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South Africa - Goat Meat - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Goat Meat Market Overview 2019

Goat Meat Market Size in South Africa

The revenue of the goat meat market in South Africa amounted to $X in 2017, reducing by -X% against the previous year. Overall, the total market indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the goat meat consumption decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. Over the period under review, the goat meat market reached its maximum level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Goat Meat Production in South Africa

In 2017, the amount of goat meat produced in South Africa stood at X tonnes, increasing by X% against the previous year. Overall, goat meat production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017, when the output figure increased by X% y-o-y. In that year, the goat meat production attained their peak volume, and is likely to continue its growth in the immediate term. Goat meat output in South Africa indicated a relatively flat trend pattern, which was largely conditioned by a relatively flat trend pattern of the producing animals and a relatively flat trend pattern in yield figures.

In 2017, average goat meat yield in South Africa stood at X kg per head, approximately reflecting the previous year. Overall, goat meat yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009, when it surged by X% year-to-year. Over the period under review, the average goat meat yield reached its maximum level of X kg per head in 2010; afterwards, it flattened through to 2017.

In 2017, the amount of goat meat slaughtered in South Africa amounted to X heads, surging by X% against the previous year. This number increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed over the period under review. The growth pace was the most rapid in 2017, when the number of producing animals increased by X% year-to-year. In that year, this number reached their peak figure, and is likely to continue its growth in the immediate term.

Goat Meat Exports

Exports from South Africa

In 2017, approx. X tonnes of goat meat were exported from South Africa; falling by -X% against the previous year. Overall, goat meat exports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2013, when it surged by X% y-o-y. In that year, the goat meat exports attained their peak volume of X tonnes. From 2014 to 2017, growth of the goat meat exports failed to regain its momentum.

In value terms, goat meat exports stood at $X in 2017. Overall, goat meat exports continue to indicate a prominent expansion. The exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Exports by Country

Lesotho (X tonnes) was the main destination of goat meat exports from South Africa, with a X% share of total exports. Moreover, goat meat exports to Lesotho exceeded the volume sent to the second major destination, Namibia (X tonnes), fourfold. Bahrain (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2017, the average annual growth rate of volume to Lesotho totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (+X% per year) and Bahrain (+X% per year).

In value terms, Lesotho ($X) remains the key foreign market for goat meat exports from South Africa, making up X% of total goat meat exports. The second position in the ranking was occupied by Bahrain ($X), with a X% share of total exports. It was followed by Qatar, with a X% share.

From 2007 to 2017, the average annual growth rate of value to Lesotho stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+X% per year) and Qatar (+X% per year).

Export Prices by Country

The average goat meat export price stood at $X per tonne in 2017, lowering by -X% against the previous year. Overall, goat meat export price continues to indicate a modest increase. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. In that year, the average export prices for goat meat attained their peak level of $X per kg. From 2009 to 2017, growth of the average export prices for goat meat failed to regain its momentum.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Seychelles ($X per tonne), while average price for exports to Namibia ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Namibia (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Goat Meat Imports

Imports into South Africa

In 2017, goat meat imports into South Africa stood at X kg, lowering by -X% against the previous year. Overall, goat meat imports continue to indicate a sharp deduction. The pace of growth was the most pronounced in 2013, when it surged by X% year-to-year. Over the period under review, the goat meat imports attained its maximum volume of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, goat meat imports totaled $X in 2017. Overall, goat meat imports continue to indicate a dramatic decline. Over the period under review, the goat meat imports reached its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Imports by Country

New Zealand (X kg) and Australia (X kg) were the main suppliers of goat meat imports to South Africa, together accounting for X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by New Zealand (-X% per year).

In value terms, New Zealand ($X) and Australia ($X) were the largest goat meat suppliers to South Africa, together accounting for X% of total imports.

In terms of the main suppliers, New Zealand (-X% per year) experienced the highest growth rate of imports, over the last decade.

Import Prices by Country

In 2017, the average goat meat import price amounted to $X per tonne, surging by X% against the previous year. In general, goat meat import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2012, when it surged by X% y-o-y. Over the period under review, the average import prices for goat meat reached its peak figure level in 2017, and is likely to see steady growth in the immediate term.

Average import prices varied noticeably amongst the major supplying countries. In 2017, the country with the highest import price was New Zealand ($X per tonne), while price for Australia totaled $X per tonne.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by New Zealand (+X% per year).

Source: IndexBox AI Platform

Product coverage:
• FCL 1017 - Goat meat

This report provides an in-depth analysis of the goat meat market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• South Africa

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in South Africa
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2018
Figure 22:
Production, In Value Terms, 2007–2018
Figure 23:
Producing Animals Slaughtered, 2007–2018
Figure 24:
Yield, 2007–2018
Figure 25:
Imports, In Physical Terms, 2007–2018
Figure 26:
Imports, In Value Terms, 2007–2018
Figure 27:
Imports, In Physical Terms, By Country, 2018
Figure 28:
Imports, In Physical Terms, By Country, 2007–2018
Figure 29:
Imports, In Value Terms, By Country, 2007–2018
Figure 30:
Import Prices, By Country Of Origin, 2007–2018
Figure 31:
Exports, In Physical Terms, 2007–2018
Figure 32:
Exports, In Value Terms, 2007–2018
Figure 33:
Exports, In Physical Terms, By Country, 2018
Figure 34:
Exports, In Physical Terms, By Country, 2007–2018
Figure 35:
Exports, In Value Terms, By Country, 2007–2018
Figure 36:
Export Prices, By Country Of Destination, 2007–2018
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