Market research

Sheep and goat meat market in South-eastern Asia

Sheep and goat meat market in South-eastern Asia

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"South-eastern Asia" region includes following countries:

Brunei Darussalam
Myanmar
Cambodia
Indonesia
Laos
Malaysia
the Philippines
Timor-Leste
Singapore
Vietnam
Thailand

Earlier Report Observations

The sheep and goat meat market in South-eastern Asia, measured in volume, entered the period at 506 thousand tons in 2018 and experienced a steady contraction over the next three years, reaching a low of 415 thousand tons in 2021. This was followed by a recovery phase, with volume rising to 452 thousand tons in 2022 and further to 478 thousand tons in 2023, though it remained below the initial 2018 level.

In value terms, the market followed a different trajectory. After declining from 2.7 billion USD in 2018 to 2.4 billion USD in 2020, it rebounded strongly to 2.9 billion USD in 2021 and surged to a peak of 3.7 billion USD in 2022, before moderating to 3.3 billion USD in 2023. This indicates that price movements significantly influenced the market's total value, particularly during the recovery years.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 4. Key Market Indicators and Trends
    1. 4.1. Key Market Indicators
      1. 4.1.1. In kind
        1. 4.1.1.1. Production, 2018-2023
        2. 4.1.1.2. Imports, 2018-2024
        3. 4.1.1.3. Exports, 2018-2024
        4. 4.1.1.4. Market size, 2018-2023
      2. 4.1.2. In value
        1. 4.1.2.1. Production, 2018-2023
        2. 4.1.2.2. Imports, 2018-2024
        3. 4.1.2.3. Exports, 2018-2024
        4. 4.1.2.4. Market size, 2018-2023
    2. 4.2. Market Trends and Factors
  5. 5. Production
    1. 5.1. Production in South-eastern Asia
      1. 5.1.1. Annual dynamics of production in South-eastern Asia in kind, 2018-2023, K t
    2. 5.2. Global production by Country, 2018-2023
      1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
      2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
      3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
      4. 5.2.4. Structure of production by countries in kind, 2018-2023
      5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
  6. 6. Imports
    1. 6.1. Imports (Direct Data*)
      1. 6.1.1. Imports - Total information
      2. 6.1.2. Imports in kind, t
        1. 6.1.2.1. Annual dynamics of product's imports to Brunei Darussalam in kind, 2018-2024, t
        2. 6.1.2.2. Dynamics of product's imports in kind to Brunei Darussalam by countries, 2018-2024, t
        3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.1.3. Imports in value, M $ US
        1. 6.1.3.1. Annual dynamics of product's imports to Brunei Darussalam in value, 2018-2024, M $ US
        2. 6.1.3.2. Dynamics of product's imports in value to Brunei Darussalam by countries, 2018-2024, M $ US
        3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 6.1.4. Average price of product's imports, $ US/t
        1. 6.1.4.1. Annual dynamics of average price of product's imports to Brunei Darussalam, 2018-2024, $ US/t
        2. 6.1.4.2. Dynamics of average price of product's imports to Brunei Darussalam by countries, 2018-2024, $ US/t
    2. 6.2. Imports (Mirror Data)
      1. 6.2.1. Imports - Total information
      2. 6.2.2. Imports in kind, t
        1. 6.2.2.1. Annual dynamics of product's imports to Brunei Darussalam in kind, 2018-2024, t
        2. 6.2.2.2. Dynamics of product's imports in kind to Brunei Darussalam by countries, 2018-2024, t
        3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.2.3. Imports in value, M $ US
        1. 6.2.3.1. Annual dynamics of product's imports to Brunei Darussalam in value, 2018-2024, M $ US
        2. 6.2.3.2. Dynamics of product's imports in value to Brunei Darussalam by countries, 2018-2024, M $ US
        3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 6.2.4. Average price of product's imports, $ US/t
        1. 6.2.4.1. Annual dynamics of average price of product's imports to Brunei Darussalam, 2018-2024, $ US/t
        2. 6.2.4.2. Dynamics of average price of product's imports to Brunei Darussalam by countries, 2018-2024, $ US/t
  7. 7. Exports
    1. 7.1. Exports (Direct Data*)
      1. 7.1.1. Exports - Total information
      2. 7.1.2. Exports in kind, t
        1. 7.1.2.1. Annual dynamics of product's exports from Brunei Darussalam in kind, 2018-2024, t
        2. 7.1.2.2. Dynamics of product's exports in kind from Brunei Darussalam by countries, 2018-2024, t
        3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.1.3. Exports in value, M $ US
        1. 7.1.3.1. Annual dynamics of product's exports from Brunei Darussalam in value, 2018-2024, M $ US
        2. 7.1.3.2. Dynamics of product's exports in value from Brunei Darussalam by countries, 2018-2024, M $ US
        3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.1.4. Average price of product's exports, $ US/t
        1. 7.1.4.1. Annual dynamics of average price of product's exports from Brunei Darussalam, 2018-2024, $ US/t
        2. 7.1.4.2. Dynamics of average price of product's exports from Brunei Darussalam by countries, 2018-2024, $ US/t
    2. 7.2. Exports (Mirror Data)
      1. 7.2.1. Exports - Total information
      2. 7.2.2. Exports in kind, t
        1. 7.2.2.1. Annual dynamics of product's exports from Brunei Darussalam in kind, 2018-2024, t
        2. 7.2.2.2. Dynamics of product's exports in kind from Brunei Darussalam by countries, 2018-2024, t
        3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.2.3. Exports in value, M $ US
        1. 7.2.3.1. Annual dynamics of product's exports from Brunei Darussalam in value, 2018-2024, M $ US
        2. 7.2.3.2. Dynamics of product's exports in value from Brunei Darussalam by countries, 2018-2024, M $ US
        3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.2.4. Average price of product's exports, $ US/t
        1. 7.2.4.1. Annual dynamics of average price of product's exports from Brunei Darussalam, 2018-2024, $ US/t
        2. 7.2.4.2. Dynamics of average price of product's exports from Brunei Darussalam by countries, 2018-2024, $ US/t
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, t
      2. 8.1.2. In value, M $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, t
      2. 8.2.2. In value, M $ US
  9. 9. Top buying and selling countries, 2018-2024
    1. 9.1. Direct Data
      1. 9.1.1. Import in Value by Countries-buyers
      2. 9.1.2. Export in Value by Countries-suppliers
    2. 9.2. Mirror Data
      1. 9.2.1. Import in Value by Countries-buyers
      2. 9.2.2. Export in Value by Countries-suppliers

