Nigeria: Market for Sheep And Goat Meat 2025

Market Size for Sheep And Goat Meat in Nigeria

The Nigerien sheep and goat meat market expanded to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Sheep And Goat Meat in Nigeria

In value terms, sheep and goat meat production surged to $X in 2022 estimated in export price. Over the period under review, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

In 2022, the average sheep and goat meat yield in Nigeria totaled X kg per head, therefore, remained relatively stable against the year before. Overall, the yield recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the yield increased by X%. The sheep and goat meat yield peaked at X kg per head in 2017; however, from 2018 to 2022, the yield remained at a lower figure.

The number of animals slaughtered for sheep and goat meat production in Nigeria contracted slightly to X heads in 2022, approximately reflecting the previous year. This number increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2018 when the number of producing animals increased by X%. The number of animals slaughtered for sheep and goat meat production peaked at X heads in 2021, and then shrank in the following year.

Exports of Sheep And Goat Meat

Exports from Nigeria

In 2021, the amount of sheep and goat meat exported from Nigeria skyrocketed to X tons, picking up by X% on the previous year's figure. Over the period under review, exports, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, sheep and goat meat exports soared to $X in 2021. Overall, exports, however, saw a significant decline. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Bahrain (X tons) was the main destination for sheep and goat meat exports from Nigeria, with a approx. X% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of volume to Bahrain was relatively modest.

From 2013 to 2021, the average annual rate of growth in terms of value to Bahrain was relatively modest.

Export Prices by Country

In 2021, the average sheep and goat meat export price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price recorded a dramatic setback. The pace of growth appeared the most rapid in 2015 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

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

From 2013 to 2021, the rate of growth in terms of prices for Ghana amounted to X% per year.

Imports of Sheep And Goat Meat

Imports into Nigeria

In 2022, approx. X tons of sheep and goat meat were imported into Nigeria; which is down by X% on the year before. Overall, imports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then reduced rapidly in the following year.

In value terms, sheep and goat meat imports dropped rapidly to $X in 2022. In general, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then declined dramatically in the following year.

Imports by Country

In 2022, South Africa (X tons) constituted the largest supplier of sheep and goat meat to Nigeria, accounting for a X% share of total imports. Moreover, sheep and goat meat imports from South Africa exceeded the figures recorded by the second-largest supplier, Tanzania (X tons), fourfold. Italy (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Africa totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Tanzania (X% per year) and Italy (X% per year).

In value terms, South Africa ($X) constituted the largest supplier of sheep and goat meat to Nigeria, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from South Africa stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The average sheep and goat meat import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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