Pig offal market in Eastern Asia

Earlier Report Observations

The pig offal market in Eastern Asia reached 2.8 million tonnes in 2018, supported by the government's frozen meat purchase and release mechanism designed to balance pork supply and stabilize prices. The following two years saw a contraction, with the market volume declining to 2.3 million tonnes by 2020. During this period, high regional pork import volumes and ongoing optimization of swine breeding genetics indicated structural shifts within the pork industry.

Market volume rebounded strongly from 2021 onwards, growing to 3.1 million tonnes in 2023. A key driver was the introduction of a revised government pork reserve regulation in June 2021, which established a precise early-warning system based on the pig-to-grain price ratio and led to several direct market interventions. Concurrently, a sharp decline in pork imports signalled a rise in domestic production capacity. By 2023, the scaling-up of pig farming, marked by an increasing number of large-scale enterprises, further boosted the supply of offal.

By 2024, the swine production capacity control policy had been optimized, leading to a more balanced supply-demand fundamentals. The breeding sow inventory reached a high level near the upper limit of reasonable capacity, while major industry players strengthened their vertical integration across the feed, breeding, farming, and processing segments, solidifying the foundation of the pig offal market.

Production pig offal in Eastern Asia

In kind, 2017-2020, K t

Top producers of pig offal, 2017-2020

World map of production of pig offal, 2017-2020

Pig offal production in Eastern Asia has declined for the third year in a row. In 2020, the region produced 2,156 thousand tonnes, which represents a 2.5% decrease compared to the previous year. Looking at the period from 2017 to 2020, production fell by 20.9%, with an average annual decline of 7.5%.

Annual dynamics of production in Eastern Asia in kind, 2017-2020, K t

In value, 2017-2020, M $ US

Pig offal production in Eastern Asia has dropped for the third consecutive year. In 2020, the output was valued at 16,863 million US dollars, marking a 6.3% reduction from 2019. Over the four-year span from 2017 to 2020, production decreased by 38.2%, with an average annual decline of 14.8%.

Annual dynamics of production in Eastern Asia in value, 2017-2020, M $ US

Exports pig offal from Eastern Asia

Exports in kind, K t

Eastern Asia's pig offal exports have declined for the second year running. In 2020, exports totaled 120.0 thousand tonnes, showing a controlled loss of 9.3% compared to 2019. From 2017 to 2020, exports decreased by 11.4%, with an average annual decline of 4.0%. The highest volume was recorded in 2018 at 151.4 thousand tonnes, which also saw the largest increase of 11.8%. In contrast, 2019 experienced the largest decline of 12.6%.

Annual dynamics of product's exports from Eastern Asia in kind, 2017-2020, K t

From 2017 to 2020, Germany, the United States, and the Netherlands were the key destinations for pig offal exports in kind. Germany accounted for 23.0% of exports, the United States for 20.3%, and the Netherlands for 11.5%. Together, these three countries represented 54.8% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Eastern Asia in kind, 2017-2020

Exports in value, M $ US

Eastern Asia's pig offal export value has fallen for the second consecutive year. In 2020, exports were recorded at 938 million US dollars, indicating a 12.8% year-on-year drop. Between 2017 and 2020, exports decreased by 30.8%, with an average annual decline of 11.6%. The peak value was in 2018 at 1,370 million US dollars, which also saw the largest increase of 1.0%. The largest decline occurred in 2019, with a 21.5% decrease.

Annual dynamics of product's exports from Eastern Asia in value, 2017-2020, M $ US

An analysis of pig offal exports in value terms from 2017 to 2020 reveals a broad distribution across many markets. Germany accounted for 21.5% of exports, Thailand for 11.7%, and the Netherlands for 9.5%. Together, these three countries made up 42.8% of total flows, while the remaining 57.2% was spread among other partners.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Eastern Asia in value, 2017-2020

Imports pig offal to Eastern Asia

Imports in kind, K t

Eastern Asia's pig offal imports have increased for the second year in a row. In 2020, the region imported 256.8 thousand tonnes, which is a 7.2% rise compared to the previous year. From 2017 to 2020, imports grew by 7.9%, with an average annual increase of 2.6%. The lowest volume was recorded in 2018 at 234.9 thousand tonnes, which also saw the largest decline of 1.2%.

Annual dynamics of product's imports to Eastern Asia in kind, 2017-2020, K t

Between 2017 and 2020, the United States, Australia, and Germany were the main suppliers of pig offal to Eastern Asia in kind. The United States contributed 31.3% of imports, Australia 16.9%, and Germany 10.1%. Collectively, these three countries accounted for 58.4% of total imports.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Eastern Asia in kind, 2017-2020

Imports in value, M $ US

After two years of growth, foreign pig offal supplies to Eastern Asia declined. In 2020, the region imported a total of 856 million US dollars worth of pig offal, representing a slight decrease of 2.9% compared to 2019. Over the period from 2017 to 2020, imports increased by 25.3%, with an average annual growth rate of 7.8%. The highest value was recorded in 2019 at 881 million US dollars, while 2018 saw the largest increase of 16.2%.

Annual dynamics of product's imports to Eastern Asia in value, 2017-2020, M $ US

From 2017 to 2020, the United States, New Zealand, and Australia were the primary sources of pig offal imports in value terms for Eastern Asia. The United States accounted for 25.1% of imports, New Zealand for 15.2%, and Australia for 14.9%. Together, these three countries made up 55.2% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Eastern Asia in value, 2017-2020