Salted, in brine, dried or smoked beef market in Oceania

Earlier Report Observations

From 2018 to 2020, the market volume for salted, in brine, dried or smoked beef in Oceania showed fluctuations. It declined from 395.2 thousand tonnes in 2018 to 379.1 thousand tonnes in 2019, then recovered to 419.3 thousand tonnes in 2020.

In 2021, the easing of drought conditions allowed farmers to begin rebuilding herds, which positively impacted cattle supply and contributed to a rise in market volume to 436.7 thousand tonnes. However, the market contracted to 402.0 thousand tonnes in 2022. By 2023, the cattle herd reached its highest level in a decade, and the announcement of an El Nino event led to increased slaughter rates, supporting production growth and driving the market volume up to 449.1 thousand tonnes.

In 2024, new licensing rules required export facilities to implement digital tracking systems for livestock movements. Increased female cattle slaughter and the growing use of grain-fed finishing in feedlots also influenced supply dynamics.

Production salted, in brine, dried or smoked beef in Oceania

In kind, 2017-2020, t

Top producers of salted, in brine, dried or smoked beef, 2017-2020

World map of production of salted, in brine, dried or smoked beef, 2017-2020

In 2020, Oceania produced 435.0 tonnes of salted, in brine, dried or smoked beef, marking a 5.9% year-on-year increase. From 2017 to 2020, production grew by 8.3%, which translates to an annualized rate of 2.7%. The largest decline occurred in 2019, with a drop of 0.5%.

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

Exports salted, in brine, dried or smoked beef from Oceania

Exports in kind, kg

In 2020, Oceania exported 26 894 kg of salted, in brine, dried or smoked beef, representing a 39.0% decrease compared to 2019. Between 2017 and 2020, exports fell by 28%, equating to an annualized decline of 10.4%. The peak was recorded in 2019 at 44 113 kg, which also saw the largest increase of 21.8%.

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

From 2017 to 2020, exports of salted, in brine, dried or smoked beef from Oceania were distributed across a diverse range of partner countries. South Korea accounted for 17.1% of exports, Qatar for 15.1%, and Singapore for 6.6%, with these three countries together making up just 38.7% of total flows.

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

World map of product's exports from Oceania in kind, 2017-2020

Exports in value, K $ US

In 2020, Oceania exported 537.9 thousand US dollars worth of salted, in brine, dried or smoked beef, reflecting a 6.8% rise compared to the previous year. From 2017 to 2020, exports increased by 24.9%, with an annualized growth rate of 7.7%. The largest decline occurred in 2019 at 0.9%, while the largest increase was in 2018 at 18.1%.

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

Between 2017 and 2020, the partner landscape for exports in value terms was broad. South Korea contributed 12.1% of exports, Hong Kong 10.8%, and Qatar 9.8%, with these three together forming only 32.6% of total flows. The remaining 67.4% was supplied to numerous other countries.

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

World map of product's exports from Oceania in value, 2017-2020

Imports salted, in brine, dried or smoked beef to Oceania

Imports in kind, kg

Imports of salted, in brine, dried or smoked beef into Oceania declined for the third consecutive year. In 2020, imports reached 11 138 kg, showing a significant contraction of 10.1% compared to the previous year. From 2017 to 2020, imports decreased by 43.6%, equating to an annualized decline of 17.4%.

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

Over the period 2017–2020, imports of salted, in brine, dried or smoked beef to Oceania came from a wide range of partner countries. The United States accounted for 18.8% of imports, the Netherlands for 3.2%, and Bulgaria for 2.8%, with these three together making up just 24.8% of total flows.

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

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

Imports in value, K $ US

In 2020, cross-border shipments of salted, in brine, dried or smoked beef into Oceania totalled 159.0 thousand US dollars, up by 15.3% compared to the previous year. From 2017 to 2020, imports increased by 18.9%, with a compound annual growth rate of 5.9%. The largest decline was recorded in 2019 at 10.7%, while the largest increase occurred in 2018 at 15.6%.

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

Between 2017 and 2020, imports in value terms were spread across a wide set of partner countries. The United States accounted for 14.0% of imports, the Netherlands for 9.8%, and Italy for 5.6%, with these three jointly representing just 29.4% of total flows.

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

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