Romania: Market for Sheep And Goat Meat 2022

Market Size for Sheep And Goat Meat in Romania

The Romanian sheep and goat meat market surged to $X in 2021, growing by X% against the previous year. Over the period under review, consumption, however, showed a deep downturn. Sheep and goat meat consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Sheep And Goat Meat in Romania

In value terms, sheep and goat meat production expanded remarkably to $X in 2021 estimated in export price. Overall, production, however, saw a deep slump. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

In 2021, the average sheep and goat meat yield in Romania rose notably to X kg per X heads, picking up by X% against 2020 figures. Overall, the yield, however, showed a slight curtailment. Over the period under review, the average sheep and goat meat yield attained the maximum level at X kg per head in 2017; however, from 2018 to 2021, the yield remained at a lower figure.

In 2021, the number of animals slaughtered for sheep and goat meat production in Romania reduced modestly to X heads, remaining constant against 2020. In general, the number of producing animals continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2016 when the number of producing animals increased by X% against the previous year. As a result, the number of producing animals reached the peak level of X heads. From 2017 to 2021, the growth of this number remained at a somewhat lower figure.

Exports of Sheep And Goat Meat

Exports from Romania

In 2021, overseas shipments of sheep and goat meat decreased by -X% to X tons, falling for the third consecutive year after five years of growth. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, sheep and goat meat exports contracted markedly to $X in 2021. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Sri Lanka (X tons), Kuwait (X tons) and the UK (X tons) were the main destinations of sheep and goat meat exports from Romania, together comprising X% of total exports.

From 2012 to 2021, the biggest increases were in the UK (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 Romania were Sri Lanka ($X), the UK ($X) and Kuwait ($X), with a combined X% share of total exports.

Kuwait, with a CAGR of +X%, recorded the highest growth rate of 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

In 2021, the average sheep and goat meat export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($X per ton), while the average price for exports to Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sheep And Goat Meat

Imports into Romania

In 2021, imports of sheep and goat meat into Romania surged to X tons, with an increase of X% on the previous year's figure. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, sheep and goat meat imports skyrocketed to $X in 2021. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Greece (X tons) constituted the largest sheep and goat meat supplier to Romania, with a X% share of total imports. Moreover, sheep and goat meat imports from Greece exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The third position in this ranking was taken by Hungary (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Greece totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Hungary (+X% per year).

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

From 2012 to 2021, the average annual growth rate of value from Greece amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Germany (-X% per year).

Import Prices by Country

In 2021, the average sheep and goat meat import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable curtailment. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform