United Kingdom - Sheep And Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Sheep and Goat Meat in the UK - 2023
Contents:
- Price for Sheep and Goat Meat in the UK (FOB) - 2022
- Price for Sheep and Goat Meat in the UK (CIF) - 2022
- Exports of Sheep and Goat Meat in the UK
- Imports of Sheep and Goat Meat in the UK
Price for Sheep and Goat Meat in the UK (FOB) - 2022
The average sheep and goat meat export price stood at $8,076 per ton in 2022, declining by -6.1% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 export price increased by +50.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 34% against the previous year. As a result, the export price attained the peak level of $8,598 per ton, and then fell in the following year.
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 Belgium ($9,918 per ton), while the average price for exports to Hong Kong SAR ($5,696 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 Hong Kong SAR (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Sheep and Goat Meat in the UK (CIF) - 2022
The average sheep and goat meat import price stood at $7,703 per ton in 2022, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 19%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from New Zealand ($8,430 per ton) and Australia ($8,207 per ton), while the price for Ireland ($5,697 per ton) and Spain ($6,889 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Sheep and Goat Meat in the UK
In 2022, overseas shipments of sheep and goat meat increased by 7.4% to 75K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a deep reduction.
In value terms, sheep and goat meat exports stood at $609M in 2022. The total export value increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Sheep and Goat Meat in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 216 | 226 | 313 | 282 | 9.3% |
| Germany | 88.9 | 98.9 | 112 | 107 | 6.4% |
| Belgium | 55.1 | 64.3 | 68.7 | 70.9 | 8.8% |
| Ireland | 44.1 | 55.2 | 33.8 | 46.3 | 1.6% |
| Italy | 32.1 | 38.4 | 19.2 | 20.4 | -14.0% |
| Netherlands | 30.9 | 23.4 | 20.1 | 11.5 | -28.1% |
| Hong Kong SAR | 4.3 | 7.6 | 7.7 | 2.5 | -16.5% |
| Others | 38.7 | 50.7 | 29.1 | 68.5 | 21.0% |
| Total | 510 | 565 | 604 | 609 | 6.1% |
Top Export Markets for Sheep and Goat Meat from the UK in 2022:
- France (34.8K tons)
- Germany (13.3K tons)
- Belgium (7.1K tons)
- Ireland (6.6K tons)
- Italy (2.5K tons)
- Netherlands (1.7K tons)
- Hong Kong SAR (0.4K tons)
Imports of Sheep and Goat Meat in the UK
In 2022, after two years of decline, there was significant growth in supplies from abroad of sheep and goat meat, when their volume increased by 15% to 56K tons. Overall, imports, however, saw a pronounced contraction.
In value terms, sheep and goat meat imports soared to $429M in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sheep and Goat Meat in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 269 | 276 | 255 | 274 | 0.6% |
| Australia | 44.3 | 58.8 | 67.2 | 78.6 | 21.1% |
| Ireland | 48.3 | 39.5 | 19.1 | 53.7 | 3.6% |
| Spain | 9.6 | 7.7 | 8.4 | 10.3 | 2.4% |
| Netherlands | 14.1 | 12.6 | 8.0 | 2.7 | -42.4% |
| Others | 14.9 | 14.4 | 10.0 | 9.9 | -12.7% |
| Total | 400 | 409 | 368 | 429 | 2.4% |
Top Suppliers of Sheep and Goat Meat to the UK in 2022:
- New Zealand (32.5K tons)
- Australia (9.6K tons)
- Ireland (9.4K tons)
- Spain (1.5K tons)
- Netherlands (0.6K tons)
This report provides an in-depth analysis of the market for sheep and goat meat in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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Global goat meat consumption amounted to X thousand tons in 2015, leveling off at the previous year level.
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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
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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
