Earlier Report Observations
The market for beef, sheep or goat fat in the Cook Islands experienced notable volatility from 2018 to 2023. Volume started at 410 kg in 2018, climbed to 481 kg in 2020, then fell sharply to 390 kg in 2021 before reaching a peak of 540 kg in 2022 and declining to 441 kg in 2023.
This variability was closely linked to import movements, with significant inflows of 121 kg in 2020 and 100 kg in 2022 supplementing domestic supply. Local production declined from 410 kg to 360 kg between 2018 and 2020, then recovered to 440 kg in 2022 and 2023.
The market's shifts illustrate its reliance on both local output and international supply, resulting in pronounced year-to-year changes without a stable long-term trend.
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 Cook Islands
- 5.1.1. Annual dynamics of production in Cook Islands in kind, 2018-2023, kg
- 5.1.2. Annual dynamics of production in Cook 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, kg
- 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, kg
- 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 Cook 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, kg
- 6.1.2.1. Annual dynamics of product's imports to Cook Islands in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Cook Islands by countries, 2018-2024, kg
- 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, $ US
- 6.1.3.1. Annual dynamics of product's imports to Cook Islands in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Cook Islands by countries, 2018-2024, $ 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/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Cook Islands, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Cook Islands by countries, 2018-2024, $ US/kg
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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, kg
- 6.2.2.1. Annual dynamics of product's imports to Cook Islands in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Cook Islands by countries, 2018-2024, kg
- 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, $ US
- 6.2.3.1. Annual dynamics of product's imports to Cook Islands in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Cook Islands by countries, 2018-2024, $ 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/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Cook Islands, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Cook Islands by countries, 2018-2024, $ US/kg
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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, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ 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, sheep or goat fat in Cook Islands
In kind, 2017-2020, kg
Top producers of beef, sheep or goat fat, 2017-2020
World map of production of beef, sheep or goat fat, 2017-2020
Cook Islands' production of beef, sheep, or goat fat declined for the second year in a row. In 2019, production was 390.0 kg, but by 2020 it had dropped to 360.0 kg, marking a 7.7% decrease. Over the period from 2017 to 2020, overall production fell by 10%, which translates to an average annual decline of 3.5%. The highest production level was recorded in 2018 at 410.0 kg, with that year also seeing the largest increase of 2.5%.
Annual dynamics of production in Cook Islands in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.5% | (4.9%) | (7.7%) | (3.5%) |
Exports beef, sheep or goat fat from Cook Islands
According to market assessments, there were no exports of beef, sheep, or goat fat from Cook Islands between 2017 and 2020.
Imports beef, sheep or goat fat to Cook Islands
Imports in kind, kg
In 2019, imports of beef, sheep, or goat fat to Cook Islands were 31.0 kg. By 2020, this surged to 121.0 kg, representing a sharp increase of 290.3%.
Annual dynamics of product's imports to Cook Islands in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | 290.3% | - |
From 2017 to 2020, New Zealand was the sole supplier of beef, sheep, or goat fat to Cook Islands, accounting for 100.0% of total imports in volume.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Cook Islands in kind, 2017-2020
Imports in value, $ US
In 2019, the value of beef, sheep, or goat fat imports to Cook Islands was 104.2 US dollars. This rose significantly to 470.2 US dollars in 2020, an increase of 351.1%.
Annual dynamics of product's imports to Cook Islands in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | 351.1% | - |
During 2017–2020, New Zealand was the almost exclusive supplier of beef, sheep, or goat fat to Cook Islands, capturing 100.0% of total import value.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Cook Islands in value, 2017-2020
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