EU: Market for Sheep And Goat Meat 2022

Market Size for Sheep And Goat Meat in the EU

The EU sheep and goat meat market expanded sharply to $X in 2021, with an increase of X% against the previous year. In general, consumption, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Sheep And Goat Meat in the EU

In value terms, sheep and goat meat production rose markedly to $X in 2021 estimated in export price. Overall, production, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Greece (X tons) remains the largest sheep and goat meat producing country in the European Union, comprising approx. X% of total volume. Moreover, sheep and goat meat production in Greece exceeded the figures recorded by the second-largest producer, Spain (X tons), twofold. France (X tons) ranked third in terms of total production with an X% share.

In Greece, sheep and goat meat production contracted by an average annual rate of -X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Spain (+X% per year) and France (-X% per year).

The average sheep and goat meat yield expanded remarkably to X kg per head in 2021, growing by X% on the previous year. In general, the yield saw a relatively flat trend pattern. As a result, the yield reached the peak level and is likely to continue growth in the immediate term.

In 2021, number of animals slaughtered for sheep and goat meat production in the European Union declined modestly to X heads, with a decrease of -X% against 2020. Overall, the number of producing animals recorded a drastic downturn. The most prominent rate of growth was recorded in 2016 when the number of producing animals increased by X%. Over the period under review, this number reached the peak level at X heads in 2012; however, from 2013 to 2021, producing animals remained at a lower figure.

Exports of Sheep And Goat Meat

Exports in the EU

In 2021, shipments abroad of sheep and goat meat decreased by -X% to X tons, falling for the second consecutive year after four years of growth. Total exports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2019 indices. The pace of growth was the most pronounced in 2018 when exports increased by X%. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, sheep and goat meat exports expanded rapidly to $X in 2021. Total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Spain (X tons) and France (X tons) represented roughly X% of total exports in 2021. Greece (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (X%).

From 2012 to 2021, the biggest increases were in Greece (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest sheep and goat meat supplying countries in the European Union were France ($X), Spain ($X) and Greece ($X), with a combined X% share of total exports.

Greece, with a CAGR of +X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a slight slump. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was France ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Sheep And Goat Meat

Imports in the EU

After four years of growth, overseas purchases of sheep and goat meat decreased by -X% to X tons in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020, and then contracted in the following year.

In value terms, sheep and goat meat imports contracted slightly to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2020, and then reduced in the following year.

Imports by Country

The purchases of the three major importers of sheep and goat meat, namely France, Portugal and Italy, represented more than two-thirds of total import. It was distantly followed by Spain (X tons), achieving a X% share of total imports. Belgium (X tons), Germany (X tons) and Croatia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Croatia (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), Italy ($X) and France ($X) constituted the countries with the highest levels of imports in 2021, with a combined X% share of total imports. Spain, Germany, Croatia and Belgium lagged somewhat behind, together accounting for a further X terms of the main importing countries, Croatia, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, picking up by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018 an increase of X%. The level of import peaked in 2021 and is likely to see steady growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Croatia (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform