Japan: Market for Sheep And Goat Meat 2022

Market Size for Sheep And Goat Meat in Japan

For the third year in a row, the Japanese sheep and goat meat market recorded growth in sales value, which increased by X% to $X in 2021. Over the period under review, consumption posted a resilient expansion. Sheep and goat meat consumption peaked in 2021 and is expected to retain growth in the immediate term.

Production of Sheep And Goat Meat in Japan

In value terms, sheep and goat meat production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

In 2021, the average yield of sheep and goat meat in Japan reached X kg per head, picking up by X% on the previous year's figure. In general, the yield, however, recorded a mild reduction. The growth pace was the most rapid in 2019 when the yield increased by X% against the previous year. The sheep and goat meat yield peaked at X kg per head in 2013; however, from 2014 to 2021, the yield failed to regain momentum.

In 2021, approx. X heads of animals slaughtered for sheep and goat meat production in Japan; remaining stable against 2020 figures. Overall, the number of producing animals showed a slight curtailment. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the amount of producing animals attained the peak level of X heads. From 2015 to 2021, the growth of this number failed to regain momentum.

Exports of Sheep And Goat Meat

Exports from Japan

In 2021, the amount of sheep and goat meat exported from Japan surged to X tons, with an increase of X% compared with the previous year's figure. Overall, exports recorded a buoyant expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in years to come.

In value terms, sheep and goat meat exports soared to $X in 2021. In general, exports showed a remarkable increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Hong Kong SAR (X tons) was the main destination for sheep and goat meat exports from Japan, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Hong Kong SAR was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Hong Kong SAR was relatively modest.

Export Prices by Country

In 2021, the average sheep and goat meat export price amounted to $X per ton, which is down by -X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then contracted significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.

From 2012 to 2021, the rate of growth in terms of prices for Hong Kong SAR amounted to X% per year.

Imports of Sheep And Goat Meat

Imports into Japan

In 2021, approx. X tons of sheep and goat meat were imported into Japan; increasing by X% compared with the previous year's figure. Overall, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, sheep and goat meat imports rose sharply to $X in 2021. In general, imports continue to indicate strong growth. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Australia (X tons) was the main supplier of sheep and goat meat to Japan, with a X% share of total imports. Moreover, sheep and goat meat imports from Australia exceeded the figures recorded by the second-largest supplier, Spain (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Australia totaled +X%.

In value terms, Australia ($X) constituted the largest supplier of sheep and goat meat to Japan, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Australia stood at +X%.

Import Prices by Country

In 2021, the average sheep and goat meat import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, import price indicated prominent 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 import price increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Australia ($X per ton), while the price for Spain amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+X%).

Source: IndexBox Platform