Market research

Beef, sheep or goat fat market in Papua New Guinea

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The market for beef, sheep, and goat fats in Papua New Guinea contracted significantly between 2018 and 2023, with total volume falling from 142 tons to 91 tons. This drop was largely due to a steep decline in import volumes, which fell sharply in 2019 and remained volatile, alongside a gradual reduction in domestic production over the period.

Market volumes stabilized between 2020 and 2022 near 110-120 tons, but a further import reduction and the first recorded exports of 6.5 tons in 2023 drove the market to its lowest level. The emergence of exports introduced a new dynamic, though on a limited scale.

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 Papua New Guinea
  1. 5.1.1. Annual dynamics of production in Papua New Guinea in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Papua New Guinea 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, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Papua New Guinea in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Papua New Guinea 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, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Papua New Guinea in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Papua New Guinea 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 Papua New Guinea, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Papua New Guinea 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, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Papua New Guinea in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Papua New Guinea 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, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Papua New Guinea in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Papua New Guinea 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 Papua New Guinea, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Papua New Guinea by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, kg
    1. 7.1.2.1. Annual dynamics of product's exports from Papua New Guinea in kind, 2018-2024, kg
    2. 7.1.2.2. Dynamics of product's exports in kind from Papua New Guinea by countries, 2018-2024, kg
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Papua New Guinea in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Papua New Guinea by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Papua New Guinea, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Papua New Guinea by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, kg
    1. 7.2.2.1. Annual dynamics of product's exports from Papua New Guinea in kind, 2018-2024, kg
    2. 7.2.2.2. Dynamics of product's exports in kind from Papua New Guinea by countries, 2018-2024, kg
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Papua New Guinea in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Papua New Guinea by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Papua New Guinea, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Papua New Guinea by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, kg
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production beef, sheep or goat fat in Papua New Guinea

In kind, 2017-2020, t

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

Papua New Guinea's production of beef, sheep, or goat fat has declined for the second year in a row. In 2020, the country produced 98.4 tonnes, which is 1.5% lower than the previous year. Looking at the period from 2017 to 2020, overall production fell by 3.1%, averaging an annual decrease of 1.1%. The highest production level was recorded in 2018 at 101.9 tonnes. The most significant drop occurred in 2019, with a 2.0% decline, while the largest increase was seen in 2018, at 0.4%.

Annual dynamics of production in Papua New Guinea in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.4%	(2.0%)	(1.5%)	(1.1%)

Source: SHEV.io

Exports beef, sheep or goat fat from Papua New Guinea

Sector analysis reveals that Papua New Guinea did not export any beef, sheep, or goat fat from 2017 to 2020.

Imports beef, sheep or goat fat to Papua New Guinea

Imports in kind, kg

The market for imports showed notable fluctuations during this period. In 2019, imports hit their lowest point at 6 802 kg, while they peaked in 2018 at 39 960 kg, representing a 5.9-fold difference between these years. In 2020, imports totaled 10 769 kg, marking a 58.3% increase compared to the previous year. The largest decline was recorded in 2019 at 83.0%, and the biggest increase occurred in 2018 at 72.3%.

Annual dynamics of product's imports to Papua New Guinea in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	72.3%	(83.0%)	58.3%	(22.6%)

Source: SHEV.io

From 2017 to 2020, Australia and New Zealand were the two primary sources for imports in kind, together accounting for 100.0% of total flows.

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

Source: SHEV.io

World map of product's imports to Papua New Guinea in kind, 2017-2020

Source: SHEV.io

Imports in value, $ US

The market displayed an unstable trend over the timeframe. The lowest value was recorded in 2019 at 2 404 US dollars, while the highest occurred in 2018 at 33 772 US dollars, with a peak-to-trough ratio of 14 times. In 2020, imports amounted to 8 987 US dollars, which is 273.8% higher than the previous year. The largest decline was in 2019 at 92.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	50.0%	(92.9%)	273.8%	(26.4%)

Source: SHEV.io

Between 2017 and 2020, Australia and New Zealand dominated the market for imports in value terms of beef, sheep, or goat fat to Papua New Guinea, together making up 100.0% of total flows.

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

Source: SHEV.io

World map of product's imports to Papua New Guinea in value, 2017-2020

Source: SHEV.io