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India - Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIndia: Goat Meat Market 2024
Goat Meat Market Size in India
The Indian goat meat market declined slightly to $X in 2023, approximately reflecting the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the market hit record highs at $X in 2022, and then fell slightly in the following year.
Goat Meat Production in India
In value terms, goat meat production shrank modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. Goat meat production peaked at $X in 2022, and then reduced modestly in the following year.
In 2023, the average yield of goat meat in India stood at X kg per head, remaining constant against 2022. Overall, the yield recorded a relatively flat trend pattern. Over the period under review, the average goat meat yield hit record highs in 2023 and is expected to retain growth in the immediate term.
In 2023, approx. X heads of animals slaughtered for goat meat production in India; approximately mirroring the previous year. In general, the number of producing animals, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The number of animals slaughtered for goat meat production peaked at X heads in 2020; however, from 2021 to 2023, producing animals stood at a somewhat lower figure.
Goat Meat Exports
Exports from India
In 2023, after two years of growth, there was decline in shipments abroad of goat meat, when their volume decreased by X% to X tons. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2022, and then contracted in the following year.
In value terms, goat meat exports surged to $X in 2023. Overall, exports, however, showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Oman (X tons) was the main destination for goat meat exports from India, accounting for a X% share of total exports. Moreover, goat meat exports to Oman exceeded the volume sent to the second major destination, Qatar (X tons), threefold. The third position in this ranking was taken by Bahrain (X tons), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Oman amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Bahrain (X% per year).
In value terms, Oman ($X) remains the key foreign market for goat meat exports from India, comprising X% of total exports. The second position in the ranking was held by Bahrain ($X), with a X% share of total exports. It was followed by Qatar, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to Oman amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (X% per year) and Qatar (X% per year).
Export Prices by Country
In 2023, the average goat meat export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price showed strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Qatar ($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 Oman (X%), while the prices for the other major destinations experienced more modest paces of growth.
Goat Meat Imports
Imports into India
In 2023, approx. X kg of goat meat were imported into India; reducing by X% compared with the previous year's figure. In general, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2022 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2023, imports failed to regain momentum.
In value terms, goat meat imports fell rapidly to $X in 2023. Overall, imports, however, posted a resilient increase. The growth pace was the most rapid in 2022 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, Australia (X kg) constituted the largest goat meat supplier to India, accounting for a X% share of total imports. Moreover, goat meat imports from Australia exceeded the figures recorded by the second-largest supplier, Kenya (X kg), more than tenfold.
From 2012 to 2023, the average annual rate of growth in terms of volume from Australia was relatively modest.
In value terms, Australia ($X) constituted the largest supplier of goat meat to India, comprising X% of total imports. The second position in the ranking was held by Kenya ($X), with a X% share of total imports.
From 2012 to 2023, the average annual rate of growth in terms of value from Australia was relatively modest.
Import Prices by Country
In 2023, the average goat meat import price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Kenya stood at $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).
Source: IndexBox Platform
This report provides an in-depth analysis of the goat meat market in India. 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
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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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