Syrian Arab Republic: Goat Meat Market 2020

Goat Meat Market Size in Syrian Arab Republic

The revenue of the goat meat market in Syrian Arab Republic amounted to $X in 2018, increasing by X% against the previous year. Overall, the total market 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, goat meat consumption increased by +X% against 2010 indices. The growth pace was the most rapid in 2010 when the market value increased by X% y-o-y. Over the period under review, the goat meat market reached its maximum level in 2018 and is expected to retain its growth in the near future.

Goat Meat Production in Syrian Arab Republic

In value terms, goat meat production totaled $X in 2018 estimated in export prices. In general, goat meat production continues to indicate measured growth. The most prominent rate of growth was recorded in 2010 when production volume increased by X% year-to-year. In that year, goat meat production reached its peak level of $X. From 2011 to 2018, goat meat production growth failed to regain its momentum.

Goat Meat Exports

Exports from Syrian Arab Republic

In 2018, the amount of goat meat exported from Syrian Arab Republic stood at X kg, going up by X% against the previous year. Overall, goat meat exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. In that year, goat meat exports reached their peak of X tons. From 2012 to 2018, the growth of goat meat exports remained at a somewhat lower figure.

In value terms, goat meat exports totaled $X in 2018. In general, goat meat exports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. In that year, goat meat exports reached their peak of $X. From 2012 to 2018, the growth of goat meat exports failed to regain its momentum.

Exports by Country

In 2018, Australia (X tons) was the main exporter of goat meat, constituting X% of total exports. Ethiopia (X tons) occupied the second position in the ranking, followed by Kenya (X tons) and China (X tons). All these countries together held approx. X% share of total exports. Spain (X tons), France (X tons), Tanzania (X tons), Sudan (X tons), Pakistan (X tons), Greece (X tons) and New Zealand (X tons) followed a long way behind the leaders.

Exports from Australia increased at an average annual rate of +X% from 2007 to 2018. At the same time, Spain (+X%), Sudan (+X%), Kenya (+X%), Greece (+X%), Ethiopia (+X%), New Zealand (+X%) and Tanzania (+X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. France experienced a relatively flat trend pattern. By contrast, Pakistan (-X%) and China (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Australia, Ethiopia, Kenya, Spain and Sudan increased by +X%, +X%, +X%, +X% and +X% percentage points, while Pakistan (-X p.p.) and China (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest goat meat supplier from Syrian Arab Republic, comprising X% of global exports. The second position in the ranking was occupied by Ethiopia ($X), with a X% share of global exports. It was followed by China, with a X% share.

In Australia, goat meat exports increased at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Ethiopia (+X% per year) and China (+X% per year).

Export Prices by Country

The goat meat export price in Syrian Arab Republic stood at $X per ton in 2018, coming down by -X% against the previous year. In general, the goat meat export price continues to indicate a measured deduction. The pace of growth appeared the most rapid in 2014 when the export price increased by X% y-o-y. Syrian Arab Republic export price peaked at $X per ton in 2007; however, from 2008 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 China ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

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

Goat Meat Imports

Imports into Syrian Arab Republic

In 2018, the amount of goat meat imported into Syrian Arab Republic totaled X kg, coming down by -X% against the previous year. In general, goat meat imports continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2017 when imports decreased by -X% y-o-y. Over the period under review, goat meat imports attained their peak figure at X tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, goat meat imports amounted to $X in 2018. In general, goat meat imports continue to indicate a sharp decrease. The pace of growth was the most pronounced in 2016 with a decrease of -X% year-to-year. Over the period under review, goat meat imports reached their maximum at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

The U.S. was the key importer of goat meat in the world, with the volume of imports reaching X tons, which was approx. X% of total imports in 2018. It was distantly followed by the United Arab Emirates (X tons), Oman (X tons), Taiwan, Chinese (X tons) and Canada (X tons), together constituting a X% share of total imports. Portugal (X tons), South Korea (X tons), Saudi Arabia (X tons), China, Hong Kong SAR (X tons), Vietnam (X tons), Trinidad and Tobago (X tons) and Italy (X tons) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to goat meat imports into the U.S. stood at +X%. At the same time, South Korea (+X%), Vietnam (+X%), Portugal (+X%), Canada (+X%), the United Arab Emirates (+X%), Oman (+X%) and Trinidad and Tobago (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. China, Hong Kong SAR, Taiwan, Chinese and Saudi Arabia experienced a relatively flat trend pattern. By contrast, Italy (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the U.S., the United Arab Emirates, South Korea, Canada, Portugal, Oman and Vietnam increased by +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported goat meat into Syrian Arab Republic, comprising X% of global imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global imports. It was followed by China, Hong Kong SAR, with a X% share.

In the U.S., goat meat imports increased at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and China, Hong Kong SAR (+X% per year).

Import Prices by Country

The goat meat import price in Syrian Arab Republic stood at $X per ton in 2018, leveling off at the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2010 an increase of X% y-o-y. Over the period under review, the import prices for goat meat reached their maximum at $X per ton in 2011; afterwards, it flattened through to 2018.

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

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

Source: IndexBox Platform