Prepared or preserved beef and offal market in ASEAN

Earlier Report Observations

From 2018 to 2020, the ASEAN market for prepared or preserved beef and offal contracted in volume, falling from 15 628 t to 9 956 t. This decline coincided with Malaysia emerging as a significant exporter within Asia, strengthening its position and increasing outbound shipments. The entry and expansion of such players redirected production toward exports, reducing the volume available for domestic consumption across the region.

The market rebounded sharply in 2021, with volume jumping to 13 858 t. This recovery was primarily driven by rising consumer demand across the Asia-Pacific region for convenient, ready-to-cook meat products, which spurred product development and packaging innovations. Following this peak, market volume stabilized around 14 000 t in 2022 before a modest adjustment in 2023.

Underlying trends such as urbanization and busier lifestyles continued to support demand for pre-prepared meat products in the following years. Malaysia maintained its role as a key exporter, while Singapore and the Philippines remained important import hubs within ASEAN, reflecting sustained regional trade flows.

Production prepared or preserved beef and offal in ASEAN

In kind, 2017-2020, t

Top producers of prepared or preserved beef and offal, 2017-2020

World map of production of prepared or preserved beef and offal, 2017-2020

ASEAN's production of prepared or preserved beef and offal has declined for the third consecutive year. In 2020, the region produced 4 482 tonnes, representing a 17.3% year-on-year decrease. Over the 2017-2020 period, production fell by 36.2%, with a compound annual growth rate of -13.9%.

Annual dynamics of production in ASEAN in kind, 2017-2020, t

In value, 2017-2020, K $ US

The value of prepared or preserved beef and offal production in ASEAN also declined for the third consecutive year. In 2020, output was valued at 21 214 thousand US dollars, marking a significant 17.6% decrease compared to the previous year. From 2017 to 2020, production value dropped by 37.1%, with a compound annual growth rate of -14.3%.

Annual dynamics of production in ASEAN in value, 2017-2020, K $ US

Exports prepared or preserved beef and offal from ASEAN

Exports in kind, t

The export market showed an unstable trend throughout the period. Exports reached their lowest point in 2017 and peaked in 2019, with a 2.9-fold difference between these years. In 2020, ASEAN's export volume of prepared or preserved beef and offal amounted to 4 164 tonnes, down 21.7% from 2019. The highest volume was recorded in 2019 at 5 318 tonnes, while the largest increase occurred in 2018 at 124.6%.

Annual dynamics of product's exports from ASEAN in kind, 2017-2020, t

The structure of exports in kind from 2017 to 2020 reveals a diversified set of trading partners. The United Arab Emirates accounted for 10.1% of exports, China for 8.5%, and Hong Kong for 7.2%. Together, these three markets represented only 25.8% of total flows, with the remaining 74.2% distributed among numerous smaller markets.

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

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

Exports in value, K $ US

Market performance showed noticeable fluctuations during this period. Exports reached their lowest point in 2017 and peaked in 2019, with a 2.8-fold difference between these years. In 2020, prepared or preserved beef and offal deliveries from ASEAN were valued at 19 711 thousand US dollars, reflecting a significant 22.0% drop compared to 2019. The highest value was recorded in 2019 at 25 268 thousand US dollars, while the largest increase occurred in 2018 at 123.8%.

Annual dynamics of product's exports from ASEAN in value, 2017-2020, K $ US

From 2017 to 2020, prepared or preserved beef and offal from ASEAN was supplied to a broad range of markets. China accounted for 8.5% of exports in value terms, the United Arab Emirates for 8.2%, and Hong Kong for 7.9%. Together, these three destinations represented only 24.6% of total export value, with the remaining 75.4% coming from many smaller markets.

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

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

Imports prepared or preserved beef and offal to ASEAN

Imports in kind, t

ASEAN's imports of prepared or preserved beef and offal declined for the second consecutive year. In 2020, imports reached 9 639 tonnes, showing a 20.1% decrease compared to 2019. Between 2017 and 2020, imports fell by 11.1%, equating to an annualized rate of -3.8%. The highest volume was recorded in 2018 at 12 914 tonnes, while the largest increase also occurred in 2018 at 19.1%.

Annual dynamics of product's imports to ASEAN in kind, 2017-2020, t

From 2017 to 2020, Australia stood out as the dominant source for imports in kind, accounting for 65.2% of the total. Brazil followed with 8.4%, and New Zealand with 4.0%. Together, these three markets represented 77.6% of total import flows.

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

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

Imports in value, K $ US

In 2020, the value of prepared or preserved beef and offal imports into ASEAN reached 66 952 thousand US dollars, constituting a 12.9% year-on-year increase. Over the 2017-2020 period, import value grew by 39.1%, with a compound annual growth rate of 11.6%. The largest decline was recorded in 2019 at 2.9%, while the largest increase occurred in 2018 at 26.9%.

Annual dynamics of product's imports to ASEAN in value, 2017-2020, K $ US

From 2017 to 2020, Australia was the primary source for imports in value terms, accounting for 66.4% of the total. Brazil followed with 6.0%, and New Zealand with 5.4%. Together, these three markets represented 77.8% of total import flows.

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

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