Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in the United States - 2023

Contents:

1. Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in the United States (CIF) - 2022
2. Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in the United States (FOB) - 2022
3. Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in the United States
4. Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in the United States

Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in the United States (CIF) - 2022

In 2022, the average import price for fresh or chilled lamb carcasses and half-carcasseses amounted to $5,572 per ton, jumping by 43% against the previous year. Overall, the import price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2017 an increase of 90%. The import price peaked at $10,583 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($7,640 per ton), while the price for Mexico ($4,945 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in the United States (FOB) - 2022

The average export price for fresh or chilled lamb carcasses and half-carcasseses stood at $3,113 per ton in 2022, rising by 11% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fresh or chilled lamb carcasses and half-carcasseses increased by +35.8% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of 32% against the previous year. As a result, the export price attained the peak level of $4,092 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($3,453 per ton), while the average price for exports to Saint Lucia ($1,891 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 Mexico (+5.2%), while the prices for the other major destinations experienced a decline.

Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in the United States

In 2022, imports of fresh or chilled lamb carcasses and half-carcasseses into the United States skyrocketed to 446 tons, with an increase of 101% against the previous year. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 127%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of fresh or chilled lamb carcasses and half-carcasseses soared to $2.5M in 2022. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Fresh or Chilled Lamb Carcasses and Half-Carcasses to the United States in 2022:

1. Chile (309.8 tons)
2. Mexico (57.8 tons)
3. Australia (54.4 tons)
4. New Zealand (24.4 tons)

Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in the United States

In 2022, exports of fresh or chilled lamb carcasses and half-carcasseses from the United States expanded markedly to 224 tons, surging by 9.4% against the previous year's figure. Overall, exports, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2020 with an increase of 9.9%. As a result, the exports attained the peak of 262 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of fresh or chilled lamb carcasses and half-carcasseses surged to $697K in 2022. The total export value increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Fresh or Chilled Lamb Carcasses and Half-Carcasses from the United States in 2022:

1. Mexico (166.7 tons)
2. Curacao (41.2 tons)
3. Cayman Islands (9.3 tons)
4. Saint Lucia (4.5 tons)

Source: IndexBox Market Intelligence Platform