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

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Goat Meat Market Size in Southern Asia

The South Asian goat meat market expanded modestly to $X in 2020, surging by X% against the previous year. The total consumption indicated a noticeable increase from 2007 to 2020: its value 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, consumption increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2012 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs in 2020 and is likely to see gradual growth in years to come.

Goat Meat Production in Southern Asia

In value terms, goat meat production rose slightly to $X in 2020 estimated in export prices. The total production indicated a perceptible expansion from 2007 to 2020: its value 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, production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2012 when the production volume increased by X% year-to-year. The level of production peaked in 2020 and is expected to retain growth in the immediate term.

The countries with the highest volumes of goat meat production in 2020 were India (X tonnes), Pakistan (X tonnes) and Bangladesh (X tonnes), with a combined X% share of total production.

From 2007 to 2020, the biggest increases were in Pakistan, while goat meat production for the other leaders experienced more modest paces of growth.

In 2020, the average yield of goat meat in Southern Asia shrank modestly to X kg per X heads, leveling off at 2019. In general, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the goat meat yield reached the peak level at X kg per head in 2013; however, from 2014 to 2020, the yield remained at a lower figure.

In 2020, the number of animals slaughtered for goat meat production in Southern Asia expanded to X heads, increasing by X% compared with the previous year's figure. This number increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when the number of producing animals increased by X% y-o-y. Over the period under review, this number reached the maximum level in 2020 and is likely to see gradual growth in the near future.

Production By Country in Southern Asia

The countries with the highest volumes of goat meat production in 2020 were India (X tonnes), Pakistan (X tonnes) and Bangladesh (X tonnes), with a combined X% share of total production.

From 2007 to 2020, the biggest increases were in Pakistan, while goat meat production for the other leaders experienced more modest paces of growth.

Goat Meat Exports

Exports in Southern Asia

In 2020, overseas shipments of goat meat increased by X% to X tonnes, rising for the second year in a row after two years of decline. Total exports indicated a noticeable increase from 2007 to 2020: its volume 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, exports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. As a result, exports attained the peak of X tonnes. From 2013 to 2020, the growth exports remained at a lower figure.

In value terms, goat meat exports reduced modestly to $X in 2020. Over the period under review, exports recorded a moderate increase. The growth pace was the most rapid in 2012 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. From 2013 to 2020, the growth exports remained at a lower figure.

Exports by Country

India represented the major exporting country with an export of about X tonnes, which amounted to X% of total exports. It was distantly followed by Pakistan (X tonnes), making up a X% share of total exports.

India was also the fastest-growing in terms of the goat meat exports, with a CAGR of +X% from 2007 to 2020. Pakistan (-X%) illustrated a downward trend over the same period. India (+X p.p.) significantly strengthened its position in terms of the total exports, while Pakistan saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, India ($X) and Pakistan ($X) appeared to be the countries with the highest levels of exports in 2020, with a combined X% share of total exports.

Among the main exporting countries, India saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2020, the goat meat export price in Southern Asia amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the export price recorded a slight setback. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. The level of export peaked at $X per tonne in 2015; however, from 2016 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Pakistan ($X per tonne), while India amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Pakistan.

Goat Meat Imports

Imports in Southern Asia

After two years of growth, purchases abroad of goat meat decreased by -X% to X tonnes in 2020. Overall, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. The volume of import peaked at X tonnes in 2019, and then shrank dramatically in the following year.

In value terms, goat meat imports shrank remarkably to $X in 2020. Over the period under review, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2019, and then fell notably in the following year.

Imports by Country

Sri Lanka prevails in goat meat imports structure, amounting to X tonnes, which was near X% of total imports in 2020. Pakistan (X tonnes), Nepal (X tonnes) and Maldives (X tonnes) took a relatively small share of total imports.

From 2007 to 2020, average annual rates of growth with regard to goat meat imports into Sri Lanka stood at +X%. At the same time, Pakistan (+X%), Maldives (+X%) and Nepal (+X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +X% from 2007-2020. From 2007 to 2020, the share of Sri Lanka and Pakistan increased by +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sri Lanka ($X) constitutes the largest market for imported goat meat in Southern Asia, comprising X% of total imports. The second position in the ranking was occupied by Maldives ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

In Sri Lanka, goat meat imports increased at an average annual rate of +X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: Maldives (+X% per year) and Pakistan (+X% per year).

Import Prices by Country

The goat meat import price in Southern Asia stood at $X per tonne in 2020, with an increase of X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2017 to 2020, the growth in terms of the import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Maldives ($X per tonne), while Nepal ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Maldives, 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 Southern Asia?
+
The countries with the highest volumes of goat meat consumption in 2020 were India (551K tonnes), Pakistan (518K tonnes) and Bangladesh (232K tonnes), together accounting for 91% of total consumption.
What are the largest producers of goat meat in Southern Asia?
+
The countries with the highest volumes of goat meat production in 2020 were India (555K tonnes), Pakistan (518K tonnes) and Bangladesh (232K tonnes), with a combined 91% share of total production.
What are the leading exporters of goat meat in Southern Asia?
+
In value terms, India ($9.8M) and Pakistan ($6M) constituted the countries with the highest levels of exports in 2020, with a combined 100% share of total exports.
What are the leading importers of goat meat in Southern Asia?
+
In value terms, Sri Lanka ($1.2M) constitutes the largest market for imported goat meat in Southern Asia, comprising 82% of total imports. The second position in the ranking was occupied by Maldives ($136K), with a 9.4% share of total imports. It was followed by Pakistan, with a 4.1% share.
What is the average export price for goat meat in Southern Asia?
+
In 2020, the goat meat export price in Southern Asia amounted to $3,123 per tonne, reducing by -13.1% against the previous year.
What is the average import price for goat meat in Southern Asia?
+
In 2020, the goat meat import price in Southern Asia amounted to $3,618 per tonne, increasing by 5.5% against the previous year.

Product coverage:
• FCL 1017 - Goat meat

This report provides an in-depth analysis of the goat meat market in Southern 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 Southern Asia, split by region and country
• Trade (exports and imports) in Southern 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

• Afghanistan
• Bangladesh
• Bhutan
• India
• Maldives
• Nepal
• Pakistan
• Sri Lanka
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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