Australia and Oceania: Market for Flours, Meals And Pellets Of Meat Or Meat Offal 2025

Market Size for Flours, Meals And Pellets Of Meat Or Meat Offal in Australia and Oceania

In 2021, the meat meals and pellets market in Australia and Oceania decreased by -14.7% to $X for the first time since 2018, thus ending a two-year rising trend. The total consumption indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +50.8% against 2018 indices. As a result, consumption reached the peak level of $X, and then declined in the following year.

Production of Flours, Meals And Pellets Of Meat Or Meat Offal in Australia and Oceania

In value terms, meat meals and pellets production contracted to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the production volume increased by 14% against the previous year. As a result, production reached the peak level of $X, and then shrank in the following year.

Exports of Flours, Meals And Pellets Of Meat Or Meat Offal

Exports in Australia and Oceania

In 2021, overseas shipments of flours, meals and pellets of meat or meat offal decreased by -0.1% to X tons, falling for the second consecutive year after two years of growth. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 12% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, meat meals and pellets exports rose significantly to $X in 2021. In general, exports showed a mild shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by 26% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Australia represented the key exporting country with an export of around X tons, which resulted at 69% of total exports. It was distantly followed by New Zealand (X tons), committing a 31% share of total exports.

Australia experienced a relatively flat trend pattern with regard to volume of exports of flours, meals and pellets of meat or meat offal. New Zealand experienced a relatively flat trend pattern. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) and New Zealand ($X) were the countries with the highest levels of exports in 2021.

New Zealand, with a CAGR of +0.3%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, picking up by 10% against the previous year. Over the period under review, the export price, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2017 when the export price increased by 13%. Over the period under review, the export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (-0.2%).

Imports of Flours, Meals And Pellets Of Meat Or Meat Offal

Imports in Australia and Oceania

In 2021, supplies from abroad of flours, meals and pellets of meat or meat offal decreased by -15.2% to X tons, falling for the third consecutive year after three years of growth. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 75%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, meat meals and pellets imports surged to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 29%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Papua New Guinea was the major importer of flours, meals and pellets of meat or meat offal in Australia and Oceania, with the volume of imports reaching X tons, which was near 42% of total imports in 2021. Australia (X tons) held a 23% share (based on physical terms) of total imports, which put it in second place, followed by Fiji (22%) and New Caledonia (12%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Australia (with a CAGR of +5.2%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Papua New Guinea ($X), Australia ($X) and Fiji ($X) were the countries with the highest levels of imports in 2021, together accounting for 85% of total imports.

Among the main importing countries, Australia, with a CAGR of +5.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, growing by 37% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Australia ($X per ton) and New Caledonia ($X per ton), while Papua New Guinea ($X per ton) and Fiji ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+0.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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