Bhutan: Market for Sheep And Goat Meat 2019

Market Size for Sheep And Goat Meat in Bhutan

The revenue of the sheep and goat meat market in Bhutan amounted to $X in 2018, surging by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2008 when the market value increased by X% against the previous year. Bhutan sheep and goat meat consumption peaked in 2018 and is expected to retain its growth in the near future.

Production of Sheep And Goat Meat in Bhutan

In value terms, sheep and goat meat production amounted to $X in 2018 estimated in export prices. Overall, the total output indicated buoyant growth from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sheep and goat meat production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, sheep and goat meat production attained its maximum level in 2018 and is expected to retain its growth in the near future.

Exports of Sheep And Goat Meat

Exports from Bhutan

In 2018, the exports of sheep and goat meat from Bhutan amounted to X kg, falling by -X% against the previous year. Over the period under review, sheep and goat meat exports continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Over the period under review, sheep and goat meat exports reached their maximum at X kg in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, sheep and goat meat exports amounted to $X in 2018. Overall, sheep and goat meat exports continue to indicate a precipitous decline. The growth pace was the most rapid in 2015 when exports increased by X% year-to-year. Bhutan exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, Australia (X tons) and New Zealand (X tons) represented the main exporters of sheep and goat meatacross the globe, together recording near X% of total exports. It was distantly followed by the UK (X tons), comprising a X% share of total exports. Ireland (X tons), Spain (X tons), the Netherlands (X tons) and India (X tons) occupied a relatively small share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), New Zealand ($X) and the UK ($X) were the countries with the highest levels of exports in 2018, together comprising X% of total exports. These countries were followed by Ireland, the Netherlands, Spain, India and Bhutan, which together accounted for a further X Netherlands recorded the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the sheep and goat meat export price in Bhutan amounted to $X per ton, remaining stable against the previous year. Over the period under review, the export price indicated a conspicuous expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sheep and goat meat export price decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. In that year, the export prices for sheep and goat meat reached their peak level of $X per ton. From 2016 to 2018, the growth in terms of the export prices for sheep and goat meat remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Australia, while the other leaders experienced more modest paces of growth.

Imports of Sheep And Goat Meat

Imports into Bhutan

In 2018, approx. X tons of sheep and goat meat were imported into Bhutan; shrinking by -X% against the previous year. Overall, sheep and goat meat imports continue to indicate a deep decrease. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. In that year, sheep and goat meat imports reached their peak of X tons. From 2009 to 2018, the growth of sheep and goat meat imports failed to regain its momentum.

In value terms, sheep and goat meat imports amounted to $X in 2018. In general, sheep and goat meat imports continue to indicate a moderate reduction. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. In that year, sheep and goat meat imports attained their peak of $X. From 2013 to 2018, the growth of sheep and goat meat imports remained at a somewhat lower figure.

Imports by Country

In 2018, China (X tons), distantly followed by the U.S. (X tons), France (X tons) and the UK (X tons) represented the key importers of sheep and goat meat, together constituting X% of total imports. The United Arab Emirates (X tons), Germany (X tons), Saudi Arabia (X tons), Malaysia (X tons), the Netherlands (X tons), Qatar (X tons), Canada (X tons) and Japan (X tons) occupied a little share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, the largest sheep and goat meat importing markets into Bhutan were the U.S. ($X), China ($X) and France ($X), with a combined X% share of total imports. These countries were followed by the UK, Germany, the United Arab Emirates, Saudi Arabia, the Netherlands, Qatar, Japan, Malaysia, Canada and Bhutan, which together accounted for a further X terms of the main importing countries, Qatar experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The sheep and goat meat import price in Bhutan stood at $X per ton in 2018, growing by X% against the previous year. In general, the sheep and goat meat import price continues to indicate a prominent increase. The growth pace was the most rapid in 2010 when the import price increased by X% against the previous year. Over the period under review, the import prices for sheep and goat meat attained their maximum in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Qatar, while the other leaders experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Source: IndexBox Platform