Ireland: Market for Sheep And Goat Meat 2024

Market Size for Sheep And Goat Meat in Ireland

The Irish sheep and goat meat market shrank to $X in 2022, reducing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Sheep And Goat Meat in Ireland

In value terms, sheep and goat meat production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

In 2022, the average yield of sheep and goat meat in Ireland was estimated at X kg per head, standing approx. at the year before. Overall, the yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the yield increased by X%. The sheep and goat meat yield peaked at X kg per head in 2019; however, from 2020 to 2022, the yield remained at a lower figure.

In 2022, number of animals slaughtered for sheep and goat meat production in Ireland amounted to X heads, surging by X% on the previous year. This number increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the number of producing animals increased by X% against the previous year. The number of animals slaughtered for sheep and goat meat production peaked at X heads in 2018; however, from 2019 to 2022, producing animals remained at a lower figure.

Exports of Sheep And Goat Meat

Exports from Ireland

Sheep and goat meat exports from Ireland expanded sharply to X tons in 2022, increasing by X% on 2021. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, sheep and goat meat exports rose modestly to $X in 2022. Over the period under review, total exports indicated a buoyant expansion from 2012 to 2022: its value 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, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

France (X tons), Germany (X tons) and the UK (X tons) were the main destinations of sheep and goat meat exports from Ireland, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sheep and goat meat exported from Ireland were France ($X), Germany ($X) and the UK ($X), with a combined X% share of total exports.

Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average sheep and goat meat export price amounted to $X per ton, falling by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Hong Kong SAR ($X 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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sheep And Goat Meat

Imports into Ireland

In 2022, approx. X tons of sheep and goat meat were imported into Ireland; rising by X% on 2021 figures. Overall, imports enjoyed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sheep and goat meat imports soared to $X in 2022. Over the period under review, imports saw strong growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the UK (X tons) constituted the largest sheep and goat meat supplier to Ireland, accounting for a X% share of total imports. Moreover, sheep and goat meat imports from the UK exceeded the figures recorded by the second-largest supplier, New Zealand (X tons), more than tenfold. The third position in this ranking was taken by Australia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Australia (X% per year).

In value terms, the UK ($X) constituted the largest supplier of sheep and goat meat to Ireland, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the UK stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Australia (X% per year).

Import Prices by Country

The average sheep and goat meat import price stood at $X per ton in 2022, falling by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then declined in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were New Zealand ($X per ton) and Australia ($X per ton), while the price for the Netherlands ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :