Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Vietnam - 2022
Contents:
- Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Vietnam (CIF) - 2022
- Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Vietnam
Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Vietnam (CIF) - 2022
The average import price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses stood at $3,518 per ton in 2022, surging by 29% against the previous year. In general, the import price, however, showed a slight downturn. The growth pace was the most rapid in 2018 when the average import price increased by 94% against the previous year. The import price peaked at $4,098 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -8.7% per year.
Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Vietnam
For the third consecutive year, Vietnam recorded decline in overseas purchases of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses, which decreased by -6.8% to 91 tons in 2022. Over the period under review, imports showed a abrupt setback. The smallest decline of -6.8% was in 2021.
In value terms, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses skyrocketed to $320K in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 185 | 185 | 185 | 185 | 0.0% |
| Others | N/A | 37.0 | 81.4 | 135 | 91.0% |
| Total | 185 | 222 | 266 | 320 | 20.0% |
Top Suppliers of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Vietnam in 2022:
- Australia (112.3 tons)
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