Gambia: Market for Sheep And Goat Meat 2019

Market Size for Sheep And Goat Meat in Gambia

The revenue of the sheep and goat meat market in Gambia amounted to $X in 2018, increasing by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the market value increased by X% year-to-year. Gambia sheep and goat meat consumption peaked in 2018 and is likely to continue its growth in the immediate term.

Production of Sheep And Goat Meat in Gambia

In value terms, sheep and goat meat production amounted to $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 when production volume increased by X% against the previous year. Over the period under review, sheep and goat meat production attained its peak figure level in 2018 and is expected to retain its growth in the immediate term.

Exports of Sheep And Goat Meat

Exports from Gambia

In 2018, approx. X kg of sheep and goat meat were exported from Gambia; approximately reflecting the previous year. Over the period under review, sheep and goat meat exports continue to indicate a sharp reduction. Gambia exports peaked at X tons in 2010; however, from 2011 to 2018, exports remained at a lower figure.

In value terms, sheep and goat meat exports totaled $X in 2018. Overall, sheep and goat meat exports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Gambia exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, Australia (X tons) and New Zealand (X tons) represented the largest exporters of sheep and goat meatin the world, together amounting to near X% of total exports. It was distantly followed by the UK (X tons), creating a X% share of total exports. The following exporters - Ireland (X tons), Spain (X tons), the Netherlands (X tons) and India (X tons) - together made up X% 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 the Netherlands, while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), New Zealand ($X) and the UK ($X) were the countries with the highest levels of exports in 2018, together accounting for X% of total exports. These countries were followed by Ireland, the Netherlands, Spain, India and Gambia, which together accounted for a further X the main exporting countries, the Netherlands experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the sheep and goat meat export price in Gambia amounted to $X per ton, remaining stable against the previous year. In general, the sheep and goat meat export price continues to indicate a strong increase. Over the period under review, the export prices for sheep and goat meat reached their maximum at $X per ton in 2013; however, from 2014 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the Netherlands ($X per ton), while Spain ($X per ton) was amongst the lowest.

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

Imports of Sheep And Goat Meat

Imports into Gambia

In 2018, the sheep and goat meat imports into Gambia totaled X tons, going up by X% against the previous year. In general, sheep and goat meat imports, however, continue to indicate a slight deduction. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. In that year, sheep and goat meat imports attained their peak of X tons. From 2009 to 2018, the growth of sheep and goat meat imports remained at a somewhat lower figure.

In value terms, sheep and goat meat imports amounted to $X in 2018. Overall, sheep and goat meat imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Gambia imports peaked at $X in 2011; however, from 2012 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X tons), distantly followed by the U.S. (X tons), France (X tons) and the UK (X tons) were the main importers of sheep and goat meat, together making up X% of total imports. The following importers - the United Arab Emirates (X tons), Germany (X tons), Saudi Arabia (X tons), Malaysia (X tons), the Netherlands (X tons), Qatar (X tons), Canada (X tons) and Japan (X tons) - together made up X% of total imports.

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

In value terms, the largest sheep and goat meat importing markets into Gambia were the U.S. ($X), China ($X) and France ($X), together accounting for X% of total imports. These countries were followed by the UK, Germany, the United Arab Emirates, Saudi Arabia, the Netherlands, Qatar, Japan, Malaysia, Canada and Gambia, which together accounted for a further X terms of the main importing countries, Qatar recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The sheep and goat meat import price in Gambia stood at $X per ton in 2018, flattening at the previous year. In general, the import price indicated a moderate increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sheep and goat meat import price decreased by -X% against 2012 indices. The growth pace was the most rapid in 2009 an increase of X% against the previous year. Over the period under review, the import prices for sheep and goat meat reached their peak figure at $X per ton in 2012; however, from 2013 to 2018, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform