Malaysia - Sheep And Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Sheep and Goat Meat in Malaysia - 2021
Contents:
- Price for Sheep and Goat Meat in Malaysia (CIF) - 2022
- Price for Sheep and Goat Meat in Malaysia (FOB) - 2022
- Imports of Sheep and Goat Meat in Malaysia
- Exports of Sheep and Goat Meat in Malaysia
Price for Sheep and Goat Meat in Malaysia (CIF) - 2022
In 2022, the average sheep and goat meat import price amounted to $6,723 per ton, surging by 6.8% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sheep and goat meat import price increased by +85.8% against 2016 indices. The growth pace was the most rapid in 2017 when the average import price increased by 32%. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($7,215 per ton), while the price for Australia totaled $6,581 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+4.9%).
Price for Sheep and Goat Meat in Malaysia (FOB) - 2022
The average sheep and goat meat export price stood at $4,644 per ton in 2022, growing by 3.8% against the previous year. Overall, the export price, however, continues to indicate a slight decline. The pace of growth was the most pronounced in 2017 when the average export price increased by 56%. Over the period under review, the average export prices attained the peak figure at $5,430 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($9,400 per ton), while the average price for exports to Oman ($1,891 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+169.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sheep and Goat Meat in Malaysia
Sheep and goat meat imports into Malaysia soared to 43K tons in 2022, growing by 47% against 2021 figures. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, sheep and goat meat imports surged to $291M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sheep and Goat Meat in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 118 | 145 | 152 | 215 | 22.1% |
| New Zealand | 35.6 | 59.0 | 26.5 | 73.5 | 27.3% |
| Others | 6.4 | 6.8 | 5.7 | 2.6 | -25.9% |
| Total | 160 | 210 | 185 | 291 | 22.1% |
Top Suppliers of Sheep and Goat Meat to Malaysia in 2022:
- Australia (32.6K tons)
- New Zealand (10.2K tons)
Exports of Sheep and Goat Meat in Malaysia
In 2022, the amount of sheep and goat meat exported from Malaysia skyrocketed to 142 tons, growing by 34% against 2021 figures. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, sheep and goat meat exports soared to $661K in 2022. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 47%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Sheep and Goat Meat in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 7.0 | 256 | 3557.1% |
| Sweden | N/A | N/A | N/A | 162 | 0% |
| New Zealand | N/A | N/A | 66.3 | 95.1 | 43.4% |
| Oman | 204 | 399 | 253 | 93.7 | -22.8% |
| Cambodia | 13.9 | 23.8 | 57.7 | 45.3 | 48.3% |
| Singapore | 55.5 | N/A | N/A | 6.5 | -51.1% |
| Bangladesh | 44.5 | 40.7 | 66.4 | N/A | 22.2% |
| Others | 1.5 | 5.8 | 26.5 | 2.9 | 24.6% |
| Total | 319 | 470 | 477 | 661 | 27.5% |
Top Export Markets for Sheep and Goat Meat from Malaysia in 2022:
- Oman (49.6 tons)
- China (46.3 tons)
- Sweden (24.1 tons)
- New Zealand (14.8 tons)
- Cambodia (4.8 tons)
- Singapore (1.4 tons)
This report provides an in-depth analysis of the market for sheep and goat meat in Malaysia. 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
- FCL 977 - Meat of sheep
Country coverage:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
831
This report provides an in-depth analysis of the market for sheep and goat meat in Malaysia.
2527
This report provides an in-depth analysis of the goat meat market in Malaysia.
304
This report provides an in-depth analysis of the frozen lamb carcase market in Malaysia.
307
This report provides an in-depth analysis of the fresh lamb carcase market in Malaysia.
2099
This report provides an in-depth analysis of the market for lamb and sheep meat in Malaysia.
2778
This report provides an in-depth analysis of the global market for sheep and goat meat.
9809
This report provides an in-depth analysis of the global goat meat market.
504
Global Frozen Lamb Carcase Market Report 2018. This report provides an in-depth analysis of the global frozen lamb carcase market.
418
Global Fresh Lamb Carcase Market Report 2018. This report provides an in-depth analysis of the global fresh lamb carcase market.
4009
This report provides an in-depth analysis of the global market for lamb and sheep meat.
314
Explore the top import markets for sheep and goat meat, including China, United States, France, and more. Discover key statistics and import values in this comprehensive article.
7124
Global goat meat consumption amounted to X thousand tons in 2015, leveling off at the previous year level.
4705
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.
7120
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.
26942
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
4116
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
1172
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
514
Explore the top import markets for lamb and sheep meat and discover key statistics and numbers. China, the United States, France, Germany, and more are highlighted as major players in this thriving global market.
15843
Global lamb and sheep meat consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
