Earlier Report Observations
The market for chicken meat and offal in Micronesia grew substantially from 3 711 tons in 2018 to a peak of 4 452 tons in 2021, an increase of 20% over four years. This expansion was entirely driven by rising imports, which climbed from 3 551 tons to 4 291 tons over the same period, while domestic production remained steady at around 160 tons annually.
After 2021, the market entered a contraction phase, declining by 12% to 3 926 tons in 2023. Imports fell correspondingly, indicating that changes in external supply were the primary driver of market volume fluctuations throughout the period, with no exports recorded.
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 Micronesia
- 5.1.1. Annual dynamics of production in Micronesia in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Micronesia 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, t
- 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, t
- 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 Micronesia
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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, t
- 6.1.2.1. Annual dynamics of product's imports to Micronesia in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Micronesia by countries, 2018-2024, t
- 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, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Micronesia in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Micronesia by countries, 2018-2024, K $ 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/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Micronesia, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Micronesia by countries, 2018-2024, $ US/t
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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, t
- 6.2.2.1. Annual dynamics of product's imports to Micronesia in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Micronesia by countries, 2018-2024, t
- 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, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Micronesia in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Micronesia by countries, 2018-2024, K $ 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/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Micronesia, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Micronesia by countries, 2018-2024, $ US/t
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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, t
- 7.1.2. In value, K $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, t
- 7.2.2. In value, K $ 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 chicken meat and offal in Micronesia
In kind, 2017-2020, t
Top producers of chicken meat and offal, 2017-2020
World map of production of chicken meat and offal, 2017-2020
Chicken meat and offal production in Micronesia increased for the second consecutive year. In 2020, production reached 160.4 tonnes, remaining relatively stable compared to 2019. The lowest production level was recorded in 2018 at 159.5 tonnes. The largest decline occurred in 2018 with a 0.2% decrease, while the largest increase was in 2019 with a 0.3% rise.
Annual dynamics of production in Micronesia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (0.2%) | 0.3% | 0.2% | 0.1% |
Exports chicken meat and offal from Micronesia
Based on market data, there were no exports of chicken meat and offal from Micronesia between 2017 and 2020.
Imports chicken meat and offal to Micronesia
Imports in kind, t
Chicken meat and offal imports to Micronesia increased for the second consecutive year. In 2020, imports reached 4 066 tonnes, showing a modest year-on-year rise of 3.0%. Between 2017 and 2020, imports grew by 7.6%, equivalent to an annualized rate of 2.5%. The lowest import volume was recorded in 2018 at 3 551 tonnes. The largest decline occurred in 2018 with a 6.0% decrease, while the largest increase was in 2019 with an 11.1% rise.
Annual dynamics of product's imports to Micronesia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (6.0%) | 11.1% | 3.0% | 2.5% |
From 2017 to 2020, the import market structure was highly concentrated, with the United States accounting for 98.9% of total imports by volume.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Micronesia in kind, 2017-2020
Imports in value, K $ US
In 2020, the value of chicken meat and offal imports to Micronesia was recorded at 4 233 thousand US dollars, declining by 7.0% compared to the previous year. Over the period from 2017 to 2020, imports decreased by 7.4%, with a compound annual growth rate of 2.5%. The lowest import value was recorded in 2018 at 4 229 thousand US dollars. The largest decline occurred in 2018 with a 7.5% decrease, while the largest increase was in 2019 with a 7.7% rise.
Annual dynamics of product's imports to Micronesia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (7.5%) | 7.7% | (7.0%) | (2.5%) |
Between 2017 and 2020, the United States dominated nearly all imports by value, holding a 98.8% share of total chicken meat and offal flows to Micronesia.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Micronesia in value, 2017-2020
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