Chad: Beef Market Overview 2020

Beef Market Size in Chad

The revenue of the beef market in Chad amounted to $X in 2018, increasing by X% against the previous year. In general, the total market indicated a prominent expansion 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, beef consumption increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2011 when the market value increased by X% year-to-year. Over the period under review, the beef market reached its maximum level in 2018 and is expected to retain its growth in the immediate term.

Beef Production in Chad

In value terms, beef production amounted to $X in 2018 estimated in export prices. In general, the total output indicated resilient growth 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, beef production increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2011 when production volume increased by X% against the previous year. Chad beef production peaked in 2018 and is likely to see steady growth in the near future.

Beef Exports

Exports from Chad

In 2018, the amount of beef (cattle meat) exported from Chad totaled X kg, remaining stable against the previous year. Overall, beef exports continue to indicate a relatively flat trend pattern. Over the period under review, beef exports reached their peak figure at X kg in 2011; however, from 2012 to 2018, exports remained at a lower figure.

In value terms, beef exports amounted to $X in 2018. Over the period under review, beef exports continue to indicate a relatively flat trend pattern. Over the period under review, beef exports attained their maximum at $X in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

Exports by Country

The countries with the highest levels of beef exports in 2018 were Brazil (X tonnes), India (X tonnes), Australia (X tonnes) and the U.S. (X tonnes), together accounting for X% of total export. It was distantly followed by the Netherlands (X tonnes), constituting a X% share of total exports. New Zealand (X tonnes), Poland (X tonnes), Ireland (X tonnes), Canada (X tonnes), Argentina (X tonnes), Germany (X tonnes) and Uruguay (X tonnes) took a minor 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 India, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Australia ($X) and Brazil ($X) were the countries with the highest levels of exports in 2018, together comprising X% of total exports. India, the Netherlands, Ireland, New Zealand, Argentina, Canada, Poland, Germany and Uruguay lagged somewhat behind, together comprising a further X the main exporting countries, India recorded 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 beef export price in Chad stood at $X per tonne in 2018, approximately mirroring the previous year. Overall, the beef export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for beef (cattle meat) attained their peak figure at $X per tonne in 2011; however, from 2012 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while India ($X per tonne) was amongst the lowest.

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

Beef Imports

Imports into Chad

In 2018, the beef imports into Chad stood at X tonnes, falling by -X% against the previous year. In general, beef imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, beef imports reached their peak figure at X tonnes in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

In value terms, beef imports totaled $X in 2018. In general, beef imports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2017 when imports increased by X% year-to-year. Chad imports peaked at $X in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

Imports by Country

The imports of the twelve major importers of beef (cattle meat), namely the U.S., Viet Nam, China, Japan, South Korea, China, Hong Kong SAR, the Netherlands, Italy, Germany, Russia, the UK and France, represented more than half of total import.

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

In value terms, the U.S. ($X), Japan ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2018, together comprising X% of total imports. These countries were followed by South Korea, Viet Nam, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, France, Russia and Chad, which together accounted for a further X Nam experienced the highest rates of growth with regard to imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the beef import price in Chad amounted to $X per tonne, declining by -X% against the previous year. Overall, the beef import price continues to indicate a deep drop. The pace of growth was the most pronounced in 2017 an increase of X% year-to-year. Over the period under review, the import prices for beef (cattle meat) attained their peak figure at $X per tonne in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per tonne), while Viet Nam ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform