Somalia: Meat And Poultry Market 2020

Meat And Poultry Market Size in Somalia

The revenue of the meat and poultry market in Somalia amounted to $X in 2018, remaining stable against the previous year. In general, meat and poultry consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Somalia meat and poultry consumption peaked at $X in 2015; however, from 2016 to 2018, consumption failed to regain its momentum.

Meat And Poultry Production in Somalia

In value terms, meat and poultry production totaled $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Somalia meat and poultry production peaked at $X in 2015; however, from 2016 to 2018, production stood at a somewhat lower figure.

In 2018, the average yield of meat and poultry in Somalia amounted to X kg per head, coming down by -X% against the previous year. Overall, the meat and poultry yield continues to indicate a mild descent. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, the meat and poultry yield attained its maximum level at X kg per head in 2011; however, from 2012 to 2018, yield failed to regain its momentum.

In 2018, approx. X heads of animals slaughtered for meat and poultry production in Somalia; approximately equating the previous year. Overall, the number of animals slaughtered for meat and poultry production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, this number attained its maximum level in 2018 and is likely to continue its growth in the immediate term.

Meat And Poultry Exports

Exports from Somalia

In 2018, the exports of meat and poultry from Somalia stood at X tons, waning by -X% against the previous year. Overall, meat and poultry exports continue to indicate a drastic drop. The growth pace was the most rapid in 2015 when exports increased by X% y-o-y. Somalia exports peaked at X tons in 2008; however, from 2009 to 2018, exports remained at a lower figure.

In value terms, meat and poultry exports totaled $X in 2018. In general, meat and poultry exports continue to indicate an abrupt reduction. The growth pace was the most rapid in 2015 when exports increased by X% y-o-y. Over the period under review, meat and poultry exports attained their maximum at $X in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

Exports by Country

The U.S. (X tons) and Brazil (X tons) were the key exporters of meat and poultry in 2018, resulting at approx. X% and X% of total exports, respectively. The Netherlands (X tons) ranks next in terms of the total exports with a X% share, followed by Germany (X%), Poland (X%) and Spain (X%). The following exporters - Australia (X tons), Belgium (X tons), Denmark (X tons), Canada (X tons), India (X tons) and France (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Poland, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Brazil ($X) and Australia ($X) appeared to be the countries with the highest levels of exports in 2018, together accounting for X% of total exports. The Netherlands, Germany, Poland, Spain, Canada, India, Belgium, Denmark, France and Somalia lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The meat and poultry export price in Somalia stood at $X per ton in 2018, remaining constant against the previous year. In general, the export price indicated a modest expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, meat and poultry export price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2015 an increase of X% year-to-year. In that year, the export prices for meat and poultry reached their peak level of $X per ton. From 2016 to 2018, the growth in terms of the export prices for meat and poultry failed to regain its momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Australia ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Meat And Poultry Imports

Imports into Somalia

In 2018, the meat and poultry imports into Somalia amounted to X tons, jumping by X% against the previous year. In general, meat and poultry imports, however, continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. In that year, meat and poultry imports reached their peak of X tons. From 2014 to 2018, the growth of meat and poultry imports remained at a lower figure.

In value terms, meat and poultry imports amounted to $X in 2018. The total import value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. In that year, meat and poultry imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

China (X tons), Japan (X tons), Germany (X tons), Mexico (X tons), the U.S. (X tons), China, Hong Kong SAR (X tons), Italy (X tons), Vietnam (X tons), the UK (X tons), the Netherlands (X tons), France (X tons) and South Korea (X tons) represented roughly X% of total imports of meat and poultry in 2018.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the U.S. ($X) and China ($X) were the countries with the highest levels of imports in 2018, with a combined X% share of total imports. Germany, South Korea, Italy, China, Hong Kong SAR, the UK, France, the Netherlands, Mexico, Vietnam and Somalia lagged somewhat behind, together comprising a further X Nam experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The meat and poultry import price in Somalia stood at $X per ton in 2018, going up by X% against the previous year. Over the period under review, the import price indicated a moderate expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 an increase of X% y-o-y. Somalia import price peaked at $X per ton in 2015; however, from 2016 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform