U.S.: Goat Meat Market 2025

Goat Meat Market Size in the U.S.

The U.S. goat meat market expanded notably to $X in 2022, growing by 6.8% against the previous year. Overall, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +48.2% against 2020 indices. Goat meat consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Goat Meat Production in the U.S.

In value terms, goat meat production totaled $X in 2022. Over the period under review, production, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2018 with an increase of 41% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

The average yield of goat meat in the United States totaled X kg per head in 2022, standing approx. at the previous year's figure. Over the period under review, the yield showed a relatively flat trend pattern. The goat meat yield peaked in 2022 and is likely to continue growth in the near future.

In 2022, the number of animals slaughtered for goat meat production in the United States reached X heads, with an increase of 2.2% against the previous year. In general, the number of producing animals, however, recorded a slight curtailment. The pace of growth was the most pronounced in 2019 with an increase of 8.6%. Over the period under review, this number reached the peak level at X heads in 2012; however, from 2013 to 2022, producing animals stood at a somewhat lower figure.

Goat Meat Exports

Exports from the U.S.

Goat meat exports from the United States surged to X tons in 2022, rising by 27% compared with the previous year. In general, exports, however, recorded a pronounced decrease. The pace of growth appeared the most rapid in 2015 with an increase of 63%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, goat meat exports soared to $X in 2022. Over the period under review, exports, however, saw a abrupt descent. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Cayman Islands (X tons), Antigua and Barbuda (X tons) and Bahamas (X tons) were the main destinations of goat meat exports from the United States, together accounting for 78% of total exports.

From 2012 to 2022, the biggest increases were recorded for Antigua and Barbuda (with a CAGR of +30.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Cayman Islands ($X), Bahamas ($X) and Antigua and Barbuda ($X) constituted the largest markets for goat meat exported from the United States worldwide, with a combined 68% share of total exports.

Among the main countries of destination, Antigua and Barbuda, with a CAGR of +24.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average goat meat export price amounted to $X per ton, surging by 12% against the previous year. Overall, the export price, however, showed a slight shrinkage. The growth pace was the most rapid in 2013 an increase of 29% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turks and Caicos Islands ($X per ton), while the average price for exports to Saint Lucia ($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 Turks and Caicos Islands (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Goat Meat Imports

Imports into the U.S.

Goat meat imports into the United States rose rapidly to X tons in 2022, growing by 10% on the previous year. Over the period under review, total imports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of +2.8% 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 +113.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 94% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, goat meat imports expanded sharply to $X in 2022. Overall, imports enjoyed prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 81%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Australia (X tons) constituted the largest supplier of goat meat to the United States, accounting for a 88% share of total imports. Moreover, goat meat imports from Australia exceeded the figures recorded by the second-largest supplier, Mexico (X tons), ninefold.

From 2012 to 2022, the average annual growth rate of volume from Australia amounted to +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+34.7% per year) and New Zealand (+5.6% per year).

In value terms, Australia ($X) constituted the largest supplier of goat meat to the United States, comprising 88% of total imports. The second position in the ranking was held by Mexico ($X), with a 10% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia amounted to +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+38.2% per year) and New Zealand (+9.4% per year).

Import Prices by Country

In 2022, the average goat meat import price amounted to $X per ton, approximately equating the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, goat meat import price decreased by -7.4% against 2020 indices. The pace of growth was the most pronounced in 2019 an increase of 18% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :