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

Market Size for Sheep And Goat Meat in Guyana

The revenue of the sheep and goat meat market in Guyana amounted to $X in 2018, increasing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 when the market value increased by X% against the previous year. Guyana sheep and goat meat consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Production of Sheep And Goat Meat in Guyana

In value terms, sheep and goat meat production amounted to $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, sheep and goat meat production attained its peak figure level in 2018 and is likely to see steady growth in the near future.

Exports of Sheep And Goat Meat

Exports from Guyana

In 2018, the amount of sheep and goat meat exported from Guyana stood at X kg, rising by X% against the previous year. Overall, sheep and goat meat exports, however, continue to indicate a drastic drop. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Guyana exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, sheep and goat meat exports amounted to $X in 2018. Over the period under review, sheep and goat meat exports, however, continue to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2017 when exports increased by X% y-o-y. 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

Australia (X tonnes) and New Zealand (X tonnes) represented the key exporters of sheep and goat meat in 2018, finishing at approx. X% and X% of total exports, respectively. It was distantly followed by the UK (X tonnes), comprising a X% share of total exports. Ireland (X tonnes), Spain (X tonnes), the Netherlands (X tonnes) and India (X tonnes) followed a long way behind the leaders.

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 Guyana were Australia ($X), New Zealand ($X) and the UK ($X), with a combined X% share of total exports. These countries were followed by Ireland, the Netherlands, Spain, India and Guyana, which together accounted for a further X terms of 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

The sheep and goat meat export price in Guyana stood at $X per tonne in 2018, reducing by -X% against the previous year. Over the period under review, the sheep and goat meat export price continues to indicate a precipitous reduction. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. Over the period under review, the export prices for sheep and goat meat attained their peak figure at $X per tonne in 2010; however, from 2011 to 2018, export prices stood 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 the Netherlands ($X per tonne), while Spain ($X per tonne) 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 Guyana

Sheep and goat meat imports into Guyana stood at X tonnes in 2018, going down by -X% against the previous year. Over the period under review, sheep and goat meat imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Guyana imports peaked at X tonnes in 2016; however, from 2017 to 2018, imports remained at a lower figure.

In value terms, sheep and goat meat imports totaled $X in 2018. Overall, sheep and goat meat imports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Over the period under review, sheep and goat meat imports reached their peak figure at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, China (X tonnes), distantly followed by the U.S. (X tonnes), France (X tonnes) and the UK (X tonnes) were the major importers of sheep and goat meat, together mixing up X% of total imports. The following importers - the United Arab Emirates (X tonnes), Germany (X tonnes), Saudi Arabia (X tonnes), Malaysia (X tonnes), the Netherlands (X tonnes), Qatar (X tonnes), Canada (X tonnes) and Japan (X tonnes) - 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 largest sheep and goat meat importing markets into Guyana were the U.S. ($X), China ($X) and France ($X), 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 Guyana, which together accounted for a further X the main importing countries, Qatar 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 sheep and goat meat import price in Guyana stood at $X per tonne in 2018, waning by -X% against the previous year. Over the period under review, the sheep and goat meat import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the import price increased by X% year-to-year. Guyana import price peaked at $X per tonne in 2009; however, from 2010 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($X per tonne), while China ($X per tonne) 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 AI Platform