Italy: Market for Sheep And Goat Meat 2022

Market Size for Sheep And Goat Meat in Italy

In 2021, the Italian sheep and goat meat market increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, showed a perceptible shrinkage. Sheep and goat meat consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Sheep And Goat Meat in Italy

In value terms, sheep and goat meat production totaled $X in 2021 estimated in export price. Overall, production, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2014 with an increase of X%. Sheep and goat meat production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

The average yield of sheep and goat meat in Italy expanded remarkably to X kg per head in 2021, growing by X% against 2020. In general, the yield indicated strong growth from 2012 to 2021: its figure increased at an average annual rate of +X% over the last nine-year period. 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. As a result, the yield reached the peak level of X kg per head. From 2019 to 2021, the growth of the average sheep and goat meat yield failed to regain momentum.

In 2021, the number of animals slaughtered for sheep and goat meat production in Italy dropped to X heads, with a decrease of -X% compared with the previous year. Overall, the number of producing animals continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2015 when the number of producing animals increased by X% against the previous year. Over the period under review, this number hit record highs at X heads in 2012; however, from 2013 to 2021, producing animals failed to regain momentum.

Exports of Sheep And Goat Meat

Exports from Italy

In 2021, overseas shipments of sheep and goat meat decreased by -X% to X tons, falling for the second year in a row after four years of growth. In general, exports, however, recorded strong growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. The exports 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 shrank notably to $X in 2021. Overall, exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Lebanon (X tons), Somalia (X tons) and Spain (X tons) were the main destinations of sheep and goat meat exports from Italy, with a combined X% share of total exports.

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

In value terms, Spain ($X) emerged as the key foreign market for sheep and goat meat exports from Italy, comprising X% of total exports. The second position in the ranking was taken by Somalia ($X), with a X% share of total exports. It was followed by Lebanon, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Spain stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (-X% per year) and Lebanon (+X% per year).

Export Prices by Country

The average sheep and goat meat export price stood at $X per ton in 2021, surging by X% against the previous year. In general, export price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sheep and goat meat export price increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. The export price peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Spain ($X per ton), while the average price for exports to Antigua and Barbuda ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sheep And Goat Meat

Imports into Italy

Sheep and goat meat imports into Italy expanded significantly to X tons in 2021, surging by X% compared with 2020. Over the period under review, imports, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, sheep and goat meat imports surged to $X in 2021. Overall, imports, however, continue to indicate a noticeable decrease. 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

Greece (X tons), France (X tons) and Somalia (X tons) were the main suppliers of sheep and goat meat imports to Italy, together comprising X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Somalia (with a CAGR of +X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Greece ($X), France ($X) and Spain ($X) were the largest sheep and goat meat suppliers to Italy, together comprising X% of total imports. These countries were followed by the Netherlands and Somalia, which together accounted for a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average sheep and goat meat import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

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

Source: IndexBox Platform