Report Update Mar 1, 2025

Philippines - Sheep and Goat Meat - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Market for Sheep And Goat Meat 2025

Market Size for Sheep And Goat Meat in the Philippines

The Philippine sheep and goat meat market fell slightly to $X in 2022, leveling off at the previous year. In general, consumption, however, continues to indicate a noticeable shrinkage. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Sheep And Goat Meat in the Philippines

In value terms, sheep and goat meat production reduced to $X in 2022 estimated in export price. Overall, production showed a pronounced setback. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

The average yield of sheep and goat meat in the Philippines amounted to X kg per head in 2022, remaining constant against the year before. Overall, the yield showed a deep slump. The pace of growth appeared the most rapid in 2013 when the yield increased by X%. As a result, the yield reached the peak level of X kg per head. From 2014 to 2022, the growth of the average sheep and goat meat yield remained at a somewhat lower figure.

In 2022, number of animals slaughtered for sheep and goat meat production in the Philippines fell to X heads, stabilizing at 2021. Overall, the number of producing animals, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, this number reached the peak level at X heads in 2018; however, from 2019 to 2022, producing animals failed to regain momentum.

Imports of Sheep And Goat Meat

Imports into the Philippines

In 2022, supplies from abroad of sheep and goat meat was finally on the rise to reach X tons after two years of decline. In general, total imports indicated mild growth from 2012 to 2022: its volume 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. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, sheep and goat meat imports soared to $X in 2022. Overall, imports posted a resilient increase. Imports peaked at $X in 2019; afterwards, it flattened through to 2022.

Imports by Country

In 2022, Australia (X tons) constituted the largest sheep and goat meat supplier to the Philippines, with a X% share of total imports. Moreover, sheep and goat meat imports from Australia exceeded the figures recorded by the second-largest supplier, New Zealand (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume from Australia totaled X%.

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

From 2012 to 2022, the average annual rate of growth in terms of value from Australia totaled X%.

Import Prices by Country

In 2022, the average sheep and goat meat import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price 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. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for New Zealand stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sheep and goat meat in the world?

The country with the largest volume of sheep and goat meat consumption was China, accounting for 34% of total volume. Moreover, sheep and goat meat consumption in China exceeded the figures recorded by the second-largest consumer, India, sevenfold. The third position in this ranking was occupied by Pakistan, with a 4.7% share.

What are the largest producers of sheep and goat meat in the world?

The country with the largest volume of sheep and goat meat production was China, comprising approx. 31% of total volume. Moreover, sheep and goat meat production in China exceeded the figures recorded by the second-largest producer, India, sixfold. Australia ranked third in terms of total production with a 4.7% share.

What are the leading suppliers of sheep and goat meat to the Philippines?

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

What is the average export price for sheep and goat meat in the Philippines?

The average sheep and goat meat export price stood at $1,292 per ton in 2019, falling by -8.8% against the previous year.

What is the average import price for sheep and goat meat in the Philippines?

In 2021, the average sheep and goat meat import price amounted to $7,731 per ton, growing by 7.1% against the previous year.

This report provides an in-depth analysis of the market for sheep and goat meat in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 1017 - Goat meat
FCL 977 - Meat of sheep

Country coverage:

Philippines

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Philippines
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Producing Animals Slaughtered, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024