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Australia and Oceania - Animal Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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Australia and Oceania: Animal Fats Market Overview 2021

Animal Fats Market Size in Australia and Oceania

In 2019, after two years of growth, there was significant decline in the animal fats market in Australia and Oceania, when its value decreased by -X% to $X. Overall, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X, and then shrank remarkably in the following year.

Animal Fats Production in Australia and Oceania

In value terms, animal fats production skyrocketed to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2011 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs in 2019 and is expected to retain growth in the near future.

Production By Country in Australia and Oceania

The country with the largest volume of animal fats production was Australia (X tonnes), accounting for X% of total volume. Moreover, animal fats production in Australia exceeded the figures recorded by the second-largest producer, Papua New Guinea (X tonnes), fourfold.

From 2007 to 2019, the average annual rate of growth in terms of volume in Australia was relatively modest. In the other countries, the average annual rates were as follows: Papua New Guinea (+X% per year) and New Zealand (+X% per year).

Animal Fats Exports

Exports in Australia and Oceania

In 2019, shipments abroad of animal fats and oils increased by X% to X tonnes for the first time since 2016, thus ending a two-year declining trend. In general, exports posted a pronounced expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, animal fats exports skyrocketed to $X in 2019. Overall, exports continue to indicate a noticeable increase. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. The level of export peaked at $X in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

Exports by Country

New Zealand was the key exporter of animal fats and oils in Australia and Oceania, with the volume of exports finishing at X tonnes, which was approx. X% of total exports in 2019. It was distantly followed by Australia (X tonnes), creating a X% share of total exports.

New Zealand was also the fastest-growing in terms of the animal fats and oils exports, with a CAGR of +X% from 2007 to 2019. Australia (-X%) illustrated a downward trend over the same period. New Zealand (+X p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -X% from 2007 to 2019, respectively.

In value terms, the largest animal fats supplying countries in Australia and Oceania were New Zealand ($X) and Australia ($X), together comprising X% of total exports.

Among the main exporting countries, New Zealand recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2019, the animal fats export price in Australia and Oceania amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Australia ($X per tonne), while New Zealand totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Australia.

Animal Fats Imports

Imports in Australia and Oceania

After four years of growth, purchases abroad of animal fats and oils decreased by -X% to X tonnes in 2019. Over the period under review, imports, however, posted noticeable growth. The pace of growth was the most pronounced in 2015 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at X tonnes in 2018, and then dropped dramatically in the following year.

In value terms, animal fats imports fell to $X in 2019. Overall, imports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2018, and then dropped in the following year.

Imports by Country

New Zealand was the major importer of animal fats and oils in Australia and Oceania, with the volume of imports reaching X tonnes, which was near X% of total imports in 2019. It was distantly followed by Australia (X tonnes), mixing up a X% share of total imports. The following importers - Fiji (X tonnes) and Papua New Guinea (X tonnes) - each resulted at a X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Australia, while imports for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X) constitutes the largest market for imported animal fats and oils in Australia and Oceania, comprising X% of total imports. The second position in the ranking was occupied by Australia ($X), with a X% share of total imports. It was followed by Papua New Guinea, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value in New Zealand amounted to +X%. In the other countries, the average annual rates were as follows: Australia (+X% per year) and Papua New Guinea (+X% per year).

Import Prices by Country

In 2019, the animal fats import price in Australia and Oceania amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2012 when the import price increased by X% year-to-year. The level of import peaked in 2019 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was New Zealand ($X per tonne), while Fiji ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by New Zealand, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for animal fats and oils in Australia and Oceania?
+
The country with the largest volume of animal fats consumption was Australia (15K tonnes), comprising approx. 79% of total volume. Moreover, animal fats consumption in Australia exceeded the figures recorded by the second-largest consumer, Papua New Guinea (3.7K tonnes), fourfold.
What are the largest producers of animal fats and oils in Australia and Oceania?
+
The country with the largest volume of animal fats production was Australia (15K tonnes), comprising approx. 74% of total volume. Moreover, animal fats production in Australia exceeded the figures recorded by the second-largest producer, Papua New Guinea (3.6K tonnes), fourfold.
What are the leading exporters of animal fats and oils in Australia and Oceania?
+
In value terms, the largest animal fats supplying countries in Australia and Oceania were New Zealand ($1.8M) and Australia ($1.1M), together accounting for 100% of total exports.
What are the leading importers of animal fats and oils in Australia and Oceania?
+
In value terms, New Zealand ($13M) constitutes the largest market for imported animal fats and oils in Australia and Oceania, comprising 66% of total imports. The second position in the ranking was occupied by Australia ($6.5M), with a 33% share of total imports. It was followed by Papua New Guinea, with a 0.5% share.
What is the average export price for animal fats and oils in Australia and Oceania?
+
The animal fats export price in Australia and Oceania stood at $1,103 per tonne in 2019, falling by -47.7% against the previous year.
What is the average import price for animal fats and oils in Australia and Oceania?
+
In 2019, the animal fats import price in Australia and Oceania amounted to $11,459 per tonne, with an increase of 36% against the previous year.

Product coverage:
• Prodcom 10416030 - Animal fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)

This report provides an in-depth analysis of the animal fats market in Australia and Oceania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• American Samoa
• Cook Islands
• Fiji
• French Polynesia
• Guam
• Kiribati
• Marshall Islands
• Micronesia (Federated States of)
• Nauru
• New Caledonia
• Niue
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Australia and Oceania, split by region and country
• Trade (exports and imports) in Australia and Oceania
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Australia
• Cook Islands
• Fiji
• French Polynesia
• Kiribati
• Marshall Islands
• Micronesia (Federated States of)
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands
• American Samoa
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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