Northern America: Market for Meat of Camels and Other Animals 2024

Market Size for Meat of Camels and Other Animals in Northern America

The North American market for meat of camels and other animals reduced slightly to $X in 2022, with a decrease of -2% against the previous year. The total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +3.3% against 2020 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Meat of Camels and Other Animals in Northern America

In value terms, camel and other animal meat production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 83% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

The United States (X tons) constituted the country with the largest volume of camel and other animal meat production, accounting for 99% of total volume.

From 2012 to 2022, the average annual rate of growth in terms of volume in the United States was relatively modest.

Exports of Meat of Camels and Other Animals

Exports in Northern America

In 2022, shipments abroad of meat of camels and other animals increased by 29% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, continue to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2016 with an increase of 49%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, camel and other animal meat exports surged to $X in 2022. Total exports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.7% against 2020 indices. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

The United States was the major exporter of meat of camels and other animals in Northern America, with the volume of exports accounting for X tons, which was near 82% of total exports in 2022. It was distantly followed by Canada (X tons), making up an 18% share of total exports.

The United States was also the fastest-growing in terms of the meat of camels and other animals exports, with a CAGR of -1.9% from 2012 to 2022. Canada (-3.3%) illustrated a downward trend over the same period. The United States (+2.1 p.p.) significantly strengthened its position in terms of the total exports, while Canada saw its share reduced by -2.3% from 2012 to 2022, respectively.

In value terms, the United States ($X) remains the largest camel and other animal meat supplier in Northern America, comprising 74% of total exports. The second position in the ranking was taken by Canada ($X), with a 25% share of total exports.

In the United States, camel and other animal meat exports increased at an average annual rate of +1.9% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, rising by 2% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2017 when the export price increased by 15% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.9%).

Imports of Meat of Camels and Other Animals

Imports in Northern America

In 2022, purchases abroad of meat of camels and other animals increased by 7.4% to X tons, rising for the second consecutive year after three years of decline. The total import volume increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 52% against the previous year. The volume of import peaked at X tons in 2017; afterwards, it flattened through to 2022.

In value terms, camel and other animal meat imports skyrocketed to $X in 2022. Total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 49%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) was the major importer of meat of camels and other animals, constituting 87% of total imports. It was distantly followed by Canada (X tons), making up an 11% share of total imports. Greenland (X tons) took a little share of total imports.

Imports into the United States increased at an average annual rate of +2.1% from 2012 to 2022. At the same time, Greenland (+40.2%) and Canada (+3.3%) displayed positive paces of growth. Moreover, Greenland emerged as the fastest-growing importer imported in Northern America, with a CAGR of +40.2% from 2012-2022. From 2012 to 2022, the share of Greenland increased by +1.7 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported meat of camels and other animals in Northern America, comprising 85% of total imports. The second position in the ranking was taken by Canada ($X), with a 14% share of total imports.

In the United States, camel and other animal meat imports increased at an average annual rate of +3.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Canada (+2.1% per year) and Greenland (+33.4% per year).

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, growing by 7.3% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by 20%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per ton), while Greenland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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