Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in India - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in India (FOB) - 2022
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in India (CIF) - 2022
- Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in India
- Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in India
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in India (FOB) - 2022
The average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $4,590 per ton in 2022, picking up by 3.4% against the previous year. In general, the export price, however, showed a mild setback. The most prominent rate of growth was recorded in 2020 an increase of 9% against the previous year. As a result, the export price reached the peak level of $5,469 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Seychelles ($5,422 per ton) and Oman ($5,181 per ton), while the average price for exports to the United Arab Emirates ($3,674 per ton) and Maldives ($4,662 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in India (CIF) - 2022
The average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $12,201 per ton in 2022, rising by 38% against the previous year. Overall, the import price, however, continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 50% against the previous year. The import price peaked at $17,614 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($12,526 per ton), while the price for New Zealand amounted to $12,146 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-2.1%).
Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in India
In 2022, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) from India declined markedly to 488 tons, reducing by -32.4% against the year before. In general, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year.
In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) dropped markedly to $2.2M in 2022. Overall, exports recorded a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 10% against the previous year.
| Export of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 1,343 | 626 | 1,849 | 1,452 | 2.6% |
| United Arab Emirates | 1,820 | 661 | 947 | 283 | -46.2% |
| Saudi Arabia | 1,840 | 1,227 | 137 | 268 | -47.4% |
| Kuwait | 107 | 150 | 148 | 164 | 15.3% |
| Seychelles | 64.2 | 50.8 | 31.5 | 56.9 | -3.9% |
| Oman | 50.2 | 115 | N/A | 12.9 | -36.4% |
| Others | 128 | 78.0 | 91.2 | 2.3 | -73.8% |
| Total | 5,353 | 2,908 | 3,204 | 2,239 | -25.2% |
Top Export Markets for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) from India in 2022:
- Maldives (311.3 tons)
- United Arab Emirates (77.1 tons)
- Saudi Arabia (53.6 tons)
- Kuwait (32.4 tons)
- Seychelles (10.5 tons)
- Oman (2.5 tons)
Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in India
In 2022, approx. 96 tons of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) were imported into India; surging by 176% on 2021. In general, imports, however, saw a pronounced reduction.
In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) skyrocketed to $1.2M in 2022. Overall, imports, however, recorded a deep slump.
| Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 1,234 | 245 | 202 | 999 | -6.8% |
| Australia | 243 | 89.5 | 59.3 | 175 | -10.4% |
| United Arab Emirates | N/A | N/A | 46.8 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,477 | 335 | 308 | 1,174 | -7.4% |
Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to India in 2022:
- New Zealand (82.2 tons)
- Australia (14.0 tons)
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