Report Update Feb 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) :

What are the largest markets for lamb and sheep meat in the world?

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.

What are the largest producers of lamb and sheep meat in the world?

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.

What are the leading suppliers of lamb and sheep meat to Venezuela?

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.

What is the average import price for lamb and sheep meat in Venezuela?

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:

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Producing Animals Slaughtered, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
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 Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
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 Of Destination, 2012–2024