2021 estimated in export price. The total production indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +2.7% against 2019 indices. The growth pace was the most rapid in 2017 when the production volume increased by 26% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Preserved Beef Exports

Exports in Southern Asia

In 2021, preserved beef exports in Southern Asia soared to X tons, jumping by 410% on the year before. Overall, exports, however, continue to indicate a noticeable reduction. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, preserved beef exports surged to $X in 2021. Over the period under review, exports enjoyed a noticeable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

India prevails in exports structure, reaching X tons, which was near 89% of total exports in 2021. It was distantly followed by Bangladesh (X tons) and Pakistan (X tons), together constituting a 10% share of total exports.

Exports from India decreased at an average annual rate of -3.1% from 2012 to 2021. At the same time, Bangladesh (+9.4%) and Pakistan (+6.8%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +9.4% from 2012-2021. Bangladesh (+3.4 p.p.) and Pakistan (+2.7 p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by -6.8% from 2012 to 2021, respectively.

In value terms, India ($X) remains the largest preserved beef supplier in Southern Asia, comprising 91% of total exports. The second position in the ranking was held by Bangladesh ($X), with a 4.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in India totaled +1.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Bangladesh (+13.3% per year) and Pakistan (+11.4% per year).

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, growing by 3.9% against the previous year. Export price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, preserved beef export price increased by +24.6% against 2019 indices. The pace of growth was the most pronounced in 2020 when the export price increased by 20%. The level of export peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was India ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+5.0%), while the other leaders experienced more modest paces of growth.

Preserved Beef Imports

Imports in Southern Asia

In 2021, approx. X tons of beef and veal (salted, in brine, dried or smoked) were imported in Southern Asia; growing by 47% compared with the previous year's figure. Overall, imports posted noticeable growth. The most prominent rate of growth was recorded in 2014 with an increase of 262%. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, preserved beef imports surged to $X in 2021. In general, imports continue to indicate a pronounced increase. The level of import peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, India (X tons) and Pakistan (X tons) were the largest importers of beef and veal (salted, in brine, dried or smoked) in Southern Asia, together committing 86% of total imports. It was distantly followed by Maldives (X tons), constituting a 12% share of total imports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +30.7%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, India ($X) constitutes the largest market for imported beef and veal (salted, in brine, dried or smoked) in Southern Asia, comprising 68% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 21% share of total imports.

In India, preserved beef imports expanded at an average annual rate of +44.1% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (+31.2% per year) and Maldives (-17.0% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, surging by 37% against the previous year. Overall, the import price saw a mild increase. The most prominent rate of growth was recorded in 2017 when the import price increased by 74%. Over the period under review, import prices reached the peak figure in 2021 and is likely to see gradual growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+11.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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