Southern Asia: Preserved Swine Belly Market 2021

Preserved Swine Belly Market Size in Southern Asia

In 2020, the South Asian preserved swine belly market increased by X% to $X, rising for the second year in a row after four years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the market value increased by X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2020, consumption remained at a lower figure.

Preserved Swine Belly Production in Southern Asia

In value terms, preserved swine belly production rose modestly to $X in 2020 estimated in export prices. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2020, production failed to regain the momentum.

Production By Country in Southern Asia

The countries with the highest volumes of preserved swine belly production in 2020 were India (X tons), Pakistan (X tons) and Bangladesh (X tons), together accounting for X% of total production. Afghanistan, Sri Lanka and Nepal lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of preserved swine belly production, amongst the main producing countries, was attained by Sri Lanka, while preserved swine belly production for the other leaders experienced more modest paces of growth.

Preserved Swine Belly Exports

Exports in Southern Asia

In 2020, approx. X kg of bellies and cuts of swine (salted, in brine, dried or smoked) were exported in Southern Asia; with a decrease of -X% on the year before. Overall, exports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, exports reached the peak of X tons. from 2019 to 2020, the growth exports remained at a lower figure.

In value terms, preserved swine belly exports shrank to $X in 2020. In general, exports continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, exports reached the peak of $X. from 2019 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of bellies and cuts of swine (salted, in brine, dried or smoked), namely Sri Lanka, represented more than two-thirds of total export.

Sri Lanka was also the fastest-growing in terms of the bellies and cuts of swine (salted, in brine, dried or smoked) exports, with a CAGR of -X% from 2007 to 2020. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Sri Lanka ($X) also remains the largest preserved swine belly supplier in Southern Asia.

In Sri Lanka, preserved swine belly exports decreased by an average annual rate of -X% over the period from 2007-2020.

Export Prices by Country

The preserved swine belly export price in Southern Asia stood at $X per ton in 2020, standing approx. at the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X% y-o-y. Over the period under review, export prices reached the maximum at $X per ton in 2008; however, from 2009 to 2020, export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for Sri Lanka.

From 2007 to 2020, the rate of growth in terms of prices for Sri Lanka amounted to -X% per year.

Preserved Swine Belly Imports

Imports in Southern Asia

In 2020, overseas purchases of bellies and cuts of swine (salted, in brine, dried or smoked) increased by X% to X tons, rising for the fourth consecutive year after three years of decline. Over the period under review, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tons in 2011; however, from 2012 to 2020, imports remained at a lower figure.

In value terms, preserved swine belly imports soared to $X in 2020. Overall, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. from 2014 to 2020, the growth imports remained at a lower figure.

Imports by Country

The countries with the highest levels of preserved swine belly imports in 2020 were Afghanistan (X tons), Bangladesh (X tons), Maldives (X tons) and Pakistan (X tons), together accounting for X% of total import. It was distantly followed by India (X tons), committing a X% share of total imports.

From 2007 to 2020, the biggest increases were in Bangladesh (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved swine belly importing markets in Southern Asia were Afghanistan ($X), Pakistan ($X) and Maldives ($X), together comprising X% of total imports. Bangladesh and India lagged somewhat behind, together accounting for a further X (+X% per year) saw the highest rates of growth with regard to 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

The preserved swine belly import price in Southern Asia stood at $X per ton in 2020, rising by X% against the previous year. Import price indicated a noticeable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, preserved swine belly import price increased by +X% against 2015 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Pakistan, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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