Report Update Feb 1, 2025

Bangladesh - Goat Meat - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Goat Meat Market 2025

Goat Meat Market Size in Bangladesh

The Bangladeshi goat meat market declined to $X in 2022, waning by -2.1% against the previous year. Over the period under review, consumption continues to indicate a pronounced setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Goat Meat Production in Bangladesh

In value terms, goat meat production reduced modestly to $X in 2022 estimated in export price. In general, production recorded a abrupt descent. The pace of growth appeared the most rapid in 2015 when the production volume increased by 29%. Goat meat production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In 2022, the average goat meat yield in Bangladesh stood at X kg per head, standing approx. at 2021 figures. Overall, the yield recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the yield increased by 4.3% against the previous year. The goat meat yield peaked in 2022 and is likely to continue growth in years to come.

The number of animals slaughtered for goat meat production in Bangladesh dropped to X heads in 2022, remaining relatively unchanged against 2021 figures. In general, the number of producing animals, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 2.2%. Over the period under review, this number hit record highs at X heads in 2021, and then dropped in the following year.

Goat Meat Exports

Exports from Bangladesh

After three years of decline, overseas shipments of goat meat increased by 63% to X tons in 2022. In general, exports posted a buoyant expansion. The pace of growth was the most pronounced in 2014 with an increase of 964%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, goat meat exports skyrocketed to $X in 2022. Overall, exports posted a pronounced expansion. The growth pace was the most rapid in 2014 with an increase of 602%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Qatar (X tons) was the main destination for goat meat exports from Bangladesh, with a 97% share of total exports. Moreover, goat meat exports to Qatar exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Qatar amounted to +19.3%.

In value terms, Qatar ($X) remains the key foreign market for goat meat exports from Bangladesh, comprising 92% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an 8.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Qatar totaled +11.0%.

Export Prices by Country

The average goat meat export price stood at $X per ton in 2022, growing by 22% against the previous year. Overall, the export price, however, continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2015 when the average export price increased by 29%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Qatar totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-3.5%), while the prices for the other major destinations experienced a decline.

Goat Meat Imports

Imports into Bangladesh

In 2018, approx. X tons of goat meat were imported into Bangladesh; with an increase of 19% on the previous year's figure. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, goat meat imports surged to $X in 2018. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2018, Ethiopia (X tons) was the main supplier of goat meat to Bangladesh, accounting for a approx. 100% share of total imports.

From 2012 to 2018, the average annual rate of growth in terms of volume from Ethiopia amounted to +24.5%.

In value terms, Ethiopia ($X) constituted the largest supplier of goat meat to Bangladesh.

From 2012 to 2018, the average annual rate of growth in terms of value from Ethiopia amounted to +34.4%.

Import Prices by Country

In 2018, the average goat meat import price amounted to $X per ton, surging by 12% against the previous year. In general, the import price showed a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2018, the rate of growth in terms of prices for Ethiopia amounted to +7.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for goat meat in the world?

The country with the largest volume of goat meat consumption was China, comprising approx. 38% of total volume. Moreover, goat meat consumption in China exceeded the figures recorded by the second-largest consumer, India, fourfold. The third position in this ranking was occupied by Pakistan, with an 8.2% share.

What are the largest producers of goat meat in the world?

China constituted the country with the largest volume of goat meat production, comprising approx. 38% of total volume. Moreover, goat meat production in China exceeded the figures recorded by the second-largest producer, India, fourfold. Pakistan ranked third in terms of total production with an 8.2% share.

What are the leading suppliers of goat meat to Bangladesh?

In value terms, Ethiopia constituted the largest supplier of goat meat to Bangladesh.

What are the leading importers of goat meat from Bangladesh?

In value terms, Qatar remains the key foreign market for goat meat exports from Bangladesh, comprising 90% of total exports. The second position in the ranking was occupied by the United Arab Emirates, with a 10% share of total exports.

What is the average export price for goat meat in Bangladesh?

The average goat meat export price stood at $2,271 per ton in 2021, with an increase of 4.3% against the previous year.

What is the average import price for goat meat in Bangladesh?

In 2018, the average goat meat import price amounted to $5,473 per ton, increasing by 12% against the previous year.

This report provides an in-depth analysis of the goat meat market in Bangladesh. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 1017 - Goat meat

Country coverage:

Bangladesh

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bangladesh
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Producing Animals Slaughtered, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024