Earlier Report Observations
The market volume for beef and buffalo meat in Solomon Islands declined from 1 309.4 tonnes in 2018 to a low of 1 172.9 tonnes in 2022, before rebounding sharply to 1 385.9 tonnes in 2023.
This movement was primarily driven by fluctuations in import volumes, which fell from 555.7 tonnes in 2018 to 406.7 tonnes in 2022, then surged to 616.7 tonnes in 2023. Domestic production showed steady but modest growth from 753.7 tonnes to 769.2 tonnes over the same period.
The significant increase in imports during 2023 pushed the total market volume to its highest level in the observed period, exceeding the 2018 volume by over 5%.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Solomon Islands
- 5.1.1. Annual dynamics of production in Solomon Islands in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Solomon Islands in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Solomon Islands
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Solomon Islands in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Solomon Islands by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Solomon Islands in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Solomon Islands by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Solomon Islands, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Solomon Islands by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Solomon Islands in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Solomon Islands by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Solomon Islands in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Solomon Islands by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Solomon Islands, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Solomon Islands by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data*)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, t
- 7.1.2. In value, K $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, t
- 7.2.2. In value, K $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production beef and buffalo meat in Solomon Islands
In kind, 2017-2020, t
Top producers of beef and buffalo meat, 2017-2020
World map of production of beef and buffalo meat, 2017-2020
In 2020, Solomon Islands produced 755.3 tonnes of beef and buffalo meat, showing no significant change from the previous year. The largest year-over-year increase occurred in 2019, at 0.2%.
Annual dynamics of production in Solomon Islands in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.1% | 0.2% | 0.0% | 0.1% |
Exports beef and buffalo meat from Solomon Islands
Available market data indicate that Solomon Islands did not export any beef or buffalo meat from 2017 through 2020.
Imports beef and buffalo meat to Solomon Islands
Imports in kind, t
Imports of beef and buffalo meat into Solomon Islands declined for the second consecutive year. In 2020, imports totaled 440.4 tonnes, a 2.5% decrease from 2019. Over the 2017-2020 period, imports grew by 11.2%, with a compound annual growth rate of 3.6%. The largest decline was recorded in 2019, at 18.7%, while the largest increase occurred in 2018, at 40.3%. The peak import volume was in 2018, reaching 555.7 tonnes.
Annual dynamics of product's imports to Solomon Islands in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 40.3% | (18.7%) | (2.5%) | 3.6% |
From 2017 to 2020, imports of beef and buffalo meat into Solomon Islands were dominated by Australia and New Zealand, which together accounted for 91.6% of total imports. Other markets contributed only a small portion.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Solomon Islands in kind, 2017-2020
Imports in value, K $ US
In 2020, the value of beef and buffalo meat imports into Solomon Islands was 2 001 thousand US dollars, remaining nearly unchanged from 2019. Between 2017 and 2020, import value decreased by 4.6%, equivalent to an annualized decline of 1.6%. The largest decline was in 2019, at 32.0%, while the largest increase was in 2018, at 40.0%. The minimum value was recorded in 2019 at 1 997 thousand US dollars, and the maximum was in 2018 at 2 937 thousand US dollars.
Annual dynamics of product's imports to Solomon Islands in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 40.0% | (32.0%) | 0.2% | (1.6%) |
During 2017-2020, imports of beef and buffalo meat into Solomon Islands in value terms were primarily sourced from Australia and New Zealand, which together made up 86.5% of total imports. Other destinations played a minor role.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Solomon Islands in value, 2017-2020
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