Burkina Faso: Market for Sheep And Goat Meat 2019

Market Size for Sheep And Goat Meat in Burkina Faso

The revenue of the sheep and goat meat market in Burkina Faso amounted to $X in 2018, going up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. In that year, the sheep and goat meat market attained its peak level of $X. From 2012 to 2018, the growth of the sheep and goat meat market remained at a lower figure.

Production of Sheep And Goat Meat in Burkina Faso

In value terms, sheep and goat meat production totaled $X in 2018 estimated in export prices. Overall, the total output indicated a conspicuous expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sheep and goat meat production increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2011 when production volume increased by X% year-to-year. Over the period under review, sheep and goat meat production attained its maximum level at $X in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.

Exports of Sheep And Goat Meat

Exports from Burkina Faso

In 2018, approx. X tons of sheep and goat meat were exported from Burkina Faso; jumping by X% against the previous year. Overall, sheep and goat meat exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Burkina Faso exports peaked in 2018 and are likely to continue its growth in the near future.

In value terms, sheep and goat meat exports totaled $X in 2018. In general, sheep and goat meat exports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. In that year, sheep and goat meat exports reached their peak of $X. From 2011 to 2018, the growth of sheep and goat meat exports remained at a somewhat lower figure.

Exports by Country

Australia (X tons) and New Zealand (X tons) represented the key exporters of sheep and goat meat in 2018, reaching near X% and X% of total exports, respectively. It was distantly followed by the UK (X tons), achieving a X% share of total exports. The following exporters - Ireland (X tons), Spain (X tons), the Netherlands (X tons) and India (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Burkina Faso, while the other leaders experienced more modest paces of growth.

In value terms, the largest sheep and goat meat markets from Burkina Faso were Australia ($X), New Zealand ($X) and the UK ($X), together accounting for X% of total exports. These countries were followed by Ireland, the Netherlands, Spain, India and Burkina Faso, which together accounted for a further X terms of the main exporting countries, the Netherlands experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the sheep and goat meat export price in Burkina Faso amounted to $X per ton, coming down by -X% against the previous year. Overall, the sheep and goat meat export price continues to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2010 when the export price increased by X% y-o-y. Over the period under review, the export prices for sheep and goat meat reached their peak figure at $X per ton in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the Netherlands ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Australia, while the other leaders experienced more modest paces of growth.

Imports of Sheep And Goat Meat

Imports into Burkina Faso

In 2018, the amount of sheep and goat meat imported into Burkina Faso amounted to X tons, surging by X% against the previous year. In general, sheep and goat meat imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. In that year, sheep and goat meat imports attained their peak of X tons. From 2009 to 2018, the growth of sheep and goat meat imports remained at a lower figure.

In value terms, sheep and goat meat imports stood at $X in 2018. Over the period under review, sheep and goat meat imports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. In that year, sheep and goat meat imports reached their peak of $X. From 2009 to 2018, the growth of sheep and goat meat imports remained at a lower figure.

Imports by Country

In 2018, China (X tons), distantly followed by the U.S. (X tons), France (X tons) and the UK (X tons) were the main importers of sheep and goat meat, together creating X% of total imports. The following importers - the United Arab Emirates (X tons), Germany (X tons), Saudi Arabia (X tons), Malaysia (X tons), the Netherlands (X tons), Qatar (X tons), Canada (X tons) and Japan (X tons) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), China ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2018, together accounting for X% of total imports. These countries were followed by the UK, Germany, the United Arab Emirates, Saudi Arabia, the Netherlands, Qatar, Japan, Malaysia, Canada and Burkina Faso, which together accounted for a further X terms of the main importing countries, Burkina Faso experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The sheep and goat meat import price in Burkina Faso stood at $X per ton in 2018, going up by X% against the previous year. In general, the sheep and goat meat import price continues to indicate a strong increase. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. Burkina Faso import price peaked at $X per ton in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Qatar, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform