Market research

Beef, sheep or goat fat market in Micronesia

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"Micronesia" region includes following countries:

Kiribati

Guam

Nauru

Northern Mariana Islands

United States Minor Outlying Islands

Micronesia

Marshall Islands

Palau

Earlier Report Observations

Production of beef, sheep or goat fat in Micronesia showed relative stability between 2018 and 2023, beginning at 10,160 kg. After a modest dip to 9,870 kg in 2020, output recovered and climbed to 10,330 kg by the end of the period, indicating a gradual upward trend in the latter years.

The overall market size, which includes domestic production and trade, followed a similar pattern, reaching 10,507 kg in 2018 with the contribution of imports. Following this, the market size aligned directly with production volumes, reflecting the cessation of imports after 2018.

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, 2018-2021
    3. 4.1.1.3. Exports, 2018-2021
    4. 4.1.1.4. Market size, 2018-2021
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, kg
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 Kiribati in kind, 2018-2021, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Kiribati by countries, 2018-2021, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2021
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Kiribati in value, 2018-2021, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Kiribati by countries, 2018-2021, $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2021
  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 Kiribati, 2018-2021, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Kiribati by countries, 2018-2021, $ US/kg
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 Kiribati in kind, 2018-2021, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Kiribati by countries, 2018-2021, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2021
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Kiribati in value, 2018-2021, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Kiribati by countries, 2018-2021, $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2021
  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 Kiribati, 2018-2021, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Kiribati by countries, 2018-2021, $ US/kg
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, 2018-2021
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 Micronesia

In kind, 2016-2019, kg

Top producers of beef, sheep or goat fat, 2016-2019

Source: SHEV.io

World map of production of beef, sheep or goat fat, 2016-2019

Source: SHEV.io

Beef, sheep, and goat fat production in Micronesia declined for the second year in a row. In 2019, production reached 9 960 kg, marking a 2.0% decrease from the previous year. The highest production level was recorded in 2017 at 10 260 kg, which also saw the largest annual increase of 3.6%.

Annual dynamics of production in Micronesia in kind, 2016-2019, kg

Parameter		2017	2018	2019	CAGR
1	Change from last year	3.6%	(1.0%)	(2.0%)	0.2%

Source: SHEV.io

Exports beef, sheep or goat fat from Micronesia

According to the sector overview, there were no exports of beef, sheep, or goat fat from Micronesia between 2016 and 2019.

Imports beef, sheep or goat fat to Micronesia

Imports in kind, kg

In 2018, Micronesia imported 347.0 kg of beef, sheep, and goat fat, representing a sharp increase of 3 370.0% compared to the previous year.

Annual dynamics of product's imports to Micronesia in kind, 2016-2019, kg

Parameter		2017	2018	2019	CAGR
1	Change from last year	n/a	3 370.0%	n/a	-

Source: SHEV.io

From 2016 to 2019, New Zealand dominated imports of beef, sheep, and goat fat to Micronesia, accounting for 97.2% of total volume.

Structure of product's imports in kind by countries, 2016-2019

Source: SHEV.io

World map of product's imports to Micronesia in kind, 2016-2019

Source: SHEV.io

Imports in value, $ US

In 2018, the value of beef, sheep, and goat fat imports to Micronesia totaled 11 245 US dollars, a dramatic rise of 58 561.6% from the year before.

Annual dynamics of product's imports to Micronesia in value, 2016-2019, $ US

Parameter		2017	2018	2019	CAGR
1	Change from last year	n/a	58 561.6%	n/a	-

Source: SHEV.io

Between 2016 and 2019, imports by value were overwhelmingly concentrated on New Zealand, which made up 99.8% of the total.

Structure of product's imports in value by countries, 2016-2019

Source: SHEV.io

World map of product's imports to Micronesia in value, 2016-2019

Source: SHEV.io

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