Asia: Rabbit Meat Market 2024

Rabbit Meat Market Size in Asia

The Asian rabbit meat market shrank to $X in 2022, remaining constant against the previous year. In general, consumption, however, saw a mild setback. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Rabbit Meat Production in Asia

In value terms, rabbit meat production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

The country with the largest volume of rabbit meat production was China (X tons), accounting for X% of total volume. Moreover, rabbit meat production in China exceeded the figures recorded by the second-largest producer, Democratic People's Republic of Korea (X tons), threefold.

In China, rabbit meat production plunged by an average annual rate of X% over the period from 2012-2022.

In 2022, the average yield of rabbit or hare meat in Asia amounted to X kg per head, approximately reflecting 2021. In general, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the yield attained the peak level of X kg per head; afterwards, it flattened through to 2022.

The global number of animals slaughtered for rabbit meat production reached X heads in 2022, surging by X% compared with the previous year. In general, the number of producing animals, however, saw a pronounced downturn. The pace of growth appeared the most rapid in 2013 when the number of producing animals increased by X%. Over the period under review, this number attained the maximum level at X heads in 2015; however, from 2016 to 2022, producing animals remained at a lower figure.

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Rabbit Meat Exports

Exports in Asia

In 2022, exports of rabbit or hare meat in Asia shrank to X tons, with a decrease of X% against the previous year's figure. Overall, exports showed a drastic downturn. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, rabbit meat exports contracted to $X in 2022. In general, exports showed a abrupt descent. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The biggest shipments were from China (X tons), together reaching X% of total export.

China was also the fastest-growing in terms of the rabbit or hare meat exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of China increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest rabbit meat supplier in Asia.

From 2012 to 2022, the average annual growth rate of value in China amounted to X%.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2016 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Rabbit Meat Imports

Imports in Asia

In 2022, overseas purchases of rabbit or hare meat were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, recorded a deep setback. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, rabbit meat imports rose modestly to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Japan represented the largest importer of rabbit or hare meat in Asia, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. The United Arab Emirates (X tons) ranks second in terms of the total imports with a X% share, followed by Vietnam (X%), Singapore (X%) and Yemen (X%). The following importers - Kuwait (X tons) and Cyprus (X tons) - each finished at a X% share of total imports.

Imports into Japan increased at an average annual rate of X% from 2012 to 2022. At the same time, Singapore (X%) and Kuwait (X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. By contrast, Cyprus (X%), Vietnam (X%), the United Arab Emirates (X%) and Yemen (X%) illustrated a downward trend over the same period. Japan (X p.p.), Singapore (X p.p.), the United Arab Emirates (X p.p.), Vietnam (X p.p.), Kuwait (X p.p.) and Cyprus (X p.p.) significantly strengthened its position in terms of the total imports, while Yemen saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Japan ($X) constitutes the largest market for imported rabbit or hare meat in Asia, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Japan stood at X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Singapore (X% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2022 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 Singapore ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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