Australian goat production has experienced a surge, growing for the second year in a row following a low in 2020, with a 37% increase in 2022. Despite this, prices have remained low, with the average over-the-hook price currently between $3.20 and $3.37 cwt. The country leads in goatmeat exports, with the US, South Korea, Canada, Taiwan, and Trinidad & Tobago as the main markets. Domestic consumption of goatmeat is projected to grow at a CAGR of 4.9% over the next five years.