Estonia: Overview of the Market for Sheep And Goat Meat 2019

Market Size for Sheep And Goat Meat in Estonia

The revenue of the sheep and goat meat market in Estonia amounted to $X in 2018, going up by X% against the previous year. In general, the total market indicated a remarkable 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, sheep and goat meat consumption increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2008 when the market value increased by X% year-to-year. Over the period under review, the sheep and goat meat market reached its peak figure level in 2018 and is likely to see steady growth in the near future.

Production of Sheep And Goat Meat in Estonia

In value terms, sheep and goat meat production stood at $X in 2018 estimated in export prices. Over the period under review, the total output indicated a perceptible 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 production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. In that year, sheep and goat meat production attained its peak level of $X. From 2009 to 2018, sheep and goat meat production growth remained at a somewhat lower figure.

Exports of Sheep And Goat Meat

Exports from Estonia

In 2018, the amount of sheep and goat meat exported from Estonia totaled X tonnes, falling by -X% against the previous year. Over the period under review, sheep and goat meat exports, however, continue to indicate a moderate increase. The pace of growth was the most pronounced in 2014 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, sheep and goat meat exports totaled $X in 2018. In general, sheep and goat meat exports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. In that year, sheep and goat meat exports reached their peak of $X, and then declined slightly in the following year.

Imports of Sheep And Goat Meat

Imports into Estonia

Sheep and goat meat imports into Estonia totaled X tonnes in 2018, picking up by X% against the previous year. In general, sheep and goat meat imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, sheep and goat meat imports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, sheep and goat meat imports totaled $X in 2018. Over the period under review, sheep and goat meat imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Over the period under review, sheep and goat meat imports attained their maximum at $X in 2017, and then declined slightly in the following year.

Source: IndexBox AI Platform