Earlier Report Observations
The market volume for sheep and goat meat in Laos grew consistently from 4 836 t in 2018 to 6 428 t in 2023, an expansion of over 30% across the period. Domestic production increased each year, reaching 6 403 t by 2023, driving the overall market growth.
In 2023, the country's total agricultural export earnings rose to over 2 billion USD, up from 1.73 billion USD the previous year, indicating broad sector strength that coincided with the continued rise in sheep and goat meat market volume.
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 Laos
- 5.1.1. Annual dynamics of production in Laos in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Laos 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 Laos
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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 Laos in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Laos 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, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Laos in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Laos by countries, 2018-2024, K $ 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 Laos, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Laos 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 Laos in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Laos 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, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Laos in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Laos by countries, 2018-2024, K $ 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 Laos, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Laos by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data*)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, K $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, K $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production sheep and goat meat in Laos
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
Laos has seen its sheep and goat meat production grow for the third year in a row. In 2020, the country produced 5 384 tons of sheep and goat meat, marking a 5.7% increase from the previous year. From 2017 to 2020, production rose by 17.1%, which translates to an average annual growth rate of 5.4%.
Annual dynamics of production in Laos in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 5.1% | 5.5% | 5.7% | 5.4% |
Exports sheep and goat meat from Laos
According to market research data, Laos did not export any sheep and goat meat between 2017 and 2020.
Imports sheep and goat meat to Laos
Imports in kind, kg
The market exhibited significant volatility during this period. Imports peaked in 2020 and dropped to their lowest level in 2018, with a difference of 2.2 times between these two years. In 2020, Laos imported 14 423 kg of sheep and goat meat, representing a sharp 72.4% increase compared to the previous year. The lowest import volume was recorded in 2018 at 6 441 kg, which also saw the largest decline of 19.2%.
Annual dynamics of product's imports to Laos in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (19.2%) | 29.9% | 72.4% | 21.8% |
From 2017 to 2020, Australia was the dominant partner for sheep and goat meat imports by volume, accounting for 84.5% of total imports. Other markets contributed relatively smaller shares during this period.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Laos in kind, 2017-2020
Imports in value, K $ US
The market displayed notable volatility over the observed years. Imports fluctuated by 2.4 times, reaching a high in 2020 and a low in 2018. In 2020, Laos imported sheep and goat meat worth 122.5 thousand US dollars, reflecting a dramatic 80.2% year-over-year increase. The lowest value was recorded in 2018 at 51.6 thousand US dollars, which also experienced the largest decline of 3.5%.
Annual dynamics of product's imports to Laos in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (3.5%) | 31.8% | 80.2% | 31.8% |
Throughout 2017–2020, Australia led in sheep and goat meat imports by value, holding a 90.1% share of total imports. Other markets collectively accounted for the remaining portion.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Laos in value, 2017-2020
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