Earlier Report Observations
The market for beef, sheep or goat fat in Vanuatu displayed considerable volatility between 2018 and 2023. The market volume began at 132.4 tons in 2018 and increased to 137.5 tons the following year.
A pronounced contraction to 122.2 tons occurred in 2020, followed by a robust expansion to a peak of 149.2 tons in 2021. The market then corrected to 132.1 tons in 2022 before settling at 140.8 tons in 2023, indicating a period of adjustment after the earlier surge.
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 Vanuatu
- 5.1.1. Annual dynamics of production in Vanuatu in kind, 2018-2023, kg
- 5.1.2. Annual dynamics of production in Vanuatu 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 Vanuatu
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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 Vanuatu in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Vanuatu 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 Vanuatu in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Vanuatu 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 Vanuatu, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Vanuatu 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 Vanuatu in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Vanuatu 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 Vanuatu in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Vanuatu 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 Vanuatu, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Vanuatu 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 Vanuatu
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
In 2020, Vanuatu produced 122,090 kg of beef, sheep, or goat fat, marking a 10.6% year-over-year decrease. From 2017 to 2020, production fell by 24.9%, which translates to an annualized decline of 9.1%. The most significant drop occurred in 2018, with an 18.6% reduction, while 2019 saw a modest increase of 3.1%.
Annual dynamics of production in Vanuatu in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (18.6%) | 3.1% | (10.6%) | (9.1%) |
Exports beef, sheep or goat fat from Vanuatu
Marketing research indicates that Vanuatu did not export any beef, sheep, or goat fat between 2017 and 2020.
Imports beef, sheep or goat fat to Vanuatu
Imports in kind, kg
The data shows irregular fluctuations, reflecting a volatile market environment. Imports bottomed in 2018 and peaked in 2019, with a 69-fold difference between these years. In 2020, Vanuatu's imports of beef, sheep, or goat fat amounted to 132.0 kg, representing a sharp year-over-year decline of 86.3%. The highest volume was recorded in 2019 at 961.0 kg, which also saw the largest increase of 6,764.3%.
Annual dynamics of product's imports to Vanuatu in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 6 764.3% | (86.3%) | - |
From 2017 to 2020, New Zealand was the nearly exclusive supplier of beef, sheep, or goat fat to Vanuatu, accounting for 100.0% of total imports in kind.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Vanuatu in kind, 2017-2020
Imports in value, $ US
The market displayed an unstable trend over this period. Imports reached their lowest point in 2018 and hit their maximum in 2019, with a 14.2-fold swing between these years. In 2020, Vanuatu imported a total of 418 US dollars worth of beef, sheep, or goat fat, down by 82.2% compared to 2019. The peak value was recorded in 2019 at 2,344 US dollars, which also experienced the largest increase of 1,315.3%.
Annual dynamics of product's imports to Vanuatu in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 1 315.3% | (82.2%) | - |
Throughout 2017–2020, New Zealand remained the almost exclusive supplier of beef, sheep, or goat fat to Vanuatu, holding a 100.0% share of total imports in value terms.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Vanuatu in value, 2017-2020
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