Australia and Oceania: Preserved Cows Meat Market 2025

Preserved Cows Meat Market Size in Australia and Oceania

After two years of growth, the preserved cows meat market in Australia and Oceania decreased by -4.6% to $X in 2021. In general, consumption, however, posted a remarkable increase. Over the period under review, the market reached the peak level at $X in 2020, and then contracted slightly in the following year.

Preserved Cows Meat Production in Australia and Oceania

In value terms, preserved cows meat production dropped slightly to $X in 2021 estimated in export price. In general, production enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2016 with an increase of 20%. The level of production peaked at $X in 2020, and then declined modestly in the following year.

Preserved Cows Meat Exports

Exports in Australia and Oceania

In 2021, shipments abroad of prepared or preserved meat or offal of bovine animals was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +1.8% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, preserved cows meat exports soared to $X in 2021. Total exports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +16.5% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

New Zealand (X tons) and Australia (X tons) represented roughly 98% of total exports in 2021.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Australia (with a CAGR of +4.8%).

In value terms, the largest preserved cows meat supplying countries in Australia and Oceania were New Zealand ($X) and Australia ($X).

Australia, with a CAGR of +7.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, with an increase of 7.8% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2018 when the export price increased by 16% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

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 (+4.0%).

Preserved Cows Meat Imports

Imports in Australia and Oceania

In 2021, overseas purchases of prepared or preserved meat or offal of bovine animals increased by 13% to X tons for the first time since 2016, thus ending a four-year declining trend. In general, imports saw a relatively flat trend pattern. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, preserved cows meat imports soared to $X in 2021. The total import value increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia represented the key importing country with an import of about X tons, which resulted at 56% of total imports. It was distantly followed by New Zealand (X tons), constituting a 15% share of total imports. New Caledonia (X tons), Vanuatu (X tons), Kiribati (X tons), Tonga (X tons), American Samoa (X tons), Guam (X tons), Marshall Islands (X tons), Samoa (X tons) and Micronesia (X tons) followed a long way behind the leaders.

Imports into Australia increased at an average annual rate of +4.7% from 2012 to 2021. At the same time, Marshall Islands (+17.3%), Kiribati (+5.8%), Micronesia (+5.7%) and New Caledonia (+2.8%) displayed positive paces of growth. Moreover, Marshall Islands emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +17.3% from 2012-2021. Samoa and Tonga experienced a relatively flat trend pattern. By contrast, Vanuatu (-1.5%), American Samoa (-3.7%), New Zealand (-5.4%) and Guam (-6.2%) illustrated a downward trend over the same period. Australia (+17 p.p.) significantly strengthened its position in terms of the total imports, while Guam and New Zealand saw its share reduced by -1.7% and -11% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported prepared or preserved meat or offal of bovine animals in Australia and Oceania, comprising 60% of total imports. The second position in the ranking was held by New Zealand ($X), with a 9.7% share of total imports. It was followed by New Caledonia, with a 3.5% share.

In Australia, preserved cows meat imports increased at an average annual rate of +7.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: New Zealand (-8.0% per year) and New Caledonia (+6.2% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, rising by 4.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2018 when the import price increased by 10%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Guam ($X per ton), while Samoa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guam (+4.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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