Southern Asia: Fresh Pork Cut Market 2025

Fresh Pork Cut Market Size in Southern Asia

The South Asian fresh pork cut market dropped to $X in 2022, declining by -11.3% against the previous year. Over the period under review, consumption saw a deep slump. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Fresh Pork Cut Production in Southern Asia

In value terms, fresh pork cut production totaled $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by 28% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

India (X tons) remains the largest fresh pork cut producing country in Southern Asia, accounting for 70% of total volume. Moreover, fresh pork cut production in India exceeded the figures recorded by the second-largest producer, Bangladesh (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume in India was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Bangladesh (+0.5% per year) and Pakistan (+2.1% per year).

Fresh Pork Cut Exports

Exports in Southern Asia

Fresh pork cut exports declined markedly to X tons in 2022, which is down by -43.2% on the year before. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2018 when exports increased by 10,651% against the previous year. The volume of export peaked at X tons in 2021, and then dropped markedly in the following year.

In value terms, fresh pork cut exports shrank rapidly to $X in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 7,571% against the previous year. The level of export peaked at $X in 2021, and then fell significantly in the following year.

Exports by Country

In 2022, India (X tons) represented the main exporter of fresh or chilled hams, shoulders and cuts of pig meat in Southern Asia, mixing up 100% of total export.

India was also the fastest-growing in terms of the fresh or chilled hams, shoulders and cuts of pig meat exports, with a CAGR of +234.2% from 2013 to 2022. India (+99 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest fresh pork cut supplier in Southern Asia.

From 2013 to 2022, the average annual growth rate of value in India stood at +247.8%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, growing by 4.5% against the previous year. Overall, the export price recorded a strong increase. The growth pace was the most rapid in 2019 when the export price increased by 97%. Over the period under review, the export prices attained the peak figure at $X per ton in 2020; afterwards, it flattened through to 2022.

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

From 2013 to 2022, the rate of growth in terms of prices for India amounted to +4.1% per year.

Fresh Pork Cut Imports

Imports in Southern Asia

In 2022, approx. X tons of fresh or chilled hams, shoulders and cuts of pig meat were imported in Southern Asia; reducing by -52.4% compared with the previous year's figure. In general, imports faced a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 351%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, fresh pork cut imports fell notably to $X in 2022. Over the period under review, imports faced a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 215%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Bhutan was the main importer of fresh or chilled hams, shoulders and cuts of pig meat in Southern Asia, with the volume of imports amounting to X tons, which was approx. 75% of total imports in 2022. It was distantly followed by Afghanistan (X tons), creating an 18% share of total imports. Maldives (X kg) and India (X kg) followed a long way behind the leaders.

Bhutan experienced a relatively flat trend pattern with regard to volume of imports of fresh or chilled hams, shoulders and cuts of pig meat. Maldives (-5.1%), Afghanistan (-17.6%) and India (-40.8%) illustrated a downward trend over the same period. While the share of Bhutan (+61 p.p.) and Maldives (+2.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Afghanistan (-5.9 p.p.) and India (-58.4 p.p.) displayed negative dynamics.

In value terms, Bhutan ($X) constitutes the largest market for imported fresh or chilled hams, shoulders and cuts of pig meat in Southern Asia, comprising 61% of total imports. The second position in the ranking was held by Afghanistan ($X), with a 26% share of total imports. It was followed by Maldives, with a 10% share.

From 2012 to 2022, the average annual growth rate of value in Bhutan stood at +2.9%. In the other countries, the average annual rates were as follows: Afghanistan (-20.1% per year) and Maldives (-3.7% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, picking up by 38% against the previous year. Over the period under review, the import price, however, recorded a perceptible slump. The pace of growth was the most pronounced in 2017 when the import price increased by 56% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bhutan (+2.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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