GCC: Goat Meat Market 2025

Goat Meat Market Size in GCC

The GCC goat meat market totaled $X in 2022, leveling off at the previous year. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Goat Meat Production in GCC

In value terms, goat meat production expanded notably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were the United Arab Emirates (X tons), Saudi Arabia (X tons) and Oman (X tons), with a combined 98% share of total production.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Saudi Arabia (with a CAGR of +6.1%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average yield of goat meat in GCC reduced modestly to X kg per head, which is down by -1.7% on 2021 figures. Over the period under review, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the yield increased by 3.5%. Over the period under review, the goat meat yield attained the maximum level at X kg per head in 2013; however, from 2014 to 2022, the yield remained at a lower figure.

In 2022, number of animals slaughtered for goat meat production in GCC reached X heads, remaining stable against the previous year's figure. The total number of producing animals indicated noticeable growth from 2012 to 2022: its figure increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, number of animals slaughtered for goat meat production decreased by -0.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the number of producing animals increased by 23% against the previous year. As a result, the amount of producing animals reached the peak level of X heads; afterwards, it flattened through to 2022.

Goat Meat Exports

Exports in GCC

In 2022, exports of goat meat in GCC expanded rapidly to X tons, growing by 5.4% compared with 2021 figures. Over the period under review, exports, however, recorded a mild contraction. The pace of growth appeared the most rapid in 2017 with an increase of 94%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, goat meat exports shrank to $X in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 94%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates was the major exporter of goat meat in GCC, with the volume of exports accounting for X tons, which was near 80% of total exports in 2022. It was distantly followed by Kuwait (X tons), achieving a 17% share of total exports. Oman (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to goat meat exports from the United Arab Emirates stood at +3.5%. At the same time, Kuwait (+48.7%) and Oman (+16.7%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in GCC, with a CAGR of +48.7% from 2012-2022. While the share of the United Arab Emirates (+31 p.p.), Kuwait (+17 p.p.) and Oman (+1.9 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest goat meat supplier in GCC, comprising 65% of total exports. The second position in the ranking was held by Kuwait ($X), with a 28% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates was relatively modest. In the other countries, the average annual rates were as follows: Kuwait (+55.0% per year) and Oman (+22.9% per year).

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, declining by -11.6% against the previous year. Export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, goat meat export price increased by +39.8% against 2018 indices. The pace of growth appeared the most rapid in 2013 an increase of 46%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+5.3%), while the other leaders experienced mixed trends in the export price figures.

Goat Meat Imports

Imports in GCC

Goat meat imports reduced to X tons in 2022, with a decrease of -12.7% on the previous year's figure. Over the period under review, imports showed a pronounced setback. The pace of growth appeared the most rapid in 2021 when imports increased by 36%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, goat meat imports fell to $X in 2022. Overall, imports saw a perceptible decline. The pace of growth was the most pronounced in 2021 when imports increased by 32%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates dominates imports structure, reaching X tons, which was near 79% of total imports in 2022. Oman (X tons) held the second position in the ranking, followed by Saudi Arabia (X tons). All these countries together held approx. 15% share of total imports. Qatar (X tons) and Bahrain (X tons) followed a long way behind the leaders.

The United Arab Emirates was also the fastest-growing in terms of the goat meat imports, with a CAGR of +5.1% from 2012 to 2022. Oman (-3.0%), Saudi Arabia (-11.8%), Qatar (-20.6%) and Bahrain (-24.2%) illustrated a downward trend over the same period. The United Arab Emirates (+47 p.p.) significantly strengthened its position in terms of the total imports, while Saudi Arabia, Qatar and Bahrain saw its share reduced by -7.8%, -15.2% and -22.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported goat meat in GCC, comprising 79% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with an 8% share of total imports. It was followed by Oman, with a 6.7% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates amounted to +4.9%. The remaining importing countries recorded the following average annual rates of imports growth: Saudi Arabia (-8.7% per year) and Oman (-5.7% per year).

Import Prices by Country

The import price in GCC stood at $X per ton in 2022, flattening at the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the import price increased by 4.8%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+5.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform