South Africa: Goat Meat Market Overview 2021

Goat Meat Market Size in South Africa

The South African goat meat market was estimated at $X in 2020, with an increase of X% against the previous year. In general, the total consumption indicated a measured expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Goat meat consumption peaked at $X in 2010; however, from 2011 to 2020, consumption failed to regain the momentum.

Goat Meat Production in South Africa

In value terms, goat meat production rose slightly to $X in 2020 estimated in export prices. Over the period under review, production posted a perceptible expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Goat meat production peaked at $X in 2010; however, from 2011 to 2020, production remained at a lower figure.

The average yield of goat meat in South Africa declined modestly to X kg per head in 2020, flattening at the year before. In general, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the average goat meat yield reached the peak level at X kg per head in 2007; however, from 2008 to 2020, the yield failed to regain the momentum.

In 2020, the number of animals slaughtered for goat meat production in South Africa reached X heads, therefore, remained relatively stable against the previous year. This number increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. The number of animals slaughtered for goat meat production peaked in 2020 and is likely to continue growth in years to come.

Goat Meat Exports

Exports from South Africa

After four years of growth, overseas shipments of goat meat decreased by -X% to X tonnes in 2020. Over the period under review, exports saw a abrupt descent. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Exports peaked at X tonnes in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

In value terms, goat meat exports fell rapidly to $X in 2020. Overall, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2019, and then dropped dramatically in the following year.

Exports by Country

Lesotho (X tonnes) was the main destination for goat meat exports from South Africa, accounting for a X% share of total exports. Moreover, goat meat exports to Lesotho exceeded the volume sent to the second major destination, Qatar (X kg), twofold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Lesotho stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (-X% per year) and Mozambique (-X% per year).

In value terms, Qatar ($X), Lesotho ($X) and Mozambique ($X) constituted the largest markets for goat meat exported from South Africa worldwide.

In terms of the main countries of destination, Lesotho saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average goat meat export price amounted to $X per tonne, falling by -X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2010; however, from 2011 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Qatar ($X per tonne), while the average price for exports to Lesotho ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique, while the prices for the other major destinations experienced a decline.

Goat Meat Imports

Imports into South Africa

In 2020, overseas purchases of goat meat decreased by -X% to X tonnes, falling for the second year in a row after seven years of growth. Over the period under review, imports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, goat meat imports contracted to $X in 2020. In general, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Germany (X tonnes) was the main supplier of goat meat to South Africa, with a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Germany stood at +X%.

In value terms, Germany ($X) constituted the largest supplier of goat meat to South Africa.

From 2007 to 2020, the average annual rate of growth in terms of value from Germany totaled +X%.

Import Prices by Country

In 2020, the average goat meat import price amounted to $X per tonne, therefore, remained relatively stable against the previous year. Overall, the import price recorded a noticeable descent. The pace of growth was the most pronounced in 2013 an increase of X% year-to-year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for Germany amounted to -X% per year.

Source: IndexBox 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, comprising approx. 37% of total volume. Moreover, goat meat consumption in China exceeded the figures recorded by the second-largest consumer, India (555K tonnes), fourfold. The third position in this ranking was occupied by Pakistan (518K tonnes), with a 8.1% share.

What are the largest producers of goat meat in the world?

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China (2.4M tonnes) remains the largest goat meat producing country worldwide, comprising approx. 37% of total volume. Moreover, goat meat production in China exceeded the figures recorded by the second-largest producer, India (555K tonnes), fourfold. Pakistan (518K tonnes) ranked third in terms of total production with a 8.1% share.

What are the leading suppliers of goat meat to South Africa?

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In value terms, Germany ($48K) constituted the largest supplier of goat meat to South Africa.

What are the leading importers of goat meat from South Africa?

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In value terms, Qatar ($6.1K), Lesotho ($4K) and Mozambique ($305) constituted the largest markets for goat meat exported from South Africa worldwide.

What is the average export price for goat meat in South Africa?

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In 2020, the average goat meat export price amounted to $3,841 per tonne, declining by -17.1% against the previous year.

What is the average import price for goat meat in South Africa?

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The average goat meat import price stood at $2,030 per tonne in 2020, approximately reflecting the previous year.