Australia and Oceania: Goat Meat Market 2025

Goat Meat Market Size in Australia and Oceania

The goat meat market in Australia and Oceania contracted notably to $X in 2022, waning by -75.9% against the previous year. Over the period under review, consumption showed a abrupt contraction. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Goat Meat Production in Australia and Oceania

In value terms, goat meat production fell slightly to $X in 2022 estimated in export price. The total production indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.4% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 31% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

The country with the largest volume of goat meat production was Australia (X tons), comprising approx. 91% of total volume. Moreover, goat meat production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tons), more than tenfold.

In Australia, goat meat production shrank by an average annual rate of -5.2% over the period from 2012-2022.

The average goat meat yield dropped notably to X kg per head in 2022, which is down by -17.2% against the previous year's figure. Over the period under review, the yield recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the yield increased by 20%. As a result, the yield reached the peak level of X kg per head. From 2021 to 2022, the growth of the goat meat yield remained at a lower figure.

The global number of animals slaughtered for goat meat production reached X heads in 2022, remaining relatively unchanged against the previous year. In general, the number of producing animals, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2013 when the number of producing animals increased by 12% against the previous year. Over the period under review, this number attained the peak level at X heads in 2016; however, from 2017 to 2022, producing animals failed to regain momentum.

Goat Meat Exports

Exports in Australia and Oceania

In 2022, approx. X tons of goat meat were exported in Australia and Oceania; picking up by 8.4% on 2021. Overall, exports, however, recorded a pronounced reduction. The growth pace was the most rapid in 2021 when exports increased by 45%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, goat meat exports contracted modestly to $X in 2022. Total exports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 79% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia prevails in exports structure, finishing at X tons, which was near 95% of total exports in 2022. It was distantly followed by New Zealand (X tons), comprising a 5.3% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to goat meat exports from Australia stood at -4.1%. At the same time, New Zealand (+3.2%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +3.2% from 2012-2022. From 2012 to 2022, the share of New Zealand increased by +2.7 percentage points.

In value terms, Australia ($X) remains the largest goat meat supplier in Australia and Oceania, comprising 95% of total exports. The second position in the ranking was held by New Zealand ($X), with a 5.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled +2.8%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, declining by -9.7% against the previous year. Export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, goat meat export price increased by +98.8% against 2012 indices. The growth pace was the most rapid in 2014 when the export price increased by 27% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+7.2%).

Goat Meat Imports

Imports in Australia and Oceania

In 2022, supplies from abroad of goat meat increased by 280% to X tons, rising for the second consecutive year after two years of decline. In general, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 590% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, goat meat imports soared to $X in 2022. Overall, imports posted strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Fiji represented the largest importer of goat meat in Australia and Oceania, with the volume of imports amounting to X tons, which was approx. 53% of total imports in 2022. New Zealand (X tons) took the second position in the ranking, followed by Australia (X tons). All these countries together took near 39% share of total imports. Papua New Guinea (X tons) and Cook Islands (X tons) followed a long way behind the leaders.

Imports into Fiji increased at an average annual rate of +8.4% from 2012 to 2022. At the same time, Australia (+27.4%), New Zealand (+20.3%) and Papua New Guinea (+11.9%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +27.4% from 2012-2022. By contrast, Cook Islands (-9.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of New Zealand and Australia increased by +21 and +13 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Fiji ($X) constitutes the largest market for imported goat meat in Australia and Oceania, comprising 52% of total imports. The second position in the ranking was taken by Australia ($X), with a 23% share of total imports. It was followed by New Zealand, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Fiji amounted to +12.0%. The remaining importing countries recorded the following average annual rates of imports growth: Australia (+25.9% per year) and New Zealand (+31.8% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, rising by 6% against the previous year. In general, the import price showed a notable increase. The pace of growth appeared the most rapid in 2019 an increase of 154%. Over the period under review, import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+9.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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