Latest Report Update: Feb 20, 2021

Kuwait - Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Kuwait: Goat Meat Market Overview 2021

Webinar: Global Smoked Salmon Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global smoked salmon market.

Thursday, March 4th, 2021 @ 10:00 am ET

Register Now

Goat Meat Market Size in Kuwait

In 2019, after two years of decline, there was significant growth in the Kuwaiti goat meat market, when its value increased by X% to $X. Over the period under review, the total consumption indicated a buoyant increase 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. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Goat Meat Production in Kuwait

In value terms, goat meat production skyrocketed to $X in 2019 estimated in export prices. Overall, production recorded prominent growth. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2019, production stood at a somewhat lower figure.

In 2019, the average yield of goat meat in Kuwait shrank modestly to X kg per head, which is down by -X% against 2018. Over the period under review, the yield saw a noticeable descent. The most prominent rate of growth was recorded in 2010 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X kg per head. From 2011 to 2019, the growth of the average goat meat yield remained at a lower figure.

The number of animals slaughtered for goat meat production in Kuwait totaled X heads in 2019, growing by X% on the previous year. In general, the total number of producing animals indicated resilient growth from 2007 to 2019: its figure 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, number of animals slaughtered for goat meat production increased by +X% against 2012 indices. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, this number attained the maximum level in 2019 and is expected to retain growth in the near future.

Goat Meat Exports

Exports from Kuwait

In 2019, approx. X tonnes of goat meat were exported from Kuwait; increasing by X% compared with the previous year's figure. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at X tonnes in 2008; however, from 2009 to 2019, exports remained at a lower figure.

In value terms, goat meat exports skyrocketed to $X in 2019. Over the period under review, exports, however, continue to indicate a strong expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Iraq (X tonnes) was the main destination for goat meat exports from Kuwait, with a approx. X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to Iraq totaled +X%.

From 2007 to 2019, the average annual growth rate of value to Iraq stood at +X%.

Export Prices by Country

In 2019, the average goat meat export price amounted to $X per tonne, increasing by X% against the previous year. In general, the export price saw a resilient increase. Over the period under review, average export prices attained the peak figure at $X per tonne in 2016; however, from 2017 to 2019, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Iraq.

From 2007 to 2019, the rate of growth in terms of prices for Iraq amounted to +X% per year.

Goat Meat Imports

Imports into Kuwait

In 2019, goat meat imports into Kuwait skyrocketed to X tonnes, growing by X% against the previous year. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Imports peaked at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, goat meat imports soared to $X in 2019. Overall, imports, however, showed a slight increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2019, the United Arab Emirates (X tonnes) constituted the largest supplier of goat meat to Kuwait, with a X% share of total imports. Moreover, goat meat imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Kenya (X tonnes), threefold. The third position in this ranking was occupied by Australia (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Kenya (+X% per year) and Australia (+X% per year).

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

From 2007 to 2019, the average annual growth rate of value from the United Arab Emirates stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Kenya (+X% per year) and Australia (-X% per year).

Import Prices by Country

In 2019, the average goat meat import price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the import price enjoyed a mild increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2017 to 2019, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the U.S. ($X per tonne), while the price for the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Kenya, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for goat meat in the world?
+
China (2.4M tonnes) remains the largest goat meat consuming country worldwide, 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?
+
The country with the largest volume of goat meat production was China (2.4M tonnes), comprising approx. 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 Kuwait?
+
In value terms, the United Arab Emirates ($533K) constituted the largest supplier of goat meat to Kuwait, comprising 57% of total imports. The second position in the ranking was occupied by Kenya ($216K), with a 23% share of total imports. It was followed by Australia, with a 9.7% share.
What is the average export price for goat meat in Kuwait?
+
The average goat meat export price stood at $6,322 per tonne in 2019, picking up by 182% against the previous year.
What is the average import price for goat meat in Kuwait?
+
In 2019, the average goat meat import price amounted to $5,458 per tonne, with an increase of 53% against the previous year.

Product coverage:
• FCL 1017 - Goat meat

This report provides an in-depth analysis of the goat meat market in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Kuwait

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Kuwait
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Producing Animals Slaughtered, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

Webinar: Global Smoked Salmon Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global smoked salmon market.



Thursday, March 4th, 2021 @ 10:00 am ET


Register

Webinar: Global Sugar Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global sugar market.



Thursday, April 1st, 2021 @ 10:00 am ET


Register

Webinar: Global Cotton Yarn Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global cotton yarn market.



Thursday, April 8th, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data