Goat Meat Market
Goat meat market: discover newly released information featured by an Ai-driven business intelligence platform. Datasets provide consumption, trade, companies, imports, market prices, production, market size, and exports. There is a breakdown by region, including EU, Russia, the U.S., the Middle East, Latin America, Africa, the U.K., and China. Market dynamics and outlook to 2030 are also provided in the snapshots.
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Goat Meat - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | Pakistan |
3 | India |
4 | Nigeria |
5 | Chad |
In value terms, China led the market, alone. The second position in the ranking was occupied by Pakistan. It was followed by India.
From 2018 to 2020, the average annual growth rate of value in China totaled +2.7%. In the other countries, the average annual rates were as follows: Pakistan (+6.7% per year) and India (-3.6% per year).
Goat Meat Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Spain | 4457 | 4115 | 4181 | -3.1% |
Netherlands | 4648 | 4611 | 4441 | -2.3% |
Kenya | 5452 | 5439 | 4641 | -7.7% |
Ethiopia | 5695 | 6083 | 5694 | 0.0% |
Greece | 6318 | 6272 | 6310 | -0.1% |
New Zealand | 6191 | 6537 | 6652 | 3.7% |
Pakistan | 6210 | 6493 | 6789 | 4.6% |
Australia | 6460 | 7867 | 7660 | 8.9% |
France | 8821 | 8230 | 7772 | -6.1% |
China | 9044 | 11282 | 9939 | 4.8% |
Average | 5876 | 6486 | 6049 | 1.5% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was China ($9,939 per ton), while Spain ($4,181 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Australia, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Hong Kong SAR | 9125 | 9862 | 8476 | -3.6% |
South Korea | 7039 | 7506 | 8328 | 8.8% |
United States | 6593 | 7754 | 7978 | 10.0% |
Trinidad and Tobago | 5579 | 7742 | 7602 | 16.7% |
Canada | 6790 | 7150 | 7162 | 2.7% |
Italy | 7902 | 7057 | 7007 | -5.8% |
Portugal | 6385 | 6805 | 6827 | 3.4% |
Taiwan (Chinese) | 4520 | 4336 | 5625 | 11.6% |
United Arab Emirates | 5677 | 5535 | 5213 | -4.2% |
France | 4389 | 4023 | 5114 | 7.9% |
Oman | 4052 | 4743 | 3875 | -2.2% |
Bahrain | 6172 | 6334 | 3836 | -21.2% |
United Kingdom | 3910 | 3478 | 3427 | -6.4% |
Average | 5697 | 6316 | 6195 | 4.3% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Hong Kong SAR ($8,476 per ton), while the UK ($3,427 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Trinidad and Tobago, while the other global leaders experienced more modest paces of growth.
Goat Meat - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
United States | 100 | 139 | 78 | -11.4% |
United Arab Emirates | 85 | 41 | 67 | -11.4% |
Portugal | 11 | 12 | 15 | 15.7% |
Hong Kong SAR | 13 | 6.4 | 11 | -4.7% |
Taiwan (Chinese) | 11 | 11 | 11 | -2.5% |
In value terms, the largest goat meat importing markets worldwide were the United States ($78M), the United Arab Emirates ($67M) and Portugal ($15M), with a combined 59% share of global imports.
Among the main importing countries, Portugal saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Goat Meat - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
Australia | 136 | 164 | 100 | -14.3% |
Ethiopia | 87 | 52 | 62 | -15.4% |
Kenya | 33 | 50 | 48 | 20.6% |
China | 12 | 11 | 21 | 31.6% |
France | 12 | 20 | 17 | 16.6% |
In value terms, the largest goat meat supplying countries worldwide were Australia ($100M), Ethiopia ($62M) and Kenya ($48M), with a combined 66% share of global exports. China, France, Spain, New Zealand, Pakistan, Greece and the Netherlands lagged somewhat behind, together accounting for a further 27%.
China recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Goat Meat - Market Forecast
Driven by increasing demand for goat meat worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Goat Meat - Top Companies
JBS S/A, Tyson Foods, Inc., Micarna SA, Rudolf Schär AG, Mérat & Cie. AG, Tyson Fresh Meats, Inc., Jbs USA Holdings, LLC, NH FOODS LTD., Smithfield Foods, Inc., Hormel Foods Corporation, Henan Shuanghui Investment and Development Co., Ltd., Jbs USA Food Company, Ernst Sutter AG, SULAI AG, Seaboard Corporation, Marfrig Global Foods S/A., AUSTRALIAN CONSOLIDATED FOOD INVESTMENTS PTY LIMITED, PRIMO MEATS PTY LTD, IMPOSETE PTY LTD, PRIMO RETAIL PTY LTD
Goat Meat - Product Coverage
- HS 020450 - Meat; of goats, fresh, chilled or frozen
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