Greece: Market for Sheep And Goat Meat 2024

Market Size for Sheep And Goat Meat in Greece

The Greek sheep and goat meat market soared to $X in 2023, with an increase of X% against the previous year. Overall, consumption, however, recorded a perceptible descent. Sheep and goat meat consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Production of Sheep And Goat Meat in Greece

In value terms, sheep and goat meat production rose rapidly to $X in 2023 estimated in export price. Over the period under review, production recorded a pronounced contraction. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

The average yield of sheep and goat meat in Greece declined to X kg per head in 2023, shrinking by X% against 2022 figures. The yield figure increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. As a result, the yield reached the peak level of X kg per head, and then dropped in the following year.

The number of animals slaughtered for sheep and goat meat production in Greece rose to X heads in 2023, with an increase of X% on the previous year's figure. Overall, the number of producing animals, however, recorded a abrupt setback. The growth pace was the most rapid in 2018 when the number of producing animals increased by X% against the previous year. Over the period under review, this number attained the maximum level at X heads in 2012; however, from 2013 to 2023, producing animals remained at a lower figure.

Exports of Sheep And Goat Meat

Exports from Greece

After two years of growth, shipments abroad of sheep and goat meat decreased by X% to X tons in 2023. In general, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2022, and then fell rapidly in the following year.

In value terms, sheep and goat meat exports dropped remarkably to $X in 2023. Overall, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2022, and then contracted sharply in the following year.

Exports by Country

Italy (X tons) was the main destination for sheep and goat meat exports from Greece, with a X% share of total exports. Moreover, sheep and goat meat exports to Italy exceeded the volume sent to the second major destination, Spain (X tons), twofold. Portugal (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Italy stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Portugal (X% per year).

In value terms, Italy ($X) remains the key foreign market for sheep and goat meat exports from Greece, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with an X% share of total exports. It was followed by Portugal, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Portugal (X% per year).

Export Prices by Country

In 2023, the average sheep and goat meat export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. The export price peaked in 2023 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sheep And Goat Meat

Imports into Greece

In 2023, overseas purchases of sheep and goat meat increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, total imports indicated a moderate expansion from 2012 to 2023: its volume 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 2023 figures, imports increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2023, imports remained at a lower figure.

In value terms, sheep and goat meat imports rose modestly to $X in 2023. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2023: 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 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Imports peaked in 2023 and are likely to see steady growth in the immediate term.

Imports by Country

Romania (X tons), New Zealand (X tons) and Spain (X tons) were the main suppliers of sheep and goat meat imports to Greece, with a combined X% share of total imports. The Netherlands, France, North Macedonia and Bulgaria lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sheep and goat meat suppliers to Greece were New Zealand ($X), Romania ($X) and Spain ($X), together comprising X% of total imports. The Netherlands, North Macedonia, France and Bulgaria lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sheep and goat meat import price stood at $X per ton in 2023, falling by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then dropped sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was New Zealand ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2023, 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