Portugal: Market for Sheep And Goat Meat 2025

Market Size for Sheep And Goat Meat in Portugal

In 2022, the Portuguese sheep and goat meat market increased by X% to $X, rising for the second year in a row after three years of decline. In general, consumption showed a relatively flat trend pattern. Sheep and goat meat consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Sheep And Goat Meat in Portugal

In value terms, sheep and goat meat production contracted modestly to $X in 2022 estimated in export price. In general, production continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

In 2022, the average yield of sheep and goat meat in Portugal contracted slightly to X kg per head, remaining constant against 2021 figures. Overall, the yield saw a pronounced shrinkage. The growth pace was the most rapid in 2015 with an increase of X%. The sheep and goat meat yield peaked at X kg per head in 2016; however, from 2017 to 2022, the yield remained at a lower figure.

In 2022, approx. X heads of animals slaughtered for sheep and goat meat production in Portugal; waning by X% on 2021 figures. Over the period under review, the total number of producing animals indicated a notable increase from 2012 to 2022: its figure 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, number of animals slaughtered for sheep and goat meat production increased by X% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, this number reached the peak level at X heads in 2019; however, from 2020 to 2022, producing animals remained at a lower figure.

Exports of Sheep And Goat Meat

Exports from Portugal

In 2022, approx. X tons of sheep and goat meat were exported from Portugal; growing by X% against 2021 figures. In general, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, sheep and goat meat exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X tons), France (X tons) and Italy (X tons) were the main destinations of sheep and goat meat exports from Portugal, together comprising X% of total exports. The United Arab Emirates, Romania, the Netherlands, the UK, Angola and Egypt lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sheep and goat meat exported from Portugal were Spain ($X), France ($X) and Italy ($X), together accounting for X% of total exports. The United Arab Emirates, the Netherlands, Angola, Romania, the UK and Egypt lagged somewhat behind, together accounting for a further X%.

The United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sheep and goat meat export price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price saw a slight slump. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sheep And Goat Meat

Imports into Portugal

In 2022, purchases abroad of sheep and goat meat was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, sheep and goat meat imports surged to $X in 2022. In general, total imports indicated a buoyant increase 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Spain (X tons), France (X tons) and the Netherlands (X tons) were the main suppliers of sheep and goat meat imports to Portugal, with a combined X% share of total imports. Greece, New Zealand, Italy, Argentina and Ireland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), France ($X) and Greece ($X) constituted the largest sheep and goat meat suppliers to Portugal, with a combined X% share of total imports. The Netherlands, New Zealand, Italy, Argentina and Ireland lagged somewhat behind, together accounting for a further X%.

Italy, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average sheep and goat meat import price amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Ireland ($X per ton) and Italy ($X per ton), while the price for Spain ($X per ton) and Argentina ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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