Production sheep and goat meat in South-eastern Asia

In kind, 2017-2020, K t

Top producers of sheep and goat meat, 2017-2020

Source: SHEV.io

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

Source: SHEV.io

Sheep and goat meat production in South-eastern Asia has declined for the third year in a row. In 2020, the region produced 380.0 K t of sheep and goat meat, marking a 13.0% decrease from 2019. From 2017 to 2020, production fell by 33.5%, which translates to an average annual decline of 12.7%.

Annual dynamics of production in South-eastern Asia in kind, 2017-2020, K t

Parameter201820192020CAGR
1Change from last year(21.0%)(3.3%)(13.0%)(12.7%)
Source: SHEV.io

In value, 2017-2020, M $ US

Sheep and goat meat production in South-eastern Asia has declined for the third consecutive year. In 2020, the output was valued at 2 078 M $ US, down 9.3% from the previous year. Between 2017 and 2020, production decreased by 44.2%, with an average annual rate of decline of 17.7%.

Annual dynamics of production in South-eastern Asia in value, 2017-2020, M $ US

Parameter201820192020CAGR
1Change from last year(34.3%)(6.3%)(9.3%)(17.7%)
Source: SHEV.io

Exports sheep and goat meat from South-eastern Asia

Exports in kind, t

Sheep and goat meat exports from South-eastern Asia have increased for the third year running. In 2020, exports reached 1 777 t, remaining largely stable compared to 2019. From 2017 to 2020, exports surged by 298.3%, averaging an annual growth rate of 58.5%.

Annual dynamics of product's exports from South-eastern Asia in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last year218.8%24.3%0.5%58.5%
Source: SHEV.io

Between 2017 and 2020, South-eastern Asia exported sheep and goat meat to numerous countries. Even the top destinations—China, Australia, and Sri Lanka—collectively accounted for only 15.7% of total export volumes.

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

Source: SHEV.io

World map of product's exports from South-eastern Asia in kind, 2017-2020

Source: SHEV.io

Exports in value, M $ US

Sheep and goat meat exports from South-eastern Asia have risen for the third consecutive year. In 2020, the region exported 9.7 M $ US worth of sheep and goat meat, showing a 4.8% year-on-year increase. From 2017 to 2020, exports grew by 234.5%, with an average annual rate of 49.6%.

Annual dynamics of product's exports from South-eastern Asia in value, 2017-2020, M $ US

Parameter201820192020CAGR
1Change from last year165.1%20.4%4.8%49.6%
Source: SHEV.io

From 2017 to 2020, the export market in value terms was highly fragmented. China (12.0% of export value), Australia (5.1%), and Sri Lanka (3.5%) together made up just 20.5% of total exports, with no single partner emerging as clearly dominant.

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

Source: SHEV.io

World map of product's exports from South-eastern Asia in value, 2017-2020

Source: SHEV.io

Imports sheep and goat meat to South-eastern Asia

Imports in kind, t

After two years of decline, sheep and goat meat imports into South-eastern Asia have rebounded. In 2020, import volumes reached 56 182 t, up 10.7% from the previous year. Between 2017 and 2020, imports decreased by 5.2%, averaging an annual decline of 1.8%. The lowest volume was recorded in 2019 at 50 772 t, which also saw the largest drop of 9.8%.

Annual dynamics of product's imports to South-eastern Asia in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last year(5.0%)(9.8%)10.7%(1.8%)
Source: SHEV.io

From 2017 to 2020, Australia was the dominant source for sheep and goat meat imports into South-eastern Asia, accounting for 75.8% of total volumes. The remainder was spread across several smaller markets.

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

Source: SHEV.io

World map of product's imports to South-eastern Asia in kind, 2017-2020

Source: SHEV.io

Imports in value, M $ US

South-eastern Asia imported 323.9 M $ US worth of sheep and goat meat in 2020, a 16.7% increase from 2019. Between 2017 and 2020, imports rose by 6.6%, with an average annual growth rate of 2.2%. The lowest value was in 2019 at 277.6 M $ US, which also experienced the largest decline of 9.4%.

Annual dynamics of product's imports to South-eastern Asia in value, 2017-2020, M $ US

Parameter201820192020CAGR
1Change from last year0.8%(9.4%)16.7%2.2%
Source: SHEV.io

Between 2017 and 2020, Australia remained the primary source for sheep and goat meat imports into South-eastern Asia, representing 75.8% of total import value. Other destinations played a much smaller role.

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

Source: SHEV.io

World map of product's imports to South-eastern Asia in value, 2017-2020

Source: SHEV.io

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