Earlier Report Observations
Macao's market for non-rendered pig fat free of lean meat started in 2018 with domestic production of 412.9 t, supported by stabilized live pig supply following the African Swine Fever outbreak, which ensured consistent raw material availability. In 2019, production declined to 360.1 t as the market faced instability from both ASF and the emerging COVID-19 pandemic, driving up prices; the government responded by opening new supply routes, enabling the first imports of 36.8 t and keeping the total market volume at 396.9 t. By 2020, continued measures to diversify supply partnerships significantly boosted imports to 145.1 t, expanding the total market to 505.2 t despite flat domestic output.
Import volumes became the primary driver of market size in subsequent years. Imports rose to 184.0 t in 2021, lifting the market to 544.1 t, then fell to 130.6 t in 2022, reducing the total to 490.7 t. In 2023, imports recovered to 169.9 t, pushing the market to 530.0 t, a growth supported by the Macao Slaughterhouse's mandatory testing of imported pork for chemical residues like ractopamine to ensure food safety, alongside shifting consumer preferences toward fresh and secure products.
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 Macao
- 5.1.1. Annual dynamics of production in Macao in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Macao 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 Macao
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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 Macao in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Macao 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 Macao in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Macao 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 Macao, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Macao 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 Macao in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Macao 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 Macao in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Macao 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 Macao, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Macao 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 non-rendered pig fat free of lean meat in Macao
In kind, 2017-2020, t
Top producers of non-rendered pig fat free of lean meat, 2017-2020
World map of production of non-rendered pig fat free of lean meat, 2017-2020
In 2020, Macao produced 360.1 t of non-rendered pig fat free of lean meat, showing little change from the previous year. Over the 2017-2020 period, production fell by 19.2%, with a compound annual growth rate of -6.9%. The lowest production level was recorded in 2019 at 360.1 t, which also saw the largest annual decline of 12.8%.
Annual dynamics of production in Macao in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (7.4%) | (12.8%) | - | (6.9%) |
Exports non-rendered pig fat free of lean meat from Macao
According to market reports, Macao did not export any non-rendered pig fat free of lean meat between 2017 and 2020.
Imports non-rendered pig fat free of lean meat to Macao
Imports in kind, t
In 2020, Macao imported 145.1 t of non-rendered pig fat free of lean meat, representing a sharp increase of 294.4% compared to 2019.
Annual dynamics of product's imports to Macao in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | 294.4% | - |
From 2017 to 2020, Poland and China were the leading suppliers of non-rendered pig fat free of lean meat to Macao, together accounting for 83.2% of total imports in volume. Other sources each held relatively minor shares.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Macao in kind, 2017-2020
Imports in value, K $ US
In 2020, the value of Macao's imports of non-rendered pig fat free of lean meat reached 218.2 thousand US dollars, a surge of 419.5% from 2019.
Annual dynamics of product's imports to Macao in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | 419.5% | - |
During 2017-2020, Poland and China continued to be the primary sources for imports in value terms, jointly making up 80.2% of total imports. Other partners accounted for the remainder.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Macao in value, 2017-2020
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