Gabon: Beef Market 2020

Beef Market Size in Gabon

The revenue of the beef market in Gabon amounted to $X in 2018, surging by X% against the previous year. Over the period under review, beef consumption, however, continues to indicate a strong expansion. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Gabon beef consumption peaked at $X in 2015; however, from 2016 to 2018, consumption failed to regain its momentum.

Beef Production in Gabon

In value terms, beef production amounted to $X in 2018 estimated in export prices. In general, the total output indicated buoyant 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 2007 indices. The pace of growth was the most pronounced in 2012 when production volume increased by X% year-to-year. Over the period under review, beef production attained its peak figure level in 2018 and is likely to see steady growth in the immediate term.

Beef Exports

Exports from Gabon

In 2018, approx. X tons of beef (cattle meat) were exported from Gabon; surging by X% against the previous year. In general, beef exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2014 when exports increased by X% y-o-y. Gabon exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, beef exports totaled $X in 2018. In general, beef exports continue to indicate a strong increase. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Gabon exports peaked in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

Brazil (X tons), India (X tons), Australia (X tons) and the U.S. (X tons) represented roughly X% of total exports of beef (cattle meat) in 2018. It was distantly followed by the Netherlands (X tons), mixing up a X% share of total exports. The following exporters - New Zealand (X tons), Poland (X tons), Ireland (X tons), Canada (X tons), Argentina (X tons), Germany (X tons) and Uruguay (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 Gabon, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Australia ($X) and Brazil ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. India, the Netherlands, Ireland, New Zealand, Argentina, Canada, Poland, Germany, Uruguay and Gabon lagged somewhat behind, together comprising a further X the main exporting countries, Gabon recorded the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The beef export price in Gabon stood at $X per ton in 2018, rising by X% against the previous year. Over the period under review, the export price indicated a remarkable increase from 2007 to 2018: its price 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 export price increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2012 when the export price increased by X% y-o-y. Gabon export price peaked in 2018 and is likely to see steady growth in the near future.

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

Beef Imports

Imports into Gabon

Beef imports into Gabon amounted to X tons in 2018, declining by -X% against the previous year. In general, the total imports indicated a slight expansion from 2007 to 2018: its volume 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 imports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Gabon imports peaked at X tons in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

In value terms, beef imports amounted to $X in 2018. In general, beef imports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Gabon imports peaked at $X in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

Imports by Country

The countries with the highest levels of beef imports in 2018 were the U.S. (X tons), Vietnam (X tons), China (X tons), Japan (X tons), South Korea (X tons), China, Hong Kong SAR (X tons), the Netherlands (X tons), Italy (X tons), Germany (X tons), Russia (X tons), the UK (X tons) and France (X tons), together reaching X% 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 Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, the largest beef importing markets into Gabon were the U.S. ($X), Japan ($X) and China ($X), with a combined X% share of total imports. South Korea, Vietnam, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, France, Russia and Gabon 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-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The beef import price in Gabon stood at $X per ton in 2018, going up by X% against the previous year. In general, the import price indicated resilient growth from 2007 to 2018: its price 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 import price increased by +X% against 2016 indices. The growth pace was the most rapid in 2010 when the import price increased by X% against the previous year. In that year, the import prices for beef (cattle meat) reached their peak level of $X per ton. From 2011 to 2018, the growth in terms of the import prices for beef (cattle meat) remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per ton), while Vietnam ($X per ton) 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 Platform