Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in China - 2023

Contents:

  1. Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in China (CIF) - 2022
  2. Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in China

Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in China (CIF) - 2022

The average import price for fresh or chilled sheep (including lamb) boneless cutses stood at $15,650 per ton in 2022, increasing by 27% against the previous year. Overall, the import price, however, saw a deep reduction. The growth pace was the most rapid in 2018 when the average import price increased by 34% against the previous year. The import price peaked at $26,575 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 New Zealand.

From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to -1.4% per year.

Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in China

After three years of growth, purchases abroad of fresh or chilled sheep (including lamb) boneless cutses decreased by -49.8% to 133 tons in 2022. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 202%. As a result, imports reached the peak of 265 tons, and then dropped significantly in the following year.

In value terms, imports of fresh or chilled sheep (including lamb) boneless cutses declined dramatically to $2.1M in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 285%. As a result, imports attained the peak of $3.3M, and then contracted dramatically in the following year.

Import of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand0.10.73.32.1175.9%
Australia0.40.1N/AN/A-75.0%
OthersN/AN/AN/AN/A0%
Total0.50.93.32.161.3%

Top Suppliers of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts to China in 2022:

  1. New Zealand (133.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fresh or chilled sheep (including lamb) boneless cuts - China