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Lamb and Sheep Meat Market

Lamb and sheep meat market: get newly released data enhanced by an Ai-driven market research tool. Statistics cover exports, market size, trade, imports, companies, consumption, production, and market prices. There is a breakdown by region, including Latin America, the Middle East, the U.S., the U.K., China, EU, Africa, and Russia. Market dynamics and outlook to 2030 are also provided in the dashboards.


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Lamb and Sheep Meat - World's Largest Markets

RatingCountry
1China
2Algeria
3Iran
4Sudan
5Pakistan

In value terms, China led the market, alone. The second position in the ranking was occupied by Algeria. It was followed by Iran.

From 2019 to 2021, the average annual growth rate of value in China stood at -10.5%. In the other countries, the average annual rates were as follows: Algeria (+3.2% per year) and Iran (+13.9% per year).

Lamb and Sheep Meat Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
New Zealand658663182150-42.9%
Uruguay569952214377-12.4%
Spain51335428631010.9%
Australia5747584969199.7%
France64796896843214.1%
Ireland64496895861015.5%
Netherlands85348707102239.4%
Average606862055924-1.2%

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($10,223 per ton), while New Zealand ($2,150 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Ireland, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Germany90938933101335.6%
Belgium9367911599212.9%
Netherlands9229931797392.7%
France59936635831017.8%
South Korea7542777076570.8%
Italy59596382738511.3%
Jordan642363456384-0.3%
United Arab Emirates6284637963270.3%
Taiwan (Chinese)5557588757251.5%
Saudi Arabia578555855641-1.3%
Malaysia5217548253661.4%
China4740477647580.2%
Canada750374811673-52.8%
Average610062285923-1.5%

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Germany ($10,133 per ton), while Canada ($1,673 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced more modest paces of growth.

Lamb and Sheep Meat - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
China1.81.71.8-1.8%
France0.50.50.826.8%
Germany0.40.40.3-10.0%
United Arab Emirates0.30.20.2-3.9%
Netherlands0.20.30.2-1.4%

In value terms, China ($1.8B) constitutes the largest market for imported lamb and sheep meat worldwide, comprising 33% of global imports. The second position in the ranking was occupied by France ($842M), with a 16% share of global imports. It was followed by Germany, with a 5.9% share.

From 2019 to 2021, the average annual rate of growth in terms of value in China stood at -1.8%. In the other countries, the average annual rates were as follows: France (+26.8% per year) and Germany (-10.0% per year).

Lamb and Sheep Meat - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
Australia2.82.53.14.6%
New Zealand2.62.50.8-45.5%
Ireland0.30.40.413.1%
France0.060.050.4136.1%
Spain0.20.20.331.2%

Lamb and Sheep Meat - Market Forecast

Driven by rising demand for lamb and sheep meat worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Lamb and Sheep Meat - Top Companies

JBS S/A, Tyson Foods, Inc., Micarna SA, Rudolf Schär AG, Mérat & Cie. AG, Tyson Fresh Meats, Inc., Jbs USA Holdings, LLC, NH FOODS LTD., Smithfield Foods, Inc., Hormel Foods Corporation, Henan Shuanghui Investment and Development Co., Ltd., Jbs USA Food Company, Ernst Sutter AG, SULAI AG, Seaboard Corporation, Marfrig Global Foods S/A., AUSTRALIAN CONSOLIDATED FOOD INVESTMENTS PTY LIMITED, PRIMO MEATS PTY LTD, IMPOSETE PTY LTD, PRIMO RETAIL PTY LTD

Lamb and Sheep Meat - Product Coverage

  • HS 020410 - Meat; of sheep, lamb carcasses and half-carcasses, fresh or chilled
  • HS 020421 - Meat; of sheep, carcasses and half-carcasses (excluding carcasses and half-carcasses of lamb), fresh or chilled
  • HS 020422 - Meat; of sheep (including lamb), cuts with bone in (excluding carcasses and half-carcasses), fresh or chilled
  • HS 020423 - Meat; of sheep (including lamb), boneless cuts, fresh or chilled
  • HS 020430 - Meat; of sheep, lamb carcasses and half-carcasses, frozen
  • HS 020441 - Meat; of sheep, carcasses and half-carcasses (excluding carcasses and half-carcasses of lamb), frozen
  • HS 020442 - Meat; of sheep (including lamb), cuts with bone in (excluding carcasses and half-carcasses), frozen
  • HS 020443 - Meat; of sheep (including lamb), boneless cuts, frozen
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Event
World - Lamb and Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
$499
Jul 6, 2022
1970

This report provides an in-depth analysis of the global market for lamb and sheep meat.

