Spain: Market for Sheep And Goat Meat 2022

Market Size for Sheep And Goat Meat in Spain

In 2021, the Spanish sheep and goat meat market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, recorded a pronounced setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Sheep And Goat Meat in Spain

In value terms, sheep and goat meat production reached $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

In 2021, the average yield of sheep and goat meat in Spain amounted to X kg per X heads, growing by X% compared with the year before. The yield figure increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the yield increased by X%. The sheep and goat meat yield peaked in 2021 and is likely to see gradual growth in years to come.

In 2021, approx. X heads of animals slaughtered for sheep and goat meat production in Spain; approximately reflecting 2020 figures. Overall, the number of producing animals continues to indicate a mild setback. The most prominent rate of growth was recorded in 2016 when the number of producing animals increased by X%. The number of animals slaughtered for sheep and goat meat production peaked at X heads in 2018; however, from 2019 to 2021, producing animals remained at a lower figure.

Exports of Sheep And Goat Meat

Exports from Spain

After nine years of growth, shipments abroad of sheep and goat meat decreased by -X% to X tons in 2021. Overall, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at X tons in 2020, and then declined in the following year.

In value terms, sheep and goat meat exports expanded significantly to $X in 2021. In general, exports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

France (X tons), the UK (X tons) and Portugal (X tons) were the main destinations of sheep and goat meat exports from Spain, together accounting for X% of total exports. These countries were followed by the Netherlands, Bahrain, Oman, Belgium, Italy, Japan and Saudi Arabia, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bahrain (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Portugal ($X) and the UK ($X) appeared to be the largest markets for sheep and goat meat exported from Spain worldwide, with a combined X% share of total exports. The Netherlands, Bahrain, Italy, Belgium, Oman, Japan and Saudi Arabia lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, saw 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

In 2021, the average sheep and goat meat export price amounted to $X per ton, jumping by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Portugal ($X per ton), while the average price for exports to Oman ($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 Saudi Arabia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sheep And Goat Meat

Imports into Spain

In 2021, supplies from abroad of sheep and goat meat decreased by -X% to X tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, sheep and goat meat imports fell notably to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020, and then shrank remarkably in the following year.

Imports by Country

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

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

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

From 2012 to 2021, the average annual rate of growth in terms of value from Greece stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and the Netherlands (-X% per year).

Import Prices by Country

The average sheep and goat meat import price stood at $X per ton in 2021, which is down by -X% against the previous year. Over the period under review, the import price, however, continues to indicate perceptible growth. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then contracted significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform