Pig fat free of lean meat and poultry fat market in Polynesia

Earlier Report Observations

The pig fat market in Polynesia displayed considerable volatility from 2018 to 2023. Market volume initially grew from 404 tons in 2018 to 437 tons in 2019, then contracted over the next two years, falling to 378 tons in 2020 and 355 tons in 2021. A dramatic surge occurred in 2022, when the market expanded to 522 tons, followed by a sharp correction to 362 tons in 2023.

This instability was primarily linked to fluctuating import volumes. Imports spiked to 181 tons in 2022, directly contributing to the market peak that year, while domestic production remained relatively stable, ranging between 340 and 365 tons annually. Export activity was minimal throughout the period, with a notable exception of 25 tons exported in 2021.

Production pig fat free of lean meat and poultry fat in Polynesia

In kind, 2017-2020, t

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

After two consecutive years of decline, Polynesia's production of pig fat free of lean meat and poultry fat rebounded. In 2020, the region produced 363.1 tons, marking a modest 7.1% increase from the previous year. However, looking at the broader period from 2017 to 2020, overall production fell by 5.5%, which translates to an average annual decline of 1.9%. The lowest production level was recorded in 2019 at 339.2 tons, with that year also seeing the steepest drop of 7.1%.

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

Exports pig fat free of lean meat and poultry fat from Polynesia

Exports in kind, kg

The data shows irregular changes, pointing to a volatile market environment. Exports hit their lowest point in 2018 at 227 kg, then surged to a peak of 1 523 kg in 2019, representing a dramatic 571.3% increase. This swing created a 6.7-fold gap between the two years. The largest decline occurred in 2018, with a drop of 76.4%.

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, K $ US

Market performance exhibited noticeable fluctuations during this period. Exports in value terms reached their lowest in 2018 at 0.3 thousand US dollars, then climbed sharply to a peak of 2.1 thousand US dollars in 2019, a 727.0% increase. This resulted in an 8.3-fold difference between the peak and trough. The most significant decline was in 2018, falling by 76.1%.

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

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

Imports pig fat free of lean meat and poultry fat to Polynesia

Imports in kind, kg

The data reveals irregular changes, indicating a volatile market environment. Imports peaked in 2019 at 99 158 kg, then dropped sharply to 14 398 kg in 2020, a decrease of 85.5%. This swing represented a 6.9-fold amplitude from peak to trough. The largest increase was recorded in 2019, rising by 153.2%.

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

From 2017 to 2020, the United States and New Zealand dominated Polynesia's imports in kind, together accounting for 82.0% of total flows, while other countries made up the remaining share.

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, K $ US

The market showed an unstable trend throughout the timeframe. Imports in value terms reached their highest point in 2019 at 172.3 thousand US dollars, then fell to 33.4 thousand US dollars in 2020, a sharp reduction of 80.6%. This created a 5.2-fold difference between the peak and trough. The largest increase occurred in 2019, rising by 33.3%.

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

Between 2017 and 2020, the United States (38.4% of imports in value terms), New Zealand (34.1%), and Spain (16.1%) consistently held the top positions in Polynesia's import structure by value. Together, these three countries accounted for 88.6% of total import flows.

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

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