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

Contents:

  1. Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Russia (CIF) - 2022
  2. Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Russia (FOB) - 2022
  3. Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Russia
  4. Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Russia

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

In 2022, the average import price for fresh or chilled sheep (including lamb) boneless cutses amounted to $16,919 per ton, jumping by 162% against the previous year. In general, the import price saw moderate growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($20,767 per ton), while the price for New Zealand stood at $16,429 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Russia (FOB) - 2022

The average export price for fresh or chilled sheep (including lamb) boneless cutses stood at $4,054 per ton in 2020, picking up by 7.4% against the previous year. Overall, the export price, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2018 an increase of 226% against the previous year. As a result, the export price reached the peak level of $26,892 per ton. From 2019 to 2020, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2020, the rate of growth in terms of prices for Belarus amounted to +12.1% per year.

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

For the third year in a row, Russia recorded decline in overseas purchases of fresh or chilled sheep (including lamb) boneless cutses, which decreased by -97.9% to 381 kg in 2022. Overall, imports recorded a significant contraction. The smallest decline of -63% was in 2021.

In value terms, imports of fresh or chilled sheep (including lamb) boneless cutses contracted remarkably to $6.4K in 2022. In general, imports showed a sharp setback. The smallest decline of -30% was in 2021.

Import of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand50.636.960.65.6-52.0%
AustraliaN/A4.814.70.9-56.7%
Kazakhstan77912828.2N/A-81.0%
Others0.2N/A15.1N/A768.9%
Total8301691196.4-80.2%

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

  1. New Zealand (338.0 kg)
  2. Australia (43.0 kg)

Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Russia

Exports of fresh or chilled sheep (including lamb) boneless cutses from Russia skyrocketed to 2.5 tons in 2020, rising by 347% compared with the previous year's figure. In general, exports showed a significant expansion. 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 sheep (including lamb) boneless cutses surged to $10K in 2020. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Russia (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
United Arab Emirates2.110.1381.0%
OthersN/AN/A0%
Total2.110.1381.0%

Top Export Markets for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts from Russia in 2022:

  1. United Arab Emirates (2.5 tons)

Source: IndexBox Market Intelligence Platform

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