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

Earlier Report Observations

Production of non-rendered pig fat in Polynesia experienced fluctuations between 2018 and 2023, influenced by a long-standing regulated framework for the local pork industry. This system, featuring controlled prices and import quotas, aimed to protect domestic output. In 2021, the implementation of a sector rescue plan under the Agricultural Master Plan 2021–2030, which included farm upgrades, coincided with a temporary production adjustment.

Rising production costs became a significant pressure point, leading to a 15% increase in pork prices in May 2022 following farmer demands. Concurrently, the sector faced animal health challenges and higher feed costs, contributing to a gradual decline in domestic output. By 2023, to address insufficient local supply and growing consumption, authorities opened specific import quotas for pork and piglets, marking a shift towards relying more on imports to maintain market volume.

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

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

Polynesia's production of non-rendered pig fat free of lean meat increased after two consecutive years of decline. In 2020, the region produced 363.1 tonnes, marking a modest 7.1% improvement over the previous year. However, looking at the broader period from 2017 to 2020, overall production decreased by 5.5%, with a compound annual growth rate of -1.9%. The lowest production level was recorded in 2019 at 339.2 tonnes, which also saw the largest decline of 7.1% during this timeframe.

Annual dynamics of production in Polynesia in kind, 2017-2020, t

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

Exports in kind, kg

The export data shows irregular fluctuations, pointing to a volatile market environment. In 2018, Polynesia's exports of non-rendered pig fat free of lean meat hit their lowest point at 206 kilograms, with a significant decline of 78.5%. By contrast, exports surged to 1 523 kilograms in 2019, representing a dramatic increase of 638.2% from the previous year and reaching the highest level during this period. The peak-to-trough ratio between 2019 and 2018 was 7.4 times.

Annual dynamics of product's exports from Polynesia in kind, 2017-2020, kg

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

Exports in value, $ US

Export values exhibited considerable volatility, reflecting an unstable market. In 2018, exports dropped to their lowest point at 224 US dollars, declining by 79.1%. The following year, in 2019, exports rebounded sharply to 2 114 US dollars, a substantial gain of 842.5% compared to 2018 and marking the peak value. The multiple change from the 2019 peak to the 2018 trough was 9.4 times.

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

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

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

Imports in kind, kg

After two years of growth, Polynesia's imports of non-rendered pig fat free of lean meat declined. In 2020, imports amounted to 4 768 kilograms, showing a sharp decrease of 63.4% from the prior year. Over the 2017-2020 period, imports fell by 37.3%, with a compound annual growth rate of -14.4%. The highest import volume was recorded in 2019 at 13 011 kilograms, which also experienced the largest increase of 67.2%.

Annual dynamics of product's imports to Polynesia in kind, 2017-2020, kg

From 2017 to 2020, the primary sources for Polynesia's imports of non-rendered pig fat free of lean meat in kind were Spain, accounting for 50.9% of imports, France with 26.4%, and the United States at 20.2%. Together, these three countries represented 97.5% of total import flows.

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

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

Imports in value, $ US

In 2020, Polynesia's imports of non-rendered pig fat free of lean meat in value terms stood at 26 132 US dollars, down by 38.8% compared to 2019. Over the 2017-2020 period, imports decreased by 34.2%, with a compound annual growth rate of -13.0%. The peak import value was recorded in 2019 at 42 708 US dollars, which saw the largest increase of 38.2%.

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

Between 2017 and 2020, Spain and France dominated Polynesia's import market in value terms, collectively capturing 81.5% of total imports. The remaining flows were distributed across various other markets.

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

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