Price for Frozen Lamb Carcasses and Half-Carcasses in Chile - 2023
Contents:
- Price for Frozen Lamb Carcasses and Half-Carcasses in Chile (FOB) - 2022
- Price for Frozen Lamb Carcasses and Half-Carcasses in Chile (CIF) - 2022
- Exports of Frozen Lamb Carcasses and Half-Carcasses in Chile
- Imports of Frozen Lamb Carcasses and Half-Carcasses in Chile
Price for Frozen Lamb Carcasses and Half-Carcasses in Chile (FOB) - 2022
The average export price for frozen lamb carcasses and half-carcasseses stood at $7,052 per ton in 2022, rising by 11% against the previous year. In general, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen lamb carcasses and half-carcasses export price increased by +84.5% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 36%. The export price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Japan ($8,150 per ton) and Spain ($7,633 per ton), while the average price for exports to China ($6,071 per ton) and Denmark ($6,764 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Frozen Lamb Carcasses and Half-Carcasses in Chile (CIF) - 2022
The average import price for frozen lamb carcasses and half-carcasseses stood at $6,939 per ton in 2022, growing by 3.5% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 56%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Argentina.
From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +0.1% per year.
Exports of Frozen Lamb Carcasses and Half-Carcasses in Chile
After three years of growth, shipments abroad of frozen lamb carcasses and half-carcasseses decreased by -9.2% to 1.3K tons in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 62%. As a result, the exports reached the peak of 1.5K tons, and then dropped in the following year.
In value terms, frozen lamb carcasses and half-carcasses exports reached $9.3M in 2022. In general, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 73% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Frozen Lamb Carcasses and Half-Carcasses in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,008 | 1,814 | 2,593 | 5,250 | 73.3% |
| China | 1,003 | 1,165 | 2,732 | 2,350 | 32.8% |
| Japan | N/A | N/A | 59.0 | 415 | 603.4% |
| France | 36.2 | 3.0 | 130 | 404 | 123.5% |
| Denmark | 3.1 | 10.7 | 106 | 296 | 357.1% |
| Belgium | 110 | 126 | 148 | 249 | 31.3% |
| Spain | 93.8 | 74.6 | 12.4 | 157 | 18.7% |
| Italy | 1,317 | 1,747 | 2,372 | N/A | 34.2% |
| Others | 471 | 380 | 1,073 | 205 | -24.2% |
| Total | 4,041 | 5,321 | 9,226 | 9,326 | 32.2% |
Top Export Markets for Frozen Lamb Carcasses and Half-Carcasses from Chile in 2022:
- United States (703.1 tons)
- China (387.1 tons)
- France (55.6 tons)
- Japan (50.9 tons)
- Denmark (43.8 tons)
- Belgium (32.6 tons)
- Spain (20.5 tons)
Imports of Frozen Lamb Carcasses and Half-Carcasses in Chile
For the third year in a row, Chile recorded decline in overseas purchases of frozen lamb carcasses and half-carcasseses, which decreased by -7.4% to 20 tons in 2022. In general, imports saw a abrupt decrease. The smallest decline of -3.8% was in 2021.
In value terms, frozen lamb carcasses and half-carcasses imports fell modestly to $139K in 2022. Over the period under review, imports continue to indicate a pronounced descent. The smallest decline of -2.1% was in 2020.
| Import of Frozen Lamb Carcasses and Half-Carcasses in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 147 | 144 | 142 | 139 | -1.8% |
| United States | 3.5 | 3.0 | 2.7 | N/A | -12.2% |
| Others | 1.0 | 0.7 | 0.7 | N/A | -16.3% |
| Total | 151 | 148 | 145 | 139 | -2.7% |
Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to Chile in 2022:
- Argentina (20.0 tons)
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