Middle East - Lamb and Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
$499
Jul 6, 2022
683

This report provides an in-depth analysis of the market for lamb and sheep meat in the Middle East.

Africa - Lamb and Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
$499
Jul 6, 2022
434

This report provides an in-depth analysis of the market for lamb and sheep meat in Africa.

Australia and Oceania - Lamb and Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
$499
Jul 6, 2022
336

This report provides an in-depth analysis of the market for lamb and sheep meat in Australia and Oceania.

South-Eastern Asia - Lamb and Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
$499
Jul 6, 2022
295

This report provides an in-depth analysis of the market for lamb and sheep meat in South-Eastern Asia.

Northern America - Lamb and Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
$499
Jul 6, 2022
295

This report provides an in-depth analysis of the market for lamb and sheep meat in Northern America.

Southern Asia - Lamb and Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
$499
Jul 6, 2022
271

This report provides an in-depth analysis of the market for lamb and sheep meat in Southern Asia.

Latin America and the Caribbean - Lamb and Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
$499
Jul 6, 2022
268

This report provides an in-depth analysis of the market for lamb and sheep meat in Latin America and the Caribbean.

Eastern Asia - Lamb and Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
$499
Jul 6, 2022
255

This report provides an in-depth analysis of the market for lamb and sheep meat in Eastern Asia.

Central Asia - Lamb and Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
$499
Jul 6, 2022
192

This report provides an in-depth analysis of the market for lamb and sheep meat in Central Asia.

Category
Geography
Lamb and Sheep Meat Price per Ton May 2022
Jul 14, 2022
92
The lamb and sheep meat price per ton stood at $10,167 (CIF, US) in May 2022, which is down by -12.1% against the previous month.
Brazilian and American Suppliers Enjoy Skyrocketed China's Meat Imports
Nov 8, 2021
342
China's meat imports soared from $14.7B in 2019 to $23.8B in 2020. In physical terms, the purchases skyrocketed from 4.1M tons to 6.8M tons. China’s meat imports continue to grow, increasing by +3% over the first seven months of 2021 against the same period of the previous year. Brazil, Spain and the U.S. became the leading meat suppliers to China and recorded the highest export growth rate among other countries. Pork, beef and sheep meat are the main types of meat supplied into China. Last year, China's purchases of pork spiked twofold. Imports of beef increased by +26% y-o-y, while lamb and sheep meat supplies fell by -7% y-o-y.
Australian Sheep Meat Exporters Struggle with the Pandemic while Shipments from New Zealand Keep Solid
Jul 30, 2021
330
Lamb and sheep meat exports in Asia-Pacific dropped -6.5% to 853K tons in 2020. This was shaped by a tangible contraction in Australian supplies, which was partially offset by rising shipments from New Zealand. Australian lamb exports were hampered by lower demand in China and other destinations affected by the pandemic. China, the U.S. and Malaysia remain key foreign markets for Australian lamb exporters. Suppliers from New Zealand also focus on the Chinese and American markets, with the UK being among the top three destinations.
The Middle Eastern Lamb and Sheep Meat Market to Post Measured Growth
Jun 29, 2020
826
The revenue of the lamb and sheep meat market in the Middle East amounted to $7.4B in 2018, jumping by 8.3% against...
China Leads the Expansion of Lamb and Sheep Meat Market in Asia-Pacific
Jan 21, 2020
451
The revenue of the lamb and sheep meat market in Asia-Pacific amounted to $26B in 2018, increasing by 2.2% against the previous year. The country with the largest volume of lamb and sheep meat consumption was China (2.7M tons), accounting for 73% of
Which Country Consumes the Most Lamb and Sheep Meat in the World?
Feb 9, 2018
11850
Global lamb and sheep meat consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
Which Country Produces the Most Lamb and Sheep Meat in the World?
Oct 30, 2017
1431
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.
Lamb Meat Market - New Zealand’s Exports of Lamb & Sheep Meat Increased by 11% in 2014
Oct 13, 2015
1107
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