Colombia: Market for Sheep And Goat Meat 2025

Market Size for Sheep And Goat Meat in Colombia

The Colombian sheep and goat meat market declined to $X in 2022, waning by X% against the previous year. Overall, consumption recorded a slight decline. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Sheep And Goat Meat in Colombia

In value terms, sheep and goat meat production reduced to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

The average yield of sheep and goat meat in Colombia contracted to X kg per head in 2022, flattening at the year before. In general, the yield, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the yield attained the peak level of X kg per head. From 2015 to 2022, the growth of the average sheep and goat meat yield remained at a lower figure.

The number of animals slaughtered for sheep and goat meat production in Colombia expanded slightly to X heads in 2022, rising by X% compared with the previous year's figure. Overall, the number of producing animals, however, showed a noticeable slump. The pace of growth appeared the most rapid in 2016 when the number of producing animals increased by X%. The number of animals slaughtered for sheep and goat meat production peaked at X heads in 2019; however, from 2020 to 2022, producing animals stood at a somewhat lower figure.

Exports of Sheep And Goat Meat

Exports from Colombia

In 2022, overseas shipments of sheep and goat meat were finally on the rise to reach X tons after three years of decline. In general, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, sheep and goat meat exports surged to $X in 2022. Over the period under review, exports enjoyed tangible growth. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Curacao (X tons) was the main destination for sheep and goat meat exports from Colombia, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Curacao was relatively modest.

In value terms, Curacao ($X) also remains the key foreign market for sheep and goat meat exports from Colombia.

From 2012 to 2022, the average annual rate of growth in terms of value to Curacao stood at X%.

Export Prices by Country

In 2022, the average sheep and goat meat export price amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained 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 Curacao.

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

Imports of Sheep And Goat Meat

Imports into Colombia

In 2022, after two years of decline, there was significant growth in overseas purchases of sheep and goat meat, when their volume increased by X% to X tons. In general, imports, however, continue to indicate a abrupt decrease. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, sheep and goat meat imports skyrocketed to $X in 2022. Overall, imports, however, recorded a abrupt descent. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Chile (X tons) was the main sheep and goat meat supplier to Colombia, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Chile amounted to X%.

In value terms, Chile ($X) constituted the largest supplier of sheep and goat meat to Colombia.

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

Import Prices by Country

The average sheep and goat meat import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

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

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

Source: IndexBox Platform

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