Norway: Goat Meat Market Overview 2020

Goat Meat Market Size in Norway

The Norwegian goat meat market reduced modestly to $X in 2019, approximately mirroring the previous year. The market value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. From 2018 to 2019, the growth of the market remained at a lower figure.

Goat Meat Production in Norway

In value terms, goat meat production reduced slightly to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when the production volume increased by X% y-o-y. Over the period under review, production reached the maximum level at $X in 2011; however, from 2012 to 2019, production remained at a lower figure.

In 2019, the average yield of goat meat in Norway contracted modestly to X kg per head, flattening at 2018. Over the period under review, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. The goat meat yield peaked at X kg per head in 2013; however, from 2014 to 2019, the yield stood at a somewhat lower figure.

The number of animals slaughtered for goat meat production in Norway rose slightly to X heads in 2019, growing by X% compared with the previous year's figure. This number increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the number of producing animals increased by X% year-to-year. Over the period under review, this number reached the peak level in 2019 and is likely to see steady growth in the immediate term.

Goat Meat Exports

Exports from Norway

In 2019, exports of goat meat from Norway stood at X kg, therefore, remained relatively stable against 2018. In general, exports continue to indicate a relatively flat trend pattern. Exports peaked at X kg in 2015; however, from 2016 to 2019, exports remained at a lower figure.

In value terms, goat meat exports totaled $X in 2019. Over the period under review, exports recorded a relatively flat trend pattern. Exports peaked at $X in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Germany (X kg) was the main destination for goat meat exports from Norway, with a approx. X% share of total exports.

From 2007 to 2015, the average annual growth rate of volume to Germany was relatively modest.

From 2007 to 2015, the average annual growth rate of value to Germany was relatively modest.

Export Prices by Country

In 2015, the average goat meat export price amounted to $X per tonne, approximately equating the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The export price peaked in 2015 and is expected to retain growth in the near future.

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

From 2007 to 2015, the rate of growth in terms of prices for Germany amounted to X% per year.

Goat Meat Imports

Imports into Norway

For the thirteenth year in a row, Norway recorded growth in supplies from abroad of goat meat, which increased by X% to X tonnes in 2019. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, goat meat imports skyrocketed to $X in 2019. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2019, Spain (X tonnes) was the main goat meat supplier to Norway, accounting for a approx. X% share of total imports.

From 2007 to 2019, the average annual growth rate of volume from Spain was relatively modest.

In value terms, Spain ($X) constituted the largest supplier of goat meat to Norway.

From 2007 to 2019, the average annual growth rate of value from Spain was relatively modest.

Import Prices by Country

The average goat meat import price stood at $X per tonne in 2019, growing by X% against the previous year. In general, the import price saw a modest increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2007 to 2019, the rate of growth in terms of prices for Spain amounted to 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 37% of total volume. Moreover, goat meat consumption in China exceeded the figures recorded by the second-largest consumer, India (502K tonnes), fivefold. Pakistan (352K tonnes) ranked third in terms of total consumption with a 5.5% 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 37% 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 5.5% share.

What are the leading suppliers of goat meat to Norway?

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In value terms, Spain ($13K) constituted the largest supplier of goat meat to Norway.

What is the average export price for goat meat in Norway?

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In 2015, the average goat meat export price amounted to $3,997 per tonne, stabilizing at the previous year.

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

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The average goat meat import price stood at $5,080 per tonne in 2019, with an increase of 6% against the previous year.