Vanuatu: Beef Market 2020

Beef Market Size in Vanuatu

The revenue of the beef market in Vanuatu amounted to $X in 2018, picking up by X% against the previous year. In general, the total market indicated notable growth from 2007 to 2018: its value 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 consumption increased by +X% against 2014 indices. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Vanuatu beef consumption peaked at $X in 2012; however, from 2013 to 2018, consumption failed to regain its momentum.

Beef Production in Vanuatu

In value terms, beef production stood at $X in 2018 estimated in export prices. Overall, the total output indicated a noticeable expansion from 2007 to 2018: its value decreased 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 production decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2010 when production volume increased by X% y-o-y. Over the period under review, beef production reached its peak figure level at $X in 2012; however, from 2013 to 2018, production remained at a lower figure.

Beef Exports

Exports from Vanuatu

In 2018, the amount of beef (cattle meat) exported from Vanuatu stood at X tons, shrinking by -X% against the previous year. In general, beef exports continue to indicate a drastic deduction. The growth pace was the most rapid in 2009 when exports increased by X% year-to-year. Vanuatu exports peaked at X tons in 2010; however, from 2011 to 2018, exports failed to regain their momentum.

In value terms, beef exports amounted to $X in 2018. Overall, beef exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, beef exports attained their peak figure at $X in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

Exports by Country

Brazil (X tons), India (X tons), Australia (X tons) and the U.S. (X tons) represented roughly X% of total exports of beef (cattle meat) in 2018. It was distantly followed by the Netherlands (X tons), committing 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) occupied a minor share 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 largest beef markets from Vanuatu were the U.S. ($X), Australia ($X) and Brazil ($X), together accounting for X% of total exports. India, the Netherlands, Ireland, New Zealand, Argentina, Canada, Poland, Germany, Uruguay and Vanuatu lagged somewhat behind, together comprising a further X the main exporting countries, India recorded the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the beef export price in Vanuatu amounted to $X per ton, jumping by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% year-to-year. Vanuatu export price peaked at $X per ton in 2016; however, from 2017 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; 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 Vanuatu

In 2018, the beef imports into Vanuatu totaled X tons, increasing by X% against the previous year. In general, beef imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, beef imports reached their maximum at X tons in 2012; however, from 2013 to 2018, imports failed to regain their momentum.

In value terms, beef imports amounted to $X in 2018. Over the period under review, beef imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Vanuatu imports peaked at $X in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, 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 the largest importers of beef (cattle meat) in the world, making up 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 Vanuatu, while the other leaders experienced more modest paces of growth.

In value terms, the largest beef importing markets into Vanuatu were the U.S. ($X), Japan ($X) and China ($X), together comprising X% of total imports. South Korea, Vietnam, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, France, Russia and Vanuatu lagged somewhat behind, together comprising a further X terms of the main importing countries, Vietnam experienced the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The beef import price in Vanuatu stood at $X per ton in 2018, picking up by X% against the previous year. Over the period under review, the beef import price, however, continues to indicate an abrupt decrease. The pace of growth was the most pronounced in 2013 an increase of X% year-to-year. Over the period under review, the import prices for beef (cattle meat) reached their peak figure at $X per ton in 2007; however, from 2008 to 2018, import prices stood 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 ($X per ton), while Vietnam ($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