Africa: Market for Sheep And Goat Meat 2022

Market Size for Sheep And Goat Meat in Africa

In 2021, after five years of growth, there was decline in the African sheep and goat meat market, when its value decreased by -X% to $X. The market value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the market value increased by X%. As a result, consumption reached the peak level of $X, and then fell in the following year.

Production of Sheep And Goat Meat in Africa

In value terms, sheep and goat meat production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X, and then shrank in the following year.

The countries with the highest volumes of in 2021 were Nigeria (X tons), Ethiopia (X tons) and Chad (X tons), with a combined X% share of total production.

From 2012 to 2021, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Ethiopia (with a CAGR of +X%), while production for the other leaders experienced more modest paces of growth.

The average sheep and goat meat yield reduced modestly to X kg per head in 2021, with a decrease of -X% against the previous year. Overall, the yield continues to indicate a slight reduction. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The level of yield peaked at X kg per head in 2013; however, from 2014 to 2021, the yield failed to regain momentum.

In 2021, number of animals slaughtered for sheep and goat meat production in Africa expanded modestly to X heads, increasing by X% on the previous year's figure. This number increased at an average annual rate of +X% from 2012 to 2021; 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 2018 with an increase of X%. Over the period under review, this number reached the peak level in 2021 and is likely to see gradual growth in the near future.

Exports of Sheep And Goat Meat

Exports in Africa

In 2021, approx. X tons of sheep and goat meat were exported in Africa; increasing by X% compared with the year before. The total export volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when exports increased by X%. The volume of export peaked in 2021 and is likely to see steady growth in the near future.

In value terms, sheep and goat meat exports stood at $X in 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Ethiopia (X tons) and Kenya (X tons) prevails in exports structure, together mixing up X% of total exports. Tanzania (X tons), Somalia (X tons) and Sudan (X tons) took a minor share of total exports.

From 2012 to 2021, the biggest increases were in Kenya (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ethiopia ($X), Kenya ($X) and Sudan ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for X% of total exports.

In terms of the main exporting countries, Kenya, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in Africa amounted to $X per ton, reducing by -X% against the previous year. Over the period under review, the export price recorded a slight slump. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Sudan ($X per ton), while Somalia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ethiopia (+X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Sheep And Goat Meat

Imports in Africa

In 2021, imports of sheep and goat meat in Africa expanded sharply to X tons, picking up by X% against the year before. In general, imports, however, showed a slight shrinkage. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, sheep and goat meat imports reached $X in 2021. Overall, imports, however, saw a mild setback. The growth pace was the most rapid in 2018 when imports increased by X%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Somalia (X tons) was the major importer of sheep and goat meat, comprising X% of total imports. Mali (X tons) ranks second in terms of the total imports with an X% share, followed by Angola (X%), Central African Republic (X%), Democratic Republic of the Congo (X%) and Sudan (X%). Seychelles (X tons), South Sudan (X tons), Cote d'Ivoire (X tons), Libya (X tons), Congo (X tons), Mozambique (X tons) and Gabon (X tons) took a little share of total imports.

Imports into Somalia increased at an average annual rate of +X% from 2012 to 2021. At the same time, Mozambique (+X%), Gabon (+X%), Cote d'Ivoire (+X%), Central African Republic (+X%), Mali (+X%), Congo (+X%), Seychelles (+X%) and Democratic Republic of the Congo (+X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in Africa, with a CAGR of +X% from 2012-2021. By contrast, Angola (-X%), Sudan (-X%), South Sudan (-X%) and Libya (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Somalia, Mali, Central African Republic, Cote d'Ivoire, Mozambique, Gabon and Congo increased by +X, +X, +X, +X, +X, +X and +X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Somalia ($X) constitutes the largest market for imported sheep and goat meat in Africa, comprising X% of total imports. The second position in the ranking was taken by Central African Republic ($X), with a X% share of total imports. It was followed by Angola, with a X% share.

In Somalia, sheep and goat meat imports increased at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Central African Republic (+X% per year) and Angola (-X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2021, remaining stable against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Mozambique ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mozambique (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform