Azerbaijan: Market for Sheep And Goat Meat 2025

Market Size for Sheep And Goat Meat in Azerbaijan

The Azerbaijani sheep and goat meat market fell modestly to $X in 2022, leveling off at the previous year. In general, consumption showed a mild downturn. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Sheep And Goat Meat in Azerbaijan

In value terms, sheep and goat meat production declined modestly to $X in 2022 estimated in export price. Overall, production recorded a perceptible decline. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

The average yield of sheep and goat meat in Azerbaijan stood at X kg per head in 2022, stabilizing at the previous year. In general, the yield continues to indicate a relatively flat trend pattern. The sheep and goat meat yield peaked in 2022 and is expected to retain growth in the near future.

In 2022, approx. X heads of animals slaughtered for sheep and goat meat production in Azerbaijan; approximately equating the previous year's figure. This number increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, this number reached the maximum level at X heads in 2021, and then fell modestly in the following year.

Exports of Sheep And Goat Meat

Exports from Azerbaijan

Sheep and goat meat exports from Azerbaijan fell markedly to X kg in 2022, reducing by X% on the previous year's figure. Over the period under review, exports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, sheep and goat meat exports contracted notably to $X in 2022. Overall, exports, however, saw resilient growth. The growth pace was the most rapid in 2017 with an increase of X%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Qatar (X kg) was the main destination for sheep and goat meat exports from Azerbaijan, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Qatar totaled X%.

In value terms, Qatar ($X) emerged as the key foreign market for sheep and goat meat exports from Azerbaijan.

From 2012 to 2022, the average annual growth rate of value to Qatar totaled X%.

Export Prices by Country

The average sheep and goat meat export price stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price showed prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to X% per year.

Imports of Sheep And Goat Meat

Imports into Azerbaijan

Sheep and goat meat imports into Azerbaijan skyrocketed to X tons in 2022, rising by X% against the previous year's figure. Over the period under review, imports, however, saw a abrupt shrinkage. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, sheep and goat meat imports skyrocketed to $X in 2022. Overall, imports, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest sheep and goat meat supplier to Azerbaijan, with a X% share of total imports. Moreover, sheep and goat meat imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. Mongolia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Saudi Arabia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Mongolia (X% per year).

In value terms, Luxembourg ($X), Turkey ($X) and Saudi Arabia ($X) appeared to be the largest sheep and goat meat suppliers to Azerbaijan, together accounting for X% of total imports. Australia, Mongolia and Russia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Russia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average sheep and goat meat import price amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price, however, recorded a strong increase. The growth pace was the most rapid in 2020 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Luxembourg ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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