Report Update Apr 1, 2024

Azerbaijan - Sheep and Goat Meat - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Market for Sheep And Goat Meat 2022

Market Size for Sheep And Goat Meat in Azerbaijan

In 2021, after two years of growth, there was significant decline in the Azerbaijani sheep and goat meat market, when its value decreased by -X% to $X. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Sheep And Goat Meat in Azerbaijan

In value terms, sheep and goat meat production reduced slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then shrank slightly in the following year.

Exports of Sheep And Goat Meat

Exports from Azerbaijan

In value terms, sheep and goat meat exports stood at less than $X in 2021. Overall, exports recorded a dramatic descent. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for sheep and goat meat exports from Azerbaijan, with a approx. X% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to the United Arab Emirates totaled -X%.

In value terms, the United Arab Emirates ($X) also remains the key foreign market for sheep and goat meat exports from Azerbaijan.

From 2012 to 2019, the average annual growth rate of value to the United Arab Emirates amounted to -X%.

Export Prices by Country

In 2019, the average sheep and goat meat export price amounted to $X per ton, reducing by -X% against the previous year. Overall, the export price showed a deep setback. The export price peaked at $X per ton in 2018, and then declined in the following year.

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

From 2012 to 2019, the rate of growth in terms of prices for the United Arab Emirates amounted to -X% per year.

Imports of Sheep And Goat Meat

Imports into Azerbaijan

Sheep and goat meat imports into Azerbaijan declined sharply to X kg in 2021, falling by -X% compared with the previous year. Overall, imports faced a precipitous decline. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, sheep and goat meat imports shrank sharply to $X in 2021. In general, imports saw a significant decline. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Luxembourg (X kg) was the main supplier of sheep and goat meat to Azerbaijan, accounting for a approx. X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Luxembourg stood at -X%.

In value terms, Luxembourg ($X) constituted the largest supplier of sheep and goat meat to Azerbaijan.

From 2012 to 2021, the average annual growth rate of value from Luxembourg amounted to -X%.

Import Prices by Country

In 2021, the average sheep and goat meat import price amounted to $X per ton, shrinking by -X% against the previous year. Overall, the import price saw a abrupt contraction. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Luxembourg.

From 2012 to 2021, the rate of growth in terms of prices for Luxembourg amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China constituted the country with the largest volume of sheep and goat meat consumption, comprising approx. 33% of total volume. Moreover, sheep and goat meat consumption in China exceeded the figures recorded by the second-largest consumer, India, sevenfold. The third position in this ranking was held by Pakistan, with a 4.7% share.

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

The country with the largest volume of sheep and goat meat production was China, accounting for 31% of total volume. Moreover, sheep and goat meat production in China exceeded the figures recorded by the second-largest producer, India, sixfold. Pakistan ranked third in terms of total production with a 4.7% share.

What are the leading suppliers of sheep and goat meat to Azerbaijan?

In value terms, the largest sheep and goat meat suppliers to Azerbaijan were Luxembourg, Turkey and Saudi Arabia, together comprising 75% of total imports. Australia, Mongolia and Russia lagged somewhat behind, together comprising a further 25%.

What are the leading importers of sheep and goat meat from Azerbaijan?

In value terms, Qatar emerged as the key foreign market for sheep and goat meat exports from Azerbaijan.

What is the average export price for sheep and goat meat in Azerbaijan?

The average sheep and goat meat export price stood at $16,622 per ton in 2022, with an increase of 139% against the previous year.

What is the average import price for sheep and goat meat in Azerbaijan?

In 2022, the average sheep and goat meat import price amounted to $4,669 per ton, waning by -51.6% against the previous year.

This report provides an in-depth analysis of the market for sheep and goat meat in Azerbaijan. 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

Country coverage:

Azerbaijan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Azerbaijan
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023