The demand for sheep and goat meat has been increasing worldwide, and Russia and Georgia have been significant players in the export market. As a Geo Commerce Manufacture’s Buyer, it is essential to understand the dynamics of the export market to make informed business decisions. In this blog post, we will explore the trade statistics of sheep and goat meat in Russia and Georgia.
Russia: A Major Importer of Sheep Meat
Russia has been a significant importer of sheep meat for many years. According to Statista, Russia imported over 41,000 tonnes of sheep meat in 2019, which accounts for 12.2% of total sheep meat imports in the world. This data highlights Russia’s huge demand for sheep meat, making it an attractive market for exporters.
Georgia: A Growing Exporter of Sheep and Goat Meat
Georgia, on the other hand, has been making strides in the export market of sheep and goat meat. According to Trend Economy, Georgia’s sheep and goat meat exports increased by 33.3% in 2020 compared to the previous year. This growth shows the potential of the Georgian market and the increasing demand for its products.
A Look at the Export Destinations
Russia’s main source of sheep meat is New Zealand, accounting for over 30% of total imports. Georgia’s main export destinations are Armenia and Azerbaijan, accounting for approximately 43% of total exports. These trade statistics show the importance of establishing strong relationships with key trading partners in the region.
The Future of Sheep and Goat Meat Trade in Russia and Georgia
With the increasing demand for sheep and goat meat, the future looks bright for the export market in Russia and Georgia. However, it is essential to keep in mind the potential challenges such as changes in trade policies, market saturation, and competition. As a buyer, it is crucial to stay informed and adapt to these changes to remain competitive in the market.
In conclusion, the export market of sheep and goat meat in Russia and Georgia has immense potential, with Russia being a major importer and Georgia being a growing exporter. As a Geo Commerce Manufacture’s Buyer, understanding the trade statistics and dynamics of the market is essential to make informed business decisions. If you would like to learn more about exporting sheep and goat meat, or to discuss potential business opportunities, please contact us.
If you are interested in learning more about the export market of sheep and goat meat in Russia and Georgia, or if you have any questions, please do not hesitate to contact us. Our team of experts is always ready to assist and support you in your business endeavors.