IndexBox has just published a new report: ‘EU – Rabbit Or Hare Meat – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The EU rabbit meat market reduced to $1.1B in 2019, waning by -3.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Over the period under review, consumption recorded a perceptible slump. The pace of growth appeared the most rapid in 2018 with an increase of 12% against the previous year. Over the period under review, the market attained the maximum level at $1.5B in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.

Consumption by Country

The countries with the highest volumes of rabbit meat consumption in 2019 were Spain (51K tonnes), Italy (45K tonnes) and the Czech Republic (40K tonnes), together accounting for 57% of total consumption. France, Germany, Bulgaria and Slovakia lagged somewhat behind, together comprising a further 36%.

From 2013 to 2019, the most notable rate of growth in terms of rabbit meat consumption, amongst the key consuming countries, was attained by Slovakia, while rabbit meat consumption for the other leaders experienced mixed trends in the consumption figures.

In value terms, the largest rabbit meat markets in the European Union were Germany ($249M), Spain ($213M) and Italy ($193M), together accounting for 58% of the total market. These countries were followed by France, the Czech Republic, Slovakia and Bulgaria, which together accounted for a further 36%.

In 2019, the highest levels of rabbit meat per capita consumption was registered in the Czech Republic (3.72 kg per person), followed by Spain (1.09 kg per person), Slovakia (0.82 kg per person) and Italy (0.75 kg per person), while the world average per capita consumption of rabbit meat was estimated at 0.46 kg per person.

Production in the EU

In 2019, approx. 234K tonnes of rabbit or hare meat were produced in the European Union; falling by -1.8% against 2018. In general, production saw a noticeable curtailment. The general negative trend in terms output was largely conditioned by a pronounced descent of the number of producing animals and a relatively flat trend pattern in yield figures.

Production by Country

The countries with the highest volumes of rabbit meat production in 2019 were Spain (54K tonnes), Italy (43K tonnes) and France (42K tonnes), with a combined 60% share of total production. These countries were followed by the Czech Republic, Germany, Hungary and Bulgaria, which together accounted for a further 35%.

From 2013 to 2019, the biggest increases were in Bulgaria, while rabbit meat production for the other leaders experienced a decline in the production figures.

Producing Animals and Yield

In 2019, number of animals slaughtered for rabbit meat production in the European Union shrank modestly to 144M heads, declining by -2.4% against 2018 figures. Over the period under review, the number of producing animals saw a pronounced decrease. The level of producing animals peaked at 175M heads in 2013; however, from 2014 to 2019, producing animals stood at a somewhat lower figure.

The average rabbit meat yield reached 1,631 kg per 1000 heads in 2019, standing approx. at the year before. Overall, the yield recorded a relatively flat trend pattern.

Exports in the EU

In 2019, shipments abroad of rabbit or hare meat decreased by -0.3% to 25K tonnes, falling for the fifth consecutive year after two years of growth. Overall, exports recorded a slight shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of 8.8% year-to-year. As a result, exports attained the peak of 31K tonnes. From 2015 to 2019, the growth exports remained at a lower figure. In value terms, rabbit meat exports reduced to $130M (IndexBox estimates) in 2019.

Exports by Country

In 2019, France (6K tonnes), Spain (5.5K tonnes), Hungary (4.7K tonnes) and Belgium (4.3K tonnes) was the major exporter of rabbit or hare meat in the European Union, committing 81% of total export. It was distantly followed by Italy (1.5K tonnes), making up a 6% share of total exports. The following exporters – the Netherlands (912 tonnes) and Portugal (648 tonnes) – together made up 6% of total exports.

From 2013 to 2019, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Portugal, while exports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($29M), France ($28M) and Belgium ($25M) constituted the countries with the highest levels of exports in 2019, with a combined 62% share of total exports. Spain, the Netherlands, Italy and Portugal lagged somewhat behind, together comprising a further 30%.

Export Prices by Country

The rabbit meat export price in the European Union stood at $5,131 per tonne in 2019, dropping by -6% against the previous year. Overall, the export price showed a mild contraction. The growth pace was the most rapid in 2018 when the export price increased by 21% year-to-year. The level of export peaked at $5,638 per tonne in 2013; however, from 2014 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($7,147 per tonne), while Italy ($3,744 per tonne) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Portugal, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform