Botswana: Goat Meat Market 2020

Goat Meat Market Size in Botswana

The revenue of the goat meat market in Botswana amounted to $X in 2018, growing by X% against the previous year. Over the period under review, the total market indicated a temperate increase from 2007 to 2018: its value decreased 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, goat meat consumption increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2011 when the market value increased by X% year-to-year. In that year, the goat meat market attained its peak level of $X. From 2012 to 2018, the growth of the goat meat market remained at a somewhat lower figure.

Goat Meat Production in Botswana

In value terms, goat meat production totaled $X in 2018 estimated in export prices. In general, goat meat production continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. In that year, goat meat production attained its peak level of $X. From 2012 to 2018, goat meat production growth remained at a lower figure.

Goat Meat Exports

Exports by Country

Australia represented the main exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Ethiopia (X tons), Kenya (X tons) and China (X tons), together constituting a X% share of total exports. The following exporters - Spain (X tons), France (X tons), Tanzania (X tons), Sudan (X tons), Pakistan (X tons), Greece (X tons) and New Zealand (X tons) - together made up X% of total exports.

Exports from Australia increased at an average annual rate of +X% from 2007 to 2018. At the same time, Spain (+X%), Sudan (+X%), Kenya (+X%), Greece (+X%), Ethiopia (+X%), New Zealand (+X%) and Tanzania (+X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. France experienced a relatively flat trend pattern. By contrast, Pakistan (-X%) and China (-X%) illustrated a downward trend over the same period. While the share of Australia (+X p.p.), Ethiopia (+X p.p.), Kenya (+X p.p.), Spain (+X p.p.) and Sudan (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Pakistan (-X p.p.) and China (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest goat meat supplier from Botswana, comprising X% of global exports. The second position in the ranking was occupied by Ethiopia ($X), with a X% share of global exports. It was followed by China, with a X% share.

In Australia, goat meat exports increased at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Ethiopia (+X% per year) and China (+X% per year).

Export Prices by Country

The goat meat export price in Botswana stood at $X per ton in 2018, approximately reflecting the previous year. Over the period under review, the goat meat export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for goat meat attained their peak figure at $X per ton in 2011; however, from 2012 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was China ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2007 to 2018, 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 into Botswana

In 2018, approx. X kg of goat meat were imported into Botswana; remaining relatively unchanged against the previous year. Overall, goat meat imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when imports increased by X% y-o-y. Over the period under review, goat meat imports attained their peak figure at X tons in 2010; however, from 2011 to 2018, imports stood at a somewhat lower figure.

In value terms, goat meat imports stood at $X in 2018. Overall, goat meat imports continue to indicate outstanding growth. The most prominent rate of growth was recorded in 2009 when imports increased by X% year-to-year. Over the period under review, goat meat imports reached their maximum in 2018 and are likely to see steady growth in the immediate term.

Imports by Country

In 2018, the U.S. (X tons) represented the largest importer of goat meat, making up X% of total imports. The United Arab Emirates (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Oman (X%), Taiwan, Chinese (X%) and Canada (X%). Portugal (X tons), South Korea (X tons), Saudi Arabia (X tons), China, Hong Kong SAR (X tons), Vietnam (X tons), Trinidad and Tobago (X tons) and Italy (X tons) took a relatively small share of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, South Korea (+X%), Vietnam (+X%), Portugal (+X%), Canada (+X%), the United Arab Emirates (+X%), Oman (+X%) and Trinidad and Tobago (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. China, Hong Kong SAR, Taiwan, Chinese and Saudi Arabia experienced a relatively flat trend pattern. By contrast, Italy (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.), the United Arab Emirates (+X p.p.), South Korea (+X p.p.), Canada (+X p.p.), Portugal (+X p.p.), Oman (+X p.p.) and Vietnam (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported goat meat into Botswana, comprising X% of global imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global imports. It was followed by China, Hong Kong SAR, with a X% share.

In the U.S., goat meat imports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and China, Hong Kong SAR (+X% per year).

Import Prices by Country

The goat meat import price in Botswana stood at $X per ton in 2018, going up by X% against the previous year. Overall, the goat meat import price continues to indicate an outstanding increase. The growth pace was the most rapid in 2009 when the import price increased by X% y-o-y. Botswana import price peaked in 2018 and is expected to retain its growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was China, Hong Kong SAR ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

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

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Source: IndexBox Platform