U.S. - Sheep And Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSheep And Goat Meat Prices in the United States
U.S. Sheep And Goat Meat Import Price per Ton in June 2022
In June 2022, the sheep and goat meat price per ton amounted to $10.8K (CIF, US), surging by 12% against the previous month. Over the period from January 2022 to June 2022, it increased at an average monthly rate of +4.6%. The pace of growth was the most pronounced in March 2022 an increase of 17% m-o-m. Over the period under review, average import prices attained the peak figure in June 2022.
Prices varied noticeably by the country of origin: the country with the highest price was New Zealand ($13.7K per ton), while the price for Mexico ($8.0K per ton) was amongst the lowest.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Sheep And Goat Meat Import Prices by Type
Average prices varied somewhat amongst the major supplied products. In August 2022, the product with the highest price was lamb and sheep meat ($10.5K per ton), while the price for goat meat totaled $7.7K per ton.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by lamb and sheep meat (+2.3%).
U.S. Sheep And Goat Meat Imports
In August 2022, the amount of sheep and goat meat imported into the United States reduced to 13K tons, which is down by -7.6% compared with the previous month's figure. Overall, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in March 2022 when imports increased by 46% month-to-month.
In value terms, sheep and goat meat imports fell to $129M (IndexBox estimates) in August 2022. In general, imports recorded a slight shrinkage. The most prominent rate of growth was recorded in March 2022 with an increase of 72% m-o-m. As a result, imports reached the peak of $166M. From April 2022 to August 2022, the growth of imports remained at a somewhat lower figure.
U.S. Sheep And Goat Meat Imports by Type
In August 2022, lamb and sheep meat (12K tons) was the main type of sheep and goat meat supplied to the United States, with a 94% share of total imports. Moreover, lamb and sheep meat exceeded the figures recorded for the second-largest type, goat meat (715 tons), more than tenfold.
From January 2022 to August 2022, the average monthly rate of growth in terms of the volume of import of lamb and sheep meat amounted to -1.9%.
In value terms, lamb and sheep meat ($123M) constituted the largest type of sheep and goat meat supplied to the United States, comprising 96% of total imports. The second position in the ranking was taken by goat meat ($5.5M), with a 4.3% share of total imports.
U.S. Sheep And Goat Meat Imports by Country
In June 2022, Australia (9.4K tons) constituted the largest supplier of sheep and goat meat to the United States, with a 72% share of total imports. Moreover, sheep and goat meat imports from Australia exceeded the figures recorded by the second-largest supplier, New Zealand (3K tons), threefold.
From January 2022 to June 2022, the average monthly growth rate of volume from Australia totaled -7.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: New Zealand (+6.7% per month) and Mexico (+9.7% per month).
In value terms, Australia ($95M) constituted the largest supplier of sheep and goat meat to the United States, comprising 67% of total imports. The second position in the ranking was held by New Zealand ($42M), with a 30% share of total imports.
From January 2022 to June 2022, the average monthly rate of growth in terms of value from Australia stood at -2.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: New Zealand (+7.4% per month) and Mexico (+11.2% per month).
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:
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In May 2022, the sheep and goat meat price per ton amounted to $9,657 per ton, falling by -8.8% against the previous month.
806
In Feb 2023, the price of goat meat was $6,678 per ton (CIF, US), down -4.4% compared to the prior month.
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In June 2022, the goat meat price per tonstood at $7,159 per ton, remaining constant against the previous month.
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In Apr 2022, the average import goat meat price per ton amounted to $7,166, therefore, remained relatively stable against the previous month.
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In July 2022, the lamb and sheep meat price per ton stood at $10,654, falling by -6.5% against the previous month.
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The lamb and sheep meat price per ton stood at $10,167 (CIF, US) in May 2022, which is down by -12.1% against the previous month.
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Global goat meat consumption amounted to X thousand tons in 2015, leveling off at the previous year level.
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From 2007 to 2015, exports on the global goat meat market decreased to X million USD. In physical terms, they stood at X thousand tons in 2015, X thousand tons down on the previous year.
