Comoros: Beef Market Overview 2020

Beef Market Size in Comoros

The revenue of the beef market in Comoros amounted to $X in 2018, growing by X% against the previous year. Overall, the total market indicated prominent growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, beef consumption decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, the beef market attained its maximum level at $X in 2016; however, from 2017 to 2018, consumption failed to regain its momentum.

Beef Production in Comoros

In value terms, beef production stood at $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2008 when production volume increased by X% y-o-y. Comoros beef production peaked at $X in 2014; however, from 2015 to 2018, production failed to regain its momentum.

Beef Exports

Exports from Comoros

In 2018, the exports of beef (cattle meat) from Comoros totaled X kg, lowering by -X% against the previous year. Overall, beef exports continue to indicate a relatively flat trend pattern. Over the period under review, beef exports reached their peak figure at X kg in 2017, and then declined slightly in the following year.

In value terms, beef exports amounted to $X in 2018. Overall, beef exports continue to indicate a relatively flat trend pattern. Comoros exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

The exports of the four major exporters of beef (cattle meat), namely Brazil, India, Australia and the U.S., represented more than third of total export. It was distantly followed by the Netherlands (X tonnes), committing a X% share of total exports. New Zealand (X tonnes), Poland (X tonnes), Ireland (X tonnes), Canada (X tonnes), Argentina (X tonnes), Germany (X tonnes) and Uruguay (X tonnes) held a relatively small share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Australia ($X) and Brazil ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports. India, the Netherlands, Ireland, New Zealand, Argentina, Canada, Poland, Germany and Uruguay lagged somewhat behind, together comprising a further X recorded the highest growth rate of exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The beef export price in Comoros stood at $X per tonne in 2018, going down by -X% against the previous year. Over the period under review, the beef export price continues to indicate a relatively flat trend pattern. Comoros export price peaked 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 the U.S. ($X per tonne), while India ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Beef Imports

Imports into Comoros

In 2018, the beef imports into Comoros totaled X tonnes, rising by X% against the previous year. Over the period under review, beef imports continue to indicate remarkable growth. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Comoros imports peaked at X tonnes in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

In value terms, beef imports stood at $X in 2018. Overall, beef imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% y-o-y. Over the period under review, beef imports attained their peak figure at $X in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

Imports by Country

The U.S. (X tonnes), Viet Nam (X tonnes), China (X tonnes), Japan (X tonnes), South Korea (X tonnes), China, Hong Kong SAR (X tonnes), the Netherlands (X tonnes), Italy (X tonnes), Germany (X tonnes), Russia (X tonnes), the UK (X tonnes) and France (X tonnes) represented roughly X% of total imports of beef (cattle meat) in 2018.

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

In value terms, the largest beef importing markets into Comoros were the U.S. ($X), Japan ($X) and China ($X), with a combined X% share of total imports. South Korea, Viet Nam, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, France, Russia and Comoros lagged somewhat behind, together comprising a further X Nam recorded the highest growth rate of imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The beef import price in Comoros stood at $X per tonne in 2018, declining by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 when the import price increased by X% y-o-y. Over the period under review, the import prices for beef (cattle meat) reached their maximum at $X per tonne in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per tonne), while Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform