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Northern America - Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
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Northern America: Goat Meat Market Overview 2021

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Goat Meat Market Size in Northern America

The North American goat meat market fell dramatically to $X in 2020, waning by -X% against the previous year. The total consumption indicated a perceptible increase from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2017 indices. The growth pace was the most rapid in 2010 when the market value increased by X% year-to-year. The level of consumption peaked at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Goat Meat Production in Northern America

In value terms, goat meat production expanded remarkably to $X in 2020 estimated in export prices. Over the period under review, production recorded a abrupt contraction. The pace of growth was the most pronounced in 2018 when the production volume increased by X% y-o-y. Over the period under review, production reached the maximum level at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

The country with the largest volume of goat meat production was the U.S. (X tonnes), accounting for X% of total volume.

From 2007 to 2020, the average annual rate of growth in terms of volume in the U.S. totaled -X%.

In 2020, the average goat meat yield in Northern America totaled X kg per head, therefore, remained relatively stable against the year before. In general, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by X% year-to-year. Over the period under review, the goat meat yield hit record highs in 2020 and is expected to retain growth in the near future.

In 2020, approx. X heads of animals slaughtered for goat meat production in Northern America; waning by -X% compared with the previous year. In general, the number of producing animals recorded a slight descent. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. Over the period under review, this number reached the peak level at X heads in 2008; however, from 2009 to 2020, producing animals failed to regain the momentum.

Production By Country in Northern America

The country with the largest volume of goat meat production was the U.S. (X tonnes), accounting for X% of total volume.

In the U.S., goat meat production declined by an average annual rate of -X% over the period from 2007-2020.

Goat Meat Exports

Exports in Northern America

In 2020, the amount of goat meat exported in Northern America dropped markedly to X tonnes, waning by -X% against the previous year's figure. Over the period under review, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X tonnes in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, goat meat exports contracted significantly to $X in 2020. In general, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2015 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

In 2020, the U.S. (X tonnes) represented the key exporter of goat meat, committing X% of total exports. It was distantly followed by Canada (X tonnes), committing a X% share of total exports.

Exports from the U.S. decreased at an average annual rate of -X% from 2007 to 2020. At the same time, Canada (+X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +X% from 2007-2020. While the share of Canada (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of the U.S. (-X p.p.) displayed negative dynamics.

In value terms, the largest goat meat supplying countries in Northern America were the U.S. ($X) and Canada ($X saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The goat meat export price in Northern America stood at $X per tonne in 2020, jumping by X% against the previous year. Overall, the export price, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. Over the period under review, export prices reached the peak figure at $X per tonne in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Canada ($X per tonne), while the U.S. stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada.

Goat Meat Imports

Imports in Northern America

In 2020, the amount of goat meat imported in Northern America dropped dramatically to X tonnes, declining by -X% on the previous year's figure. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes. From 2018 to 2020, the growth imports remained at a lower figure.

In value terms, goat meat imports contracted notably to $X in 2020. Overall, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. The level of import peaked at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, the U.S. (X tonnes) represented the main importer of goat meat, making up X% of total imports. It was distantly followed by Canada (X tonnes), mixing up an X% share of total imports.

The U.S. experienced a relatively flat trend pattern with regard to volume of imports of goat meat. Canada experienced a relatively flat trend pattern. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported goat meat in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value in the U.S. stood at +X%.

Import Prices by Country

In 2020, the goat meat import price in Northern America amounted to $X per tonne, picking up by X% against the previous year. Overall, the import price saw a prominent expansion. The pace of growth appeared the most rapid in 2010 when the import price increased by X% y-o-y. Over the period under review, import prices attained the peak figure in 2020 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while Canada amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for goat meat in Northern America?
+
The U.S. (19K tonnes) constituted the country with the largest volume of goat meat consumption, accounting for 94% of total volume. Moreover, goat meat consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Canada (1.1K tonnes), more than tenfold.
What are the largest producers of goat meat in Northern America?
+
The U.S. (9.8K tonnes) remains the largest goat meat producing country in Northern America, comprising approx. 100% of total volume.
What are the leading exporters of goat meat in Northern America?
+
In value terms, the largest goat meat supplying countries in Northern America were the U.S. ($369K) and Canada ($272K).
What are the leading importers of goat meat in Northern America?
+
In value terms, the U.S. ($78M) constitutes the largest market for imported goat meat in Northern America, comprising 90% of total imports. The second position in the ranking was occupied by Canada ($8.4M), with a 9.7% share of total imports.
What is the average export price for goat meat in Northern America?
+
In 2020, the goat meat export price in Northern America amounted to $3,114 per tonne, rising by 26% against the previous year.
What is the average import price for goat meat in Northern America?
+
In 2020, the goat meat import price in Northern America amounted to $7,893 per tonne, increasing by 2.3% against the previous year.

Product coverage:
• FCL 1017 - Goat meat

This report provides an in-depth analysis of the goat meat market in Northern America. 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:
• Bermuda
• Greenland
• Saint Pierre and Miquelon

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Northern America, split by region and country
• Trade (exports and imports) in Northern America
• 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
CONSUMPTION BY COUNTRY
3.3
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 VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Bermuda
• Canada
• Greenland
• Saint Pierre and Miquelon
• USA
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Producing Animals, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Producing Animals, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Producing Animals, By Country, 2020
Figure 24:
Producing Animals, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020

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