Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Japan - 2023
Contents:
- Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Japan (CIF) - 2023
- Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Japan
Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Japan (CIF) - 2023
The average import price for fresh or chilled sheep (including lamb) boneless cutses stood at $9,079 per ton in November 2023, increasing by 4.5% against the previous month. Over the period under review, the import price, however, saw a perceptible curtailment. Over the period under review, average import prices attained the maximum at $12,386 per ton in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was New Zealand ($9,530 per ton), while the price for Australia stood at $8,910 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by New Zealand (-1.9%).
Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Japan
In 2022, the amount of fresh or chilled sheep (including lamb) boneless cutses imported into Japan reduced to 7.2K tons, with a decrease of -5.4% against the year before. Over the period under review, imports showed a perceptible curtailment. The smallest decline of -2% was in 2020.
In value terms, imports of fresh or chilled sheep (including lamb) boneless cutses totaled $90M in 2022. The total import value increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 13%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 54.0 | 51.4 | 57.3 | 63.0 | 5.3% |
| New Zealand | 23.8 | 25.8 | 30.2 | 26.6 | 3.8% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 78.0 | 77.3 | 87.7 | 89.6 | 4.7% |
Top Suppliers of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts to Japan in 2022:
- Australia (5.0K tons)
- New Zealand (2.2K tons)
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