Sheep and Goat Meat Market
Sheep and goat meat market: download newly released statistics empowered by an Ai-driven market intelligence tool. Facts and figures contain market prices, market size, production, imports, consumption, exports, trade, and companies. There is a split by country, including the U.K., the U.S., EU, Latin America, China, Russia, Africa, and the Middle East. Market dynamics and forecast to 2030 are also featured in the snapshots.
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Sheep and Goat Meat - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | Pakistan |
3 | India |
4 | Algeria |
5 | Iran |
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 rate of growth in terms of value in China totaled +6.7%. The remaining consuming countries recorded the following average annual rates of market growth: Pakistan (+5.4% per year) and India (+0.9% per year).
Sheep And Goat Meat Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Spain | 5146 | 5071 | 5312 | 1.6% |
Australia | 5690 | 5832 | 5902 | 1.8% |
New Zealand | 6470 | 6586 | 6320 | -1.2% |
United Kingdom | 5946 | 5430 | 6547 | 4.9% |
Ireland | 6774 | 6458 | 6893 | 0.9% |
Netherlands | 9055 | 8296 | 8538 | -2.9% |
Average | 6066 | 6098 | 6200 | 1.1% |
Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($8,538 per ton), while Spain ($5,312 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the UK, 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 | ||||
Netherlands | 9820 | 9236 | 9313 | -2.6% |
Belgium | 9903 | 9021 | 9081 | -4.2% |
Germany | 9935 | 9079 | 8932 | -5.2% |
Japan | 7785 | 8170 | 8466 | 4.3% |
United States | 7847 | 8276 | 7604 | -1.6% |
Canada | 7635 | 7485 | 7466 | -1.1% |
United Kingdom | 6469 | 6298 | 6788 | 2.4% |
Qatar | 6774 | 6918 | 6685 | -0.7% |
France | 6691 | 5966 | 6608 | -0.6% |
United Arab Emirates | 5932 | 6171 | 6064 | 1.1% |
Iran | 6830 | 4806 | 5637 | -9.2% |
Malaysia | 4920 | 5184 | 5444 | 5.2% |
China | 4114 | 4740 | 4744 | 7.4% |
Average | 6143 | 6120 | 6164 | 0.2% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the Netherlands ($9,313 per ton), while China ($4,744 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.
Sheep and Goat Meat - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
China | 1.3 | 1.9 | 1.9 | 19.1% |
United States | 1 | 1.1 | 1 | 0.3% |
France | 0.6 | 0.5 | 0.5 | -4.5% |
Germany | 0.4 | 0.4 | 0.4 | -2.1% |
United Kingdom | 0.5 | 0.4 | 0.4 | -10.1% |
In value terms, the largest sheep and goat meat importing markets worldwide were China ($1.9B), the United States ($1B) and France ($532M), with a combined 45% share of global imports.
China saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Sheep and Goat Meat - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Australia | 2.8 | 3 | 2.6 | -3.0% |
New Zealand | 2.6 | 2.6 | 2.5 | -2.0% |
United Kingdom | 0.5 | 0.5 | 0.6 | 8.8% |
Ireland | 0.4 | 0.3 | 0.4 | 4.1% |
Netherlands | 0.1 | 0.2 | 0.3 | 37.6% |
In value terms, the largest sheep and goat meat supplying countries worldwide were Australia ($2.6B), New Zealand ($2.5B) and the UK ($569M), with a combined 77% share of global exports. These countries were followed by Ireland, the Netherlands and Spain, which together accounted for a further 12%.
The Netherlands recorded the highest rates of growth with regard to 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.
Sheep and Goat Meat - Market Forecast
Driven by increasing demand for sheep and goat meat worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, 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.
Sheep and 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
Sheep and Goat Meat - Product Coverage
- HS 020450 - Meat; of goats, fresh, chilled or frozen
- HS 020410 - Meat; of sheep, lamb carcasses and half-carcasses, fresh or chilled
- HS 020421 - Meat; of sheep, carcasses and half-carcasses (excluding carcasses and half-carcasses of lamb), fresh or chilled
- HS 020422 - Meat; of sheep (including lamb), cuts with bone in (excluding carcasses and half-carcasses), fresh or chilled
- HS 020423 - Meat; of sheep (including lamb), boneless cuts, fresh or chilled
- HS 020430 - Meat; of sheep, lamb carcasses and half-carcasses, frozen
- HS 020441 - Meat; of sheep, carcasses and half-carcasses (excluding carcasses and half-carcasses of lamb), frozen
- HS 020442 - Meat; of sheep (including lamb), cuts with bone in (excluding carcasses and half-carcasses), frozen
- HS 020443 - Meat; of sheep (including lamb), boneless cuts, frozen
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