Market research

Beef and buffalo meat market in Micronesia

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

Earlier Report Observations

Between 2018 and 2020, the beef and buffalo meat market volume in Micronesia remained stable, fluctuating between 318 t and 325 t. Domestic production held steady at around 240–250 t, while imports rose gradually. A sharp expansion to 371 t occurred in 2021, driven by global disruptions from the COVID-19 pandemic that affected supply chains and demand, alongside rising input costs and persistent animal disease outbreaks which tightened worldwide supply.

After the 2021 peak, the market volume eased to 351 t in 2022. This coincided with a period of increased global beef availability, following eased export restrictions in Argentina and higher shipments from Brazil. Recovery followed in 2023, with the market reaching 364 t as worldwide supply-demand imbalances persisted and key exporters like Australia and Argentina returned strongly to the international market.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Micronesia
  1. 5.1.1. Annual dynamics of production in Micronesia in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Micronesia in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Micronesia in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Micronesia by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Micronesia in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Micronesia by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Micronesia, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Micronesia by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Micronesia in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Micronesia by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Micronesia in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Micronesia by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Micronesia, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Micronesia by countries, 2018-2024, $ US/kg
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, t
  2. 7.1.2. In value, K $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, t
  2. 7.2.2. In value, K $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production beef and buffalo meat in Micronesia

In kind, 2017-2020, t

Top producers of beef and buffalo meat, 2017-2020

Source: SHEV.io

World map of production of beef and buffalo meat, 2017-2020

Source: SHEV.io

Beef and buffalo meat production in Micronesia has declined for the third year in a row. In 2020, the country produced 240.6 tons, marking a slight decrease of 1.0% compared to the previous year. Looking at the period from 2017 to 2020, production fell by 4%, which translates to an average annual decline of 1.3%.

Annual dynamics of production in Micronesia in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.0%)	(2.1%)	(1.0%)	(1.3%)

Source: SHEV.io

Exports beef and buffalo meat from Micronesia

According to market research, Micronesia did not export any beef and buffalo meat between 2017 and 2020.

Imports beef and buffalo meat to Micronesia

Imports in kind, kg

Beef and buffalo meat imports into Micronesia have risen for the second consecutive year. In 2020, the country imported approximately 84 175 kg, reflecting a 12.5% increase from 2019. Over the 2017-2020 period, imports grew by 8.7%, with a compound annual growth rate of 2.8%. The lowest import volume was recorded in 2018 at 69 732 kg, which also saw the largest decline of 9.9%.

Annual dynamics of product's imports to Micronesia in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	(9.9%)	7.3%	12.5%	2.8%

Source: SHEV.io

From 2017 to 2020, imports of beef and buffalo meat into Micronesia were almost entirely sourced from the United States, which accounted for 92.1% of total imports.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Micronesia in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Micronesia's beef and buffalo meat import value has increased for the second year in a row. In 2020, imports totaled 671.7 thousand US dollars, up by 23.7% compared to the previous year. Over the 2017-2020 period, import value rose by 19.1%, with a compound annual growth rate of 6.0%. The lowest value was recorded in 2018 at 538.5 thousand US dollars, which also experienced the largest decline of 4.5%.

Annual dynamics of product's imports to Micronesia in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(4.5%)	0.9%	23.7%	6.0%

Source: SHEV.io

Throughout 2017-2020, the United States dominated the geographical structure of beef and buffalo meat imports into Micronesia in value terms, holding a 93.2% share of total imports.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Micronesia in value, 2017-2020

Source: SHEV.io