Cabo Verde: Market for Sheep And Goat Meat 2019

Market Size for Sheep And Goat Meat in Cabo Verde

The revenue of the sheep and goat meat market in Cabo Verde amounted to $X in 2018, jumping by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2010 when the market value increased by X% against the previous year. Over the period under review, the sheep and goat meat market reached its maximum level in 2018 and is expected to retain its growth in the immediate term.

Production of Sheep And Goat Meat in Cabo Verde

In value terms, sheep and goat meat production amounted to $X in 2018 estimated in export prices. Overall, the total output indicated a resilient increase from 2007 to 2018: its value 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 production increased by +X% against 2013 indices. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, sheep and goat meat production reached its maximum level in 2018 and is likely to see steady growth in the near future.

Exports of Sheep And Goat Meat

Exports from Cabo Verde

In 2018, the amount of sheep and goat meat exported from Cabo Verde amounted to X tons, picking up by X% against the previous year. Over the period under review, sheep and goat meat exports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Cabo Verde exports peaked at X tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, sheep and goat meat exports totaled $X in 2018. In general, sheep and goat meat exports, however, continue to indicate a perceptible expansion. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. Over the period under review, sheep and goat meat exports attained their peak figure at $X in 2013; afterwards, it flattened through to 2018.

Exports by Country

In 2018, Australia (X tons) and New Zealand (X tons) were the largest exporters of sheep and goat meatin the world, together accounting for near X% of total exports. It was distantly followed by the UK (X tons), constituting a X% share of total exports. The following exporters - Ireland (X tons), Spain (X tons), the Netherlands (X tons) and India (X tons) - together made up X% 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 accounting for X% of total exports. Ireland, the Netherlands, Spain, India and Cabo Verde lagged somewhat behind, together accounting for a further X the main exporting countries, the Netherlands experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The sheep and goat meat export price in Cabo Verde stood at $X per ton in 2018, waning by -X% against the previous year. Over the period under review, the sheep and goat meat export price, however, continues to indicate remarkable growth. The most prominent rate of growth was recorded in 2010 when the export price increased by X% year-to-year. Over the period under review, the export prices for sheep and goat meat attained their maximum 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 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 Cabo Verde

In 2018, the imports of sheep and goat meat into Cabo Verde stood at X tons, picking up by X% against the previous year. Overall, sheep and goat meat imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2011 when imports increased by X% year-to-year. Over the period under review, sheep and goat meat imports attained their maximum in 2018 and are likely to see steady growth in the near future.

In value terms, sheep and goat meat imports stood at $X in 2018. Over the period under review, sheep and goat meat imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Cabo Verde imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, China (X tons), distantly followed by the U.S. (X tons), France (X tons) and the UK (X tons) were the main importers of sheep and goat meat, together comprising 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) followed a long way behind the leaders.

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 Cabo Verde 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 Cabo Verde, which together accounted for a further X terms of the main importing countries, Qatar recorded the highest rates of growth with regard to 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 Cabo Verde stood at $X per ton in 2018, growing by X% against the previous year. In general, the sheep and goat meat import price, however, continues to indicate a slight deduction. The pace of growth appeared the most rapid in 2012 an increase of X% against the previous year. Over the period under review, the import prices for sheep and goat meat attained their maximum at $X per ton in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

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.

Source: IndexBox Platform