Earlier Report Observations
Between 2018 and 2021, the poultry meat and offal market in Micronesia expanded steadily, with total volume rising from 4 360 t to a peak of 4 933 t. This growth was driven entirely by increasing imports, which climbed from 4 041 t to 4 611 t, while domestic production remained stable at just over 320 t annually.
The market reversed course in 2022, contracting by 9% to 4 483 t, and declined a further 2% to 4 389 t in 2023. This downturn corresponded with a reduction in import volumes, which fell to 4 066 t in 2023, whereas local production levels were unchanged.
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 Micronesia
- 5.1.1. Annual dynamics of production in Micronesia in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Micronesia 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 Micronesia
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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 Micronesia in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Micronesia 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 Micronesia in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Micronesia 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 Micronesia, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Micronesia 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 Micronesia in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Micronesia 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 Micronesia in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Micronesia 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 Micronesia, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Micronesia 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 poultry meat and offal in Micronesia
In kind, 2017-2020, t
Top producers of poultry meat and offal, 2017-2020
World map of production of poultry meat and offal, 2017-2020
Micronesia's poultry meat and offal production increased for the second consecutive year. In 2020, production reached 320.8 t, showing little change from the previous year. The lowest production level was recorded in 2018 at 319.0 t. The largest decline occurred in 2018 with a 0.2% decrease, while the largest increase was in 2019 with a 0.3% rise.
Annual dynamics of production in Micronesia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (0.2%) | 0.3% | 0.2% | 0.1% |
Exports poultry meat and offal from Micronesia
Market analysis indicates that Micronesia did not export any poultry meat and offal from 2017 to 2020.
Imports poultry meat and offal to Micronesia
Imports in kind, t
Poultry meat and offal imports to Micronesia increased for the second consecutive year. In 2020, imports totaled 4 463 t, marking a moderate rise of 3.5% compared to 2019. Over the period from 2017 to 2020, imports grew by 6.4%, equivalent to an annualized rate of 2.1%. The lowest import volume was in 2018 at 4 041 t. The largest decline was recorded in 2018 with a 3.7% decrease, while the largest increase occurred in 2019 with a 6.7% rise.
Annual dynamics of product's imports to Micronesia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (3.7%) | 6.7% | 3.5% | 2.1% |
From 2017 to 2020, the United States was the nearly exclusive supplier of poultry meat and offal to Micronesia, accounting for 99.0% of total imports in volume terms.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Micronesia in kind, 2017-2020
Imports in value, K $ US
In 2020, Micronesia's poultry meat and offal imports in value terms totaled 4 889 K $ US, reflecting a decline of 5.3% compared to the previous year. Between 2017 and 2020, imports decreased by 4.4%, equating to an annualized rate of 1.5%. The highest value was recorded in 2019 at 5 163 K $ US. The largest increase occurred in 2019 with a 2.2% rise.
Annual dynamics of product's imports to Micronesia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (1.3%) | 2.2% | (5.3%) | (1.5%) |
Throughout 2017 to 2020, the United States was the key partner for imports in value terms, representing 99.0% of total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Micronesia in value, 2017-2020
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