Timor-Leste: Beef Market 2020

Beef Market Size in Timor-Leste

The revenue of the beef market in Timor-Leste amounted to $X in 2018, shrinking by -X% against the previous year. In general, the total market indicated a temperate increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, beef consumption decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. In that year, the beef market reached its peak level of $X. From 2012 to 2018, the growth of the beef market failed to regain its momentum.

Beef Production in Timor-Leste

In value terms, beef production totaled $X in 2018 estimated in export prices. Overall, beef production continues to indicate a resilient increase. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. In that year, beef production attained its peak level of $X. From 2012 to 2018, beef production growth remained at a somewhat lower figure.

Beef Exports

Exports from Timor-Leste

Beef exports from Timor-Leste totaled X kg in 2018, flattening at the previous year. Overall, beef exports continue to indicate a relatively flat trend pattern. Timor-Leste exports peaked at X kg in 2011; however, from 2012 to 2018, exports remained at a lower figure.

In value terms, beef exports totaled $X in 2018. In general, beef exports continue to indicate a relatively flat trend pattern. Over the period under review, beef exports reached their peak figure at $X in 2011; however, from 2012 to 2018, exports stood at a somewhat 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), mixing up a X% share of total exports. The following exporters - New Zealand (X tons), Poland (X tons), Ireland (X tons), Canada (X tons), Argentina (X tons), Germany (X tons) and Uruguay (X tons) - together made up X% of total exports.

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) appeared to be the countries with the highest levels of exports in 2018, together comprising X% of total exports. India, the Netherlands, Ireland, New Zealand, Argentina, Canada, Poland, Germany and Uruguay 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 beef export price in Timor-Leste amounted to $X per ton, stabilizing at the previous year. Over the period under review, the beef export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for beef (cattle meat) reached their maximum at $X per ton in 2011; however, from 2012 to 2018, export prices failed to regain their 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 Timor-Leste

In 2018, the amount of beef (cattle meat) imported into Timor-Leste stood at X tons, declining by -X% against the previous year. In general, beef imports continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Timor-Leste imports peaked at X tons in 2013; however, from 2014 to 2018, imports remained at a lower figure.

In value terms, beef imports totaled $X in 2018. Overall, beef imports continue to indicate a drastic drop. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Timor-Leste imports peaked at $X in 2012; however, from 2013 to 2018, imports remained at a lower figure.

Imports by Country

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) represented roughly X% of total imports of beef (cattle meat) in 2018.

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 U.S. ($X), Japan ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by South Korea, Vietnam, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, France, Russia and Timor-Leste, which together accounted for a further X Nam recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The beef import price in Timor-Leste stood at $X per ton in 2018, increasing by X% against the previous year. Overall, the beef import price, however, continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2014 when the import price increased by X% y-o-y. Timor-Leste import price peaked at $X per ton in 2010; however, from 2011 to 2018, import prices failed to regain their momentum.

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