Iraq: Goat Meat Market Overview 2021

Goat Meat Market Size in Iraq

The Iraqi goat meat market rose remarkably to $X in 2019, surging by X% against the previous year. In general, the total consumption indicated a strong increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Goat meat consumption peaked at $X in 2017; however, from 2018 to 2019, consumption stood at a somewhat lower figure.

Goat Meat Production in Iraq

In value terms, goat meat production expanded markedly to $X in 2019 estimated in export prices. Overall, the total production indicated buoyant growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2010 when the production volume increased by X% year-to-year. Goat meat production peaked at $X in 2017; however, from 2018 to 2019, production failed to regain the momentum.

In 2019, the average yield of goat meat in Iraq fell modestly to X kg per head, leveling off at the previous year's figure. Overall, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, the yield reached the peak level of X kg per head. From 2009 to 2019, the growth of the average goat meat yield remained at a lower figure.

In 2019, number of animals slaughtered for goat meat production in Iraq stood at X heads, leveling off at 2018. This number increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, this number reached the peak level at X heads in 2013; however, from 2014 to 2019, producing animals remained at a lower figure.

Goat Meat Exports

Exports from Iraq

In 2019, goat meat exports from Iraq amounted to X kg, remaining stable against the year before. Overall, exports recorded a relatively flat trend pattern.

In value terms, goat meat exports totaled $X in 2019. In general, exports saw a relatively flat trend pattern.

Goat Meat Imports

Imports into Iraq

For the third consecutive year, Iraq recorded decline in purchases abroad of goat meat, which decreased by -X% to X tonnes in 2019. In general, imports continue to indicate a deep slump. Over the period under review, imports attained the peak figure at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, goat meat imports surged to $X in 2019. Overall, imports recorded a abrupt curtailment. Over the period under review, imports hit record highs at $X in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Kuwait (X tonnes) constituted the largest goat meat supplier to Iraq, with a X% share of total imports. Moreover, goat meat imports from Kuwait exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tonnes), twofold.

From 2007 to 2019, the average annual growth rate of volume from Kuwait amounted to -X%.

In value terms, Kuwait ($X) constituted the largest supplier of goat meat to Iraq, comprising X% of total imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from Kuwait amounted to -X%.

Import Prices by Country

The average goat meat import price stood at $X per tonne in 2019, jumping by X% against the previous year. Over the period under review, the import price enjoyed strong growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked in 2019 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was the United Arab Emirates ($X per tonne), while the price for Kuwait stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Kuwait (+X% per year).

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

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

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China (2.4M tonnes) constituted the country with the largest volume of goat meat consumption, accounting for 39% of total volume. Moreover, goat meat consumption in China exceeded the figures recorded by the second-largest consumer, India (498K tonnes), fivefold. The third position in this ranking was occupied by Pakistan (352K tonnes), with a 5.8% share.

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

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The country with the largest volume of goat meat production was China (2.4M tonnes), accounting for 39% of total volume. Moreover, goat meat production in China exceeded the figures recorded by the second-largest producer, India (502K tonnes), fivefold. Pakistan (353K tonnes) ranked third in terms of total production with a 5.8% share.

What are the leading suppliers of goat meat to Iraq?

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In value terms, Kuwait ($134K) constituted the largest supplier of goat meat to Iraq, comprising 68% of total imports. The second position in the ranking was occupied by the United Arab Emirates ($62K), with a 32% share of total imports.

What is the average import price for goat meat in Iraq?

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In 2019, the average goat meat import price amounted to $6,436 per tonne, surging by 42% against the previous year.