Market research

Beef, sheep or goat fat market in Macao

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market for beef, sheep, and goat fat in Macao showed notable volatility between 2018 and 2023. Total market volume started at 32 177 kg in 2018, dipped slightly over the next two years to 30 910 kg in 2020, then jumped to 36 669 kg in 2021. It reached a peak of 37 251 kg in 2022 before falling back to 34 811 kg in 2023.

Domestic production remained relatively stable, ranging from 30 910 kg to 31 370 kg annually. The fluctuations in market size were primarily driven by changes in import volumes. Imports dropped to zero in 2019 and 2020, then rebounded strongly to 5 299 kg in 2021 and 5 911 kg in 2022, before easing to 3 811 kg in 2023.

Market access for these animal fats in Macao is shaped by sanitary and phytosanitary (SPS) inspection requirements and a defined import licensing procedure, with rules last updated in January 2017. This regulatory environment provides a consistent framework for product compliance and entry.

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 Macao
  1. 5.1.1. Annual dynamics of production in Macao in kind, 2018-2023, kg
  2. 5.1.2. Annual dynamics of production in Macao 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, kg
  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, kg
  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, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Macao in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Macao by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Macao in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Macao by countries, 2018-2024, $ 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/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Macao, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Macao by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Macao in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Macao by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Macao in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Macao by countries, 2018-2024, $ 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/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Macao, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Macao by countries, 2018-2024, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, kg
  2. 7.1.2. In value, $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, kg
  2. 7.2.2. In value, $ 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, sheep or goat fat in Macao

In kind, 2017-2020, kg

Top producers of beef, sheep or goat fat, 2017-2020

Source: SHEV.io

World map of production of beef, sheep or goat fat, 2017-2020

Source: SHEV.io

Beef, sheep, and goat fat production in Macao declined for the third consecutive year. In 2020, production reached 30 910 kg, showing no significant change compared to the previous year. Between 2017 and 2020, overall production decreased by 5.1%, which translates to an average annual decline of 1.7%.

Annual dynamics of production in Macao in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	(2.4%)	(2.6%)	(0.2%)	(1.7%)

Source: SHEV.io

Exports beef, sheep or goat fat from Macao

Market analysis reveals that Macao did not export any beef, sheep, or goat fat from 2017 to 2020.

Imports beef, sheep or goat fat to Macao

Imports in kind, kg

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, Australia dominated the imports of beef, sheep, and goat fat to Macao, accounting for 94.6% of the total volume.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, $ US

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Between 2017 and 2020, Australia and the United Kingdom together represented 100.0% of the total import value for beef, sheep, and goat fat in Macao, highlighting a highly concentrated market.

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

Source: SHEV.io

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

Source: SHEV.io