Report Update Nov 1, 2024

Saudi Arabia - Goat Meat - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Saudi Arabia: Goat Meat Market 2024

Goat Meat Market Size in Saudi Arabia

The Saudi goat meat market rose rapidly to $X in 2022, growing by 8.9% against the previous year. Over the period under review, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -7.3% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Goat Meat Production in Saudi Arabia

In value terms, goat meat production skyrocketed to $X in 2022 estimated in export price. Overall, the total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -15.4% against 2020 indices. The growth pace was the most rapid in 2020 when the production volume increased by 162%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

The average yield of goat meat in Saudi Arabia stood at X kg per head in 2022, leveling off at the previous year. Overall, the yield showed a relatively flat trend pattern. The goat meat yield peaked in 2022 and is expected to retain growth in the near future.

The number of animals slaughtered for goat meat production in Saudi Arabia contracted modestly to X heads in 2022, remaining constant against the previous year's figure. In general, the number of producing animals, however, recorded a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 66%. The number of animals slaughtered for goat meat production peaked at X heads in 2021, and then declined modestly in the following year.

Goat Meat Exports

Exports from Saudi Arabia

In 2021, approx. X tons of goat meat were exported from Saudi Arabia; stabilizing at the previous year's figure. In general, exports continue to indicate a significant curtailment. The pace of growth was the most pronounced in 2018 when exports increased by 365% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, goat meat exports totaled $X in 2021. Overall, exports recorded a precipitous setback. The growth pace was the most rapid in 2018 with an increase of 359%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for goat meat exports from Saudi Arabia, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates stood at -27.6%.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates totaled -20.9%.

Export Prices by Country

In 2021, the average goat meat export price amounted to $X per ton, remaining stable against the previous year. Overall, the export price saw a buoyant expansion. The growth pace was the most rapid in 2014 when the average export price increased by 40% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +9.2% per year.

Goat Meat Imports

Imports into Saudi Arabia

Goat meat imports into Saudi Arabia shrank dramatically to X tons in 2022, declining by -34.1% compared with the year before. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 214%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, goat meat imports declined significantly to $X in 2022. Over the period under review, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 152% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

From 2012 to 2022, the average annual rate of growth in terms of volume from No country was relatively modest.

From 2012 to 2022, the average annual growth rate of value from No country was relatively modest.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China remains the largest goat meat consuming country worldwide, comprising approx. 38% of total volume. Moreover, goat meat consumption in China exceeded the figures recorded by the second-largest consumer, India, fourfold. Pakistan ranked third in terms of total consumption with an 8.2% share.

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

The country with the largest volume of goat meat production was China, accounting for 38% of total volume. Moreover, goat meat production in China exceeded the figures recorded by the second-largest producer, India, fourfold. Pakistan ranked third in terms of total production with an 8.2% share.

What are the leading suppliers of goat meat to Saudi Arabia?

In value terms, Ethiopia, Kenya and New Zealand appeared to be the largest goat meat suppliers to Saudi Arabia, together accounting for 83% of total imports. These countries were followed by Pakistan, Australia, India and Spain, which together accounted for a further 17%.

What are the leading importers of goat meat from Saudi Arabia?

In value terms, Egypt, Yemen and Pakistan appeared to be the largest markets for goat meat exported from Saudi Arabia worldwide, together comprising 80% of total exports.

What is the average export price for goat meat in Saudi Arabia?

In 2021, the average goat meat export price amounted to $1,657 per ton, shrinking by -9% against the previous year.

What is the average import price for goat meat in Saudi Arabia?

In 2021, the average goat meat import price amounted to $6,915 per ton, dropping by -16% against the previous year.

This report provides an in-depth analysis of the goat meat market in Saudi Arabia. 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

Country coverage:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023