The demand for mutton and goat meat in the United Arab Emirates displayed a stable upward trend from 2014 through 2019, achieving a high of 94 thousand metric tons, before a significant drop in 2020 by 16.12% due to external factors such as pandemic impacts. This was followed by a strong rebound in 2021 with a growth of 20.48%, continuing a mild increase to reach 96 thousand metric tons in 2023. The compound annual growth rate (CAGR) over the past five years stands at 0.42%, indicating a modest, yet steady rise.
Looking forward, the forecast from 2024 through 2028 suggests a continued slight increase in demand, culminating at 98.52 thousand metric tons by 2028, with a five-year CAGR of 0.39%. This reflects an overall mild growth rate of 1.98% over the forecast period.
Future trends to watch for include potential fluctuations due to global economic conditions, dietary shifts towards alternative proteins, and expansion in local production capacity. These factors could impact both the demand and supply of mutton and goat meat in the UAE market.
