Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in India - 2023
Contents:
- Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in India (FOB) - 2023
- Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in India (CIF) - 2022
- Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in India
- Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in India
Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in India (FOB) - 2023
The average export price for fresh or chilled lamb carcasses and half-carcasseses stood at $7,097 per ton in November 2023, shrinking by -1.9% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 4.5% month-to-month. As a result, the export price attained the peak level of $7,559 per ton. From April 2023 to November 2023, the the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In November 2023, the countries with the highest prices were Qatar ($7,508 per ton) and Kuwait ($7,466 per ton), while the average price for exports to Oman ($6,830 per ton) and the United Arab Emirates ($6,902 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+0.5%), while the prices for the other major destinations experienced a decline.
Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in India (CIF) - 2022
In 2022, the average import price for fresh or chilled lamb carcasses and half-carcasseses amounted to $6,537 per ton, waning by -16.7% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 19% against the previous year. The import price peaked at $59,240 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($7,979 per ton), while the price for Tanzania totaled $5,894 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-8.0%).
Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in India
In 2022, exports of fresh or chilled lamb carcasses and half-carcasseses from India soared to 1.6K tons, jumping by 5,248% against the previous year. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fresh or chilled lamb carcasses and half-carcasseses soared to $11M in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fresh or Chilled Lamb Carcasses and Half-Carcasses in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 55.8 | 24.6 | 122 | 7,236 | 406.2% |
| Kuwait | N/A | N/A | N/A | 1,942 | 0% |
| Qatar | 25.9 | N/A | N/A | 1,469 | 284.2% |
| Bahrain | N/A | N/A | N/A | 359 | 0% |
| Saudi Arabia | N/A | 178 | N/A | 197 | 5.2% |
| Maldives | 159 | N/A | N/A | 10.5 | -59.6% |
| Others | 3.8 | 20.6 | N/A | 40.6 | 120.2% |
| Total | 245 | 223 | 122 | 11,255 | 258.1% |
Top Export Markets for Fresh or Chilled Lamb Carcasses and Half-Carcasses from India in 2022:
- United Arab Emirates (1021.6 tons)
- Kuwait (268.9 tons)
- Qatar (194.0 tons)
- Bahrain (48.7 tons)
- Saudi Arabia (31.9 tons)
- Maldives (1.9 tons)
Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in India
Imports of fresh or chilled lamb carcasses and half-carcasseses into India surged to 35 tons in 2022, rising by 19,645% on the previous year's figure. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fresh or chilled lamb carcasses and half-carcasseses surged to $228K in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fresh or Chilled Lamb Carcasses and Half-Carcasses in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | N/A | N/A | N/A | 143 | 0% |
| United Arab Emirates | 38.4 | N/A | N/A | 85.4 | 30.5% |
| Others | 0.3 | 0.6 | 1.4 | 0.5 | 18.6% |
| Total | 38.6 | 0.6 | 1.4 | 228 | 80.8% |
Top Suppliers of Fresh or Chilled Lamb Carcasses and Half-Carcasses to India in 2022:
- Tanzania (24.2 tons)
- United Arab Emirates (10.7 tons)
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