Earlier Report Observations
Thailand's goat meat market volume grew from 1 792 metric tons in 2018 to 1 882 metric tons by 2023. The foundation for this expansion was laid early when the Ministry of Agriculture and Cooperatives implemented a policy to develop meat goat farming in the Northeast region, particularly in Udon Thani province, under the national goat strategy for 2017-2024. Concurrently, goat farmer groups in Sakon Nakhon province organized to set unified purchase prices to prevent price suppression and announced plans to establish their own slaughterhouse to increase value addition and gain greater market control.
Market volume continued a steady upward trajectory, reaching 1 878 metric tons in 2021. The growth through this period reflects the sustained impact of the earlier structural support for producers and farm organization. In 2022, the market volume experienced a slight adjustment to 1 869 metric tons, marking a period of stabilization.
A significant shift in consumer dynamics occurred in 2022 as soaring pork prices in Thailand made goat meat a more attractive alternative, broadening its appeal beyond the traditional Muslim consumer base. This increased demand helped energize the market, supporting a recovery in volume, which rose to 1 882 metric tons in 2023.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Thailand
- 5.1.1. Annual dynamics of production in Thailand in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Thailand in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Thailand
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to Thailand in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Thailand by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Thailand in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Thailand by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Thailand, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Thailand by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to Thailand in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Thailand by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Thailand in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Thailand by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Thailand, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Thailand by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, kg
- 7.1.2.1. Annual dynamics of product's exports from Thailand in kind, 2018-2024, kg
- 7.1.2.2. Dynamics of product's exports in kind from Thailand by countries, 2018-2024, kg
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, $ US
- 7.1.3.1. Annual dynamics of product's exports from Thailand in value, 2018-2024, $ US
- 7.1.3.2. Dynamics of product's exports in value from Thailand by countries, 2018-2024, $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Thailand, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Thailand by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, kg
- 7.2.2.1. Annual dynamics of product's exports from Thailand in kind, 2018-2024, kg
- 7.2.2.2. Dynamics of product's exports in kind from Thailand by countries, 2018-2024, kg
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, $ US
- 7.2.3.1. Annual dynamics of product's exports from Thailand in value, 2018-2024, $ US
- 7.2.3.2. Dynamics of product's exports in value from Thailand by countries, 2018-2024, $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Thailand, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Thailand by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, kg
- 8.1.2. In value, $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, kg
- 8.2.2. In value, $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production goat meat in Thailand
In kind, 2017-2020, t
Top producers of goat meat, 2017-2020
World map of production of goat meat, 2017-2020
Thailand's goat meat production increased for the second consecutive year. In 2019, production was relatively stable, followed by a rise to 1 809 tonnes in 2020. The lowest production volume was recorded in 2018 at 1 792 tonnes. The largest decline occurred in 2018 with a 0.0% change, while the most significant increase was in 2019 at 0.7%.
Annual dynamics of production in Thailand in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (0.0%) | 0.7% | 0.3% | 0.3% |
Exports goat meat from Thailand
Market intelligence reports indicate that Thailand did not export any goat meat from 2017 to 2020.
Imports goat meat to Thailand
Imports in kind, kg
In 2019, cross-border shipments of goat meat to Thailand remained stable, followed by imports of 1 022 kg in 2020. Between 2017 and 2020, imports surged by 4 684.6%, translating to an annualized growth rate of 263.0%.
Annual dynamics of product's imports to Thailand in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | 263.0% |
From 2017 to 2020, New Zealand was the dominant and nearly exclusive source for Thailand's goat meat imports, accounting for 96.0% of the total volume.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Thailand in kind, 2017-2020
Imports in value, $ US
In 2019, goat meat imports to Thailand were broadly stable, with shipments totaling 12 724 US dollars in 2020. Over the 2017-2020 period, imports grew by 9 948%, reflecting a compound annual growth rate (CAGR) of 364.9%.
Annual dynamics of product's imports to Thailand in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | 364.9% |
During 2017-2020, the import market was highly concentrated, with New Zealand alone representing 98.3% of total imports in value terms.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Thailand in value, 2017-2020
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