Eastern Europe: Goat Meat Market 2024

Goat Meat Market Size in Eastern Europe

The East European goat meat market rose sharply to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Goat Meat Production in Eastern Europe

In value terms, goat meat production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, posted a resilient increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

The country with the largest volume of goat meat production was Russia (X tons), accounting for X% of total volume. Moreover, goat meat production in Russia exceeded the figures recorded by the second-largest producer, Ukraine (X tons), fourfold. Romania (X tons) ranked third in terms of total production with a X% share.

In Russia, goat meat production remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ukraine (X% per year) and Romania (X% per year).

The average goat meat yield contracted to X kg per head in 2022, remaining relatively unchanged against 2021 figures. Overall, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the yield increased by X%. As a result, the yield reached the peak level of X kg per head. From 2018 to 2022, the growth of the goat meat yield failed to regain momentum.

The global number of animals slaughtered for goat meat production reached X heads in 2022, remaining stable against 2021 figures. Over the period under review, the number of producing animals, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2016 when the number of producing animals increased by X%. The level of producing animals peaked at X heads in 2014; however, from 2015 to 2022, producing animals remained at a lower figure.

Goat Meat Exports

Exports in Eastern Europe

In 2022, the amount of goat meat exported in Eastern Europe fell to X tons, reducing by X% compared with the year before. Over the period under review, exports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, goat meat exports dropped to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Romania (X tons) was the main exporter of goat meat, making up X% of total exports. It was distantly followed by Moldova (X tons), Ukraine (X tons) and Bulgaria (X tons), together making up a X% share of total exports. Poland (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to goat meat exports from Romania stood at X%. At the same time, Ukraine (X%) and Poland (X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Bulgaria (X%) and Moldova (X%) illustrated a downward trend over the same period. Romania (X p.p.), Ukraine (X p.p.) and Poland (X p.p.) significantly strengthened its position in terms of the total exports, while Moldova saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Romania ($X) remains the largest goat meat supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Moldova ($X), with a X% share of total exports. It was followed by Ukraine, with an X% share.

In Romania, goat meat exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Moldova (X% per year) and Ukraine (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while Moldova ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced mixed trends in the export price figures.

Goat Meat Imports

Imports in Eastern Europe

In 2022, overseas purchases of goat meat increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, goat meat imports surged to $X in 2022. Over the period under review, imports, however, showed a pronounced reduction. The growth pace was the most rapid in 2021 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Romania (X tons) represented the major importer of goat meat, committing X% of total imports. Bulgaria (X tons) ranks second in terms of the total imports with an X% share, followed by Poland (X%).

Romania was also the fastest-growing in terms of the goat meat imports, with a CAGR of X% from 2012 to 2022. At the same time, Bulgaria (X%) displayed positive paces of growth. By contrast, Poland (X%) illustrated a downward trend over the same period. While the share of Romania (X p.p.) and Bulgaria (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Poland (X p.p.) displayed negative dynamics.

In value terms, Romania ($X) constitutes the largest market for imported goat meat in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Bulgaria ($X), with a X% share of total imports.

In Romania, goat meat imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Bulgaria (X% per year) and Poland (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. Import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, goat meat import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bulgaria ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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