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

Market Size for Sheep And Goat Meat in Indonesia

The revenue of the sheep and goat meat market in Indonesia amounted to $X in 2018, stabilizing at the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. In that year, the sheep and goat meat market attained its peak level of $X. From 2010 to 2018, the growth of the sheep and goat meat market remained at a somewhat lower figure.

Production of Sheep And Goat Meat in Indonesia

In value terms, sheep and goat meat production amounted to $X in 2018 estimated in export prices. Over the period under review, sheep and goat meat production continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. In that year, sheep and goat meat production attained its peak level of $X. From 2011 to 2018, sheep and goat meat production growth remained at a somewhat lower figure.

Exports of Sheep And Goat Meat

Exports from Indonesia

Sheep and goat meat exports from Indonesia stood at X tonnes in 2018, jumping by X% against the previous year. Overall, sheep and goat meat exports, however, continue to indicate a drastic setback. The pace of growth was the most pronounced in 2014 when exports increased by X% year-to-year. 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 totaled $X in 2018. Overall, sheep and goat meat exports, however, continue to indicate an abrupt decrease. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, sheep and goat meat exports reached their maximum at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

The Netherlands (X tonnes) was the main destination for sheep and goat meat exports from Indonesia, accounting for a X% share of total exports. Moreover, sheep and goat meat exports to the Netherlands exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), threefold. Ireland (X kg) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to the Netherlands totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-X% per year) and Ireland (X% per year).

In value terms, the Netherlands ($X), Maldives ($X) and Ireland ($X) appeared to be the largest markets for sheep and goat meat exported from Indonesia worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, the Netherlands experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average sheep and goat meat export price amounted to $X per tonne, going up by X% against the previous year. In general, the sheep and goat meat export price continues to indicate a resilient increase. The growth pace was the most rapid in 2013 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for sheep and goat meat attained their maximum in 2018 and is likely to see steady growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Maldives ($X per tonne), while the average price for exports to the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Ireland, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Sheep And Goat Meat

Imports into Indonesia

Sheep and goat meat imports into Indonesia amounted to X tonnes in 2018, remaining constant against the previous year. Overall, sheep and goat meat imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2015 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 likely to continue its growth in the near future.

In value terms, sheep and goat meat imports totaled $X in 2018. In general, sheep and goat meat imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2015 when imports increased by X% year-to-year. Imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, Australia (X tonnes) constituted the largest supplier of sheep and goat meat to Indonesia, accounting for a X% share of total imports. Moreover, sheep and goat meat imports from Australia exceeded the figures recorded by the second-largest supplier, Singapore (X tonnes), more than tenfold.

From 2007 to 2018, the average annual rate of growth in terms of volume from Australia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+X% per year) and New Zealand (+X% per year).

In value terms, Australia ($X) constituted the largest supplier of sheep and goat meat to Indonesia, comprising X% of total sheep and goat meat imports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of value from Australia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+X% per year) and New Zealand (+X% per year).

Import Prices by Country

In 2018, the average sheep and goat meat import price amounted to $X per tonne, picking up by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Singapore ($X per tonne), while the price for New Zealand ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Singapore, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform