Angola - Goat Meat - Market Analysis, Forecast, Size, Trends and Insights

Angola: Goat Meat Market Overview 2019

Goat Meat Market Size in Angola

The revenue of the goat meat market in Angola amounted to $X in 2017, shrinking by -X% against the previous year. Overall, goat meat consumption continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2011, when it surged by X% y-o-y. The goat meat consumption peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Goat Meat Production in Angola

In 2017, production of goat meat in Angola amounted to X tonnes, surging by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013, when the output figure increased by X% y-o-y. The goat meat production peaked in 2017, and is expected to retain its growth in the immediate term. Goat meat output in Angola indicated a temperate expansion, which was largely conditioned by a moderate increase of the producing animals and a relatively flat trend pattern in yield figures.

Average yield of goat meat in Angola stood at X kg per head in 2017, approximately equating the previous year. In general, goat meat yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017, when it surged by X% year-to-year. Over the period under review, the average goat meat yield reached its maximum level of X kg per head in 2007; afterwards, it flattened through to 2017.

The number of animals slaughtered for goat meat production in Angola totaled X heads in 2017, surging by X% against the previous year. This number increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2013, with an increase of X% year-to-year. Over the period under review, this number reached its maximum figure in 2017, and is expected to retain its growth in the near future.

Goat Meat Exports

Goat Meat Imports

Imports into Angola

In 2017, the amount of goat meat imported into Angola totaled X tonnes, going up by X% against the previous year. Overall, goat meat imports continue to indicate a pronounced drop. The pace of growth was the most pronounced in 2017, when imports increased by X% y-o-y. Over the period under review, the goat meat imports reached its maximum volume of X tonnes in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, goat meat imports amounted to $X in 2017. Overall, goat meat imports continue to indicate a pronounced reduction. Over the period under review, the goat meat imports reached its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Imports by Country

In 2017, Australia (X tonnes) constituted the largest supplier of goat meat to Angola, with a X% share of total imports. Moreover, goat meat imports from Australia exceeded the figures recorded by the second largest supplier, Portugal (X tonnes), fourfold. The Netherlands (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2017, the average annual growth rate of volume from Australia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-X% per year) and the Netherlands (+X% per year).

In value terms, Australia ($X) constituted the largest supplier of goat meat to Angola, making up X% of total goat meat imports. The second position in the ranking was occupied by Portugal ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

From 2007 to 2017, the average annual growth rate of value from Australia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-X% per year) and Argentina (-X% per year).

Import Prices by Country

In 2017, the average goat meat import price amounted to $X per tonne, shrinking by -X% against the previous year. In general, goat meat import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, an increase of X% y-o-y. The import price peaked of $X per tonne in 2016, and then declined slightly in the following year.

Import prices varied noticeably by the country of origin; the country with the highest import price was Portugal ($X per tonne), while price for Spain ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Argentina (+X% per year), the import prices for other major suppliers experienced a decline.

Source: IndexBox AI Platform