Argentina: Market for Sheep And Goat Meat 2022

Market Size for Sheep And Goat Meat in Argentina

The Argentinian sheep and goat meat market expanded notably to $X in 2021, growing by X% against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Production of Sheep And Goat Meat in Argentina

In value terms, sheep and goat meat production rose remarkably 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; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

The average yield of sheep and goat meat in Argentina amounted to X kg per X heads in 2021, picking up by X% against the previous year. In general, the yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, the yield attained the peak level of X kg per X heads. From 2020 to 2021, the growth of the average sheep and goat meat yield remained at a lower figure.

In 2021, the number of animals slaughtered for sheep and goat meat production in Argentina declined modestly to X heads, waning by -X% compared with 2020 figures. Over the period under review, the number of producing animals showed a perceptible downturn. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, this number attained the peak level at X heads in 2013; however, from 2014 to 2021, producing animals stood at a somewhat lower figure.

Exports of Sheep And Goat Meat

Exports from Argentina

In 2021, after three years of growth, there was significant decline in shipments abroad of sheep and goat meat, when their volume decreased by -X% to X tons. In general, exports, however, continue to indicate tangible growth. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2020, and then declined sharply in the following year.

In value terms, sheep and goat meat exports reduced to $X in 2021. Over the period under review, exports, however, showed a prominent expansion. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020, and then declined in the following year.

Exports by Country

Sri Lanka (X tons), Oman (X tons) and Hong Kong SAR (X tons) were the main destinations of sheep and goat meat exports from Argentina.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sri Lanka (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sheep and goat meat exported from Argentina were Hong Kong SAR ($X), Sri Lanka ($X) and Oman ($X Lanka, with a CAGR of +X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sheep and goat meat export price stood at $X per ton in 2021, rising by X% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sheep and goat meat export price decreased by -X% against 2019 indices. The pace of growth was the most pronounced in 2019 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sheep And Goat Meat

Imports into Argentina

In value terms, sheep and goat meat imports amounted to less than $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2015, Tanzania (X tons) was the main sheep and goat meat supplier to Argentina, with a approx. X% share of total imports.

From 2012 to 2015, the average annual growth rate of volume from Tanzania was relatively modest.

In value terms, Tanzania ($X) constituted the largest supplier of sheep and goat meat to Argentina.

From 2012 to 2015, the average annual growth rate of value from Tanzania was relatively modest.

Import Prices by Country

The average sheep and goat meat import price stood at $X per ton in 2015, remaining constant against the previous year. In general, the import price showed a relatively flat trend pattern. The import price peaked in 2015 and is likely to see steady growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Tanzania.

From 2012 to 2015, the rate of growth in terms of prices for Tanzania amounted to X% per year.

Source: IndexBox Platform