Solomon Islands: Meat Market 2020

Meat Market Size in Solomon Islands

The revenue of the meat market in Solomon Islands amounted to $X in 2018, going up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. In that year, the meat market attained its peak level of $X. From 2012 to 2018, the growth of the meat market remained at a lower figure.

Meat Production in Solomon Islands

In value terms, meat production totaled $X in 2018 estimated in export prices. Overall, meat production continues to indicate mild growth. The most prominent rate of growth was recorded in 2011 when production volume increased by X% year-to-year. In that year, meat production attained its peak level of $X. From 2012 to 2018, meat production growth remained at a lower figure.

In 2018, the average yield of meat in Solomon Islands totaled X kg per head, stabilizing at the previous year. In general, the meat yield continues to indicate a relatively flat trend pattern.

In 2018, approx. X head of animals slaughtered for meat production in Solomon Islands; remaining constant against the previous year. Over the period under review, the number of animals slaughtered for meat production continues to indicate a relatively flat trend pattern.

Meat Exports

Exports from Solomon Islands

In 2018, the amount of meat exported from Solomon Islands stood at X kg, therefore, remained relatively stable against the previous year. Over the period under review, meat exports continue to indicate a dramatic descent. Over the period under review, meat exports reached their peak figure at X kg in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

In value terms, meat exports totaled $X in 2018. In general, meat exports continue to indicate a dramatic decline. Solomon Islands exports peaked at $X in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

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 Solomon Islands 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 recorded the highest growth rate of 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 Solomon Islands amounted to $X per ton, approximately reflecting the previous year. Overall, the meat export price continues to indicate a dramatic descent. Over the period under review, the export prices for meat reached their peak figure at $X per ton in 2011; however, from 2012 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, 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 Solomon Islands

In 2018, approx. X tons of meat were imported into Solomon Islands; jumping by X% against the previous year. Over the period under review, meat imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2009 when imports increased by X% against the previous year. Over the period under review, meat imports attained their peak figure in 2018 and are likely to continue its growth in the immediate term.

In value terms, meat imports stood at $X in 2018. Over the period under review, meat imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, meat imports attained their maximum in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, 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) were the largest importers of meat in the world, creating 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. These countries were followed by Germany, Italy, South Korea, China, Hong Kong SAR, the UK, the Netherlands, Vietnam, Mexico, Poland and Solomon Islands, which together accounted for a further X the main importing countries, Vietnam recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the meat import price in Solomon Islands amounted to $X per ton, remaining constant against the previous year. In general, the meat import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% against the previous year. In that year, the import prices for meat attained their peak level of $X per ton. From 2012 to 2018, the growth in terms of the import prices for meat remained at a somewhat lower figure.

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