Ireland: Meat And Poultry Market Overview 2020

Meat And Poultry Market Size in Ireland

The revenue of the meat and poultry market in Ireland amounted to $X in 2018, going up by X% against the previous year. Overall, meat and poultry consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the market value increased by X% y-o-y. Meat and poultry consumption peaked at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Meat And Poultry Production in Ireland

In value terms, meat and poultry production amounted to $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Meat and poultry production peaked in 2018 and is expected to retain its growth in the immediate term.

Average yield of meat and poultry in Ireland totaled X tonne per head in 2018, leveling off at the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Meat and poultry yield peaked in 2018 and is expected to retain its growth in the immediate term.

In 2018, the number of animals slaughtered for meat and poultry production in Ireland totaled X heads, therefore, remained relatively stable against the previous year. In general, the number of animals slaughtered for meat and poultry production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, this number attained its maximum level in 2018 and is expected to retain its growth in the near future.

Meat And Poultry Exports

Exports from Ireland

Meat and poultry exports from Ireland stood at X tonnes in 2018, increasing by X% against the previous year. Over the period under review, the total exports indicated a tangible increase from 2007 to 2018: its volume 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, meat and poultry exports increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, meat and poultry exports stood at $X in 2018. The total export value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Exports peaked in 2018 and are likely to see steady growth in the near future.

Exports by Country

The UK (X tonnes) was the main destination for meat and poultry exports from Ireland, with a X% share of total exports. Moreover, meat and poultry exports to the UK exceeded the volume sent to the second major destination, France (X tonnes), fivefold. The Netherlands (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to the UK stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and the Netherlands (-X% per year).

In value terms, the UK ($X) remains the key foreign market for meat and poultry exports from Ireland, comprising X% of total meat and poultry exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to the UK totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

The average meat and poultry export price stood at $X per tonne in 2018, increasing by X% against the previous year. Overall, the meat and poultry export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% against the previous year. In that year, the average export prices for meat and poultry reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average export prices for meat and poultry remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Italy ($X per tonne), while the average price for exports to South Africa ($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 Germany, while the prices for the other major destinations experienced more modest paces of growth.

Meat And Poultry Imports

Imports into Ireland

In 2018, approx. X tonnes of meat and poultry were imported into Ireland; picking up by X% against the previous year. In general, the total imports indicated a buoyant increase 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, meat and poultry imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, meat and poultry imports totaled $X in 2018. The total import value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Imports peaked at $X in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Imports by Country

The UK (X tonnes), the Netherlands (X tonnes) and Germany (X tonnes) were the main suppliers of meat and poultry imports to Ireland, with a combined X% share of total imports. Poland, Spain, Denmark and France lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Spain, while the other leaders experienced more modest paces of growth.

In value terms, the largest meat and poultry suppliers to Ireland were the UK ($X), the Netherlands ($X) and Germany ($X), together comprising X% of total imports. Poland, Spain, France and Denmark lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to imports, among the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average meat and poultry import price stood at $X per tonne in 2018, increasing by X% against the previous year. Overall, the meat and poultry import price, however, continues to indicate a moderate deduction. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. In that year, the average import prices for meat and poultry reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average import prices for meat and poultry remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2018, the countries with the highest prices were Germany ($X per tonne) and the Netherlands ($X per tonne), while the price for Denmark ($X per tonne) and Spain ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform