Montenegro: Market for Sheep And Goat Meat 2019

Market Size for Sheep And Goat Meat in Montenegro

The revenue of the sheep and goat meat market in Montenegro amounted to $X in 2018, picking up by X% against the previous year. Over the period under review, sheep and goat meat consumption continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. In that year, the sheep and goat meat market attained its peak level of $X. From 2014 to 2018, the growth of the sheep and goat meat market remained at a lower figure.

Production of Sheep And Goat Meat in Montenegro

In value terms, sheep and goat meat production stood at $X in 2018 estimated in export prices. In general, sheep and goat meat production continues to indicate a moderate reduction. The most prominent rate of growth was recorded in 2017 when production volume increased by X% year-to-year. Over the period under review, sheep and goat meat production attained its maximum level at $X in 2013; however, from 2014 to 2018, production stood at a somewhat lower figure.

Exports of Sheep And Goat Meat

Exports from Montenegro

In 2018, the amount of sheep and goat meat exported from Montenegro amounted to X tons, going down by -X% against the previous year. In general, sheep and goat meat exports continue to indicate an abrupt descent. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Montenegro exports peaked at X tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, sheep and goat meat exports stood at $X in 2018. In general, sheep and goat meat exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Over the period under review, sheep and goat meat exports reached their peak figure at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

Australia (X tons) and New Zealand (X tons) represented the major exporters of sheep and goat meat in 2018, amounting to near X% and X% of total exports, respectively. It was distantly followed by the UK (X tons), committing a X% share of total exports. Ireland (X tons), Spain (X tons), the Netherlands (X tons) and India (X tons) occupied a relatively small share 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, the largest sheep and goat meat markets from Montenegro were Australia ($X), New Zealand ($X) and the UK ($X), with a combined X% share of total exports. These countries were followed by Ireland, the Netherlands, Spain, India and Montenegro, which together accounted for a further X terms of the main exporting countries, the Netherlands recorded the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The sheep and goat meat export price in Montenegro stood at $X per ton in 2018, surging by X% against the previous year. Over the period under review, the sheep and goat meat export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. Over the period under review, the export prices for sheep and goat meat attained their peak figure at $X per ton in 2012; however, from 2013 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 Montenegro

Sheep and goat meat imports into Montenegro amounted to X tons in 2018, rising by X% against the previous year. Overall, the total imports indicated a resilient increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sheep and goat meat imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2013 when imports increased by X% y-o-y. Over the period under review, sheep and goat meat imports reached their peak figure at X tons in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

In value terms, sheep and goat meat imports stood at $X in 2018. Over the period under review, the total imports indicated a prominent expansion from 2007 to 2018: its value 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 imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, sheep and goat meat imports attained their maximum at $X in 2008; however, from 2009 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 generating 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 Montenegro were the U.S. ($X), China ($X) and France ($X), together comprising 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 Montenegro, which together accounted for a further X terms of the main importing countries, Qatar experienced the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The sheep and goat meat import price in Montenegro stood at $X per ton in 2018, increasing by X% against the previous year. In general, the sheep and goat meat import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the import price increased by X% year-to-year. Over the period under review, the import prices for sheep and goat meat reached their maximum at $X per ton in 2009; however, from 2010 to 2018, import prices remained at a 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