Nauru: Meat Market 2020

Meat Market Size in Nauru

The revenue of the meat market in Nauru amounted to $X in 2018, coming down by -X% against the previous year. Over the period under review, meat consumption continues to indicate a slight descent. The pace of growth was the most pronounced in 2016 when the market value increased by X% y-o-y. Nauru meat consumption peaked at $X in 2017, and then declined slightly in the following year.

Meat Production in Nauru

In value terms, meat production amounted to $X in 2018 estimated in export prices. In general, meat production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when production volume increased by X% y-o-y. In that year, meat production reached its peak level of $X, and then declined slightly in the following year.

In 2018, the average yield of meat in Nauru stood at X kg per head, remaining relatively unchanged against the previous year. Overall, the meat yield continues to indicate a relatively flat trend pattern.

In 2018, approx. X head of animals slaughtered for meat production in Nauru; remaining stable against the previous year. In general, the number of animals slaughtered for meat production continues to indicate a relatively flat trend pattern.

Meat Exports

Exports from Nauru

In 2018, the amount of meat exported from Nauru totaled X kg, going down by -X% against the previous year. Overall, meat exports, however, continue to indicate outstanding growth. The pace of growth appeared the most rapid in 2008 when exports increased by X% y-o-y. In that year, meat exports reached their peak of X tons. From 2009 to 2018, the growth of meat exports failed to regain its momentum.

In value terms, meat exports totaled $X in 2018. In general, meat exports, however, continue to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. In that year, meat exports attained their peak of $X. From 2009 to 2018, the growth of meat exports failed to regain its momentum.

Exports by Country

The exports of the twelve major exporters of meat, namely the U.S., Germany, Spain, Brazil, Australia, the Netherlands, Denmark, India, Canada, Poland, Belgium and New Zealand, represented more than two-thirds of total export.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, the largest meat markets from Nauru were the U.S. ($X), Australia ($X) and Brazil ($X), together comprising X% of total exports. These countries were followed by Germany, the Netherlands, Spain, New Zealand, Canada, India, Denmark, Poland and Belgium, which together accounted for a further X experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the meat export price in Nauru amounted to $X per ton, dropping by -X% against the previous year. In general, the meat export price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. In that year, the export prices for meat attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the export prices for meat remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was New Zealand ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Meat Imports

Imports into Nauru

Meat imports into Nauru amounted to X tons in 2018, coming down by -X% against the previous year. Over the period under review, meat imports continue to indicate a mild slump. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Over the period under review, meat imports reached their maximum at X tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, meat imports totaled $X in 2018. Over the period under review, meat imports continue to indicate a moderate downturn. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Over the period under review, meat imports reached their peak figure at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

The countries with the highest levels of meat imports in 2018 were China (X tons), Japan (X tons), the U.S. (X tons), Italy (X tons), Germany (X tons), Mexico (X tons), South Korea (X tons), China, Hong Kong SAR (X tons), Vietnam (X tons), the UK (X tons), Poland (X tons) and the Netherlands (X tons), together recording X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the U.S. ($X) and China ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports. Germany, Italy, South Korea, China, Hong Kong SAR, the UK, the Netherlands, Vietnam, Mexico, Poland and Nauru lagged somewhat behind, together comprising a further X Nam recorded the highest rates of growth with regard to imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the meat import price in Nauru amounted to $X per ton, coming down by -X% against the previous year. Overall, the meat import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Nauru import price peaked at $X per ton in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform