Australia and Oceania: Sheep, Goat, Cow Fat Market Overview 2020

Sheep, Goat, Cow Fat Market Size in Australia and Oceania

The revenue of the sheep, goat, cow fat market in Australia and Oceania amounted to $X in 2017, going up by X% against the previous year. The sheep, goat, cow fat consumption continues to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2016, when market value increased by X% y-o-y. The level of sheep, goat, cow fat consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Sheep, Goat, Cow Fat Production in Australia and Oceania

The sheep, goat, cow fat production totaled X tonnes in 2017, approximately reflecting the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008, when the output figure increased by X% year-to-year. Over the period under review, the sheep, goat, cow fat production attained its maximum volume in 2017, and is likely to see steady growth in the near future.

Sheep, Goat, Cow Fat Exports in Australia and Oceania

The exports stood at X tonnes in 2017, dropping by -X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2013, when it surged by X% y-o-y. The volume of exports peaked of X tonnes in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, sheep, goat, cow fat exports stood at $X in 2017. The sheep, goat, cow fat exports continue to indicate an abrupt downturn. Over the period under review, the sheep, goat, cow fat exports attained its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Sheep, Goat, Cow Fat Exports by Country in Australia and Oceania

In 2017, Australia (X tonnes) was the key exporter for fats of bovine animals, sheep or goats, making up X% of total exports. It was distantly followed by New Zealand (X tonnes), comprising X% share of total exports.

Australia was also the fastest growing in terms of the fats of bovine animals, sheep or goats exports, with a CAGR of +X% from 2007 to 2017. New Zealand (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of New Zealand increased by X% percentage points, while Australia (-X%) saw their share reduced.

In value terms, Australia ($X) remains the largest sheep, goat, cow fat supplier in Australia and Oceania, making up X% of global exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global exports.

In Australia, sheep, goat, cow fat exports decreased by an average annual rate of -X% over the period from 2007-2017.

Sheep, Goat, Cow Fat Export Prices by Country in Australia and Oceania

The sheep, goat, cow fat export price in Australia and Oceania stood at $X per tonne in 2017, growing by X% against the previous year. The sheep, goat, cow fat export price continues to indicate a drastic shrinkage. The growth pace was the most rapid in 2016, an increase of X% against the previous year. Over the period under review, the export prices for fats of bovine animals, sheep or goats reached its maximum level of $X per tonne in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in New Zealand ($X per tonne) and Australia ($X per tonne), while Australia ($X per tonne) and New Zealand ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by New Zealand (-X% per year).

Sheep, Goat, Cow Fat Imports in Australia and Oceania

The imports amounted to X tonnes in 2017, remaining constant against the previous year. The sheep, goat, cow fat imports continue to indicate a mild drop. The pace of growth was the most pronounced in 2014, with an increase of X% y-o-y. The volume of imports peaked of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, sheep, goat, cow fat imports totaled $X in 2017. The sheep, goat, cow fat imports continue to indicate an abrupt curtailment. Over the period under review, the sheep, goat, cow fat imports reached its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Sheep, Goat, Cow Fat Imports by Country in Australia and Oceania

New Zealand was the largest importer of fats of bovine animals, sheep or goats in Australia and Oceania, with the volume of imports reaching X tonnes, which was approx. X% of total imports in 2017. It was distantly followed by Fiji (X tonnes) and Australia (X tonnes), together comprising X% share of total imports. New Caledonia (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Australia (+X% per year), while the other leaders experienced mixed trends in the imports figures.

In value terms, New Zealand ($X) constitutes the largest market for imported fats of bovine animals, sheep or goats in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by Fiji ($X), with a X% share of global imports. It was followed by Australia, with a X% share.

In New Zealand, sheep, goat, cow fat imports remained relatively stable over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Fiji (-X% per year) and Australia (+X% per year).

Sheep, Goat, Cow Fat Import Prices by Country in Australia and Oceania

In 2017, the sheep, goat, cow fat import price in Australia and Oceania amounted to $X per tonne, flattening at the previous year. The sheep, goat, cow fat import price continues to indicate a significant drop. The most prominent rate of growth was recorded in 2016, an increase of X% y-o-y. The level of import price peaked of $X per tonne in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was New Zealand ($X per tonne), while New Caledonia ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by New Caledonia (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform