Earlier Report Observations
The market for pig fat in New Caledonia experienced a significant contraction from 176 577 kg in 2018 to 126 595 kg in 2021, primarily due to a steep decline in imports, which fell by nearly 60% over that period. Domestic production remained relatively stable, fluctuating between 89 000 kg and 96 000 kg. A recovery began in 2022, with market volume reaching 171 609 kg in 2023, driven by a strong rebound in imports to 82 779 kg.
Several structural factors defined the market landscape by 2024. Health authorities actively discourage the use of animal fats like pork fat for cooking due to cardiovascular risks, influencing consumer demand. The market supply is shaped by regulations allowing only frozen pork meat to be imported, which is primarily destined for the processing industry to obtain specific cuts. Furthermore, the government increased the price of pork meat from October 2023 to support local producers, which can affect the overall cost structure for pig fat products. Strict hygiene rules for open-air markets also mandate specific cold storage conditions for meat distribution.
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 New Caledonia
- 5.1.1. Annual dynamics of production in New Caledonia in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in New Caledonia 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 New Caledonia
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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 New Caledonia in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to New Caledonia 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, K $ US
- 6.1.3.1. Annual dynamics of product's imports to New Caledonia in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to New Caledonia 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 New Caledonia, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to New Caledonia 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, kg
- 6.2.2.1. Annual dynamics of product's imports to New Caledonia in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to New Caledonia 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, K $ US
- 6.2.3.1. Annual dynamics of product's imports to New Caledonia in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to New Caledonia 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 New Caledonia, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to New Caledonia 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, kg
- 7.1.2. In value, K $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 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 pig fat free of lean meat and poultry fat in New Caledonia
In kind, 2017-2020, kg
Top producers of pig fat free of lean meat and poultry fat, 2017-2020
World map of production of pig fat free of lean meat and poultry fat, 2017-2020
In 2019, New Caledonia produced 89 310 kg of pig fat free of lean meat and poultry fat, marking the lowest output in recent years. Production then increased by 4.6% in 2020 to reach 93 380 kg. The most significant decline occurred in 2019, when production fell by 4.0%.
Annual dynamics of production in New Caledonia in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.0% | (4.0%) | 4.6% | 0.5% |
Exports pig fat free of lean meat and poultry fat from New Caledonia
Market overview data indicates that from 2017 to 2020, New Caledonia did not export any pig fat free of lean meat and poultry fat.
Imports pig fat free of lean meat and poultry fat to New Caledonia
Imports in kind, kg
Imports of pig fat free of lean meat and poultry fat into New Caledonia declined for the second year in a row. In 2019, imports reached 78 600 kg, but dropped by 34.0% in 2020 to 51 869 kg. Over the 2017-2020 period, imports fell by 32.3%, with a compound annual growth rate of -12.2%. The highest import volume was recorded in 2018 at 83 587 kg, which represented a 9.1% increase from the previous year.
Annual dynamics of product's imports to New Caledonia in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 9.1% | (5.9%) | (34.0%) | (12.2%) |
From 2017 to 2020, Sweden and Finland were the primary sources for imports in kind, together accounting for 92.9% of total imports. Other trading partners played a much smaller role individually.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to New Caledonia in kind, 2017-2020
Imports in value, K $ US
The market showed considerable volatility during these years. In 2018, imports in value terms hit a low of 67.3 K $ US, then surged by 127.5% in 2019 to a peak of 153.0 K $ US. In 2020, imports dropped by 20.6% to 121.6 K $ US. The most significant decline occurred in 2018, with a decrease of 31.9%.
Annual dynamics of product's imports to New Caledonia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (31.9%) | 127.5% | (20.6%) | 7.2% |
Between 2017 and 2020, Sweden and France dominated the import market in value terms for pig fat free of lean meat and poultry fat to New Caledonia, while other markets contributed much less significantly.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to New Caledonia in value, 2017-2020
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