Angola: Goat Meat Market Overview 2021

Goat Meat Market Size in Angola

In 2020, the Angolan goat meat market increased by X% to $X, rising for the third year in a row after ten years of decline. Over the period under review, consumption showed a perceptible downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Goat Meat Production in Angola

In value terms, goat meat production expanded slightly to $X in 2020 estimated in export prices. Overall, production showed a abrupt slump. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% y-o-y. Over the period under review, production reached the peak level at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

In 2020, the average yield of goat meat in Angola totaled X kg per head, remaining relatively unchanged against 2019. In general, the yield saw a relatively flat trend pattern. The goat meat yield peaked at X kg per head in 2007; afterwards, it flattened through to 2020.

In 2020, approx. X heads of animals slaughtered for goat meat production in Angola; increasing by X% on 2019. This number increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. The number of animals slaughtered for goat meat production peaked in 2020 and is expected to retain growth in the immediate term.

Goat Meat Exports

Exports from Angola

In 2020, overseas shipments of goat meat decreased by X% to X kg, falling for the second year in a row after twelve years of growth. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. As a result, exports attained the peak of X kg. from 2019 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, goat meat exports amounted to $X in 2020. In general, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Exports peaked at $X in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The UK (X kg) was the main destination for goat meat exports from Angola, accounting for a approx. X% share of total exports.

From 2007 to 2018, the average annual growth rate of volume to the UK was relatively modest.

From 2007 to 2018, the average annual growth rate of value to the UK was relatively modest.

Export Prices by Country

In 2018, the average goat meat export price amounted to $X per tonne, with an increase of X% against the previous year. Overall, the export price, however, faced a dramatic slump. Over the period under review, average export prices attained the maximum at $X per tonne in 2016; however, from 2017 to 2018, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2007 to 2018, the rate of growth in terms of prices for the UK amounted to X% per year.

Goat Meat Imports

Imports into Angola

In 2020, overseas purchases of goat meat increased by X% to X tonnes, rising for the third year in a row after two years of decline. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, goat meat imports fell slightly to $X in 2020. In general, imports recorded a slight setback. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. Imports peaked at $X in 2011; however, from 2012 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Australia (X tonnes) constituted the largest goat meat supplier to Angola, accounting for a X% share of total imports. Moreover, goat meat imports from Australia exceeded the figures recorded by the second-largest supplier, Argentina (X tonnes), twofold. The third position in this ranking was occupied by Spain (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Australia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+X% per year) and Spain (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value from Australia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+X% per year) and Spain (+X% per year).

Import Prices by Country

The average goat meat import price stood at $X per tonne in 2020, falling by -X% against the previous year. In general, the import price continues to indicate a mild slump. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne. from 2011 to 2020, the growth in terms of the average import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Argentina, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for goat meat in the world?

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China (2.4M tonnes) constituted the country with the largest volume of goat meat consumption, accounting for 37% of total volume. Moreover, goat meat consumption in China exceeded the figures recorded by the second-largest consumer, India (555K tonnes), fourfold. Pakistan (518K tonnes) ranked third in terms of total consumption with a 8.1% share.

What are the largest producers of goat meat in the world?

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China (2.4M tonnes) remains the largest goat meat producing country worldwide, comprising approx. 37% of total volume. Moreover, goat meat production in China exceeded the figures recorded by the second-largest producer, India (555K tonnes), fourfold. Pakistan (518K tonnes) ranked third in terms of total production with a 8.1% share.

What are the leading suppliers of goat meat to Angola?

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In value terms, Australia ($204K) constituted the largest supplier of goat meat to Angola, comprising 62% of total imports. The second position in the ranking was occupied by Argentina ($75K), with a 23% share of total imports. It was followed by Spain, with a 8.6% share.

What is the average export price for goat meat in Angola?

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The average goat meat export price stood at $3,286 per tonne in 2018, rising by 50% against the previous year.

What is the average import price for goat meat in Angola?

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In 2020, the average goat meat import price amounted to $3,750 per tonne, with a decrease of -1.6% against the previous year.