Angola: Market for Sheep And Goat Meat 2024

Market Size for Sheep And Goat Meat in Angola

The Angolan sheep and goat meat market fell to $X in 2022, dropping by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Sheep And Goat Meat in Angola

In value terms, sheep and goat meat production declined markedly to $X in 2022 estimated in export price. Overall, production, however, recorded measured growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

In 2022, the average yield of sheep and goat meat in Angola contracted modestly to X kg per head, leveling off at 2021. In general, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the yield increased by X%. The sheep and goat meat yield peaked at X kg per head in 2021, and then shrank modestly in the following year.

In 2022, the number of animals slaughtered for sheep and goat meat production in Angola reduced slightly to X heads, flattening at the previous year. Over the period under review, the number of producing animals, however, saw a slight expansion. The most prominent rate of growth was recorded in 2018 when the number of producing animals increased by X% against the previous year. Over the period under review, this number attained the maximum level at X heads in 2021, and then declined modestly in the following year.

Exports of Sheep And Goat Meat

Exports from Angola

In 2022, shipments abroad of sheep and goat meat was finally on the rise to reach X kg after two years of decline. Overall, exports, however, faced a dramatic curtailment. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, sheep and goat meat exports surged to $X in 2022. Over the period under review, exports, however, faced a sharp downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X kg), Liberia (X kg) and Democratic Republic of the Congo (X kg) were the main destinations of sheep and goat meat exports from Angola, together comprising X% of total exports.

From 2015 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for sheep and goat meat exported from Angola were Liberia ($X), Democratic Republic of the Congo ($X) and Portugal ($X), together accounting for X% of total exports.

Liberia, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average sheep and goat meat export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, continues to indicate a abrupt descent. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahamas (X%), while the prices for the other major destinations experienced a decline.

Imports of Sheep And Goat Meat

Imports into Angola

In 2022, purchases abroad of sheep and goat meat increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, sheep and goat meat imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt curtailment. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of sheep and goat meat to Angola, accounting for a X% share of total imports. Moreover, sheep and goat meat imports from India exceeded the figures recorded by the second-largest supplier, Portugal (X tons), threefold. The third position in this ranking was held by Belgium (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (X% per year) and Belgium (X% per year).

In value terms, India ($X) constituted the largest supplier of sheep and goat meat to Angola, comprising X% of total imports. The second position in the ranking was held by Uruguay ($X), with a X% share of total imports. It was followed by Portugal, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (X% per year) and Portugal (X% per year).

Import Prices by Country

In 2022, the average sheep and goat meat import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, saw a noticeable setback. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uruguay ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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