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Asia-Pacific - Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
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Asia-Pacific: Goat Meat Market Overview 2020

Goat Meat Market Size in Asia-Pacific

The Asia-Pacific goat meat market totaled $X in 2019, surging by X% against the previous year. The total consumption indicated a strong expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level in 2019 and is likely to see steady growth in years to come.

Goat Meat Production in Asia-Pacific

In value terms, goat meat production soared to $X in 2019 estimated in export prices. In general, production showed a buoyant increase. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, production hit record highs in 2019 and is expected to retain growth in the near future.

China (X tonnes) remains the largest goat meat producing country in Asia-Pacific, comprising approx. X% of total volume. Moreover, goat meat production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), fivefold. The third position in this ranking was occupied by Pakistan (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume in China totaled +X%. In the other countries, the average annual rates were as follows: India (-X% per year) and Pakistan (+X% per year).

In 2019, the average goat meat yield in Asia-Pacific reached X kg per head, standing approx. at 2018. Over the period under review, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the yield increased by X% y-o-y. The level of yield peaked in 2019 and is likely to see gradual growth in the near future.

In 2019, the number of animals slaughtered for goat meat production in Asia-Pacific totaled X heads, surging by X% compared with the previous year. This number increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2009 when the number of producing animals increased by X% year-to-year. The level of producing animals peaked at X heads in 2016; however, from 2017 to 2019, producing animals remained at a lower figure.

Production By Country in Asia-Pacific

The country with the largest volume of goat meat production was China (X tonnes), comprising approx. X% of total volume. Moreover, goat meat production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), fivefold. Pakistan (X tonnes) ranked third in terms of total production with a X% share.

In China, goat meat production expanded at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: India (-X% per year) and Pakistan (+X% per year).

Goat Meat Exports

Exports in Asia-Pacific

In 2019, overseas shipments of goat meat increased by X% to X tonnes for the first time since 2014, thus ending a four-year declining trend. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when exports increased by X% against the previous year. The volume of export peaked at X tonnes in 2014; however, from 2015 to 2019, exports failed to regain the momentum.

In value terms, goat meat exports rose markedly to $X in 2019. Over the period under review, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Australia dominates goat meat exports structure, recording X tonnes, which was approx. X% of total exports in 2019. It was distantly followed by China (X tonnes), making up a X% share of total exports. New Zealand (X tonnes), Pakistan (X tonnes) and Thailand (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, average annual rates of growth with regard to goat meat exports from Australia stood at +X%. At the same time, Thailand (+X%) and New Zealand (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +X% from 2007-2019. By contrast, Pakistan (-X%) and China (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Australia and Thailand increased by +X% and +X% percentage points, while Pakistan (-X p.p.) and China (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest goat meat supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports. It was followed by Pakistan, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value in Australia amounted to +X%. In the other countries, the average annual rates were as follows: China (-X% per year) and Pakistan (-X% per year).

Export Prices by Country

In 2019, the goat meat export price in Asia-Pacific amounted to $X per tonne, growing by X% against the previous year. In general, the export price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2010 when the export price increased by X% y-o-y. The level of export peaked at $X per tonne in 2017; however, from 2018 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was China ($X per tonne), while Thailand ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Goat Meat Imports

Imports in Asia-Pacific

In 2019, imports of goat meat in Asia-Pacific reduced to X tonnes, waning by -X% compared with 2018. The total import volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when imports increased by X% year-to-year. As a result, imports attained the peak of X tonnes. From 2015 to 2019, the growth imports remained at a lower figure.

