Congo: Meat Market 2020

Meat Market Size in Congo

The revenue of the meat market in Congo amounted to $X in 2018, jumping by X% against the previous year. In general, the total market indicated a strong 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, meat consumption increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Congo meat consumption peaked in 2018 and is likely to see steady growth in the near future.

Meat Production in Congo

In value terms, meat production stood at $X in 2018 estimated in export prices. In general, the total output indicated a strong 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, meat production increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, meat production reached its peak figure level in 2018 and is likely to see steady growth in the immediate term.

In 2018, the average meat yield in Congo amounted to X kg per head, stabilizing at the previous year. Over the period under review, the meat yield continues to indicate a relatively flat trend pattern.

The number of animals slaughtered for meat production in Congo amounted to X head in 2018, approximately mirroring the previous year. In general, the number of animals slaughtered for meat production continues to indicate a relatively flat trend pattern.

Meat Exports

Exports from Congo

In 2018, approx. X tons of meat were exported from Congo; rising by X% against the previous year. In general, meat exports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Congo exports peaked at X tons in 2011; however, from 2012 to 2018, exports remained at a lower figure.

In value terms, meat exports totaled $X in 2018. Over the period under review, meat exports continue to indicate a temperate expansion. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Over the period under review, meat exports attained their peak figure at $X in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, the U.S. (X tons), Germany (X tons), Spain (X tons), Brazil (X tons), Australia (X tons), the Netherlands (X tons), Denmark (X tons), India (X tons), Canada (X tons), Poland (X tons), Belgium (X tons) and New Zealand (X tons) were the main exporters of meat in the world, comprising X% of total export.

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) 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 Germany, the Netherlands, Spain, New Zealand, Canada, India, Denmark, Poland, Belgium and Congo, which together accounted for a further X terms of the main exporting countries, India recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The meat export price in Congo stood at $X per ton in 2018, falling by -X% against the previous year. Over the period under review, the meat export price continues to indicate an abrupt curtailment. The growth pace was the most rapid in 2012 when the export price increased by X% year-to-year. In that year, the export prices for meat attained their peak level of $X per ton. From 2013 to 2018, the growth in terms of the export prices for meat remained at a somewhat lower figure.

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

Meat Imports

Imports into Congo

In 2018, the amount of meat imported into Congo stood at X tons, going down by -X% against the previous year. Over the period under review, meat imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, meat imports attained their peak figure at X tons in 2017, and then declined slightly in the following year.

In value terms, meat imports totaled $X in 2018. In general, meat imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Congo imports peaked at $X in 2015; however, from 2016 to 2018, imports remained at a lower figure.

Imports by Country

China (X tons), Japan (X tons), the U.S. (X tons), Italy (X tons), Germany (X tons), Mexico (X tons), South Korea (X tons), China, Hong Kong SAR (X tons), Vietnam (X tons), the UK (X tons), Poland (X tons) and the Netherlands (X tons) represented roughly X% of total imports of meat in 2018.

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

In value terms, Japan ($X), the U.S. ($X) and China ($X) were the countries with the highest levels of imports in 2018, together comprising X% of total imports. Germany, Italy, South Korea, China, Hong Kong SAR, the UK, the Netherlands, Vietnam, Mexico, Poland and Congo lagged somewhat behind, together accounting for a further X terms of the main importing countries, Vietnam experienced 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

In 2018, the meat import price in Congo amounted to $X per ton, coming down by -X% against the previous year. Overall, the meat import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% against the previous year. Congo import price peaked at $X per ton in 2013; however, from 2014 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 ($X per ton), while Mexico ($X per ton) was amongst the lowest.

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

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Source: IndexBox Platform