Canada - Lamb And Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Lamb and Sheep Meat in Canada - 2023
Contents:
- Price for Lamb and Sheep Meat in Canada (CIF) - 2023
- Price for Lamb and Sheep Meat in Canada (FOB) - 2022
- Imports of Lamb and Sheep Meat in Canada
- Exports of Lamb and Sheep Meat in Canada
Price for Lamb and Sheep Meat in Canada (CIF) - 2023
The average lamb and sheep meat import price stood at $8,830 per ton in June 2023, increasing by 2.8% against the previous month. Overall, the import price, however, recorded a slight contraction. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 8.4% month-to-month. The import price peaked at $10,832 per ton in July 2022; however, from August 2022 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Australia ($9,364 per ton), while the price for Ireland ($4,831 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by New Zealand (-0.7%), while the prices for the other major suppliers experienced a decline.
Price for Lamb and Sheep Meat in Canada (FOB) - 2022
The average lamb and sheep meat export price stood at $15,158 per ton in 2022, with an increase of 76% against the previous year. Overall, the export price saw prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 99%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($20,018 per ton), while the average price for exports to the United Arab Emirates ($3,255 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+19.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Lamb and Sheep Meat in Canada
In 2022, approx. 28K tons of lamb and sheep meat were imported into Canada; increasing by 24% against the previous year. The total import volume increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, lamb and sheep meat imports surged to $267M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Lamb and Sheep Meat in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 83.5 | 89.3 | 106 | 140 | 18.8% |
| New Zealand | 74.1 | 69.1 | 79.6 | 101 | 10.9% |
| Ireland | 7.8 | 8.7 | 7.0 | 11.7 | 14.5% |
| United Kingdom | 1.4 | 2.6 | 2.7 | 7.5 | 75.0% |
| Uruguay | 3.8 | 4.5 | 3.9 | 5.4 | 12.4% |
| Others | 0.8 | 0.7 | 1.0 | 1.2 | 14.5% |
| Total | 171 | 175 | 200 | 267 | 16.0% |
Top Suppliers of Lamb and Sheep Meat to Canada in 2022:
- Australia (13.9K tons)
- New Zealand (11.1K tons)
- Ireland (1.7K tons)
- United Kingdom (1.1K tons)
- Uruguay (0.5K tons)
Exports of Lamb and Sheep Meat in Canada
In 2022, approx. 78 tons of lamb and sheep meat were exported from Canada; shrinking by -48.1% compared with the year before. Overall, exports showed a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. As a result, the exports attained the peak of 150 tons, and then contracted sharply in the following year.
In value terms, lamb and sheep meat exports reduced to $1.2M in 2022. The total export value increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. As a result, the exports attained the peak of $1.3M, and then dropped in the following year.
| Export of Lamb and Sheep Meat in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 654 | 776 | 784 | 1,078 | 18.1% |
| Saint Pierre and Miquelon | 25.1 | 57.5 | 40.9 | 51.2 | 26.8% |
| United Arab Emirates | 299 | 132 | 181 | 35.7 | -50.8% |
| Qatar | N/A | N/A | N/A | 9.0 | 0% |
| Hong Kong SAR | N/A | 32.8 | N/A | N/A | 0% |
| New Zealand | N/A | N/A | 118 | N/A | 0% |
| Bahamas | N/A | N/A | 144 | N/A | 0% |
| Australia | 79.0 | N/A | N/A | N/A | 0% |
| Others | 28.2 | 20.3 | 22.0 | 4.3 | -46.6% |
| Total | 1,086 | 1,018 | 1,290 | 1,178 | 2.7% |
Top Export Markets for Lamb and Sheep Meat from Canada in 2022:
- United States (53.8 tons)
- United Arab Emirates (11.0 tons)
- Saint Pierre and Miquelon (10.2 tons)
- Qatar (1.8 tons)
This report provides an in-depth analysis of the market for lamb and sheep meat in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 977 - Meat of sheep
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
1273
This report provides an in-depth analysis of the market for lamb and sheep meat in Canada.
1417
This report provides an in-depth analysis of the goat meat market in Canada.
316
This report provides an in-depth analysis of the frozen lamb carcase market in Canada.
275
This report provides an in-depth analysis of the fresh lamb carcase market in Canada.
783
This report provides an in-depth analysis of the market for sheep and goat meat in Canada.
4008
This report provides an in-depth analysis of the global market for lamb and sheep meat.
9807
This report provides an in-depth analysis of the global goat meat market.
504
Global Frozen Lamb Carcase Market Report 2018. This report provides an in-depth analysis of the global frozen lamb carcase market.
418
Global Fresh Lamb Carcase Market Report 2018. This report provides an in-depth analysis of the global fresh lamb carcase market.
2777
This report provides an in-depth analysis of the global market for sheep and goat meat.
484
In February 2023, the lamb and sheep meat price amounted to $8,204 per ton (CIF, Canada), picking up by 2.7% against the previous month.
597
In February 2023, the goat meat price stood at $6,457 per ton (CIF, Canada), which is down by -2.9% against the previous month.
513
Explore the top import markets for lamb and sheep meat and discover key statistics and numbers. China, the United States, France, Germany, and more are highlighted as major players in this thriving global market.
15841
Global lamb and sheep meat consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
2340
In 2015, the country with the largest volume of the lamb and sheep meat output was China (X thousand tons), accounting for X% of global production.
1393
New Zealand continued its dominance in the global lamb and sheep meat trade. In 2014, New Zealand exported X thousand tons of lamb and sheep meat totaling X million USD, X% over the previous year. Its primary trading partner was China, where i
7120
Global goat meat consumption amounted to X thousand tons in 2015, leveling off at the previous year level.
4704
Global goat meat market production was estimated at X thousand tons in 2015, which was X thousand tons more than in 2014. There was an annual increase of +X% in physical terms and +X% in value terms for the period from 2007 to 2015. In v
2371
From 2007 to 2015, exports on the global goat meat market decreased to X million USD. In physical terms, they stood at X thousand tons in 2015, X thousand tons down on the previous year.
7118
In 2015, the value of total imports on the global goat meat market stood at X million USD. In physical terms, the total volume of goat meat decreased to X thousand tons in 2015, X thousand tons (X%) less than the previous year.
