Goat meat market in MERCOSUR

Earlier Report Observations

The goat meat market in MERCOSUR started a recovery phase in 2018, with production reaching 43.1 thousand tonnes. This initial growth was primarily driven by the meat industry's rebound following the 'Operação Carne Fraca' scandal, which had caused significant disruption. The recovery helped restore production capacity and set a foundation for market expansion.

After a modest contraction to 45.6 thousand tonnes in 2021, the market volume grew again in the following years. This resurgence was supported by the expansion of the frozen and chilled meat segments, making the product more widely available. Further growth to 48.8 thousand tonnes by 2023 was aided by enhanced supply chain standards to meet health and safety requirements, alongside rising consumer demand in urban areas driven by higher disposable incomes.

Production goat meat in MERCOSUR

In kind, 2017-2020, t

Top producers of goat meat, 2017-2020

World map of production of goat meat, 2017-2020

Goat meat production in MERCOSUR has been growing for three consecutive years. In 2020, the region produced 47 028 tons of goat meat, marking a 5.4% increase from the previous year. Over the 2017-2020 period, production rose by 16.7%, with an average annual growth rate of 5.3%.

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

Exports goat meat from MERCOSUR

Exports in kind, t

The market showed significant volatility during this period. Export volumes reached their highest point in 2019 and dropped to their lowest in 2018, with a staggering 528-fold difference between these extremes. In 2020, MERCOSUR's goat meat exports totaled just 1.9 tons, representing a dramatic 99.0% decrease compared to 2019. The lowest export volume was recorded in 2018 at 0.4 tons, while the peak occurred in 2019 with 191.0 tons. The most substantial decline happened in 2018 at 99.8%, whereas the largest increase was observed in 2019 with an extraordinary 52,672.4% surge.

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

From 2017 to 2020, Vietnam (51.9% of export volume), the Bahamas (13.7%), and Angola (13.1%) were the primary destinations for MERCOSUR's goat meat exports. Together, these three countries accounted for 78.8% of all export flows during this period.

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

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

Exports in value, K $ US

The market experienced considerable volatility throughout these years. Export values peaked in 2017 and hit their lowest point in 2018, creating a remarkable 245-fold gap between these two extremes. In 2020, MERCOSUR's goat meat exports were valued at 14.9 thousand US dollars, showing a sharp 96.1% contraction compared to 2019. The minimum export value was recorded in 2018 at 1.9 thousand US dollars. The most significant decline occurred in 2018 with a 99.6% drop, while the largest increase was seen in 2019 with an impressive 19,662.8% rise.

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

During the 2017-2020 period, Vietnam (41.9% of export value), Oman (16.6%), and Angola (16.1%) represented the largest markets for MERCOSUR's goat meat exports in monetary terms. Collectively, these three destinations accounted for 74.6% of total export value.

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

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

Imports goat meat to MERCOSUR

According to market reports, MERCOSUR did not import any goat meat between 2017 and 2020.