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World - Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Global Goat Meat Market Overview 2020

Goat Meat Market Size

The global goat meat market rose rapidly to $X in 2019, growing by X% against the previous year. Overall, the total consumption indicated a strong expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2013 when the market value increased by X% y-o-y. Over the period under review, the global market hit record highs in 2019 and is likely to continue growth in the immediate term.

Goat Meat Production

In value terms, goat meat production expanded markedly to $X in 2019 estimated in export prices. Over the period under review, production continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, global production reached the maximum level in 2019 and is likely to continue growth in the near future.

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), fivefold. The third position in this ranking was occupied by Pakistan (X tonnes), with a X% share.

In China, goat meat production expanded at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: India (-X% per year) and Pakistan (+X% per year).

The global average goat meat yield contracted to X kg per head in 2019, flattening at the previous year. In general, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X kg per head; afterwards, it flattened through to 2019.

In 2019, approx. X heads of animals slaughtered for goat meat production worldwide; growing by X% against 2018 figures. This number increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, this number hit record highs in 2019 and is likely to continue growth in years to come.

Production By Country

China (X tonnes) remains the largest goat meat producing country worldwide, comprising approx. X% of total volume. Moreover, goat meat production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), fivefold. Pakistan (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2019, the average annual rate of growth in terms 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 2019, approx. X tonnes of goat meat were exported worldwide; growing by X% against the year before. The total export volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 attained the peak figure at X tonnes in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

In value terms, goat meat exports expanded slightly to $X in 2019. Overall, exports showed prominent growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Global exports peaked at $X in 2017; however, from 2018 to 2019, exports failed to regain the momentum.

Exports by Country

In 2019, Australia (X tonnes) represented the major exporter of goat meat, constituting X% of total exports. It was distantly followed by Ethiopia (X tonnes), Kenya (X tonnes) and Spain (X tonnes), together constituting a X% share of total exports. China (X tonnes), Greece (X tonnes), France (X tonnes), New Zealand (X tonnes), Pakistan (X tonnes), Tanzania (X tonnes) and the United Arab Emirates (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the biggest increases were in Spain, while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Australia ($X) remains the largest goat meat supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Ethiopia ($X), with a X% share of global exports. It was followed by Kenya, with a X% share.

From 2007 to 2019, the average annual growth rate of value in Australia amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Ethiopia (+X% per year) and Kenya (+X% per year).

Export Prices by Country

The average goat meat export price stood at $X per tonne in 2019, with a decrease of -X% against the previous year. In general, export price indicated a perceptible expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, goat meat export price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum at $X per tonne in 2017; however, from 2018 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per tonne), while the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2019, 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 2019, after four years of decline, there was growth in overseas purchases of goat meat, when their volume increased by X% to X tonnes. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. From 2015 to 2019, the growth of global imports failed to regain the momentum.

In value terms, goat meat imports soared to $X in 2019. In general, total imports indicated a buoyant increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Global imports peaked at $X in 2014; however, from 2015 to 2019, imports stood at a somewhat lower figure.

Imports by Country

The U.S. represented the largest importing country with an import of about X tonnes, which resulted at X% of total imports. The United Arab Emirates (X tonnes) took an X% share (based on tonnes) of total imports, which put it in second place, followed by Oman (X%) and Taiwan, Chinese (X%). Saudi Arabia (X tonnes), Viet Nam (X tonnes), Portugal (X tonnes), France (X tonnes), Italy (X tonnes), South Korea (X tonnes), Canada (X tonnes) and Trinidad and Tobago (X tonnes) took a little share of total imports.

From 2007 to 2019, average annual rates of growth with regard to goat meat imports into the U.S. stood at +X%. At the same time, Viet Nam (+X%), South Korea (+X%), Portugal (+X%), the United Arab Emirates (+X%), Oman (+X%) and France (+X%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2019. Trinidad and Tobago experienced a relatively flat trend pattern. By contrast, Saudi Arabia (-X%), Canada (-X%), Taiwan, Chinese (-X%) and Italy (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.), the United Arab Emirates (+X p.p.), Viet Nam (+X p.p.), South Korea (+X p.p.), Portugal (+X p.p.) and Oman (+X p.p.) significantly strengthened its position in terms of the global imports, while Taiwan, Chinese and Italy saw its share reduced by -X% and -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported goat meat worldwide, comprising X% of global imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global imports. It was followed by Oman, with a X% share.

In the U.S., goat meat imports expanded at an average annual rate of +X% over the period from 2007-2019. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and Oman (+X% per year).

Import Prices by Country

In 2019, the average goat meat import price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, import price indicated notable growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 when the average import price increased by X% against the previous year. Global import price peaked in 2019 and is expected to retain growth in years to come.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada, 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 (2.4M tonnes), accounting for 39% of total volume. Moreover, goat meat consumption in China exceeded the figures recorded by the second-largest consumer, India (502K tonnes), fivefold. Pakistan (352K tonnes) ranked third in terms of total consumption with a 5.8% share.
What are the largest producers of goat meat in the world?
+
The country with the largest volume of goat meat production was China (2.4M tonnes), accounting for 39% of total volume. Moreover, goat meat production in China exceeded the figures recorded by the second-largest producer, India (502K tonnes), fivefold. The third position in this ranking was occupied by Pakistan (353K tonnes), with a 5.8% share.
What are the leading exporters of goat meat in the world?
+
In value terms, Australia ($148M) remains the largest goat meat supplier worldwide, comprising 43% of global exports. The second position in the ranking was occupied by Ethiopia ($63M), with a 18% share of global exports. It was followed by Kenya, with a 9.6% share.
What are the leading importers of goat meat in the world?
+
In value terms, the U.S. ($139M) constitutes the largest market for imported goat meat worldwide, comprising 45% of global imports. The second position in the ranking was occupied by the United Arab Emirates ($31M), with a 10% share of global imports. It was followed by Oman, with a 4.4% share.
What is the average export price for goat meat in the world?
+
In 2019, the average goat meat export price amounted to $5,768 per tonne, with a decrease of -2% against the previous year.
What is the average import price for goat meat in the world?
+
The average goat meat import price stood at $6,102 per tonne in 2019, picking up by 11% 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:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in World, split by region and country
• Trade (exports and imports) in World
• 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 2007–2019
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 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Producing Animals, By Country, 2007–2019
Table 7:
Yield, By Country, 2007–2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
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, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Producing Animals, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Producing Animals, By Country, 2019
Figure 24:
Producing Animals, By Country, 2007–2019
Figure 25:
Yield, By Country, 2007–2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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