United Arab Emirates: Goat Meat Market 2024

Goat Meat Market Size in the United Arab Emirates

The goat meat market in the United Arab Emirates contracted to $X in 2022, with a decrease of -3.5% against the previous year. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Goat Meat Production in the United Arab Emirates

In value terms, goat meat production reduced to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 32%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

In 2022, the average yield of goat meat in the United Arab Emirates dropped slightly to X kg per head, with a decrease of -3.5% against the previous year. Over the period under review, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 7.5% against the previous year. As a result, the yield reached the peak level of X kg per head, and then reduced slightly in the following year.

The number of animals slaughtered for goat meat production in the United Arab Emirates stood at X heads in 2022, leveling off at the previous year. This number increased at an average annual rate of +4.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 20%. Over the period under review, this number hit record highs at X heads in 2020; however, from 2021 to 2022, producing animals failed to regain momentum.

Goat Meat Exports

Exports from the United Arab Emirates

In 2022, the amount of goat meat exported from the United Arab Emirates expanded rapidly to X tons, increasing by 10% against 2021 figures. Over the period under review, exports enjoyed moderate growth. The pace of growth appeared the most rapid in 2017 with an increase of 222%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, goat meat exports shrank to $X in 2022. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 141%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Oman (X tons) was the main destination for goat meat exports from the United Arab Emirates, accounting for a 56% share of total exports. Moreover, goat meat exports to Oman exceeded the volume sent to the second major destination, Brazil (X tons), sixfold. The third position in this ranking was taken by Libya (X tons), with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Oman amounted to +25.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (-6.2% per year) and Libya (+2.8% per year).

In value terms, Oman ($X) remains the key foreign market for goat meat exports from the United Arab Emirates, comprising 57% of total exports. The second position in the ranking was held by Iraq ($X), with a 12% share of total exports. It was followed by Kuwait, with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Oman totaled +20.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (+6.8% per year) and Kuwait (+6.5% per year).

Export Prices by Country

The average goat meat export price stood at $X per ton in 2022, falling by -15.6% against the previous year. In general, the export price recorded a perceptible descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Afghanistan ($X per ton), while the average price for exports to Libya ($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 Afghanistan (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Goat Meat Imports

Imports into the United Arab Emirates

In 2022, goat meat imports into the United Arab Emirates contracted to X tons, waning by -11.4% on 2021 figures. In general, total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +5.1% 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 +15.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, goat meat imports fell to $X in 2022. Overall, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.9% 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 +13.3% against 2020 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 29% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then declined in the following year.

Imports by Country

Ethiopia (X tons), Kenya (X tons) and Sudan (X tons) were the main suppliers of goat meat imports to the United Arab Emirates, with a combined 95% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Kenya (with a CAGR of +32.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ethiopia ($X), Kenya ($X) and Sudan ($X) were the largest goat meat suppliers to the United Arab Emirates, together comprising 93% of total imports.

Among the main suppliers, Kenya, with a CAGR of +29.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average goat meat import price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 9.3%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Tanzania ($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 (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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