Europe: Market for Sheep And Goat Meat 2024

Market Size for Sheep And Goat Meat in Europe

The Europe sheep and goat meat market totaled $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Sheep And Goat Meat in Europe

In value terms, sheep and goat meat production reached $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were the UK (X tons), Russia (X tons) and Spain (X tons), together accounting for X% of total production. France, Greece, Ireland, Romania, Germany, Serbia, Italy, Norway, Albania and the Netherlands lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by the Netherlands (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average yield of sheep and goat meat in Europe fell modestly to X kg per head, remaining constant against the previous year. Over the period under review, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the sheep and goat meat yield attained the peak level at X kg per head in 2017; however, from 2018 to 2022, the yield failed to regain momentum.

In 2022, approx. X heads of animals slaughtered for sheep and goat meat production in Europe; therefore, remained relatively stable against the previous year. In general, the number of producing animals, however, saw a slight decrease. Over the period under review, this number reached the peak level at X heads in 2012; however, from 2013 to 2022, producing animals stood at a somewhat lower figure.

Exports of Sheep And Goat Meat

Exports in Europe

In 2022, approx. X tons of sheep and goat meat were exported in Europe; growing by X% compared with the year before. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2017 with an increase of X%. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, sheep and goat meat exports expanded sharply to $X in 2022. Total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

The shipments of the five major exporters of sheep and goat meat, namely the UK, Ireland, Spain, France and the Netherlands, represented more than two-thirds of total export. Belgium (X tons), Greece (X tons) and Italy (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Greece (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest sheep and goat meat supplying countries in Europe were the UK ($X), Ireland ($X) and the Netherlands ($X), together comprising X% of total exports. France, Spain, Belgium, Greece and Italy lagged somewhat behind, together comprising a further X%.

France, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among 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

The export price in Europe stood at $X per ton in 2022, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X%. As a result, the export price reached the peak level of $X per ton, leveling off in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the other leaders experienced more modest paces of growth.

Imports of Sheep And Goat Meat

Imports in Europe

In 2022, supplies from abroad of sheep and goat meat increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, sheep and goat meat imports soared to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

France represented the major importer of sheep and goat meat in Europe, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. The UK (X tons) held the second position in the ranking, followed by Germany (X tons), the Netherlands (X tons), Italy (X tons) and Belgium (X tons). All these countries together held near X% share of total imports. The following importers - Sweden (X tons) and Ireland (X tons) - each resulted at a X% share of total imports.

France experienced a relatively flat trend pattern with regard to volume of imports of sheep and goat meat. At the same time, Ireland (X%), the Netherlands (X%), Germany (X%), Sweden (X%) and Italy (X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. By contrast, Belgium (X%) and the UK (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.), France (X p.p.) and Germany (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the UK (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X) constitutes the largest market for imported sheep and goat meat in Europe, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in France amounted to X%. In the other countries, the average annual rates were as follows: Germany (X% per year) and the UK (X% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, remaining stable against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform