Ghana: Market for Lamb and Sheep Meat 2025

Market Size for Lamb and Sheep Meat in Ghana

For the third year in a row, the Ghanian lamb and sheep meat market recorded growth in sales value, which increased by 13% to $X in 2021. The market value increased at an average annual rate of +4.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Lamb and sheep meat consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Production of Lamb and Sheep Meat in Ghana

In value terms, lamb and sheep meat production expanded markedly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +73.8% against 2012 indices. The pace of growth was the most pronounced in 2019 with an increase of 14%. Over the period under review, production hit record highs in 2021 and is likely to see steady growth in years to come.

The average yield of lamb and sheep meat in Ghana reached X kg per head in 2021, standing approx. at 2020. The yield figure increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2014 when the yield increased by 4.5% against the previous year. The lamb and sheep meat yield peaked in 2021 and is likely to continue growth in years to come.

The number of animals slaughtered for lamb and sheep meat production in Ghana reached X heads in 2021, growing by 4.2% compared with 2020. This number increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the number of producing animals attained the peak level and is likely to continue growth in the immediate term.

Exports of Lamb and Sheep Meat

Exports from Ghana

In 2020, the amount of lamb and sheep meat exported from Ghana stood at X kg, leveling off at the previous year's figure. Over the period under review, exports recorded a precipitous decline. The smallest decline of -77.6% was in 2013. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

In value terms, lamb and sheep meat exports totaled $X in 2020. In general, exports recorded a precipitous curtailment. The smallest decline of -83.6% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand (X kg) was the main destination for lamb and sheep meat exports from Ghana, with a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to New Zealand was relatively modest.

From 2012 to 2020, the average annual growth rate of value to New Zealand was relatively modest.

Export Prices by Country

In 2020, the average lamb and sheep meat export price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the export price showed a abrupt descent. The pace of growth was the most pronounced in 2013 a decrease of -26.9% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2020, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for New Zealand.

From 2012 to 2020, the rate of growth in terms of prices for Liberia amounted to -27.0% per year.

Imports of Lamb and Sheep Meat

Imports into Ghana

In 2021, purchases abroad of lamb and sheep meat increased by 61% to X tons, rising for the third consecutive year after four years of decline. Over the period under review, imports, however, showed a abrupt slump. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, lamb and sheep meat imports skyrocketed to $X in 2021. Overall, imports, however, showed a noticeable shrinkage. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The UK (X tons), Australia (X tons) and Spain (X tons) were the main suppliers of lamb and sheep meat imports to Ghana, with a combined 65% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +94.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest lamb and sheep meat suppliers to Ghana were the UK ($X), Australia ($X) and the Netherlands ($X), with a combined 57% share of total imports. Spain, New Zealand, Ireland and Belgium lagged somewhat behind, together accounting for a further 11%.

In terms of the main suppliers, Spain, with a CAGR of +80.2%, saw 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 average lamb and sheep meat import price stood at $X per ton in 2021, jumping by 16% against the previous year. In general, import price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +3.8% 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 when the average import price increased by 41%. The import price peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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