Canada - Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGoat Meat Price in Canada - 2023
Contents:
- Goat Meat Price in Canada (CIF) - 2023
- Goat Meat Price in Canada (FOB) - 2022
- Goat Meat Imports in Canada
- Goat Meat Exports in Canada
Goat Meat Price in Canada (CIF) - 2023
In June 2023, the average goat meat import price amounted to $7,096 per ton, growing by 8.8% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $7,448 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From June 2022 to June 2023, the rate of growth in terms of prices for Australia amounted to -0.4% per month.
Goat Meat Price in Canada (FOB) - 2022
In 2022, the average goat meat export price amounted to $8,772 per ton, approximately equating the previous year. In general, the export price, however, showed a strong expansion. The growth pace was the most rapid in 2014 when the average export price increased by 46% against the previous year. Over the period under review, the average export prices hit record highs at $8,772 per ton in 2021, and then shrank slightly in the following year.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Trinidad and Tobago ($10,439 per ton), while the average price for exports to Barbados amounted to $7,790 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago (+8.6%).
Goat Meat Imports in Canada
In 2022, approx. 2.1K tons of goat meat were imported into Canada; increasing by 29% against 2021. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 41% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, goat meat imports skyrocketed to $16M in 2022. In general, imports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Goat Meat in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 5.9 | 6.5 | 10.2 | 14.3 | 34.3% |
| New Zealand | 0.8 | 1.4 | 2.2 | 1.4 | 20.5% |
| Ireland | 1.0 | 0.2 | 0.1 | N/A | -68.4% |
| Others | 1.0 | 0.3 | 0.1 | N/A | -68.4% |
| Total | 8.7 | 8.4 | 12.6 | 15.7 | 21.7% |
Top Suppliers of Goat Meat to Canada in 2022:
- Australia (1958.5 tons)
- New Zealand (188.7 tons)
- Ireland (1.5 tons)
Goat Meat Exports in Canada
In 2022, goat meat exports from Canada contracted rapidly to 11 tons, with a decrease of -50% against 2021. Overall, exports faced a dramatic shrinkage.
In value terms, goat meat exports dropped remarkably to $93K in 2022. Over the period under review, exports showed a precipitous setback.
| Export of Goat Meat in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Barbados | 43.2 | 48.3 | 11.8% | ||
| Trinidad and Tobago | 50.3 | 44.1 | -12.3% | ||
| Australia | 91.5 | N/A | 0% | ||
| Others | 0.3 | 0.2 | -33.3% | ||
| Total | 185 | 92.7 | -49.9% | ||
Top Export Markets for Goat Meat from Canada in 2022:
- Barbados (6.2 tons)
- Trinidad and Tobago (4.2 tons)
This report provides an in-depth analysis of the goat meat market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1017 - Goat meat
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In February 2023, the goat meat price stood at $6,457 per ton (CIF, Canada), which is down by -2.9% against the previous month.
487
In February 2023, the lamb and sheep meat price amounted to $8,204 per ton (CIF, Canada), picking up by 2.7% against the previous month.
7129
Global goat meat consumption amounted to X thousand tons in 2015, leveling off at the previous year level.
4710
Global goat meat market production was estimated at X thousand tons in 2015, which was X thousand tons more than in 2014. There was an annual increase of +X% in physical terms and +X% in value terms for the period from 2007 to 2015. In v
2372
From 2007 to 2015, exports on the global goat meat market decreased to X million USD. In physical terms, they stood at X thousand tons in 2015, X thousand tons down on the previous year.
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In 2015, the value of total imports on the global goat meat market stood at X million USD. In physical terms, the total volume of goat meat decreased to X thousand tons in 2015, X thousand tons (X%) less than the previous year.
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The global goat meat market had total revenues of X million USD in 2015, representing a compound annual growth rate (CAGR) of +X% from 2007 to 2015. In physical terms, the market showed an increase of +X% over the period under review. Finall
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Despite the fall of global prices on the meat products market, due to weakening demand from both oil-exporting and developing countries, the goat meat price, in contrast, has peaked. The relatively nascent international trade in goat meat is the reason
1173
Australia dominates in the global goat meat trade. In 2014, Australia exported X thousand tons of goat meat totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total goat meat
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