Djibouti: Beef Market 2020

Beef Market Size in Djibouti

The revenue of the beef market in Djibouti amounted to $X in 2018, falling by -X% against the previous year. In general, the total market indicated a mild expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, beef consumption decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2016 when the market value increased by X% against the previous year. In that year, the beef market reached its peak level of $X. From 2017 to 2018, the growth of the beef market remained at a lower figure.

Beef Production in Djibouti

In value terms, beef production amounted to $X in 2018 estimated in export prices. Overall, beef production continues to indicate a measured increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. In that year, beef production reached its peak level of $X. From 2017 to 2018, beef production growth remained at a lower figure.

Beef Exports

Exports from Djibouti

In 2018, the exports of beef (cattle meat) from Djibouti stood at X kg, shrinking by -X% against the previous year. Overall, beef exports continue to indicate a dramatic drop. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Djibouti exports peaked at X tons in 2011; however, from 2012 to 2018, exports remained at a lower figure.

In value terms, beef exports amounted to $X in 2018. In general, beef exports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, beef exports attained their maximum at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

The countries with the highest levels of beef exports in 2018 were Brazil (X tons), India (X tons), Australia (X tons) and the U.S. (X tons), together accounting for X% of total export. It was distantly followed by the Netherlands (X tons), constituting a X% share of total exports. New Zealand (X tons), Poland (X tons), Ireland (X tons), Canada (X tons), Argentina (X tons), Germany (X tons) and Uruguay (X tons) occupied a minor share 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 India, while the other leaders experienced more modest paces of growth.

In value terms, the largest beef markets from Djibouti were the U.S. ($X), Australia ($X) and Brazil ($X), with a combined X% share of total exports. India, the Netherlands, Ireland, New Zealand, Argentina, Canada, Poland, Germany and Uruguay lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the beef export price in Djibouti amounted to $X per ton, coming down by -X% against the previous year. Overall, the beef export price, however, continues to indicate a skyrocketing expansion. Over the period under review, the export prices for beef (cattle meat) attained their peak figure at $X per ton in 2016; however, from 2017 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while India ($X per ton) was amongst the lowest.

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

Beef Imports

Imports into Djibouti

In 2018, the beef imports into Djibouti totaled X tons, shrinking by -X% against the previous year. In general, beef imports continue to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, beef imports reached their maximum at X tons in 2013; however, from 2014 to 2018, imports stood at a somewhat lower figure.

In value terms, beef imports amounted to $X in 2018. In general, beef imports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, beef imports attained their peak figure at $X in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

Imports by Country

The countries with the highest levels of beef imports in 2018 were the U.S. (X tons), Vietnam (X tons), China (X tons), Japan (X tons), South Korea (X tons), China, Hong Kong SAR (X tons), the Netherlands (X tons), Italy (X tons), Germany (X tons), Russia (X tons), the UK (X tons) and France (X tons), together amounting to X% of total import.

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

In value terms, the largest beef importing markets into Djibouti were the U.S. ($X), Japan ($X) and China ($X), together comprising X% of total imports. South Korea, Vietnam, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, France, Russia and Djibouti lagged somewhat behind, together comprising a further X terms of the main importing countries, Vietnam recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The beef import price in Djibouti stood at $X per ton in 2018, lowering by -X% against the previous year. In general, the beef import price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. Over the period under review, the import prices for beef (cattle meat) reached their peak figure at $X per ton in 2017, and then declined slightly in the following year.

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

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

Source: IndexBox Platform