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Australia and Oceania - Pig Fat - Market Analysis, Forecast, Size, Trends and Insights
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Australia and Oceania: Pig Fat Market Overview 2020

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Pig Fat Market Size in Australia and Oceania

The revenue of the pig fat market in Australia and Oceania amounted to $X in 2018, waning by -X% against the previous year. Overall, pig fat consumption continues to indicate a slight descent. The pace of growth appeared the most rapid in 2011 when the market value increased by X% y-o-y. The level of pig fat consumption peaked at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Pig Fat Production in Australia and Oceania

In value terms, pig fat production totaled $X in 2018 estimated in export prices. The total output indicated a buoyant increase from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pig fat production increased by +X% against 2009 indices. The pace of growth appeared the most rapid in 2017 when production volume increased by X% y-o-y. The level of pig fat production peaked in 2018 and is likely to see steady growth in the near future.

Production By Country in Australia and Oceania

Australia (X tonnes) remains the largest pig fat producing country in Australia and Oceania, comprising approx. X% of total production. Moreover, pig fat production in Australia exceeded the figures recorded by the region's second-largest producer, Papua New Guinea (X tonnes), fourfold. The third position in this ranking was occupied by New Zealand (X tonnes), with a X% share.

In Australia, pig fat production shrank by an average annual rate of -X% over the period from 2007-2018. The remaining producing countries recorded the following average annual rates of production growth: Papua New Guinea (-X% per year) and New Zealand (-X% per year).

Pig Fat Exports

Exports in Australia and Oceania

The exports stood at X tonnes in 2018, jumping by X% against the previous year. Overall, pig fat exports, however, continue to indicate a temperate descent. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. In that year, pig fat exports reached their peak of X tonnes. From 2009 to 2018, the growth of pig fat exports failed to regain its momentum.

In value terms, pig fat exports amounted to $X in 2018. Over the period under review, pig fat exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when exports increased by X% against the previous year. In that year, pig fat exports reached their peak of $X. From 2009 to 2018, the growth of pig fat exports remained at a somewhat lower figure.

Exports by Country

In 2018, Australia (X tonnes) represented the largest exporter of pig fat, making up X% of total exports. It was distantly followed by New Zealand (X kg), achieving an X% share of total exports.

Australia was also the fastest-growing in terms of the pig fat exports, with a CAGR of +X% from 2007 to 2018. New Zealand (-X%) illustrated a downward trend over the same period. While the share of Australia (+X p.p.) increased significantly in terms of the total exports from 2007-2018, the share of New Zealand (-X p.p.) displayed negative dynamics.

In value terms, Australia ($X) and New Zealand ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports.

Australia experienced the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years.

Export Prices by Country

In 2018, the pig fat export price in Australia and Oceania amounted to $X per tonne, falling by -X% against the previous year. Overall, the pig fat export price, however, continues to indicate a measured expansion. The most prominent rate of growth was recorded in 2015 an increase of X% year-to-year. Over the period under review, the export prices for pig fat reached their maximum at $X per tonne in 2017, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was New Zealand ($X per tonne), while Australia totaled $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by New Zealand.

Pig Fat Imports

Imports in Australia and Oceania

In 2018, the amount of pig fat imported in Australia and Oceania stood at X tonnes, growing by X% against the previous year. In general, pig fat imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, pig fat imports attained their maximum in 2018 and are likely to continue its growth in the near future.

In value terms, pig fat imports stood at $X in 2018. In general, pig fat imports continue to indicate a deep deduction. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, pig fat imports attained their peak figure at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

Papua New Guinea (X tonnes) and Australia (X tonnes) dominates pig fat imports structure, together generating X% of total imports. It was distantly followed by New Zealand (X tonnes), comprising a X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Papua New Guinea, while the other leaders experienced more modest paces of growth.

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

In Australia, pig fat imports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: New Zealand (+X% per year) and Papua New Guinea (-X% per year).

Import Prices by Country

The pig fat import price in Australia and Oceania stood at $X per tonne in 2018, shrinking by -X% against the previous year. Overall, the pig fat import price continues to indicate a drastic contraction. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. Over the period under review, the import prices for pig fat reached their peak figure at $X per tonne in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was New Zealand ($X per tonne), while Papua New Guinea ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Australia, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pig fat in Australia and Oceania?
+
Australia (79K tonnes) constituted the country with the largest volume of pig fat consumption, accounting for 81% of total volume. Moreover, pig fat consumption in Australia exceeded the figures recorded by the second-largest consumer, Papua New Guinea (11K tonnes), sevenfold.
What are the largest producers of pig fat in Australia and Oceania?
+
The country with the largest volume of pig fat production was Australia (78K tonnes), comprising approx. 81% of total volume. Moreover, pig fat production in Australia exceeded the figures recorded by the second-largest producer, Papua New Guinea (11K tonnes), sevenfold.
What are the leading exporters of pig fat in Australia and Oceania?
+
In value terms, Australia ($512K) remains the largest pig fat supplier in Australia and Oceania.
What are the leading importers of pig fat in Australia and Oceania?
+
In value terms, Australia ($2.7M) constitutes the largest market for imported pig fat in Australia and Oceania, comprising 81% of total imports. The second position in the ranking was occupied by New Zealand ($372K), with a 11% share of total imports.
What is the average export price for pig fat in Australia and Oceania?
+
In 2019, the pig fat export price in Australia and Oceania amounted to $883 per tonne, falling by -7.3% against the previous year.
What is the average import price for pig fat in Australia and Oceania?
+
In 2019, the pig fat import price in Australia and Oceania amounted to $1,180 per tonne, growing by 39% against the previous year.

Product coverage:
• Prodcom 10115040 - Pig fat free of lean meat, fresh, chilled, frozen, salted, in brine or smoked (excluding rendered)

This report provides an in-depth analysis of the pig fat 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 2030.


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 2007–2019
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 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
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, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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