New Zealand - Sheep And Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Sheep and Goat Meat in New Zealand - 2023
Contents:
- Price for Sheep and Goat Meat in New Zealand (FOB) - 2022
- Price for Sheep and Goat Meat in New Zealand (CIF) - 2022
- Exports of Sheep and Goat Meat in New Zealand
- Imports of Sheep and Goat Meat in New Zealand
Price for Sheep and Goat Meat in New Zealand (FOB) - 2022
The average sheep and goat meat export price stood at $7,336 per ton in 2022, stabilizing at the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2017 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($12,859 per ton), while the average price for exports to China ($5,016 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 Saudi Arabia (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Sheep and Goat Meat in New Zealand (CIF) - 2022
In 2022, the average sheep and goat meat import price amounted to $4,347 per ton, growing by 3% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price 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, sheep and goat meat import price decreased by -11.7% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 36% against the previous year. Over the period under review, average import prices reached the peak figure at $4,921 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 Ireland ($4,966 per ton), while the price for Australia ($4,246 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Sheep and Goat Meat in New Zealand
In 2022, shipments abroad of sheep and goat meat decreased by -5.7% to 375K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a mild downturn. The pace of growth was the most pronounced in 2020 with an increase of 1.3% against the previous year.
In value terms, sheep and goat meat exports contracted to $2.8B in 2022. The total export value increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, the exports attained the peak of $2.9B, and then fell in the following year.
Export of Sheep and Goat Meat in New Zealand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,066 | 1,037 | 1,429 | 988 | -2.5% |
United States | 247 | 205 | 340 | 375 | 14.9% |
United Kingdom | 212 | 250 | 260 | 258 | 6.8% |
Netherlands | 150 | 123 | 150 | 186 | 7.4% |
Germany | 166 | 159 | 132 | 177 | 2.2% |
France | 60.5 | 69.1 | 82.8 | 102 | 19.0% |
Canada | 65.6 | 66.9 | 79.7 | 90.8 | 11.4% |
Malaysia | 36.5 | 60.7 | 27.9 | 69.1 | 23.7% |
Japan | 59.4 | 64.0 | 63.9 | 63.0 | 2.0% |
Taiwan (Chinese) | 48.9 | 61.9 | 48.1 | 57.6 | 5.6% |
Saudi Arabia | 40.2 | 44.3 | 36.1 | 47.9 | 6.0% |
Others | 422 | 362 | 269 | 338 | -7.1% |
Total | 2,575 | 2,503 | 2,919 | 2,753 | 2.3% |
Top Export Markets for Sheep and Goat Meat from New Zealand in 2022:
- China (197.0K tons)
- United Kingdom (32.5K tons)
- United States (29.2K tons)
- Netherlands (15.4K tons)
- Germany (14.6K tons)
- Canada (11.1K tons)
- France (10.9K tons)
- Malaysia (10.5K tons)
- Taiwan (Chinese) (8.0K tons)
- Saudi Arabia (7.0K tons)
- Japan (5.8K tons)
Imports of Sheep and Goat Meat in New Zealand
In 2022, the amount of sheep and goat meat imported into New Zealand expanded notably to 2.8K tons, increasing by 7.4% against 2021 figures. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.7% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 54% against the previous year. As a result, imports attained the peak of 3.5K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, sheep and goat meat imports rose remarkably to $12M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 97% against the previous year. As a result, imports reached the peak of $17M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Sheep and Goat Meat in New Zealand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 7.8 | 6.0 | 9.2 | 9.9 | 8.3% |
United Kingdom | 0.8 | 3.0 | 1.7 | 1.9 | 33.4% |
Ireland | N/A | 0.1 | N/A | 0.4 | 100.0% |
Others | N/A | 7.9 | 0.3 | 0.1 | -88.7% |
Total | 8.7 | 17.1 | 11.1 | 12.3 | 12.2% |
Top Suppliers of Sheep and Goat Meat to New Zealand in 2022:
- Australia (2322.3 tons)
- United Kingdom (405.9 tons)
- Ireland (73.1 tons)
This report provides an in-depth analysis of the market for sheep and goat meat in New Zealand. 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 1017 - Goat meat
- FCL 977 - Meat of sheep
Country coverage:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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