Sheep and goat meat market in Honduras

Earlier Report Observations

Between 2018 and 2023, the Honduran sheep and goat meat market volume expanded from 505.5 t to 521.4 t, reflecting overall growth despite annual fluctuations. Production remained relatively stable, hovering between 493 t and 507 t, while import volumes varied, peaking at 20.0 t in 2021 to supplement domestic supply. The market's initial period was characterized by artisanal, small-scale farming with limited technology and genetic quality, which constrained sector competitiveness.

A noticeable dip in market size to 503.1 t in 2020 coincided with global supply chain disruptions and reduced economic activity during the COVID-19 pandemic, which likely affected import flows and demand. The subsequent rebound to 524.0 t in 2021 marked a recovery, supported by the ongoing integration of smallholder farmers into the value chain through initiatives like the 'Mesoamérica sin Hambre' program. By the end of the period, governmental policy shifted focus toward enhancing competitiveness and export potential.

Authorities, including the Ministry of Economic Development, actively promoted sheep and goat breeding through support mechanisms like the Firsa trust fund. From August 2024, new health regulations for food and beverages enforced by the Health Regulatory Agency (ARSA) began shaping production and commercial standards, aligning with the broader State Policy for the Agri-Food Sector 2023-2043 aimed at sustainable livestock development.

Production sheep and goat meat in Honduras

In kind, 2017-2020, t

Top producers of sheep and goat meat, 2017-2020

World map of production of sheep and goat meat, 2017-2020

Honduras has seen its sheep and goat meat production decline for the third year in a row. In 2020, the country produced 493.0 t of sheep and goat meat, showing only a slight variation compared to 2019.

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

Exports sheep and goat meat from Honduras

According to market research, Honduras did not export any sheep and goat meat between 2017 and 2020.

Imports sheep and goat meat to Honduras

Imports in kind, kg

Honduras imported a total of value_last_year kg of sheep and goat meat in 2020, marking a 44.7% decrease from 2019. From 2017 to 2020, imports fell by 16.1%, which translates to an annualized decline of 5.7%. The peak volume was recorded in 2019 at 18 117 kg, with the largest year-on-year increase also occurring that year at 67.5%.

Annual dynamics of product's imports to Honduras in kind, 2017-2020, kg

Between 2017 and 2020, Australia and the United States together accounted for 84.2% of Honduras's sheep and goat meat imports by volume, with the remaining share distributed among smaller markets.

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

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

Imports in value, K $ US

Following two years of growth, Honduras's imports of sheep and goat meat by value dropped in 2020. Imports totaled 89.5 K $ US that year, down 29.3% from the previous year. Over the 2017–2020 period, imports increased by 7.9%, equivalent to an annualized growth rate of 2.6%. The highest value was recorded in 2019 at 126.6 K $ US, with the largest year-on-year increase also in 2019 at 27.9%.

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

From 2017 to 2020, Australia and the United States were the primary sources for Honduras's sheep and goat meat imports by value, jointly representing 80.4% of total imports, while the remainder was spread across other markets.

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

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