Brazil: Market for Sheep And Goat Meat 2025

Market Size for Sheep And Goat Meat in Brazil

The Brazilian sheep and goat meat market stood at $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Sheep And Goat Meat in Brazil

In value terms, sheep and goat meat production declined modestly to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

In 2022, the average sheep and goat meat yield in Brazil amounted to X kg per head, flattening at 2021 figures. In general, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X kg per head. From 2017 to 2022, the growth of the average sheep and goat meat yield failed to regain momentum.

In 2022, approx. X heads of animals slaughtered for sheep and goat meat production in Brazil; standing approx. at the year before. This number increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The number of animals slaughtered for sheep and goat meat production peaked at X heads in 2021, and then contracted in the following year.

Exports of Sheep And Goat Meat

Exports from Brazil

In 2022, shipments abroad of sheep and goat meat decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then declined in the following year.

In value terms, sheep and goat meat exports skyrocketed to $X in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Marshall Islands (X tons), Panama (X tons) and Liberia (X tons) were the main destinations of sheep and goat meat exports from Brazil, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Marshall Islands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Marshall Islands ($X), Liberia ($X) and Panama ($X) constituted the largest markets for sheep and goat meat exported from Brazil worldwide, with a combined X% share of total exports.

Among the main countries of destination, Marshall Islands, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, 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 2022, increasing by X% against the previous year. Over the period under review, the export price enjoyed prominent growth. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Marshall Islands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sheep And Goat Meat

Imports into Brazil

In 2022, supplies from abroad of sheep and goat meat was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports, however, recorded a noticeable decrease. Over the period under review, imports attained the peak figure 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. Over the period under review, imports, however, recorded a mild descent. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Uruguay (X tons) was the main supplier of sheep and goat meat to Brazil, with a X% share of total imports. Moreover, sheep and goat meat imports from Uruguay exceeded the figures recorded by the second-largest supplier, Chile (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Uruguay totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (X% per year) and Argentina (X% per year).

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

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

Import Prices by Country

The average sheep and goat meat import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while the price for Uruguay ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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