British Virgin Islands: Overview of the Market for Sheep And Goat Meat 2019

Market Size for Sheep And Goat Meat in British Virgin Islands

The revenue of the sheep and goat meat market in British Virgin Islands amounted to $X in 2018, increasing by X% against the previous year. Over the period under review, sheep and goat meat consumption, however, continues to indicate a perceptible deduction. The pace of growth appeared the most rapid in 2011 when the market value increased by X% y-o-y. In that year, the sheep and goat meat market attained its peak level of $X. From 2012 to 2018, the growth of the sheep and goat meat market failed to regain its momentum.

Production of Sheep And Goat Meat in British Virgin Islands

In value terms, sheep and goat meat production amounted to $X in 2018 estimated in export prices. Overall, sheep and goat meat production continues to indicate a deep decrease. The pace of growth was the most pronounced in 2012 when production volume increased by X% year-to-year. In that year, sheep and goat meat production reached its peak level of $X. From 2013 to 2018, sheep and goat meat production growth remained at a somewhat lower figure.

Exports of Sheep And Goat Meat

Exports from British Virgin Islands

In 2018, the amount of sheep and goat meat exported from British Virgin Islands totaled X kg, declining by -X% against the previous year. Overall, sheep and goat meat exports continue to indicate an abrupt deduction. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. In that year, sheep and goat meat exports attained their peak of X kg. From 2013 to 2018, the growth of sheep and goat meat exports remained at a lower figure.

In value terms, sheep and goat meat exports totaled $X in 2018. Over the period under review, sheep and goat meat exports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. In that year, sheep and goat meat exports reached their peak of $X. From 2013 to 2018, the growth of sheep and goat meat exports remained at a lower figure.

Exports by Country

Australia (X tonnes) and New Zealand (X tonnes) represented roughly X% of total exports of sheep and goat meat in 2018. It was distantly followed by the UK (X tonnes), constituting a X% share of total exports. Ireland (X tonnes), Spain (X tonnes), the Netherlands (X tonnes) and India (X tonnes) followed a long way behind the leaders.

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) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by Ireland, the Netherlands, Spain, India and British Virgin Islands, which together accounted for a further X Netherlands experienced the highest rates of growth with regard to exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The sheep and goat meat export price in British Virgin Islands stood at $X per tonne in 2018, going down by -X% against the previous year. Overall, the sheep and goat meat export price continues to indicate a drastic slump. The growth pace was the most rapid in 2012 when the export price increased by X% against the previous year. In that year, the export prices for sheep and goat meat reached their peak level of $X per tonne. From 2013 to 2018, the growth in terms of the export prices for sheep and goat meat failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per tonne), while Spain ($X per tonne) 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 British Virgin Islands

In 2018, approx. X tonnes of sheep and goat meat were imported into British Virgin Islands; jumping by X% against the previous year. Overall, sheep and goat meat imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. In that year, sheep and goat meat imports attained their peak of X tonnes. From 2012 to 2018, the growth of sheep and goat meat imports failed to regain its momentum.

In value terms, sheep and goat meat imports stood at $X in 2018. In general, the total imports indicated a significant increase from 2007 to 2018: its value increased 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 imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, sheep and goat meat imports attained their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, China (X tonnes), distantly followed by the U.S. (X tonnes), France (X tonnes) and the UK (X tonnes) were the key importers of sheep and goat meat, together comprising X% of total imports. The United Arab Emirates (X tonnes), Germany (X tonnes), Saudi Arabia (X tonnes), Malaysia (X tonnes), the Netherlands (X tonnes), Qatar (X tonnes), Canada (X tonnes) and Japan (X tonnes) held a minor 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 U.S. ($X), China ($X) and France ($X) were the countries with the highest levels of imports in 2018, with a combined X% share of total imports. The UK, Germany, the United Arab Emirates, Saudi Arabia, the Netherlands, Qatar, Japan, Malaysia, Canada and British Virgin Islands lagged somewhat behind, together accounting for a further X experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The sheep and goat meat import price in British Virgin Islands stood at $X per tonne in 2018, increasing by X% against the previous year. Over the period under review, the sheep and goat meat import price continues to indicate measured growth. The pace of growth was the most pronounced in 2012 an increase of X% against the previous year. British Virgin Islands import price peaked at $X per tonne in 2014; however, from 2015 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($X per tonne), while China ($X per tonne) 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.

Source: IndexBox AI Platform