50/21 | Research Article | Animal Husbandry Economics

Growth and Instability in Meat Production and Consumption of Different Countries of East Asia Region.

Department of Agricultural Economics and Extension, Sayed Jamaluddin Afghani University, Kunar province, Afghanistan Agricultural Economics, G.B. Pant University of Agriculture and Technology, Pantna

Abstract

This study examines growth and instability of production and consumption of meat in different countries of East Asia region from 2000 to 2017. Exponential growth function was used for estimation of Compound Annual Growth Rates (CAGR), and Cuddy - Della Valle indices was used to find the level of instability of production and consumption in the study period. In East Asia, meat production declined in Taiwan, Hong Kong and Macao which varied between CAGR of 0.73 per cent in Taiwan to 2.82 per cent in Hong Kong. However, positive CAGR in meat production varied from 0.85 per cent in North Korea to 2.42 per cent in China from the year 2000 to 2017. Negative growth in meat consumption was not reported by any country. The CAGR of consumption varied between 0.19 per cent in Taiwan to 5.31 per cent in Macao. China and Japan performed well in meat production in the region while in Mongolia and South Korea meat consumption grew more than meat production. The CAGR of consumption varied between 0.19 per cent in Taiwan to 5.31 per cent in Macao. In East Asian countries, Mongolia exhibited medium instability in both meat production and consumption in this period of study.

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