Report Venezuela - Lamb and Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update May 1, 2025

Venezuela - Lamb and Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Market for Lamb and Sheep Meat 2025

Market Size for Lamb and Sheep Meat in Venezuela

The Venezuelan lamb and sheep meat market was finally on the rise to reach $X in 2021, after five years of decline. Overall, consumption, however, saw a relatively flat trend pattern. Lamb and sheep meat consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Production of Lamb and Sheep Meat in Venezuela

In value terms, lamb and sheep meat production surged to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 19% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

The average yield of lamb and sheep meat in Venezuela reduced modestly to X kg per head in 2021, falling by -4.8% on 2020 figures. In general, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 36% against the previous year. Over the period under review, the average lamb and sheep meat yield hit record highs at X kg per head in 2020, and then reduced modestly in the following year.

In 2021, number of animals slaughtered for lamb and sheep meat production in Venezuela expanded sharply to X heads, with an increase of 14% compared with 2020 figures. Overall, the number of producing animals, however, saw a relatively flat trend pattern. The number of animals slaughtered for lamb and sheep meat production peaked at X heads in 2018; however, from 2019 to 2021, producing animals stood at a somewhat lower figure.

Exports of Lamb and Sheep Meat

Exports from Venezuela

In value terms, lamb and sheep meat exports stood at less than $X in 2021. Overall, exports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2016. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Imports of Lamb and Sheep Meat

Imports into Venezuela

In 2021, supplies from abroad of lamb and sheep meat decreased by -6.1% to X kg, falling for the third consecutive year after two years of growth. Over the period under review, imports showed a sharp reduction. The pace of growth appeared the most rapid in 2017 when imports increased by 41%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, lamb and sheep meat imports surged to $X in 2021. In general, imports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2017 with an increase of 27%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X kg) was the main lamb and sheep meat supplier to Venezuela, with a approx. 694% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled -48.5%.

In value terms, the United States ($X) constituted the largest supplier of lamb and sheep meat to Venezuela.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at -43.1%.

Import Prices by Country

The average lamb and sheep meat import price stood at $X per ton in 2021, surging by 23% against the previous year. Over the period under review, the import price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 332%. Over the period under review, average import prices reached the maximum in 2021 and is likely to continue growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +10.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of lamb and sheep meat consumption was China, comprising approx. 31% of total volume. Moreover, lamb and sheep meat consumption in China exceeded the figures recorded by the second-largest consumer, Algeria, ninefold. The third position in this ranking was occupied by the UK, with a 2.9% share.
The country with the largest volume of lamb and sheep meat production was China, comprising approx. 27% of total volume. Moreover, lamb and sheep meat production in China exceeded the figures recorded by the second-largest producer, Australia, fourfold. The third position in this ranking was occupied by New Zealand, with a 4.7% share.
In value terms, the United States constituted the largest supplier of lamb and sheep meat to Venezuela, comprising 98% of total imports. The second position in the ranking was occupied by Italy $86), with a 1.6% share of total imports.
In 2021, the average lamb and sheep meat import price amounted to $7,082 per ton, reducing by -11.8% against the previous year.

This report provides an in-depth analysis of the market for lamb and sheep meat in Venezuela. 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 977 - Meat of sheep

Country coverage:

  • Venezuela

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Venezuela
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035
  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    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. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012-2024
    6. Imports, In Value Terms, By Country, 2012-2024
    7. Import Prices, By Country, 2012-2024
    8. Exports, In Physical Terms, By Country, 2012-2024
    9. Exports, In Value Terms, By Country, 2012-2024
    10. Exports Prices, By Country, 2012-2024
  12. LIST OF FIGURES

    1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, by Type
    11. Average Per Capita Consumption, by Type, 2024
    12. Exports and Growth, by Type
    13. 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: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Producing Animals: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
    26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    28. Imports, in Physical Terms, by Country, 2024
    29. Imports, in Physical Terms, by Country, 2012-2024
    30. Imports, in Value Terms, by Country, 2012-2024
    31. Import Prices, by Country, 2012-2024
    32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    34. Exports, in Physical Terms, by Country, 2024
    35. Exports, in Physical Terms, by Country, 2012-2024
    36. Exports, in Value Terms, by Country, 2012-2024
    37. Export Prices, by Country, 2012-2024

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