Zambia: Market for Sheep And Goat Meat 2019

Market Size for Sheep And Goat Meat in Zambia

The revenue of the sheep and goat meat market in Zambia amounted to $X in 2018, growing by X% against the previous year. Overall, the total market indicated perceptible growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sheep and goat meat consumption increased by +X% against 2008 indices. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Zambia sheep and goat meat consumption peaked in 2018 and is likely to continue its growth in the near future.

Production of Sheep And Goat Meat in Zambia

In value terms, sheep and goat meat production totaled $X in 2018 estimated in export prices. Overall, the total output indicated a remarkable increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sheep and goat meat production increased by +X% against 2008 indices. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Zambia sheep and goat meat production peaked in 2018 and is likely to see steady growth in the immediate term.

Exports of Sheep And Goat Meat

Exports from Zambia

In 2018, approx. X tons of sheep and goat meat were exported from Zambia; reducing by -X% against the previous year. Over the period under review, sheep and goat meat exports continue to indicate an abrupt decline. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Zambia exports peaked at X tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, sheep and goat meat exports stood at $X in 2018. In general, sheep and goat meat exports continue to indicate a deep descent. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, sheep and goat meat exports reached their peak figure at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

Australia (X tons) and New Zealand (X tons) represented the main exporters of sheep and goat meat in 2018, recording near X% and X% of total exports, respectively. It was distantly followed by the UK (X tons), generating a X% share of total exports. The following exporters - Ireland (X tons), Spain (X tons), the Netherlands (X tons) and India (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), New Zealand ($X) and the UK ($X) constituted the countries with the highest levels of exports in 2018, together accounting for X% of total exports. Ireland, the Netherlands, Spain, India and Zambia lagged somewhat behind, together comprising a further X terms of the main exporting countries, the Netherlands recorded the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the sheep and goat meat export price in Zambia amounted to $X per ton, going up by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011 when the export price increased by X% against the previous year. Zambia export price peaked at $X per ton in 2012; however, from 2013 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Australia, while the other leaders experienced more modest paces of growth.

Imports of Sheep And Goat Meat

Imports into Zambia

In 2018, the imports of sheep and goat meat into Zambia totaled X tons, going up by X% against the previous year. Overall, sheep and goat meat imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, sheep and goat meat imports attained their peak figure at X tons in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

In value terms, sheep and goat meat imports stood at $X in 2018. Over the period under review, sheep and goat meat imports continue to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Zambia imports peaked at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, China (X tons), distantly followed by the U.S. (X tons), France (X tons) and the UK (X tons) were the main importers of sheep and goat meat, together creating X% of total imports. The United Arab Emirates (X tons), Germany (X tons), Saudi Arabia (X tons), Malaysia (X tons), the Netherlands (X tons), Qatar (X tons), Canada (X tons) and Japan (X tons) occupied a minor share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), China ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2018, together accounting for X% of total imports. These countries were followed by the UK, Germany, the United Arab Emirates, Saudi Arabia, the Netherlands, Qatar, Japan, Malaysia, Canada and Zambia, which together accounted for a further X terms of the main importing countries, Qatar experienced the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the sheep and goat meat import price in Zambia amounted to $X per ton, increasing by X% against the previous year. In general, the sheep and goat meat import price, however, continues to indicate a drastic shrinkage. The pace of growth appeared the most rapid in 2016 an increase of X% year-to-year. Over the period under review, the import prices for sheep and goat meat reached their maximum at $X per ton in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Qatar, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform