Samoa: Meat Market 2020

Meat Market Size in Samoa

The revenue of the meat market in Samoa amounted to $X in 2018, dropping by -X% against the previous year. Over the period under review, meat consumption continues to indicate a mild setback. The growth pace was the most rapid in 2014 when the market value increased by X% against the previous year. In that year, the meat market attained its peak level of $X. From 2015 to 2018, the growth of the meat market remained at a somewhat lower figure.

Meat Production in Samoa

In value terms, meat production amounted to $X in 2018 estimated in export prices. Over the period under review, meat production continues to indicate a moderate contraction. The pace of growth appeared the most rapid in 2014 when production volume increased by X% y-o-y. In that year, meat production reached its peak level of $X. From 2015 to 2018, meat production growth failed to regain its momentum.

Average yield of meat in Samoa totaled X kg per head in 2018, therefore, remained relatively stable against the previous year. Overall, the meat yield continues to indicate a relatively flat trend pattern.

In 2018, the number of animals slaughtered for meat production in Samoa amounted to X head, approximately reflecting 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 Samoa

In 2018, the amount of meat exported from Samoa stood at X tons, shrinking by -X% against the previous year. Overall, meat exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Samoa exports peaked at X tons in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, meat exports amounted to $X in 2018. Over the period under review, meat exports continue to indicate a temperate descent. The pace of growth appeared the most rapid in 2013 when exports increased by X% y-o-y. Samoa exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their 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 U.S. ($X), Australia ($X) and Brazil ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. Germany, the Netherlands, Spain, New Zealand, Canada, India, Denmark, Poland, Belgium and Samoa lagged somewhat behind, together comprising a further X recorded the highest growth rate of exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the meat export price in Samoa amounted to $X per ton, picking up by X% against the previous year. Overall, the meat export price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2017 when the export price increased by X% y-o-y. Over the period under review, the export prices for meat attained their maximum in 2018 and is likely to see steady growth in the near future.

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 Samoa

In 2018, the amount of meat imported into Samoa totaled X tons, coming down by -X% against the previous year. Overall, meat imports continue to indicate a deep setback. The growth pace was the most rapid in 2016 when imports increased by X% year-to-year. Samoa imports peaked at X tons in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

In value terms, meat imports amounted to $X in 2018. Overall, meat imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Samoa imports peaked at $X in 2017, and then declined slightly in the following year.

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 amounting to 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 meat importing markets into Samoa were Japan ($X), the U.S. ($X) and China ($X), with a combined X% share of total imports. Germany, Italy, South Korea, China, Hong Kong SAR, the UK, the Netherlands, Vietnam, Mexico, Poland and Samoa lagged somewhat behind, together accounting for a further X Nam experienced the highest rates of growth with regard to imports, in terms of 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 Samoa amounted to $X per ton, surging by X% against the previous year. In general, the import price indicated a remarkable increase 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, meat import price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2017 when the import price increased by X% y-o-y. Over the period under review, the import prices for meat reached their maximum in 2018 and is expected to retain its growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2018, 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