Non-rendered pig fat free of lean meat market in Oceania

Earlier Report Observations

The market for non-rendered pig fat free of lean meat in Oceania remained relatively stable from 2018 to 2023, with total volume oscillating between 28 156 t and 29 687 t. Domestic production saw a gradual increase from 26 216 t to 27 942 t over the six-year period, while import volumes generally declined after a peak in 2019.

Year-to-year changes were modest, often below 2%, reflecting market stabilization. After a slight dip in 2019, consumption recovered in 2020 and grew steadily through 2021. A minor contraction in 2022 was followed by renewed growth in 2023, when market volume reached its highest point at 29 687 t.

In 2024, broader meat industry trends emerged, including a strong finish for New Zealand red meat exports with a 17% value increase in December, aided by the NZ-UK Free Trade Agreement. Simultaneously, consumer preferences continued shifting toward leaner cuts and plant-based meat alternatives, factors that shape the overall environment for animal fat products.

Production non-rendered pig fat free of lean meat in Oceania

In kind, 2017-2020, K 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 Oceania, production of non-rendered pig fat free of lean meat reached 26.0 K t in 2020, marking a 3.8% increase from the previous year. Looking at the period from 2017 to 2020, production grew by 3.7%, which translates to an average annual growth rate of 1.2%. The lowest production level was recorded in 2019 at 25.1 K t, while the highest was in 2018 at 26.2 K t. The most significant decline occurred in 2019 with a drop of 4.4%, whereas the largest increase was seen in 2018 with a rise of 4.5%.

Annual dynamics of production in Oceania in kind, 2017-2020, K t

Exports non-rendered pig fat free of lean meat from Oceania

Exports in kind, t

The market for exports in kind showed noticeable fluctuations during this period. Exports hit their lowest point in 2019 at 2 t and peaked in 2020 at 42 t, representing a dramatic 27-fold variation. In 2020, deliveries of non-rendered pig fat free of lean meat from Oceania totaled 42 t, reflecting a substantial gain of 2 567.4% compared to 2019. The largest decline was recorded in 2019, with a drop of 93.0%.

Annual dynamics of product's exports from Oceania in kind, 2017-2020, t

From 2017 to 2020, the Philippines and Singapore consistently dominated exports in kind of non-rendered pig fat free of lean meat from Oceania, accounting for 39.5% of total flows.

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

World map of product's exports from Oceania in kind, 2017-2020

Exports in value, K $ US

Export values exhibited an unstable trend throughout the timeframe. The lowest point was in 2019 at 14 K $ US, while the peak occurred in 2020 at 43 K $ US, showing a 3-fold variation. In 2020, exports of non-rendered pig fat free of lean meat from Oceania amounted to 43 K $ US, reflecting a steep increase of 199.4% compared to 2019. The largest decline was recorded in 2019, with a decrease of 59.6%.

Annual dynamics of product's exports from Oceania in value, 2017-2020, K $ US

During 2017–2020, Singapore and the Philippines played the leading roles in exports in value terms of non-rendered pig fat free of lean meat from Oceania, jointly accounting for 39.6% of total flows.

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

World map of product's exports from Oceania in value, 2017-2020

Imports non-rendered pig fat free of lean meat to Oceania

Imports in kind, t

In 2020, foreign supplies of non-rendered pig fat free of lean meat to Oceania amounted to 2 621 t, representing a strong loss of 15.1% compared to the previous year. The minimum value was recorded in 2018 at 2 504 t, while the maximum was in 2019 at 3 088 t. The largest increase occurred in 2019, with a rise of 23.3%.

Annual dynamics of product's imports to Oceania in kind, 2017-2020, t

Throughout 2017–2020, the Netherlands, Canada, and Denmark were the key players in imports in kind of non-rendered pig fat free of lean meat to Oceania. The Netherlands accounted for 45.2% of imports, Canada for 22.2%, and Denmark for 9.4%, together making up 76.9% of total flows.

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

World map of product's imports to Oceania in kind, 2017-2020

Imports in value, K $ US

The volume of non-rendered pig fat free of lean meat imports to Oceania increased for the second consecutive year. In 2020, Oceania imported a total of 3 956 K $ US, up by 4.6% from the previous year. Over the period 2017-2020, imports grew by 55.2%, with a compound annual growth rate of 15.8%. The minimum value was recorded in 2018 at 2 409 K $ US, with the largest decline that year at 5.5%. The largest increase occurred in 2019, with a jump of 56.9%.

Annual dynamics of product's imports to Oceania in value, 2017-2020, K $ US

From 2017 to 2020, the Netherlands, Canada, and Denmark consistently remained the main destinations for imports in value terms. The Netherlands accounted for 46.9% of imports, Canada for 19.3%, and Denmark for 7.9%, together representing 74.0% of total flows.

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

World map of product's imports to Oceania in value, 2017-2020