Market research

Beef, sheep or goat fat market in Bhutan

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

From 2018 to 2022, Bhutan's production of beef, sheep, and goat fats showed notable fluctuations, beginning at 38,270 kg. After a dip to 34,250 kg in 2019, output recovered over the next two years, reaching 48,250 kg by 2021. The market then experienced a sharp expansion in 2022, with production jumping to 72,620 kg.

Production moderated to 63,610 kg in 2023. That year's Integrated Agriculture and Livestock Census recorded a substantial national livestock population, including over 260,000 bovine animals, which underpinned the ongoing supply base for fats derived from meat processing.

The regulatory landscape evolved in 2024 with the passage of Bhutan's comprehensive Livestock Bill, which aims to overhaul governance of slaughterhouses and meat processing facilities. Concurrently, the new Bhutan Standard for Animal Meat and Co-Products established specific labeling and quality requirements for products including fats, shaping future market conditions.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Bhutan
  1. 5.1.1. Annual dynamics of production in Bhutan in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Bhutan in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Bhutan in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Bhutan by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Bhutan in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Bhutan by countries, 2018-2024, $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bhutan, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Bhutan by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Bhutan in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Bhutan by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Bhutan in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Bhutan by countries, 2018-2024, $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bhutan, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Bhutan by countries, 2018-2024, $ US/kg
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, kg
  2. 7.1.2. In value, $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, kg
  2. 7.2.2. In value, $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production beef, sheep or goat fat in Bhutan

In kind, 2017-2020, t

Top producers of beef, sheep or goat fat, 2017-2020

Source: SHEV.io

World map of production of beef, sheep or goat fat, 2017-2020

Source: SHEV.io

In Bhutan, the production of beef, sheep, or goat fat reached 40.5 tonnes in 2020, marking an 18.2% increase compared to the previous year. Over the period from 2017 to 2020, production grew by 27.6%, which translates to an average annual growth rate of 8.5%. The most significant decline occurred in 2019, with a drop of 10.5%, while the largest increase was observed in 2018, at 20.6%.

Annual dynamics of production in Bhutan in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	20.6%	(10.5%)	18.2%	8.5%

Source: SHEV.io

Exports beef, sheep or goat fat from Bhutan

Based on marketing analysis, Bhutan did not export any beef, sheep, or goat fat from 2017 through 2020.

Imports beef, sheep or goat fat to Bhutan

Imports in kind, kg

Annual dynamics of product's imports to Bhutan in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, India was the overwhelmingly dominant supplier of beef, sheep, or goat fat to Bhutan, accounting for 100.0% of total imports in kind.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Bhutan in kind, 2017-2020

Source: SHEV.io