China - Sheep And Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Feb 1, 2025

China - Sheep And Goat Meat - Market Analysis, Forecast, Size, Trends and Insights

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Sheep And Goat Meat Prices in China

China Sheep And Goat Meat Import Price in September 2022

In September 2022, the sheep and goat meat price amounted to $5,365 per ton (CIF, China), shrinking by -3% against the previous month. Over the period under review, the import price saw a pronounced slump. The pace of growth was the most pronounced in May 2022 when the average import price increased by 2.2% m-o-m. Over the period under review, average import prices hit record highs at $6,422 per ton in February 2022; however, from March 2022 to September 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In September 2022, the country with the highest price was New Zealand ($5,637 per ton), while the price for Uruguay ($4,615 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Australia (-2.0%), while the prices for the other major suppliers experienced a decline.

China Sheep And Goat Meat Import Prices by Type

Average prices varied noticeably amongst the major supplied products. In September 2022, the product with the highest price was lamb and sheep meat ($5,365 per ton), while the price for goat meat totaled $5,182 per ton.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by goat meat (+2.3%).

China Sheep And Goat Meat Imports

In September 2022, approximately 29K tons of sheep and goat meat were imported into China; with an increase of 10% compared with the month before. Over the period under review, imports, however, showed a perceptible descent. The growth pace was the most rapid in March 2022 with an increase of 33% against the previous month. Imports peaked at 38K tons in January 2022; however, from February 2022 to September 2022, imports stood at a somewhat lower figure.

In value terms, sheep and goat meat imports rose remarkably to $158M (IndexBox estimates) in September 2022. In general, imports, however, recorded a deep reduction. The pace of growth was the most pronounced in March 2022 when imports increased by 31% against the previous month. Imports peaked at 242K tons in January 2022; however, from February 2022 to September 2022, imports remained at a lower figure.

China Sheep And Goat Meat Imports by Type

In September 2022, lamb and sheep meat (29K tons) was the main type of sheep and goat meat supplied to China, accounting for a 99.9% share of total imports. It was followed by goat meat (3.3 tons), with less than 0.1% share of total imports.

From January 2022 to September 2022, the average monthly growth rate of the volume of import of lamb and sheep meat stood at -3.2%.

In value terms, lamb and sheep meat ($158M) constituted the largest type of sheep and goat meat supplied to China, comprising 99.9% of total imports. The second position in the ranking was taken by goat meat ($17K), with less than 0.1% share of total imports.

China Sheep And Goat Meat Imports by Country

New Zealand (16K tons), Australia (13K tons) and Uruguay (413 tons) were the main suppliers of sheep and goat meat imports to China, together comprising 100% of total imports.

From January 2022 to September 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by New Zealand (with a CAGR of -2.4%), while imports for the other leaders experienced a decline.

In value terms, New Zealand ($92M), Australia ($64M) and Uruguay ($1.9M) were the largest sheep and goat meat suppliers to China, with a combined 100% share of total imports.

In terms of the main suppliers, New Zealand, with a CAGR of -4.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for sheep and goat meat in China. 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:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    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 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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, 2012–2024
    23. Production, In Value Terms, 2012–2024
    24. Producing Animals Slaughtered, 2012–2024
    25. Yield, 2012–2024
    26. Imports, In Physical Terms, 2012–2024
    27. Imports, In Value Terms, 2012–2024
    28. Imports, In Physical Terms, By Country, 2024
    29. Imports, In Physical Terms, By Country, 2012–2024
    30. Imports, In Value Terms, By Country, 2012–2024
    31. Import Prices, By Country Of Origin, 2012–2024
    32. Exports, In Physical Terms, 2012–2024
    33. Exports, In Value Terms, 2012–2024
    34. Exports, In Physical Terms, By Country, 2024
    35. Exports, In Physical Terms, By Country, 2012–2024
    36. Exports, In Value Terms, By Country, 2012–2024
    37. Export Prices, By Country Of Destination, 2012–2024
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