Asia-Pacific: Rabbit Meat Market 2024

Rabbit Meat Market Size in Asia-Pacific

The Asia-Pacific rabbit meat market contracted to $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption, however, continues to indicate a slight setback. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Rabbit Meat Production in Asia-Pacific

In value terms, rabbit meat production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a slight slump. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

China (X tons) constituted the country with the largest volume of rabbit meat production, comprising approx. 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.

The average rabbit meat yield was estimated at X kg per head in 2022, almost unchanged from 2021 figures. Overall, the yield saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, the yield reached the peak level of X kg per head; afterwards, it flattened through to 2022.

In 2022, approx. X heads of animals slaughtered for rabbit meat production in Asia-Pacific; rising by X% on 2021 figures. In general, the number of producing animals, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, this number reached the maximum level at X heads in 2015; however, from 2016 to 2022, producing animals remained at a lower figure.

Rabbit Meat Exports

Exports in Asia-Pacific

For the fifth consecutive year, Asia-Pacific recorded decline in shipments abroad of rabbit or hare meat, which decreased by X% to X tons in 2022. Over the period under review, exports showed a abrupt slump. The growth pace was the most rapid in 2017 when exports increased by X%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, rabbit meat exports fell to $X in 2022. Overall, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2014 when exports increased by X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China (X tons) represented roughly X% of total exports in 2022.

China was also the fastest-growing in terms of the rabbit or hare meat exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2016 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the export prices remained at a 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-Pacific

In 2022, after three years of decline, there was significant growth in purchases abroad of rabbit or hare meat, when their volume increased by X% to X tons. Overall, imports, however, continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, rabbit meat imports soared to $X in 2022. In general, imports saw a modest increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Japan (X tons) represented the major importer of rabbit or hare meat, comprising X% of total imports. It was distantly followed by Vietnam (X tons) and Singapore (X tons), together comprising a X% share of total imports. New Caledonia (X tons), Maldives (X tons) and the Philippines (X tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to rabbit meat imports into Japan stood at X%. At the same time, the Philippines (X%), Singapore (X%) and Maldives (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, New Caledonia (X%) and Vietnam (X%) illustrated a downward trend over the same period. While the share of Japan (X p.p.), Singapore (X p.p.), the Philippines (X p.p.) and Maldives (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Vietnam (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Japan, rabbit meat imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Vietnam (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, waning by X% against the previous year. In general, the import price, however, continues to indicate a temperate expansion. The pace of growth appeared the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per ton in 2021, and then shrank modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :