United Kingdom: Market for Sheep And Goat Meat 2024

Market Size for Sheep And Goat Meat in the UK

The UK sheep and goat meat market expanded significantly to $X in 2022, surging by X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Sheep and goat meat consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Sheep And Goat Meat in the UK

In value terms, sheep and goat meat production rose to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

The average yield of sheep and goat meat in the UK contracted modestly to X kg per head in 2022, remaining relatively unchanged against 2021. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X%. The sheep and goat meat yield peaked at X kg per head in 2021, and then dropped slightly in the following year.

In 2022, approx. X heads of animals slaughtered for sheep and goat meat production in the UK; with an increase of X% compared with 2021 figures. In general, the number of producing animals, however, recorded a relatively flat trend pattern. Over the period under review, this number hit record highs at X heads in 2017; however, from 2018 to 2022, producing animals remained at a lower figure.

Exports of Sheep And Goat Meat

Exports from the UK

After two years of decline, shipments abroad of sheep and goat meat increased by X% to X tons in 2022. In general, exports, however, continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, sheep and goat meat exports totaled $X in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for sheep and goat meat exports from the UK, accounting for a X% share of total exports. Moreover, sheep and goat meat exports to France exceeded the volume sent to the second major destination, Germany (X tons), threefold. The third position in this ranking was taken by Belgium (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Belgium (X% per year).

In value terms, France ($X) remains the key foreign market for sheep and goat meat exports from the UK, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with an X% share of total exports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual growth rate of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the average sheep and goat meat export price amounted to $X per ton, with a decrease of X% against the previous year. In general, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sheep and goat meat export price increased by X% against 2019 indices. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sheep And Goat Meat

Imports into the UK

In 2022, supplies from abroad of sheep and goat meat was finally on the rise to reach X tons for the first time since 2015, thus ending a six-year declining trend. Over the period under review, imports, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, sheep and goat meat imports surged to $X in 2022. In general, imports, however, saw a perceptible decrease. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, New Zealand (X tons) constituted the largest supplier of sheep and goat meat to the UK, with a X% share of total imports. Moreover, sheep and goat meat imports from New Zealand exceeded the figures recorded by the second-largest supplier, Australia (X tons), threefold. Ireland (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from New Zealand stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Ireland (X% per year).

In value terms, New Zealand ($X) constituted the largest supplier of sheep and goat meat to the UK, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with an X% share of total imports. It was followed by Ireland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from New Zealand stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Ireland (X% per year).

Import Prices by Country

In 2022, the average sheep and goat meat import price amounted to $X per ton, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from New Zealand ($X per ton) and Australia ($X per ton), while the price for Ireland ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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