Canada: Market for Meat of Camels and Other Animals 2024

Market Size for Meat of Camels and Other Animals in Canada

In 2022, the Canadian market for meat of camels and other animals increased by 4% to $X, rising for the fourth consecutive year after two years of decline. Overall, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +67.1% against 2018 indices. Camel and other animal meat consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Meat of Camels and Other Animals in Canada

In value terms, camel and other animal meat production expanded markedly to $X in 2022 estimated in export price. In general, the total production indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 58%. Camel and other animal meat production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Exports of Meat of Camels and Other Animals

Exports from Canada

In 2022, shipments abroad of meat of camels and other animals decreased by -23.9% to X tons, falling for the fourth year in a row after two years of growth. In general, exports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by 94% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, camel and other animal meat exports shrank markedly to $X in 2022. Overall, exports saw a slight decline. The most prominent rate of growth was recorded in 2014 when exports increased by 67% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for camel and other animal meat exports from Canada, with a 87% share of total exports. Moreover, camel and other animal meat exports to the United States exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), more than tenfold. The Philippines (X tons) ranked third in terms of total exports with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to -3.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-7.7% per year) and the Philippines (-8.2% per year).

In value terms, the United States ($X) remains the key foreign market for meat of camels and other animals exports from Canada, comprising 93% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 2.4% share of total exports. It was followed by Guyana, with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+3.5% per year) and Guyana (+157.0% per year).

Export Prices by Country

The average export price for meat of camels and other animals stood at $X per ton in 2022, rising by 2.5% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, camel and other animal meat export price increased by +96.7% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guyana ($X per ton), while the average price for exports to Taiwan (Chinese) ($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 the Philippines (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Meat of Camels and Other Animals

Imports into Canada

In 2022, the amount of meat of camels and other animals imported into Canada reduced to X tons, with a decrease of -8.7% against the year before. In general, total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 111% against the previous year. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, camel and other animal meat imports rose markedly to $X in 2022. Over the period under review, total imports indicated a perceptible expansion 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, imports increased by +127.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 99.9%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

New Zealand (X tons), Australia (X tons) and Vietnam (X tons) were the main suppliers of camel and other animal meat imports to Canada, with a combined 83% share of total imports. Portugal, the United States, Finland and China lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +26.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X) constituted the largest supplier of meat of camels and other animals to Canada, comprising 48% of total imports. The second position in the ranking was held by Vietnam ($X), with a 16% share of total imports. It was followed by Australia, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value from New Zealand stood at +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+1.2% per year) and Australia (+4.2% per year).

Import Prices by Country

The average import price for meat of camels and other animals stood at $X per ton in 2022, growing by 25% against the previous year. Overall, the import price, however, continues to indicate a mild downturn. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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