India - Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingIndia's Exports of Goat Meat Reach a High of $744K in 2023
India Goat Meat Exports
In 2023, shipments abroad of goat meat increased by 156% to 228 tons, rising for the third consecutive year after two years of decline. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2018 with an increase of 844% against the previous year. The exports peaked in 2023 and are expected to retain growth in the near future.
In value terms, goat meat exports soared to $744K (IndexBox estimates) in 2023. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 573%. Over the period under review, the exports attained the peak figure in 2023 and are expected to retain growth in the immediate term.
| COUNTRY | Export Value of Goat Meat in India (thousand USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Oman | 10.0 | 8.7 | 12.9 | 5.2 | 0.3 | 2.1 | 0.9 | N/A | 106 | 257 | 621 |
| Bahrain | 0.2 | 1.7 | 0.7 | 0.3 | N/A | 0.1 | 0.1 | N/A | 8.9 | 23.1 | 59.7 |
| Qatar | 58.8 | 35.1 | 40.2 | 8.1 | 0.3 | 2.0 | 0.2 | N/A | 10.0 | 12.6 | 26.5 |
| United Arab Emirates | 0.4 | N/A | 0.3 | 0.1 | N/A | 0.1 | N/A | N/A | 4.9 | 6.7 | 19.8 |
| Saudi Arabia | 9.7 | 4.8 | 1.4 | 0.2 | N/A | N/A | N/A | N/A | 3.6 | 4.5 | 2.9 |
| Others | 1.4 | 0.7 | 0.7 | 0.1 | N/A | N/A | N/A | N/A | 2.1 | 5.0 | 13.8 |
| Total | 80.4 | 51.0 | 56.2 | 14.0 | 0.7 | 4.5 | 1.3 | N/A | 135 | 309 | 744 |
Exports by Country
Oman (114 tons), Bahrain (60 tons) and Qatar (34 tons) were the main destinations of goat meat exports from India, together accounting for 91% of total exports.
From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bahrain (with a CAGR of +118.6%), while the other leaders experienced more modest paces of growth.
In value terms, Oman ($621K) remains the key foreign market for goat meat exports from India, comprising 84% of total exports. The second position in the ranking was held by Bahrain ($60K), with an 8% share of total exports. It was followed by Qatar, with a 3.6% share.
From 2013 to 2023, the average annual rate of growth in terms of value to Oman totaled +51.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+74.8% per year) and Qatar (-7.7% per year).
Export Prices by Country
In 2023, the goat meat price stood at $3,263 per ton (FOB, India), dropping by -5.9% against the previous year. In general, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2016 when the average export price increased by 31% against the previous year. The export price peaked at $6,297 per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($5,460 per ton), while the average price for exports to Qatar ($784 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Oman (-6.9%), while the prices for the other major destinations experienced a decline.
This report provides an in-depth analysis of the goat meat market in India. 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 2030.
Product coverage:
- FCL 1017 - Goat meat
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Producing Animals Slaughtered, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
