Pakistan: Goat Meat Market 2024

Goat Meat Market Size in Pakistan

The Pakistani goat meat market stood at $X in 2022, stabilizing at the previous year. Overall, consumption, however, showed a strong expansion. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Goat Meat Production in Pakistan

In value terms, goat meat production reached $X in 2022 estimated in export price. In general, production, however, saw resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production attained the peak level at $X in 2020; afterwards, it flattened through to 2022.

In 2022, the average goat meat yield in Pakistan was estimated at X kg per head, remaining constant against 2021 figures. Over the period under review, the yield saw a pronounced descent. The growth pace was the most rapid in 2017 when the yield increased by X%. Over the period under review, the average goat meat yield reached the maximum level at X kg per head in 2013; however, from 2014 to 2022, the yield stood at a somewhat lower figure.

The number of animals slaughtered for goat meat production in Pakistan dropped slightly to X heads in 2022, approximately equating the previous year. Over the period under review, the number of producing animals, however, posted prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, this number hit record highs at X heads in 2021, and then reduced modestly in the following year.

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Goat Meat Exports

Exports from Pakistan

For the fourth year in a row, Pakistan recorded decline in overseas shipments of goat meat, which decreased by X% to X tons in 2022. Overall, exports saw a precipitous descent. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, goat meat exports fell sharply to $X in 2022. In general, exports faced a dramatic descent. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for goat meat exports from Pakistan, accounting for a X% share of total exports. Moreover, goat meat exports to the United Arab Emirates exceeded the volume sent to the second major destination, Kuwait (X tons), fourfold. Bahrain (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (X% per year) and Bahrain (X% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for goat meat exports from Pakistan, comprising X% of total exports. The second position in the ranking was held by Kuwait ($X), with a X% share of total exports. It was followed by Bahrain, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (X% per year) and Bahrain (X% per year).

Export Prices by Country

The average goat meat export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2019 an increase of X%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Kuwait ($X per ton) and Oman ($X per ton), while the average price for exports to Maldives ($X per ton) and Saudi Arabia ($X per ton) were amongst the lowest.

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 more modest paces of growth.

Goat Meat Imports

Imports into Pakistan

In 2019, the amount of goat meat imported into Pakistan stood at X kg, standing approx. at 2018. Over the period under review, imports showed a precipitous slump. The smallest decline of X% was in 2018. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2019, imports remained at a lower figure.

In value terms, goat meat imports totaled $X in 2019. Overall, imports continue to indicate a precipitous shrinkage. The smallest decline of X% was in 2018. Imports peaked at $X in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Saudi Arabia (X kg) constituted the largest supplier of goat meat to Pakistan, accounting for a X% share of total imports. Moreover, goat meat imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X kg), tenfold.

From 2013 to 2019, the average annual growth rate of volume from Saudi Arabia amounted to X%.

In value terms, Saudi Arabia ($X) constituted the largest supplier of goat meat to Pakistan, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports.

From 2013 to 2019, the average annual growth rate of value from Saudi Arabia stood at X%.

Import Prices by Country

In 2019, the average goat meat import price amounted to $X per ton, flattening at the previous year. In general, the import price showed a deep contraction. The growth pace was the most rapid in 2018 when the average import price decreased by X% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2019, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while the price for the United Arab Emirates totaled $X per ton.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%).

Source: IndexBox Platform

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