Portugal: Goat Meat Market 2024

Goat Meat Market Size in Portugal

The Portuguese goat meat market soared to $X in 2022, jumping by X% against the previous year. Overall, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2014 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Goat Meat Production in Portugal

In value terms, goat meat production stood at $X in 2022 estimated in export price. Over the period under review, production recorded a slight setback. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

In 2022, the average goat meat yield in Portugal was estimated at X kg per head, almost unchanged from the previous year. Overall, the yield saw a perceptible curtailment. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the average goat meat yield reached the maximum level at X kg per head in 2017; however, from 2018 to 2022, the yield failed to regain momentum.

In 2022, approx. X heads of animals slaughtered for goat meat production in Portugal; falling by X% on 2021 figures. Over the period under review, the total number of producing animals indicated a moderate increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, number of animals slaughtered for goat meat production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. The number of animals slaughtered for goat meat production peaked at X heads in 2021, and then declined in the following year.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Goat Meat Exports

Exports from Portugal

In 2022, after two years of growth, there was significant decline in shipments abroad of goat meat, when their volume decreased by X% to X tons. In general, exports, however, recorded a modest expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, goat meat exports contracted to $X in 2022. Overall, exports, however, recorded a temperate increase. The growth pace was the most rapid in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The UK (X tons), Switzerland (X tons) and Luxembourg (X tons) were the main destinations of goat meat exports from Portugal, together accounting for X% of total exports.

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

In value terms, the largest markets for goat meat exported from Portugal were Switzerland ($X), the UK ($X) and France ($X), with a combined X% share of total exports.

Switzerland, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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 last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Goat Meat Imports

Imports into Portugal

Goat meat imports into Portugal soared to X tons in 2022, growing by X% compared with 2021. Over the period under review, total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, goat meat imports skyrocketed to $X in 2022. In general, imports posted buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Greece (X tons), Spain (X tons) and France (X tons) were the main suppliers of goat meat imports to Portugal, with a combined X% share of total imports. The Netherlands and Italy lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest goat meat suppliers to Portugal were Greece ($X), Spain ($X) and France ($X), together comprising X% of total imports. The Netherlands and Italy lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

The average goat meat import price stood at $X per ton in 2022, with an increase of 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 2013 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Greece ($X per ton) and Spain ($X per ton), while the price for the Netherlands ($X per ton) and Italy ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :