Equatorial Guinea: Market for Sheep And Goat Meat 2019

Market Size for Sheep And Goat Meat in Equatorial Guinea

The revenue of the sheep and goat meat market in Equatorial Guinea amounted to $X in 2018, approximately mirroring the previous year. Overall, sheep and goat meat consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Equatorial Guinea sheep and goat meat consumption peaked at $X in 2015; however, from 2016 to 2018, consumption remained at a lower figure.

Production of Sheep And Goat Meat in Equatorial Guinea

In value terms, sheep and goat meat production totaled $X in 2018 estimated in export prices. Overall, sheep and goat meat production continues to indicate a notable expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. In that year, sheep and goat meat production reached its peak level of $X, and then declined slightly in the following year.

Exports of Sheep And Goat Meat

Exports from Equatorial Guinea

In 2018, the amount of sheep and goat meat exported from Equatorial Guinea stood at X kg, going up by X% against the previous year. In general, sheep and goat meat exports, however, continue to indicate a sharp deduction. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, sheep and goat meat exports attained their maximum at X kg in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, sheep and goat meat exports totaled $X in 2018. Over the period under review, sheep and goat meat exports, however, continue to indicate a sharp decline. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, sheep and goat meat exports reached their peak figure at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, Australia (X tons) and New Zealand (X tons) represented the main exporters of sheep and goat meatin the world, together creating X% of total exports. It was distantly followed by the UK (X tons), making up a X% share of total exports. Ireland (X tons), Spain (X tons), the Netherlands (X tons) and India (X tons) occupied a relatively small 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 the Netherlands, while the other leaders experienced more modest paces of growth.

In value terms, the largest sheep and goat meat markets from Equatorial Guinea were Australia ($X), New Zealand ($X) and the UK ($X), with a combined X% share of total exports. Ireland, the Netherlands, Spain, India and Equatorial Guinea lagged somewhat behind, together accounting for a further X the main exporting countries, the Netherlands experienced 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

In 2018, the sheep and goat meat export price in Equatorial Guinea amounted to $X per ton, falling by -X% against the previous year. Over the period under review, the sheep and goat meat export price, however, continues to indicate a moderate expansion. The pace of growth was the most pronounced in 2017 an increase of X% y-o-y. In that year, the export prices for sheep and goat meat reached their peak level of $X per ton, and then declined slightly in the following year.

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 Equatorial Guinea

Sheep and goat meat imports into Equatorial Guinea amounted to X tons in 2018, approximately mirroring the previous year. Over the period under review, sheep and goat meat imports, however, continue to indicate an abrupt curtailment. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, sheep and goat meat imports reached their maximum at X tons in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

In value terms, sheep and goat meat imports totaled $X in 2018. Over the period under review, sheep and goat meat imports, however, continue to indicate a slight increase. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, sheep and goat meat imports reached their peak figure at $X in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

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 following importers - 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) - together made up X% 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) appeared to be the countries with the highest levels of imports in 2018, together accounting for X% of total imports. These countries were followed by the UK, Germany, the United Arab Emirates, Saudi Arabia, the Netherlands, Qatar, Japan, Malaysia, Canada and Equatorial Guinea, which together accounted for a further X terms of the main importing countries, Qatar recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the sheep and goat meat import price in Equatorial Guinea amounted to $X per ton, falling by -X% against the previous year. In general, the import price indicated strong growth from 2007 to 2018: its price 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 import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 when the import price increased by X% year-to-year. Equatorial Guinea import price peaked 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