Goat meat market in Americas

Earlier Report Observations

The goat meat market in the Americas expanded from 131.4 thousand tons in 2018 to 142.5 thousand tons in 2023. This growth was not linear, with a notable increase in 2019 followed by a period of relative stability through 2021. The market experienced a slight contraction in 2022 before resuming growth in 2023.

The market's recovery and growth in 2023 were supported by strong demand from ethnic populations, which drive over a third of consumption. Concurrently, distribution expanded as 41% of urban restaurants introduced goat meat to their specialty menus, increasing retail availability. Product labeling emphasizing 'free range' and 'Halal' certification further appealed to health-conscious and religious consumer segments.

Looking ahead, market dynamics continue to evolve with U.S. consumption reaching 55,000 tons. Global breeding program expansions and improved cold-chain logistics underpin supply, while urban demand for convenient and value-added products sustains the fresh and frozen segments.

Production goat meat in Americas

In kind, 2017-2020, K t

Top producers of goat meat, 2017-2020

World map of production of goat meat, 2017-2020

After two consecutive years of growth, goat meat production in the Americas experienced a decline. In 2020, production reached 137.4 thousand tons, showing little change from the previous year. Between 2017 and 2020, production increased by 8.2%, which translates to an average annual growth rate of 2.7%. The peak production level was recorded in 2019 at 138.1 thousand tons, marking the largest annual increase of 7.0% during this period.

Annual dynamics of production in Americas in kind, 2017-2020, K t

Exports goat meat from Americas

Exports in kind, t

The data shows irregular fluctuations, reflecting a volatile market environment. Export volumes varied dramatically, with a 96-fold difference between the 2019 high and the 2020 low. In 2020, goat meat exports from the Americas amounted to just 2 tons, representing a substantial year-over-year decline of 99.0%. The highest export volume was recorded in 2019 at 229 tons, which also saw the largest annual increase of 392.8%.

Annual dynamics of product's exports from Americas in kind, 2017-2020, t

From 2017 to 2020, three key markets—Vietnam, Angola, and Oman—remained central to goat meat exports in volume terms, collectively accounting for 56.9% of total export flows.

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

World map of product's exports from Americas in kind, 2017-2020

Exports in value, K $ US

The data reveals irregular changes, indicating a volatile market environment. Export values fluctuated significantly, with a 36-fold variation between the 2019 peak and the 2020 low. In 2020, the Americas exported goat meat worth 17 thousand US dollars, representing a dramatic year-over-year decline of 97.2%. The maximum export value was recorded in 2019 at 609 thousand US dollars, which also saw the largest annual increase of 117.0%.

Annual dynamics of product's exports from Americas in value, 2017-2020, K $ US

The structure of goat meat exports in value terms from 2017 to 2020 can be described as diversified. Vietnam accounted for 26.0% of export value, followed by Oman at 10.3% and Angola at 10.0%. Together, these three markets represented just 46.3% of total export flows, with no single country holding a clearly dominant position.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Americas in value, 2017-2020

Imports goat meat to Americas

Imports in kind, t

In 2020, goat meat imports to the Americas totaled 2 603 tons, showing a slight decline of 1.3% compared to the previous year. Over the 2017-2020 period, imports decreased by 48.4%, corresponding to an average annual decline of 19.8%. The lowest import volume was recorded in 2018 at 2 434 tons, which also saw the largest annual decline of 51.7%. The largest annual increase occurred in 2019 at 8.4%.

Annual dynamics of product's imports to Americas in kind, 2017-2020, t

From 2017 to 2020, Australia dominated goat meat imports to the Americas in volume terms, accounting for 73.1% of total imports. The remaining volume was distributed across a wide range of smaller markets.

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

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

Imports in value, K $ US

In 2020, goat meat imports to the Americas reached 18 179 thousand US dollars, representing a modest decline of 9.3% compared to 2019. Between 2017 and 2020, import values decreased by 37.6%, equating to an average annual decline of 14.6%. The lowest import value was recorded in 2018 at 15 613 thousand US dollars, which also saw the largest annual decline of 46.4%. The largest annual increase occurred in 2019 at 28.3%.

Annual dynamics of product's imports to Americas in value, 2017-2020, K $ US

From 2017 to 2020, Australia remained the primary source for goat meat imports to the Americas in value terms, accounting for 77.6% of total import flows. The remaining volume was fragmented across numerous other destinations.

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

World map of product's imports to Americas in value, 2017-2020