Market research

Goat meat market in Armenia

Goat meat market in Armenia

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The goat meat market in Armenia showed a pattern of stability followed by a peak and subsequent decline between 2018 and 2023. Overall market volume, driven almost entirely by domestic production, fluctuated within a moderate range before a noticeable contraction in the latter part of the period.

After remaining steady at around 29 000 kg annually from 2018 to 2020, the market expanded by over 6% in 2021 to reach 31 165 kg. This increase marked the highest volume recorded in recent years. However, this growth reversed sharply, with the market shrinking by nearly 10% in 2022 and falling further to 26 320 kg in 2023.

The minimal role of trade flows meant that changes in domestic output directly shaped market size. The decline from the 2021 peak represented a significant reduction in available goat meat, indicating a shift in production levels within the country.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 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. 5. Production
    1. 5.1. Production in Armenia
      1. 5.1.1. Annual dynamics of production in Armenia in kind, 2018-2023, kg
      2. 5.1.2. Annual dynamics of production in Armenia 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, kg
      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, kg
      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. 6. Exports
    1. 6.1. Exports (Direct Data)
      1. 6.1.1. Exports - Total information
      2. 6.1.2. Exports in kind, kg
        1. 6.1.2.1. Annual dynamics of product's exports from Armenia in kind, 2018-2024, kg
        2. 6.1.2.2. Dynamics of product's exports in kind from Armenia by countries, 2018-2024, kg
        3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 6.1.3. Exports in value, $ US
        1. 6.1.3.1. Annual dynamics of product's exports from Armenia in value, 2018-2024, $ US
        2. 6.1.3.2. Dynamics of product's exports in value from Armenia by countries, 2018-2024, $ US
        3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 6.1.4. Average price of product's exports, $ US/kg
        1. 6.1.4.1. Annual dynamics of average price of product's exports from Armenia, 2018-2024, $ US/kg
        2. 6.1.4.2. Dynamics of average price of product's exports from Armenia by countries, 2018-2024, $ US/kg
    2. 6.2. Exports (Mirror Data)
      1. 6.2.1. Exports - Total information
      2. 6.2.2. Exports in kind, kg
        1. 6.2.2.1. Annual dynamics of product's exports from Armenia in kind, 2018-2024, kg
        2. 6.2.2.2. Dynamics of product's exports in kind from Armenia by countries, 2018-2024, kg
        3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 6.2.3. Exports in value, $ US
        1. 6.2.3.1. Annual dynamics of product's exports from Armenia in value, 2018-2024, $ US
        2. 6.2.3.2. Dynamics of product's exports in value from Armenia by countries, 2018-2024, $ US
        3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 6.2.4. Average price of product's exports, $ US/kg
        1. 6.2.4.1. Annual dynamics of average price of product's exports from Armenia, 2018-2024, $ US/kg
        2. 6.2.4.2. Dynamics of average price of product's exports from Armenia by countries, 2018-2024, $ US/kg
  7. 7. Imports
    1. 7.1. Imports (Direct Data)
      1. 7.1.1. Imports - Total information
      2. 7.1.2. Imports in kind, kg
        1. 7.1.2.1. Annual dynamics of product's imports to Armenia in kind, 2018-2024, kg
        2. 7.1.2.2. Dynamics of product's imports in kind to Armenia by countries, 2018-2024, kg
        3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 7.1.3. Imports in value, $ US
        1. 7.1.3.1. Annual dynamics of product's imports to Armenia in value, 2018-2024, $ US
        2. 7.1.3.2. Dynamics of product's imports in value to Armenia by countries, 2018-2024, $ US
        3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 7.1.4. Average price of product's imports, $ US/kg
        1. 7.1.4.1. Annual dynamics of average price of product's imports to Armenia, 2018-2024, $ US/kg
        2. 7.1.4.2. Dynamics of average price of product's imports to Armenia by countries, 2018-2024, $ US/kg
    2. 7.2. Imports (Mirror Data)
      1. 7.2.1. Imports - Total information
      2. 7.2.2. Imports in kind, kg
        1. 7.2.2.1. Annual dynamics of product's imports to Armenia in kind, 2018-2024, kg
        2. 7.2.2.2. Dynamics of product's imports in kind to Armenia by countries, 2018-2024, kg
        3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 7.2.3. Imports in value, $ US
        1. 7.2.3.1. Annual dynamics of product's imports to Armenia in value, 2018-2024, $ US
        2. 7.2.3.2. Dynamics of product's imports in value to Armenia by countries, 2018-2024, $ US
        3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 7.2.4. Average price of product's imports, $ US/kg
        1. 7.2.4.1. Annual dynamics of average price of product's imports to Armenia, 2018-2024, $ US/kg
        2. 7.2.4.2. Dynamics of average price of product's imports to Armenia by countries, 2018-2024, $ US/kg
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, kg
      2. 8.1.2. In value, $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, kg
      2. 8.2.2. In value, $ US
  9. 9. Top buying and selling countries, 2018-2024
    1. 9.1. Direct Data
      1. 9.1.1. Import in Value by Countries-buyers
      2. 9.1.2. Export in Value by Countries-suppliers
    2. 9.2. Mirror Data
      1. 9.2.1. Import in Value by Countries-buyers
      2. 9.2.2. Export in Value by Countries-suppliers

Production goat meat in Armenia

In kind, 2017-2020, kg

Top producers of goat meat, 2017-2020

Source: SHEV.io

World map of production of goat meat, 2017-2020

Source: SHEV.io

Following a two-year decline, Armenia's goat meat production has rebounded. In 2020, the country produced 29 390 kg of goat meat, showing minimal change from the previous year. Compared to 2019, production remained largely stable. Over the period from 2017 to 2020, overall production fell by 23.3%, which translates to an average annual decrease of 8.5%. The lowest production level was observed in 2019 at 29 250 kg. The most significant drop occurred in 2018, with a decline of 22.4%.

Annual dynamics of production in Armenia in kind, 2017-2020, kg

Parameter201820192020CAGR
1Change from last year(22.4%)(1.5%)0.5%(8.5%)
Source: SHEV.io

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