Papua New Guinea: Pork Market 2020

Pork Market Size in Papua New Guinea

The revenue of the pork market in Papua New Guinea amounted to $X in 2018, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2011 when the market value increased by X% year-to-year. Papua New Guinea pork consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Pork Production in Papua New Guinea

In value terms, pork production amounted to $X in 2018 estimated in export prices. Over the period under review, pork production continues to indicate modest growth. The most prominent rate of growth was recorded in 2011 when production volume increased by X% year-to-year. In that year, pork production reached its peak level of $X. From 2012 to 2018, pork production growth remained at a lower figure.

Pork Exports

Exports from Papua New Guinea

In 2018, approx. X kg of pork were exported from Papua New Guinea; stabilizing at the previous year. In general, pork exports continue to indicate a relatively flat trend pattern. Over the period under review, pork exports reached their peak figure at X kg in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

In value terms, pork exports totaled $X in 2018. Over the period under review, pork exports continue to indicate a relatively flat trend pattern. Papua New Guinea exports peaked at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

The countries with the highest levels of pork exports in 2018 were the U.S. (X tons), Germany (X tons), Spain (X tons), Denmark (X tons), Canada (X tons), the Netherlands (X tons), Belgium (X tons), Brazil (X tons), Poland (X tons) and France (X tons), together recording X% of total export.

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

In value terms, the largest pork markets from Papua New Guinea were the U.S. ($X), Germany ($X) and Spain ($X), with a combined X% share of total exports. Denmark, Canada, the Netherlands, Brazil, Belgium, Poland and France lagged somewhat behind, together accounting for a further X the main exporting countries, Poland experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the pork export price in Papua New Guinea amounted to $X per ton, remaining stable against the previous year. In general, the pork export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for pork reached their maximum at $X per ton in 2011; however, from 2012 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Brazil ($X per ton), while Belgium ($X per ton) was amongst the lowest.

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

Pork Imports

Imports into Papua New Guinea

In 2018, the amount of pork imported into Papua New Guinea stood at X tons, declining by -X% against the previous year. In general, pork imports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Papua New Guinea imports peaked at X tons in 2017, and then declined slightly in the following year.

In value terms, pork imports amounted to $X in 2018. Overall, pork imports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Papua New Guinea imports peaked at $X in 2012; however, from 2013 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, China (X tons), Japan (X tons), Italy (X tons), Germany (X tons), Mexico (X tons) and Poland (X tons) were the key importers of pork in the world, mixing up X% of total import. South Korea (X tons), the UK (X tons), the U.S. (X tons), China, Hong Kong SAR (X tons), Russia (X tons) and France (X tons) took a little 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 China, while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported pork into Papua New Guinea, comprising X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by Italy, with a X% share.

In Japan, pork 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: China (+X% per year) and Italy (-X% per year).

Import Prices by Country

In 2018, the pork import price in Papua New Guinea amounted to $X per ton, lowering by -X% against the previous year. Over the period under review, the import price indicated a pronounced expansion from 2007 to 2018: its price increased 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, pork import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. Over the period under review, the import prices for pork attained their maximum at $X per ton in 2012; however, from 2013 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Japan ($X per ton), while Mexico ($X per ton) was amongst the lowest.

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

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Source: IndexBox Platform