Australia and Oceania: Pork Market 2025

Pork Market Size in Australia and Oceania

The pork market in Australia and Oceania reduced slightly to $X in 2022, approximately equating the previous year. In general, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 3.3% against the previous year. The level of consumption peaked at $X in 2021, and then dropped modestly in the following year.

Pork Production in Australia and Oceania

In value terms, pork production stood at $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 12%. As a result, production attained the peak level of $X; afterwards, it flattened through to 2022.

The country with the largest volume of pork production was Australia (X tons), accounting for 74% of total volume. Moreover, pork production in Australia exceeded the figures recorded by the second-largest producer, Papua New Guinea (X tons), fivefold.

In Australia, pork production increased at an average annual rate of +1.7% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Papua New Guinea (+0.7% per year) and New Zealand (-1.1% per year).

In 2022, the average yield of pork in Australia and Oceania contracted modestly to X kg per head, flattening at the previous year. Overall, the yield, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the yield increased by 3.5%. As a result, the yield attained the peak level of X kg per head. From 2019 to 2022, the growth of the pork yield failed to regain momentum.

In 2022, the number of animals slaughtered for pork production in Australia and Oceania declined to X heads, with a decrease of -2.2% against the previous year's figure. Over the period under review, the number of producing animals, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the number of producing animals increased by 4.5%. As a result, the number of producing animals attained the peak level of X heads, and then declined slightly in the following year.

Pork Exports

Exports in Australia and Oceania

After two years of growth, overseas shipments of pork decreased by -11.5% to X tons in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 16%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, pork exports fell remarkably to $X in 2022. Overall, exports showed a mild setback. The most prominent rate of growth was recorded in 2020 when exports increased by 27%. The level of export peaked at $X in 2021, and then declined sharply in the following year.

Exports by Country

Australia prevails in exports structure, recording X tons, which was near 97% of total exports in 2022. New Zealand (X tons) followed a long way behind the leaders.

Australia experienced a relatively flat trend pattern with regard to volume of exports of pork. At the same time, New Zealand (+30.1%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +30.1% from 2012-2022. New Zealand (+3 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -3% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest pork supplier in Australia and Oceania, comprising 95% of total exports. The second position in the ranking was held by New Zealand ($X), with a 4.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Australia totaled -1.5%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, shrinking by -16.4% against the previous year. Overall, the export price continues to indicate a slight slump. The most prominent rate of growth was recorded in 2020 an increase of 17%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by New Zealand (-0.8%).

Pork Imports

Imports in Australia and Oceania

Pork imports amounted to X tons in 2022, picking up by 7.5% on the previous year's figure. The total import volume increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2019 when imports increased by 21%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, pork imports contracted slightly to $X in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 with an increase of 22%. Over the period under review, imports reached the maximum at $X in 2021, and then declined in the following year.

Imports by Country

Australia was the key importing country with an import of about X tons, which resulted at 74% of total imports. It was distantly followed by New Zealand (X tons), making up a 20% share of total imports. Papua New Guinea (X tons) held a minor share of total imports.

Imports into Australia increased at an average annual rate of +1.8% from 2012 to 2022. At the same time, New Zealand (+3.8%) and Papua New Guinea (+2.5%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +3.8% from 2012-2022. From 2012 to 2022, the share of New Zealand increased by +2.8 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported pork in Australia and Oceania, comprising 74% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 20% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled +1.4%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+3.8% per year) and Papua New Guinea (+0.1% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, waning by -10.9% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by 16% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (-0.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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