Earlier Report Observations
From 2018 to 2023, the pig offal market volume in Macao exhibited significant volatility. Consumption plummeted to 759 t in 2019 from 1 390 t the previous year, then recovered strongly over the next two years, reaching a peak of 1 560 t in 2021.
After dipping to 1 314 t in 2022, the market surged again in 2023 to 1 831 t, the highest level in the observed period. Domestic production stabilized at 367 t from 2019 onwards, following an initial output of 421 t in 2018.
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 pig offal in Macao
In kind, 2017-2020, t
Top producers of pig offal, 2017-2020
World map of production of pig offal, 2017-2020
In 2020, Macao produced 367.0 tonnes of pig offal, which remained virtually unchanged from the 2019 level. Over the period from 2017 to 2020, production decreased by 19.2%, with a compound annual growth rate of -6.9%. The lowest production was recorded in 2019 at 367.0 tonnes, marking the largest decline of 12.8% that year.
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 pig offal from Macao
Market research indicates that Macao did not export any pig offal from 2017 to 2020.
Imports pig offal to Macao
Imports in kind, t
The market exhibited volatility during the observed period. Macao imported approximately 854.6 tonnes of pig offal in 2020, representing a 118.1% year-on-year increase. The minimum import volume was recorded in 2019 at 391.8 tonnes, while the maximum was in 2018 at 969.3 tonnes. From the low in 2019 to the high in 2018, import volumes varied by 2.5 times, with the largest decline of 59.6% occurring in 2019.
Annual dynamics of product's imports to Macao in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.6% | (59.6%) | 118.1% | (3.3%) |
From 2017 to 2020, the main sources for pig offal imports to Macao in volume terms were Brazil (38.4% of imports), New Zealand (23.7% of imports), and Argentina (19.7% of imports). Together, these three countries accounted for 81.7% of total import flows.
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
After two years of growth, the value of pig offal imports to Macao declined. In 2020, imports reached 2 478 thousand US dollars, which is 12.2% lower than in 2019. Between 2017 and 2020, imports increased by 6.3%, equating to an annualized growth rate of 2.1%. The highest value was recorded in 2019 at 2 823 thousand US dollars, with the largest increase of 16.5% occurring that year.
Annual dynamics of product's imports to Macao in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.9% | 16.5% | (12.2%) | 2.1% |
From 2017 to 2020, the leading markets for pig offal imports to Macao in value terms were Brazil (34.5% of imports), Argentina (26.5% of imports), and New Zealand (15.0% of imports). Collectively, these three countries represented 76.0% of total import flows.
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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