Philippines: Market for Lamb and Sheep Meat 2025

Market Size for Lamb and Sheep Meat in the Philippines

In 2021, the Philippine lamb and sheep meat market decreased by -11.9% to $X, falling for the second consecutive year after four years of growth. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Lamb and Sheep Meat in the Philippines

In value terms, lamb and sheep meat production surged to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 20%. Lamb and sheep meat production peaked in 2021 and is likely to see gradual growth in the near future.

In 2021, the average yield of lamb and sheep meat in the Philippines was estimated at X kg per head, remaining stable against the previous year. Overall, the yield continues to indicate a relatively flat trend pattern. Over the period under review, the average lamb and sheep meat yield reached the maximum level in 2021 and is likely to see steady growth in years to come.

The number of animals slaughtered for lamb and sheep meat production in the Philippines reduced to X heads in 2021, flattening at the previous year. In general, the number of producing animals saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the number of producing animals decreased by less than 0.1% against the previous year. The number of animals slaughtered for lamb and sheep meat production peaked at X heads in 2013; afterwards, it flattened through to 2021.

Exports of Lamb and Sheep Meat

Exports from the Philippines

In 2017, shipments abroad of lamb and sheep meat increased by 44,274% to X tons for the first time since 2013, thus ending a three-year declining trend. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, lamb and sheep meat exports surged to $X in 2017. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Qatar (X tons) was the main destination for lamb and sheep meat exports from the Philippines, with a 90% share of total exports. Moreover, lamb and sheep meat exports to Qatar exceeded the volume sent to the second major destination, Saudi Arabia (X tons), tenfold.

From 2013 to 2017, the average annual rate of growth in terms of volume to Qatar totaled +245.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (0.0% per year) and Finland (+54.9% per year).

In value terms, Qatar ($X) emerged as the key foreign market for lamb and sheep meat exports from the Philippines, comprising 88% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with an 11% share of total exports.

From 2013 to 2017, the average annual rate of growth in terms of value to Qatar stood at +264.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (0.0% per year) and Finland (+31.8% per year).

Export Prices by Country

In 2017, the average lamb and sheep meat export price amounted to $X per ton, waning by -47.1% against the previous year. Overall, the export price, however, showed buoyant growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 122% against the previous year. The export price peaked at $X per ton in 2016, and then fell remarkably in the following year.

Average prices varied somewhat for the major foreign markets. In 2017, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Qatar ($X per ton) was amongst the lowest.

From 2013 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+5.5%).

Imports of Lamb and Sheep Meat

Imports into the Philippines

In 2021, overseas purchases of lamb and sheep meat decreased by -12.7% to X tons, falling for the fourth year in a row after two years of growth. Overall, imports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 73%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, lamb and sheep meat imports shrank to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 97% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Australia (X tons) constituted the largest lamb and sheep meat supplier to the Philippines, with a 88% share of total imports. Moreover, lamb and sheep meat imports from Australia exceeded the figures recorded by the second-largest supplier, New Zealand (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Australia amounted to -2.2%.

In value terms, Australia ($X) constituted the largest supplier of lamb and sheep meat to the Philippines, comprising 90% of total imports. The second position in the ranking was held by New Zealand ($X), with a 7.9% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Australia stood at +1.6%.

Import Prices by Country

In 2021, the average lamb and sheep meat import price amounted to $X per ton, declining by -2.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2017 when the average import price increased by 16%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for New Zealand totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+3.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :