Belgium: Goat Meat Market 2024

Goat Meat Market Size in Belgium

In 2022, the Belgian goat meat market decreased by X% to $X, falling for the fourth consecutive year after three years of growth. In general, consumption, however, enjoyed a remarkable increase. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Goat Meat Production in Belgium

In value terms, goat meat production shrank to $X in 2022 estimated in export price. Overall, production, however, showed a perceptible expansion. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

The average yield of goat meat in Belgium amounted to X kg per head in 2022, with an increase of X% compared with the previous year's figure. The yield figure increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X%. The goat meat yield peaked at X kg per head in 2019; however, from 2020 to 2022, the yield failed to regain momentum.

In 2022, the number of animals slaughtered for goat meat production in Belgium dropped to X heads, waning by X% on 2021. In general, the number of producing animals, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The number of animals slaughtered for goat meat production peaked at X heads in 2021, and then dropped in the following year.

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Goat Meat Exports

Exports from Belgium

For the third year in a row, Belgium recorded growth in overseas shipments of goat meat, which increased by X% to X tons in 2022. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, goat meat exports soared to $X in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The UK (X tons) was the main destination for goat meat exports from Belgium, with a X% share of total exports. Moreover, goat meat exports to the UK exceeded the volume sent to the second major destination, the Netherlands (X tons), sixfold. The third position in this ranking was taken by Luxembourg (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the UK totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Luxembourg (X% per year).

In value terms, the UK ($X) remains the key foreign market for goat meat exports from Belgium, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by Luxembourg, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the UK totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Luxembourg (X% per year).

Export Prices by Country

In 2022, the average goat meat export price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (X%), while the prices for the other major destinations experienced a decline.

Goat Meat Imports

Imports into Belgium

In 2022, approx. X tons of goat meat were imported into Belgium; surging by X% against 2021 figures. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, goat meat imports expanded rapidly to $X in 2022. In general, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Italy (X tons) and France (X tons) were the main suppliers of goat meat imports to Belgium, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X) constituted the largest supplier of goat meat to Belgium, comprising X% of total imports. The second position in the ranking was taken by France ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Italy (X% per year).

Import Prices by Country

The average goat meat import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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