Report Update Apr 1, 2024

Ghana - Sheep and Goat Meat - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Ghana: Market for Sheep And Goat Meat 2022

Market Size for Sheep And Goat Meat in Ghana

The Ghanian sheep and goat meat market rose to $X in 2021, growing by X% against the previous year. Overall, consumption, however, recorded strong growth. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Production of Sheep And Goat Meat in Ghana

In value terms, sheep and goat meat production rose rapidly to $X in 2021 estimated in export price. In general, production, however, saw strong growth. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

In 2021, the average yield of sheep and goat meat in Ghana fell to X kg per head, with a decrease of -X% against the year before. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The sheep and goat meat yield peaked at X kg per head in 2015; however, from 2016 to 2021, the yield remained at a lower figure.

In 2021, number of animals slaughtered for sheep and goat meat production in Ghana expanded significantly to X heads, growing by X% on the previous year. This number increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when the number of producing animals increased by X%. Over the period under review, this number reached the peak level in 2021 and is likely to see gradual growth in the immediate term.

Exports of Sheep And Goat Meat

Exports from Ghana

In 2021, shipments abroad of sheep and goat meat was finally on the rise to reach X kg for the first time since 2016, thus ending a four-year declining trend. Over the period under review, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X kg. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, sheep and goat meat exports skyrocketed to $X in 2021. In general, exports saw significant growth. The growth pace was the most rapid in 2016 when exports increased by X%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire (X kg) was the main destination for sheep and goat meat exports from Ghana, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Cote d'Ivoire amounted to +X%.

In value terms, Cote d'Ivoire ($X) also remains the key foreign market for sheep and goat meat exports from Ghana.

From 2012 to 2021, the average annual rate of growth in terms of value to Cote d'Ivoire amounted to +X%.

Export Prices by Country

The average sheep and goat meat export price stood at $X per ton in 2021, jumping by X% against the previous year. Over the period under review, the export price saw resilient growth. The growth pace was the most rapid in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2021, the rate of growth in terms of prices for Cote d'Ivoire amounted to +X% per year.

Imports of Sheep And Goat Meat

Imports into Ghana

In 2021, supplies from abroad of sheep and goat meat increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, sheep and goat meat imports soared to $X in 2021. Overall, imports, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the UK (X tons) was the main supplier of sheep and goat meat to Ghana, with a X% share of total imports. It was followed by Kenya (X kg), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the UK stood at -X%.

In value terms, the UK ($X) constituted the largest supplier of sheep and goat meat to Ghana, comprising X% of total imports. The second position in the ranking was taken by Kenya ($X), with an X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK was relatively modest.

Import Prices by Country

In 2021, the average sheep and goat meat import price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price saw a buoyant increase. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Kenya ($X per ton), while the price for the UK stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kenya (+X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sheep and goat meat in the world?

The country with the largest volume of sheep and goat meat consumption was China, accounting for 33% of total volume. Moreover, sheep and goat meat consumption in China exceeded the figures recorded by the second-largest consumer, India, sevenfold. The third position in this ranking was held by Pakistan, with a 4.7% share.

What are the largest producers of sheep and goat meat in the world?

China constituted the country with the largest volume of sheep and goat meat production, comprising approx. 31% of total volume. Moreover, sheep and goat meat production in China exceeded the figures recorded by the second-largest producer, India, sixfold. Pakistan ranked third in terms of total production with a 4.7% share.

What are the leading suppliers of sheep and goat meat to Ghana?

In value terms, the UK, Australia and Ireland constituted the largest sheep and goat meat suppliers to Ghana, together accounting for 48% of total imports. The Netherlands, New Zealand, Spain, Belgium and Brazil lagged somewhat behind, together comprising a further 19%.

What are the leading importers of sheep and goat meat from Ghana?

In value terms, Namibia $793) emerged as the key foreign market for sheep and goat meat exports from Ghana, comprising 92% of total exports. The second position in the ranking was held by Cote d'Ivoire $68), with a 7.9% share of total exports.

What is the average export price for sheep and goat meat in Ghana?

The average sheep and goat meat export price stood at $8,441 per ton in 2022, with an increase of 26% against the previous year.

What is the average import price for sheep and goat meat in Ghana?

In 2022, the average sheep and goat meat import price amounted to $2,116 per ton, falling by -5.7% against the previous year.

This report provides an in-depth analysis of the market for sheep and goat meat in Ghana. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 1017 - Goat meat

Country coverage:

Ghana

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ghana
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023