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U.S. - Sheep And Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

U.S. - Sheep And Goat Meat - Market Analysis, Forecast, Size, Trends and Insights

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Aug 3, 2022

Sheep and Goat Meat Price per Ton May 2022

U.S. Sheep And Goat Meat Import Price per Ton May 2022

In May 2022, the sheep and goat meat price per ton amounted to $9,657 (CIF, US), falling by -8.8% against the previous month. Over the last four months, it increased at an average monthly rate of +3.0%. The pace of growth appeared the most rapid in Mar 2022 when the average import price increased by 17% month-to-month. The import price peaked at $10,584 per ton in Apr 2022, and then contracted in the following month.

Average prices varied somewhat amongst the major supplying countries. In May 2022, the country with the highest price was New Zealand ($10,879 per ton), while the price for Mexico ($8,302 per ton) was amongst the lowest.

From Jan 2022 to May 2022, the most notable rate of growth in terms of prices was attained by Australia (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.

U.S. Sheep And Goat Meat Imports

In May 2022, the amount of sheep and goat meat imported into the United States rose markedly to 16K tons, growing by 11% compared with Apr 2022 figures. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in Mar 2022 with an increase of 46% m-o-m. Imports peaked at 16K tons in Jan 2022; however, from Feb 2022 to May 2022, imports failed to regain momentum.

In value terms, sheep and goat meat imports stood at $154M (IndexBox estimates) in May 2022. In general, total imports indicated a temperate increase from Jan 2022 to May 2022: its value increased at an average monthly rate of +2.3% over the last four months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2022 figures, imports decreased by -7.0% against Mar 2022 indices. The most prominent rate of growth was recorded in Mar 2022 when imports increased by 72% month-to-month. As a result, imports attained the peak of $166M. From Apr 2022 to May 2022, the growth of imports remained at a lower figure.

U.S. Sheep And Goat Meat Imports by Country

In May 2022, Australia (11K tons) constituted the largest sheep and goat meat supplier to the United States, with a 68% share of total imports. Moreover, sheep and goat meat imports from Australia exceeded the figures recorded by the second-largest supplier, New Zealand (4.5K tons), twofold.

From Jan 2022 to May 2022, the average monthly rate of growth in terms of volume from Australia amounted to -5.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: New Zealand (+19.8% per month) and Mexico (+15.1% per month).

In value terms, Australia ($100M) constituted the largest supplier of sheep and goat meat to the United States, comprising 65% of total imports. The second position in the ranking was held by New Zealand ($49M), with a 32% share of total imports.

From Jan 2022 to May 2022, the average monthly rate of growth in terms of value from Australia stood at -2.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: New Zealand (+14.0% per month) and Mexico (+18.4% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for sheep and goat meat in the U.S.. 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
  • FCL 977 - Meat of sheep

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023

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