Rwanda: Meat Market 2020

Meat Market Size in Rwanda

The revenue of the meat market in Rwanda amounted to $X in 2018, growing by X% against the previous year. Over the period under review, the total market indicated a buoyant increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, meat consumption increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Rwanda meat consumption peaked in 2018 and is likely to see steady growth in the immediate term.

Meat Production in Rwanda

In value terms, meat production totaled $X in 2018 estimated in export prices. Overall, the total output indicated a remarkable increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, meat production increased by +X% against 2015 indices. The growth pace was the most rapid in 2008 when production volume increased by X% y-o-y. Rwanda meat production peaked in 2018 and is likely to continue its growth in the near future.

In 2018, the average yield of meat in Rwanda stood at X kg per head, remaining stable against the previous year. In general, the meat yield continues to indicate a relatively flat trend pattern.

In 2018, the number of animals slaughtered for meat production in Rwanda amounted to X head, remaining relatively unchanged against the previous year. Over the period under review, the number of animals slaughtered for meat production continues to indicate a relatively flat trend pattern.

Meat Exports

Exports from Rwanda

In 2018, approx. X tons of meat were exported from Rwanda; jumping by X% against the previous year. In general, meat exports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2012 when exports increased by X% against the previous year. Over the period under review, meat exports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, meat exports amounted to $X in 2018. Overall, meat exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. Over the period under review, meat exports attained their peak figure in 2018 and are likely to see steady growth in the near future.

Exports by Country

The U.S. (X tons), Germany (X tons), Spain (X tons), Brazil (X tons), Australia (X tons), the Netherlands (X tons), Denmark (X tons), India (X tons), Canada (X tons), Poland (X tons), Belgium (X tons) and New Zealand (X tons) represented roughly X% of total exports of meat in 2018.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Rwanda, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Australia ($X) and Brazil ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. Germany, the Netherlands, Spain, New Zealand, Canada, India, Denmark, Poland, Belgium and Rwanda lagged somewhat behind, together comprising a further X terms of the main exporting countries, Rwanda experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the meat export price in Rwanda amounted to $X per ton, picking up by X% against the previous year. Overall, the meat export price continues to indicate a strong increase. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the export prices for meat reached their maximum in 2018 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was New Zealand ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Meat Imports

Imports into Rwanda

In 2018, the meat imports into Rwanda amounted to X tons, dropping by -X% against the previous year. Overall, meat imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Rwanda imports peaked at X tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, meat imports stood at $X in 2018. Over the period under review, meat imports continue to indicate temperate growth. The growth pace was the most rapid in 2013 when imports increased by X% y-o-y. Rwanda imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

The countries with the highest levels of meat imports in 2018 were China (X tons), Japan (X tons), the U.S. (X tons), Italy (X tons), Germany (X tons), Mexico (X tons), South Korea (X tons), China, Hong Kong SAR (X tons), Vietnam (X tons), the UK (X tons), Poland (X tons) and the Netherlands (X tons), together resulting at X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the U.S. ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2018, together accounting for X% of total imports. These countries were followed by Germany, Italy, South Korea, China, Hong Kong SAR, the UK, the Netherlands, Vietnam, Mexico, Poland and Rwanda, which together accounted for a further X the main importing countries, Vietnam experienced the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the meat import price in Rwanda amounted to $X per ton, jumping by X% against the previous year. In general, the meat import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 when the import price increased by X% year-to-year. Over the period under review, the import prices for meat reached their peak figure in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform