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World - Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
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Global Goat Meat Market Overview 2021

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Goat Meat Market Size

After five years of growth, the global goat meat market decreased by -X% to $X in 2020. In general, the total consumption indicated resilient growth 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 increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Over the period under review, the global market attained the maximum level at $X in 2019, and then contracted in the following year.

Goat Meat Production

In value terms, goat meat production dropped to $X in 2020 estimated in export prices. Overall, production showed prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, global production hit record highs at $X in 2019, and then dropped modestly in the following year.

China (X tonnes) constituted the country with the largest volume of goat meat production, accounting for X% of total volume. Moreover, goat meat production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), ninefold. Pakistan (X tonnes) ranked third in terms of total production with a X% share.

In China, goat meat production 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: India (+X% per year) and Pakistan (+X% per year).

In 2020, the global average yield of goat meat declined to X kg per head, remaining stable against 2019 figures. Overall, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the yield attained the peak level of X kg per head. From 2018 to 2020, the growth of the average goat meat yield remained at a somewhat lower figure.

In 2020, approx. X heads of animals slaughtered for goat meat production worldwide; increasing by X% against 2019. This number increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the number of producing animals increased by X% y-o-y. Over the period under review, this number reached the peak level in 2020 and is likely to see steady growth in the near future.

Production By Country

The country with the largest volume of goat meat production was China (X tonnes), comprising approx. X% of total volume. Moreover, goat meat production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), ninefold. Pakistan (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 China totaled +X%. In the other countries, the average annual rates were as follows: India (+X% per year) and Pakistan (+X% per year).

Goat Meat Exports

Exports

In 2020, the amount of goat meat exported worldwide reduced to X tonnes, shrinking by -X% on 2019. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Global 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 declined to $X in 2020. In general, exports, however, showed a notable increase. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, global exports reached the maximum at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

Exports by Country

Ethiopia (X tonnes), Australia (X tonnes) and Kenya (X tonnes) represented roughly X% of total exports of goat meat in 2020. India (X tonnes) occupied an X% share (based on tonnes) of total exports, which put it in second place, followed by Spain (X%). France (X tonnes), New Zealand (X tonnes), Greece (X tonnes), the Netherlands (X tonnes), China (X tonnes), Tanzania (X tonnes), Pakistan (X tonnes) and Sudan (X tonnes) followed a long way behind the leaders.

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

In value terms, Australia ($X), Ethiopia ($X) and Kenya ($X) were the countries with the highest levels of exports in 2020, with a combined X% share of global exports.

Kenya saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average goat meat export price stood at $X per tonne in 2020, shrinking by -X% against the previous year. Overall, export price indicated notable growth 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. The growth pace was the most rapid in 2010 an increase of X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2019, and then dropped 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 China ($X per tonne), while India ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Goat Meat Imports

Imports

In 2020, global goat meat imports contracted remarkably to X tonnes, with a decrease of -X% compared with the year before. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. As a result, imports reached the peak of X tonnes. From 2015 to 2020, the growth of global imports remained at a lower figure.

In value terms, goat meat imports shrank dramatically to $X in 2020. Over the period under review, total imports indicated a moderate 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, imports decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Over the period under review, global imports attained the peak figure at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the U.S. (X tonnes) and the United Arab Emirates (X tonnes) were the major importers of goat meatacross the globe, together resulting at near X% of total imports. Saudi Arabia (X tonnes) took the next position in the ranking, followed by Taiwan (Chinese) (X tonnes), Portugal (X tonnes) and Oman (X tonnes). All these countries together held near X% share of total imports. The following importers - South Korea (X tonnes), France (X tonnes), Bahrain (X tonnes), Canada (X tonnes), Trinidad and Tobago (X tonnes), Italy (X tonnes) and Hong Kong SAR (X tonnes) - together made up X% of total imports.

From 2007 to 2020, the biggest increases were in South Korea, while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest goat meat importing markets worldwide were the U.S. ($X), the United Arab Emirates ($X) and Saudi Arabia ($X), together comprising X% of global imports. These countries were followed by Portugal, Taiwan (Chinese), Trinidad and Tobago, South Korea, Oman, Canada, Hong Kong SAR, Italy, France and Bahrain, which together accounted for a further X terms of the main importing countries, South Korea saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average goat meat import price amounted to $X per tonne, surging by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2010 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum in 2020 and is expected to retain growth in years to come.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for goat meat in the world?
+
The country with the largest volume of goat meat consumption was China (4.8M tonnes), accounting for 54% of total volume. Moreover, goat meat consumption in China exceeded the figures recorded by the second-largest consumer, India (551K tonnes), ninefold. Pakistan (518K tonnes) ranked third in terms of total consumption with a 5.9% share.
What are the largest producers of goat meat in the world?
+
China (4.8M tonnes) constituted the country with the largest volume of goat meat production, comprising approx. 54% of total volume. Moreover, goat meat production in China exceeded the figures recorded by the second-largest producer, India (555K tonnes), ninefold. The third position in this ranking was occupied by Pakistan (518K tonnes), with a 5.9% share.
What are the leading exporters of goat meat in the world?
+
In value terms, Australia ($81M), Ethiopia ($66M) and Kenya ($50M) were the countries with the highest levels of exports in 2020, together comprising 67% of global exports.
What are the leading importers of goat meat in the world?
+
In value terms, the U.S. ($78M), the United Arab Emirates ($46M) and Saudi Arabia ($16M) constituted the countries with the highest levels of imports in 2020, with a combined 55% share of global imports. Portugal, Taiwan (Chinese), Trinidad and Tobago, South Korea, Oman, Canada, Hong Kong SAR, Italy, France and Bahrain lagged somewhat behind, together accounting for a further 33%.
What is the average export price for goat meat in the world?
+
The average goat meat export price stood at $5,787 per tonne in 2020, falling by -9.3% against the previous year.
What is the average import price for goat meat in the world?
+
In 2020, the average goat meat import price amounted to $6,213 per tonne, increasing by 6.4% against the previous year.

Product coverage:
• FCL 1017 - Goat meat

This report provides an in-depth analysis of the global goat meat market. 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:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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. GLOBAL 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. GLOBAL 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. GLOBAL 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

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
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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