Italy: Goat Meat Market 2024

Goat Meat Market Size in Italy

The Italian goat meat market declined to $X in 2022, waning by X% against the previous year. Overall, consumption showed a pronounced decline. Goat meat consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Goat Meat Production in Italy

In value terms, goat meat production shrank slightly to $X in 2022 estimated in export price. In general, production saw a noticeable setback. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Goat meat production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

In 2022, the average goat meat yield in Italy contracted modestly to X kg per head, waning by X% compared with the year before. Over the period under review, the yield indicated resilient growth from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, goat meat yield increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the yield increased by X%. As a result, the yield attained the peak level of X kg per head. From 2019 to 2022, the growth of the average goat meat yield failed to regain momentum.

In 2022, number of animals slaughtered for goat meat production in Italy stood at X heads, therefore, remained relatively stable against the previous year's figure. Overall, the number of producing animals, however, showed a deep setback. The pace of growth appeared the most rapid in 2015 when the number of producing animals increased by X% against the previous year. Over the period under review, this number reached the peak level at X heads in 2012; however, from 2013 to 2022, producing animals remained at a lower figure.

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Goat Meat Exports

Exports from Italy

After two years of decline, shipments abroad of goat meat increased by X% to X tons in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, goat meat exports skyrocketed to $X in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Somalia (X tons), France (X tons) and Spain (X tons) were the main destinations of goat meat exports from Italy, with a combined X% share of total exports. The Netherlands, Portugal, Saint Maarten (Dutch part) and Antigua and Barbuda lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for goat meat exported from Italy were Somalia ($X), France ($X) and Spain ($X), with a combined X% share of total exports. Portugal, the Netherlands, Saint Maarten (Dutch part) and Antigua and Barbuda lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average goat meat export price stood at $X per ton in 2022, increasing by X% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, goat meat export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Saint Maarten (Dutch part) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Antigua and Barbuda (X%), while the prices for the other major destinations experienced more modest paces of growth.

Goat Meat Imports

Imports into Italy

In 2022, the amount of goat meat imported into Italy rose markedly to X tons, with an increase of X% against the previous year. In general, imports, however, showed a perceptible curtailment. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, goat meat imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a slight descent. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Greece (X tons), France (X tons) and Spain (X tons) were the main suppliers of goat meat imports to Italy, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, France ($X), Greece ($X) and Spain ($X) constituted the largest goat meat suppliers to Italy, together accounting for X% of total imports.

Greece, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average goat meat import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($X per ton) and Spain ($X per ton), while the price for the Netherlands ($X per ton) and Greece ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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