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South-Eastern Asia - Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
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South-Eastern Asia: Goat Meat Market Overview 2021

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Goat Meat Market Size in South-Eastern Asia

For the sixth year in a row, the Southeast Asian goat meat market recorded growth in sales value, which increased by X% to $X in 2020. Overall, consumption saw a resilient increase. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. The level of consumption peaked in 2020 and is expected to retain growth in the immediate term.

Goat Meat Production in South-Eastern Asia

In value terms, goat meat production expanded to $X in 2020 estimated in export prices. In general, production saw a remarkable increase. The growth pace was the most rapid in 2011 when the production volume increased by X% against the previous year. The level of production peaked in 2020 and is likely to see gradual growth in the near future.

Myanmar (X tonnes) remains the largest goat meat producing country in South-Eastern Asia, accounting for X% of total volume. Moreover, goat meat production in Myanmar exceeded the figures recorded by the second-largest producer, Indonesia (X tonnes), twofold. The Philippines (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in Myanmar stood at +X%. The remaining producing countries recorded the following average annual rates of production growth: Indonesia (+X% per year) and the Philippines (+X% per year).

The average goat meat yield totaled X kg per head in 2020, increasing by X% compared with the previous year's figure. The yield figure increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the yield increased by X% year-to-year. The level of yield peaked in 2020 and is likely to continue growth in the near future.

In 2020, approx. X heads of animals slaughtered for goat meat production in South-Eastern Asia; growing by X% compared with 2019 figures. The total number of producing animals indicated a notable increase from 2007 to 2020: its figure 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, number of animals slaughtered for goat meat production increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Over the period under review, this number attained the maximum level in 2020 and is likely to see steady growth in the immediate term.

Production By Country in South-Eastern Asia

Myanmar (X tonnes) remains the largest goat meat producing country in South-Eastern Asia, accounting for X% of total volume. Moreover, goat meat production in Myanmar exceeded the figures recorded by the second-largest producer, Indonesia (X tonnes), twofold. The Philippines (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual growth rate of volume in Myanmar stood at +X%. In the other countries, the average annual rates were as follows: Indonesia (+X% per year) and the Philippines (+X% per year).

Goat Meat Exports

Exports in South-Eastern Asia

In 2020, overseas shipments of goat meat increased by X% to X tonnes, rising for the third consecutive year after two years of decline. Over the period under review, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. The volume of export peaked at X tonnes in 2012; however, from 2013 to 2020, exports remained at a lower figure.

In value terms, goat meat exports shrank modestly to $X in 2020. Overall, exports posted a strong expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% y-o-y. As a result, exports attained the peak of $X, leveling off in the following year.

Exports by Country

Myanmar was the key exporter of goat meat in South-Eastern Asia, with the volume of exports finishing at X tonnes, which was approx. X% of total exports in 2020. Singapore (X tonnes) held the second position in the ranking, distantly followed by Thailand (X tonnes) and Viet Nam (X tonnes). All these countries together took near X% share of total exports.

From 2007 to 2020, the biggest increases were in Singapore, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Myanmar ($X) remains the largest goat meat supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

In Myanmar, goat meat exports increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Singapore (+X% per year) and Thailand (+X% per year).

Export Prices by Country

The goat meat export price in South-Eastern Asia stood at $X per tonne in 2020, reducing by -X% against the previous year. Export price indicated a resilient expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, goat meat export price increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. The level of export peaked at $X per tonne in 2019, and then declined dramatically in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Myanmar ($X per tonne), while Singapore ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Viet Nam, while the other leaders experienced mixed trends in the export price figures.

Goat Meat Imports

Imports in South-Eastern Asia

In 2020, overseas purchases of goat meat decreased by -X% to X tonnes for the first time since 2017, thus ending a two-year rising trend. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. As a result, imports attained the peak of X tonnes. From 2014 to 2020, the growth imports failed to regain the momentum.

In value terms, goat meat imports fell rapidly to $X in 2020. Over the period under review, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2020, the growth imports remained at a lower figure.

Imports by Country

Singapore (X tonnes) and Viet Nam (X tonnes) prevails in goat meat imports structure, together comprising X% of total imports. Malaysia (X tonnes) ranks next in terms of the total imports with a X% share, followed by Indonesia (X%). Myanmar (X tonnes) held a little share of total imports.

From 2007 to 2020, the biggest increases were in Myanmar (+X% per year), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Singapore ($X), Viet Nam ($X) and Indonesia ($X) were the countries with the highest levels of imports in 2020, with a combined X% share of total imports. These countries were followed by Malaysia and Myanmar, which together accounted for a further X (+X% per year) recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The goat meat import price in South-Eastern Asia stood at $X per tonne in 2020, dropping by -X% against the previous year. Import price indicated modest growth from 2007 to 2020: its price 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, goat meat import price decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2010 an increase of X% year-to-year. The level of import peaked at $X per tonne in 2016; however, from 2017 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Indonesia ($X per tonne), while Myanmar ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Viet Nam, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for goat meat in South-Eastern Asia?
+
The countries with the highest volumes of goat meat consumption in 2020 were Myanmar (146K tonnes), Indonesia (73K tonnes) and the Philippines (62K tonnes), with a combined 90% share of total consumption.
What are the largest producers of goat meat in South-Eastern Asia?
+
The country with the largest volume of goat meat production was Myanmar (147K tonnes), accounting for 47% of total volume. Moreover, goat meat production in Myanmar exceeded the figures recorded by the second-largest producer, Indonesia (73K tonnes), twofold. The third position in this ranking was occupied by the Philippines (62K tonnes), with a 20% share.
What are the leading suppliers of goat meat in South-Eastern Asia?
+
In value terms, Myanmar ($1.2M) remains the largest goat meat supplier in South-Eastern Asia, comprising 63% of total exports. The second position in the ranking was occupied by Singapore ($326K), with a 17% share of total exports. It was followed by Thailand, with a 16% share.
What are the leading importers of goat meat in South-Eastern Asia?
+
In value terms, the largest goat meat importing markets in South-Eastern Asia were Singapore ($228K), Viet Nam ($188K) and Indonesia ($29K), together accounting for 92% of total imports. Malaysia and Myanmar lagged somewhat behind, together accounting for a further 5.7%.
What is the average export price for goat meat in South-Eastern Asia?
+
The goat meat export price in South-Eastern Asia stood at $3,882 per tonne in 2020, declining by -16.1% against the previous year.
What is the average import price for goat meat in South-Eastern Asia?
+
The goat meat import price in South-Eastern Asia stood at $3,010 per tonne in 2020, with a decrease of -4.5% against the previous year.

Product coverage:
• FCL 1017 - Goat meat

This report provides an in-depth analysis of the goat meat market in South-Eastern Asia. 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.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in South-Eastern Asia, split by region and country
• Trade (exports and imports) in South-Eastern Asia
• 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
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
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 VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Brunei Darussalam
• Cambodia
• Indonesia
• Malaysia
• Myanmar
• Philippines
• Singapore
• Thailand
• Timor-Leste
• Viet Nam
• Lao People's Democratic Republic
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Producing Animals, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Producing Animals, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Producing Animals, By Country, 2020
Figure 24:
Producing Animals, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020

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