Earlier Report Observations
The sheep and goat meat market in Vanuatu experienced high volatility between 2018 and 2023, with overall volume declining from 77.2 metric tons to 32.5 metric tons, a drop of nearly 60%. This downward trend was interrupted by a temporary rebound in 2020 and a partial recovery in 2022, but sharp contractions in 2021 and 2023 drove the market to its lowest point.
Market volume fell to 68.5 metric tons in 2019 before rising to 71.8 metric tons in 2020. A severe decline to 44.2 metric tons followed in 2021, with a subsequent increase to 52.3 metric tons in 2022. The market then contracted again to 32.5 metric tons in 2023, highlighting persistent instability.
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 Vanuatu
- 5.1.1. Annual dynamics of production in Vanuatu in kind, 2018-2023, kg
- 5.1.2. Annual dynamics of production in Vanuatu 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, kg
- 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, kg
- 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 Vanuatu
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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 Vanuatu in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Vanuatu 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 Vanuatu in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Vanuatu 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 Vanuatu, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Vanuatu 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 Vanuatu in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Vanuatu 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 Vanuatu in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Vanuatu 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 Vanuatu, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Vanuatu 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 sheep and goat meat in Vanuatu
In kind, 2017-2020, kg
Top producers of sheep and goat meat, 2017-2020
World map of production of sheep and goat meat, 2017-2020
Sheep and goat meat production in Vanuatu has declined for the third year in a row. In 2020, the country produced 45 000 kg of sheep and goat meat, marking a significant 15.1% decrease from the previous year. Over the 2017-2020 period, production fell by 28.8%, with an average annual decline of 10.7%.
Annual dynamics of production in Vanuatu in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (8.0%) | (9.0%) | (15.1%) | (10.7%) |
Exports sheep and goat meat from Vanuatu
Market research shows that Vanuatu did not export any sheep and goat meat between 2017 and 2020.
Imports sheep and goat meat to Vanuatu
Imports in kind, kg
The market showed an unstable trend during this period. Import volumes peaked in 2020 and hit their lowest point in 2019, representing a 1.7-fold change. In 2020, foreign supplies of sheep and goat meat to Vanuatu totaled 26 770 kg, which is 72.9% higher than in 2019. The minimum volume was recorded in 2019 at 15 482 kg, while the largest decline occurred that same year at 18.7%.
Annual dynamics of product's imports to Vanuatu in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (8.4%) | (18.7%) | 72.9% | 8.8% |
From 2017 to 2020, New Zealand and Australia were the main sources of imports in volume terms, together accounting for 86.3% of total flows. Other partners each held significantly smaller shares.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Vanuatu in kind, 2017-2020
Imports in value, K $ US
After a two-year decline, cross-border shipments of sheep and goat meat to Vanuatu increased. In 2020, imports reached 159.7 K $ US, up 23.3% year-over-year. Between 2017 and 2020, imports decreased by 16.9%, equivalent to an annualized rate of 6.0%. The lowest value was recorded in 2019 at 129.5 K $ US, with the largest decline also occurring that year at 18.2%.
Annual dynamics of product's imports to Vanuatu in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (17.6%) | (18.2%) | 23.3% | (6.0%) |
Throughout 2017–2020, New Zealand and Australia were the key markets for imports in value terms, jointly making up 85.5% of total flows. Other destinations had relatively modest shares.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Vanuatu in value, 2017-2020
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