In value terms, goat meat imports fell to $X in 2019. Over the period under review, imports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Taiwan, Chinese (X tonnes), Viet Nam (X tonnes), South Korea (X tonnes) and China, Hong Kong SAR (X tonnes) represented the largest importer of goat meat in Asia-Pacific, mixing up X% of total import. It was distantly followed by Japan (X tonnes), creating a X% share of total imports. China (X tonnes), China, Macao SAR (X tonnes), India (X tonnes), Sri Lanka (X tonnes), Malaysia (X tonnes) and the Philippines (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the biggest increases were in India, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Taiwan, Chinese ($X), South Korea ($X) and China, Hong Kong SAR ($X) appeared to be the countries with the highest levels of imports in 2019, together comprising X% of total imports. These countries were followed by Japan, Viet Nam, China, Macao SAR, China, Malaysia, Sri Lanka, the Philippines and India, which together accounted for a further X recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the goat meat import price in Asia-Pacific amounted to $X per tonne, falling by -X% against the previous year. Import price indicated a moderate expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, goat meat import price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. The level of import peaked at $X per tonne in 2017; however, from 2018 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was China, Macao SAR ($X per tonne), while Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, Macao SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for goat meat in Asia-Pacific?
+
China (2.4M tonnes) remains the largest goat meat consuming country in Asia-Pacific, comprising approx. 61% of total volume. Moreover, goat meat consumption in China exceeded the figures recorded by the second-largest consumer, India (502K tonnes), fivefold. The third position in this ranking was occupied by Pakistan (352K tonnes), with a 9.1% share.
What are the largest producers of goat meat in Asia-Pacific?
+
China (2.4M tonnes) constituted the country with the largest volume of goat meat production, accounting for 61% of total volume. Moreover, goat meat production in China exceeded the figures recorded by the second-largest producer, India (502K tonnes), fivefold. The third position in this ranking was occupied by Pakistan (353K tonnes), with a 9.1% share.
What are the leading suppliers of goat meat in Asia-Pacific?
+
In value terms, Australia ($148M) remains the largest goat meat supplier in Asia-Pacific, comprising 80% of total exports. The second position in the ranking was occupied by China ($21M), with a 11% share of total exports. It was followed by Pakistan, with a 4.3% share.
What are the leading importers of goat meat in Asia-Pacific?
+
In value terms, the largest goat meat importing markets in Asia-Pacific were Taiwan, Chinese ($12M), South Korea ($9.4M) and China, Hong Kong SAR ($6.4M), with a combined 64% share of total imports. These countries were followed by Japan, Viet Nam, China, Macao SAR, China, Malaysia, Sri Lanka, the Philippines and India, which together accounted for a further 32%.
What is the average export price for goat meat in Asia-Pacific?
+
In 2019, the goat meat export price in Asia-Pacific amounted to $6,775 per tonne, rising by 6.3% against the previous year.
What is the average import price for goat meat in Asia-Pacific?
+
In 2019, the goat meat import price in Asia-Pacific amounted to $4,887 per tonne, reducing by -2.2% against the previous year.

Product coverage:
• FCL 1017 - Goat meat

This report provides an in-depth analysis of the goat meat market in Asia-Pacific. 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 2025.


Country coverage:
• Brunei Darussalam
• Cambodia
• China, Hong Kong SAR
• China, Macao SAR
• Cook Islands
• French Polynesia
• Kiribati
• Maldives
• Marshall Islands
• Micronesia (Federated States of)
• New Caledonia
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Taiwan, Chinese
• Tokelau
• Tonga
• Tuvalu
• Wallis and Futuna Islands
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia-Pacific, split by region and country
• Trade (exports and imports) in Asia-Pacific
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Australia
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• China, Hong Kong SAR
• China, Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• India
• Indonesia
• Japan
• Kiribati
• Malaysia
• Maldives
• Marshall Islands
• Micronesia (Federated States of)
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Pakistan
• Palau
• Papua New Guinea
• Philippines
• Samoa
• Singapore
• Solomon Islands
• South Korea
• Sri Lanka
• Taiwan, Chinese
• Thailand
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Viet Nam
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Producing Animals, By Country, 2007–2019
Table 7:
Yield, By Country, 2007–2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Producing Animals, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Producing Animals, By Country, 2019
Figure 24:
Producing Animals, By Country, 2007–2019
Figure 25:
Yield, By Country, 2007–2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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