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

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

Lamb and Sheep Meat - Top Importers

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

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

Source: IndexBox Market Intelligence Platform