Goat meat market in ASEAN

Earlier Report Observations

The ASEAN goat meat market volume followed a volatile path from 2018 to 2023, starting at 139.1 thousand tons and finishing at 145.4 thousand tons. After a 3% rise to 143.5 thousand tons in 2019, consumption fell 9% to 131.1 thousand tons in 2020. It stabilized near 130.0 thousand tons in 2021 before recovering to 135.0 thousand tons in 2022 and jumping 8% to 145.4 thousand tons in 2023.

Domestic production closely tracked market size, indicating that local output was the primary driver. Production peaked at 143.5 thousand tons in 2019, dipped to a low of 129.8 thousand tons in 2021, and then climbed to 145.2 thousand tons in 2023. Imports and exports remained minimal throughout the period, never exceeding 0.6 thousand tons annually.

Recent market developments have included the expansion of breeding programs to strengthen national herds and a significant 34% growth in cold-chain infrastructure, which improves storage and transportation. Mechanized slaughtering systems also increased by 22%, enhancing processing efficiency, while rising demand for halal-certified and fresh goat meat influenced product offerings and labeling.

Production goat meat in ASEAN

In kind, 2017-2020, K t

Top producers of goat meat, 2017-2020

World map of production of goat meat, 2017-2020

In 2020, ASEAN countries produced 130.8 thousand tons of goat meat, representing an 8.8% decrease compared to 2019. Over the period from 2017 to 2020, production declined by 39.4%, which translates to an average annual reduction of 15.4%. The most significant drop occurred in 2018 at 35.7%, while the largest increase was recorded in 2019 at 3.3%.

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

Exports goat meat from ASEAN

Exports in kind, t

Goat meat exports from ASEAN to international markets have risen for the third consecutive year. In 2020, shipments reached 405.6 tons, showing a substantial increase of 33.2% compared to the previous year. Between 2017 and 2020, exports surged by 61 364.8%, equivalent to an average annual growth rate of 750.2%.

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

From 2017 to 2020, China was the primary destination for ASEAN's goat meat exports in volume terms, accounting for 52.1% of total shipments.

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

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

Exports in value, K $ US

The value of goat meat exports from ASEAN has grown for the third year in a row. In 2020, export revenues amounted to 2 226 thousand US dollars, marking a sharp increase of 32.3% over the previous year. Between 2017 and 2020, export values rose by 79 017.4%, representing an average annual growth rate of 824.9%.

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

During the 2017–2020 period, China consistently held the largest share of ASEAN's goat meat exports in value terms, representing 62.8% of total export revenues.

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

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

Imports goat meat to ASEAN

Imports in kind, t

The market exhibited volatility throughout the observed period. Import volumes peaked in 2020 and reached their lowest point in 2018, with a difference of 2.3 times between these two years. In 2020, ASEAN imported a total of 609.5 tons of goat meat, corresponding to a significant year-on-year increase of 103.0%. The lowest import volume was recorded in 2018 at 263.6 tons, with the largest decline that year at 49.9%.

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

Between 2017 and 2020, Australia (61.1% of import volume), Argentina (12.6%), and the Netherlands (9.1%) formed the core group of suppliers for ASEAN's goat meat imports, collectively accounting for 82.8% of total import volumes.

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

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

Imports in value, K $ US

Market performance showed noticeable fluctuations during this period. Import values varied by a factor of two between the high in 2017 and the low in 2019. In 2020, the value of goat meat imports into ASEAN totaled 2 683 thousand US dollars, indicating a substantial improvement of 91.9% compared to 2019. The lowest value was recorded in 2019 at 1 398 thousand US dollars, with the most significant decline occurring in 2018 at 46.7%.

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

From 2017 to 2020, Australia and Argentina consistently represented 81.1% of ASEAN's total goat meat import value, demonstrating a high level of market concentration alongside numerous smaller suppliers.

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

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