Southern Asia: Market for Prepared Or Preserved Shoulders And Cuts Of Swine Meat 2025

Market Size for Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Southern Asia

The South Asian preserved swine meat cut market reduced to $X in 2021, with a decrease of -6.3% against the previous year. Overall, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Production of Prepared Or Preserved Shoulders And Cuts Of Swine Meat in Southern Asia

In value terms, preserved swine meat cut production fell to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Exports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Exports in Southern Asia

In 2021, exports of prepared or preserved shoulders and cuts of swine meat in Southern Asia declined significantly to X tons, falling by -50.3% on the year before. Over the period under review, exports faced a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of 73%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, preserved swine meat cut exports shrank to $X in 2021. In general, exports saw a perceptible decline. The pace of growth appeared the most rapid in 2019 when exports increased by 107% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Sri Lanka (X tons) represented the major exporter of prepared or preserved shoulders and cuts of swine meat in Southern Asia, creating 100% of total export.

Sri Lanka was also the fastest-growing in terms of the prepared or preserved shoulders and cuts of swine meat exports, with a CAGR of -12.9% from 2012 to 2021. 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 meat cut supplier in Southern Asia.

In Sri Lanka, preserved swine meat cut exports declined by an average annual rate of -4.4% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, jumping by 93% against the previous year. Overall, the export price showed a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for Sri Lanka amounted to +9.8% per year.

Imports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Imports in Southern Asia

Preserved swine meat cut imports soared to X tons in 2021, picking up by 105% against 2020 figures. In general, imports enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2017 with an increase of 135% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, preserved swine meat cut imports surged to $X in 2021. Overall, imports recorded a moderate increase. The pace of growth was the most pronounced in 2019 when imports increased by 112%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, India (X tons) represented the major importer of prepared or preserved shoulders and cuts of swine meat, mixing up 72% of total imports. Afghanistan (X tons) took a 17% share (based on physical terms) of total imports, which put it in second place, followed by Bhutan (9.6%).

From 2012 to 2021, average annual rates of growth with regard to preserved swine meat cut imports into India stood at +16.2%. At the same time, Bhutan (+126.5%) displayed positive paces of growth. Moreover, Bhutan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +126.5% from 2012-2021. By contrast, Afghanistan (-3.9%) illustrated a downward trend over the same period. India (+45 p.p.) and Bhutan (+9.6 p.p.) significantly strengthened its position in terms of the total imports, while Afghanistan saw its share reduced by -17.9% from 2012 to 2021, respectively.

In value terms, India ($X) constitutes the largest market for imported prepared or preserved shoulders and cuts of swine meat in Southern Asia, comprising 64% of total imports. The second position in the ranking was held by Afghanistan ($X), with a 23% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in India totaled +10.9%. The remaining importing countries recorded the following average annual rates of imports growth: Afghanistan (-1.2% per year) and Bhutan (+119.3% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, waning by -33.1% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 29%. As a result, import price attained the peak level of $X per ton, and then shrank rapidly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Afghanistan (+2.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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