Earlier Report Observations
The tallow market in Vanuatu exhibited significant volatility between 2018 and 2023. Market volume initially rose from 60 114 kg in 2018 to 63 101 kg in 2019, then contracted by 11.7% to 55 712 kg in 2020. A sharp rebound followed in 2021, with volume surging 22.6% to 68 302 kg, before declining again to 60 736 kg in 2022. The market partially recovered in 2023, reaching 65 054 kg.
These fluctuations were primarily driven by changes in domestic production, which accounted for the bulk of market volume. Import volumes, while generally modest, contributed to market growth in years such as 2019 and 2023, where they exceeded 1 000 kg. The absence of exports throughout the period meant that market size directly reflected domestic supply and import activity.
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, $ US
- 6.1.3.1. Annual dynamics of product's imports to Vanuatu in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Vanuatu by countries, 2018-2024, $ 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/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Vanuatu, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Vanuatu by countries, 2018-2024, $ US/kg
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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, $ US
- 6.2.3.1. Annual dynamics of product's imports to Vanuatu in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Vanuatu by countries, 2018-2024, $ 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/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Vanuatu, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Vanuatu by countries, 2018-2024, $ US/kg
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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, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ 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 tallow in Vanuatu
In kind, 2017-2020, kg
Top producers of tallow, 2017-2020
World map of production of tallow, 2017-2020
In 2020, Vanuatu produced 55 580 kg of tallow, marking a significant year-over-year decrease of 10.6%. Looking at the broader period from 2017 to 2020, production fell by 25.1%, which translates to an average annual decline of 9.2%. The most substantial drop occurred in 2018, with a 19.0% decrease, while 2019 saw a modest increase of 3.4%.
Annual dynamics of production in Vanuatu in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (19.0%) | 3.4% | (10.6%) | (9.2%) |
Exports tallow from Vanuatu
Market analysis indicates that Vanuatu did not export any tallow between 2017 and 2020.
Imports tallow to Vanuatu
Imports in kind, kg
The market showed an unstable trend over this period. Imports reached their lowest point in 2018 and peaked in 2019, with a 69-fold difference between these years. In 2020, Vanuatu imported 132.0 kg of tallow, representing a sharp year-over-year decline of 86.3%. The highest import volume was recorded in 2019 at 961.0 kg, which also saw the largest increase of 6 764.3%.
Annual dynamics of product's imports to Vanuatu in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 6 764.3% | (86.3%) | - |
From 2017 to 2020, New Zealand was the sole source of tallow imports to Vanuatu, accounting for 100.0% of total imports in kind.
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, $ US
Market performance exhibited noticeable fluctuations during this timeframe. Imports hit their lowest in 2018 and reached their highest in 2019, with a 14.2-fold variation between these years. In 2020, Vanuatu imported tallow worth 418 US dollars, down by 82.2% compared to the previous year. The peak value was recorded in 2019 at 2 344 US dollars, which also experienced the largest increase of 1 315.3%.
Annual dynamics of product's imports to Vanuatu in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 1 315.3% | (82.2%) | - |
Between 2017 and 2020, tallow imports to Vanuatu were entirely sourced from New Zealand, which held a 100.0% share of total imports in value terms.
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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