Oman: Goat Meat Market 2024

Goat Meat Market Size in Oman

The Omani goat meat market stood at $X in 2022, with an increase of X% against the previous year. Overall, consumption saw pronounced growth. Goat meat consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Goat Meat Production in Oman

In value terms, goat meat production expanded markedly to $X in 2022 estimated in export price. In general, production, however, continues to indicate pronounced growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

In 2022, the average yield of goat meat in Oman totaled X kg per head, approximately reflecting the previous year. Overall, the yield showed a relatively flat trend pattern. Over the period under review, the average goat meat yield attained the maximum level in 2022 and is expected to retain growth in years to come.

In 2022, the number of animals slaughtered for goat meat production in Oman reduced slightly to X heads, remaining constant against the previous year's figure. This number increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, this number hit record highs at X heads in 2013; however, from 2014 to 2022, producing animals failed to regain momentum.

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Goat Meat Exports

Exports from Oman

In 2022, the amount of goat meat exported from Oman dropped dramatically to X tons, reducing by X% against the year before. Overall, exports saw a deep setback. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, goat meat exports fell rapidly to $X in 2022. Over the period under review, exports showed a perceptible curtailment. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for goat meat exports from Oman, with a X% share of total exports. Moreover, goat meat exports to the United Arab Emirates exceeded the volume sent to the second major destination, Free Zones (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates totaled X%.

In value terms, the United Arab Emirates ($X) remains the key foreign market for goat meat exports from Oman, comprising X% of total exports. The second position in the ranking was held by Free Zones ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates amounted to X%.

Export Prices by Country

The average goat meat export price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the export price, however, posted temperate growth. The pace of growth was the most pronounced in 2020 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Free Zones stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (X%), while the prices for the other major destinations experienced mixed trend patterns.

Goat Meat Imports

Imports into Oman

In 2022, after four years of decline, there was significant growth in supplies from abroad of goat meat, when their volume increased by X% to X tons. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, goat meat imports surged to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons), Tanzania (X tons) and Somalia (X tons) were the main suppliers of goat meat imports to Oman, with a combined X% share of total imports. Qatar, Kenya, Pakistan and India lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Qatar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Tanzania ($X) and Qatar ($X) appeared to be the largest goat meat suppliers to Oman, together comprising X% of total imports.

Among the main suppliers, Qatar, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average goat meat import price amounted to $X per ton, flattening at the previous year. Overall, the import price, however, continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($X per ton), while the price for Somalia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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