Samoa: Beef Market 2020

Beef Market Size in Samoa

The revenue of the beef market in Samoa amounted to $X in 2018, lowering by -X% against the previous year. Overall, beef consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Samoa beef consumption peaked at $X in 2015; however, from 2016 to 2018, consumption remained at a lower figure.

Beef Production in Samoa

In value terms, beef production stood at $X in 2018 estimated in export prices. Over the period under review, beef production continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 when production volume increased by X% year-to-year. In that year, beef production reached its peak level of $X. From 2015 to 2018, beef production growth failed to regain its momentum.

Beef Exports

Exports from Samoa

In 2018, approx. X tons of beef (cattle meat) were exported from Samoa; surging by X% against the previous year. Overall, beef exports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% y-o-y. In that year, beef exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, beef exports amounted to $X in 2018. In general, beef exports continue to indicate a moderate decline. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, beef exports attained their maximum at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

The exports of the four major exporters of beef (cattle meat), namely Brazil, India, Australia and the U.S., represented more than third of total export. It was distantly followed by the Netherlands (X tons), creating a X% share of total exports. New Zealand (X tons), Poland (X tons), Ireland (X tons), Canada (X tons), Argentina (X tons), Germany (X tons) and Uruguay (X tons) followed a long way behind the leaders.

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 U.S. ($X), Australia ($X) and Brazil ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by India, the Netherlands, Ireland, New Zealand, Argentina, Canada, Poland, Germany, Uruguay and Samoa, which together accounted for a further X experienced the highest growth rate of exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The beef export price in Samoa stood at $X per ton in 2018, lowering by -X% against the previous year. In general, the beef export price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2014 an increase of X% year-to-year. In that year, the export prices for beef (cattle meat) reached their peak level of $X per ton. From 2015 to 2018, the growth in terms of the export prices for beef (cattle meat) failed to regain its momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per ton), while India ($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.

Beef Imports

Imports into Samoa

Beef imports into Samoa totaled X tons in 2018, jumping by X% against the previous year. Overall, the total imports indicated modest growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, beef imports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. In that year, beef imports attained their peak of X tons. From 2012 to 2018, the growth of beef imports remained at a lower figure.

In value terms, beef imports stood at $X in 2018. Over the period under review, beef imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2011 when imports increased by X% year-to-year. In that year, beef imports attained their peak of $X. From 2012 to 2018, the growth of beef imports remained at a lower figure.

Imports by Country

The countries with the highest levels of beef imports in 2018 were the U.S. (X tons), Vietnam (X tons), China (X tons), Japan (X tons), South Korea (X tons), China, Hong Kong SAR (X tons), the Netherlands (X tons), Italy (X tons), Germany (X tons), Russia (X tons), the UK (X tons) and France (X tons), together accounting for 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, the largest beef importing markets into Samoa were the U.S. ($X), Japan ($X) and China ($X), with a combined X% share of total imports. South Korea, Vietnam, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, France, Russia and Samoa lagged somewhat behind, together accounting for a further X terms of the main importing countries, Vietnam experienced the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the beef import price in Samoa amounted to $X per ton, rising by X% against the previous year. In general, the import price indicated a prominent expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, beef import price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2010 when the import price increased by X% against the previous year. Over the period under review, the import prices for beef (cattle meat) attained their maximum in 2018 and is likely to continue its growth in the near future.

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

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

Source: IndexBox Platform