Southern Asia: Fresh Beef Cut Market 2020

Fresh Beef Cut Market Size in Southern Asia

The revenue of the fresh beef cut market in Southern Asia amounted to $X in 2017, dropping by -X% against the previous year. The fresh beef cut consumption continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2015, with an increase of X% against the previous year. Over the period under review, the fresh beef cut market attained its maximum level of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Fresh Beef Cut Production in Southern Asia

In 2017, production of fresh or chilled cuts of beef and veal in Southern Asia amounted to X tons, flattening at the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. The volume of fresh beef cut production peaked in 2017, and is expected to retain its growth in the immediate term.

Fresh Beef Cut Exports in Southern Asia

In 2017, approx. X tons of fresh or chilled cuts of beef and veal were exported in Southern Asia; declining by -X% against the previous year. The fresh beef cut exports continue to indicate a strong expansion. The growth pace was the most rapid in 2013, when it surged by X% year-to-year. In that year, the fresh beef cut exports reached their peak volume of X tons. From 2014 to 2017, growth of the fresh beef cut exports failed to regain its momentum.

In value terms, fresh beef cut exports stood at $X in 2017. The fresh beef cut exports continue to indicate a strong expansion. Over the period under review, the fresh beef cut exports attained its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Fresh Beef Cut Exports by Country in Southern Asia

In 2017, India (X tons) represented the main exporter for fresh or chilled cuts of beef and veal, committing X% of total exports. It was distantly followed by Pakistan (X tons), committing X% share of total exports.

India was also the fastest growing in terms of the fresh or chilled cuts of beef and veal exports, with a CAGR of +X% from 2007 to 2017. At the same time, Pakistan (+X%) displayed positive paces of growth. From 2007 to 2017, the share of Pakistan and India decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest fresh beef cut supplier in Southern Asia, making up X% of global exports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of global exports.

From 2007 to 2017, the average annual rate of growth in terms of value in India totaled +X%.

Fresh Beef Cut Export Prices by Country in Southern Asia

The fresh beef cut export price in Southern Asia stood at $X per ton in 2017, surging by X% against the previous year. The fresh beef cut export price continues to indicate a significant deduction. The most prominent rate of growth was recorded in 2012, an increase of X% against the previous year. The level of export price peaked of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Pakistan ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Pakistan (+X% per year).

Fresh Beef Cut Imports in Southern Asia

The imports amounted to X tons in 2017, going up by X% against the previous year. The fresh beef cut imports continue to indicate a remarkable growth. The most prominent rate of growth was recorded in 2011, when imports increased by X% y-o-y. Over the period under review, the fresh beef cut imports reached its maximum volume in 2017, and are likely to continue its growth in the near future.

In value terms, fresh beef cut imports totaled $X in 2017. The fresh beef cut imports continue to indicate a skyrocketing increase. The level of imports peaked in 2017, and are expected to retain its growth in the immediate term.

Fresh Beef Cut Imports by Country in Southern Asia

Maldives dominates fresh beef cut imports structure, recording X tons, which was approx. X% of total imports in 2017. It was distantly followed by Nepal (X tons), comprising X% share of total imports.

Maldives was also the fastest growing in terms of the fresh or chilled cuts of beef and veal imports, with a CAGR of +X% from 2007 to 2017. Nepal experienced a relatively flat trend pattern. Maldives (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Maldives ($X) constitutes the largest market for imported fresh or chilled cuts of beef and veal in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Nepal ($X), with a X% share of global imports.

From 2007 to 2017, the average annual rate of growth in terms of value in Maldives totaled +X%.

Fresh Beef Cut Import Prices by Country in Southern Asia

The fresh beef cut import price in Southern Asia stood at $X per ton in 2017, approximately reflecting the previous year. The import price indicated a strong increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fresh beef cut import price decreased by -X% against 2015 indices. The growth pace was the most rapid in 2009, when the import prices increased by X% against the previous year. Over the period under review, the import prices for fresh or chilled cuts of beef and veal reached its peak figure level of $X per ton in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Maldives ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Nepal (+X% per year).

Source: IndexBox Platform