Price for Frozen Lamb Carcasses and Half-Carcasses in Oman - 2021

Contents:

  1. Price for Frozen Lamb Carcasses and Half-Carcasses in Oman (CIF) - 2022
  2. Imports of Frozen Lamb Carcasses and Half-Carcasses in Oman

Price for Frozen Lamb Carcasses and Half-Carcasses in Oman (CIF) - 2022

The average import price for frozen lamb carcasses and half-carcasseses stood at $3,611 per ton in 2022, surging by 1.8% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 26%. As a result, import price attained the peak level of $4,825 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($6,735 per ton), while the price for the United Arab Emirates ($919 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cyprus (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Frozen Lamb Carcasses and Half-Carcasses in Oman

In 2022, after three years of growth, there was significant decline in supplies from abroad of frozen lamb carcasses and half-carcasseses, when their volume decreased by -11.4% to 588 tons. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +14.6% 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 +50.4% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 45%.

In value terms, frozen lamb carcasses and half-carcasses imports declined to $2.1M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 38% against the previous year.

Import of Frozen Lamb Carcasses and Half-Carcasses in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay17279.546779566.6%
Argentina231258221227-0.6%
Singapore47.753.016218757.7%
Moldova60.152.819317643.1%
CyprusN/AN/A15317212.4%
Ukraine55.552.875.368.87.4%
ItalyN/AN/A76.062.2-18.2%
Spain18718113461.7-30.9%
New Zealand74.250.012.135.3-21.9%
United Arab Emirates80.296.136.115.9-41.7%
Qatar64.5N/AN/AN/A0%
Romania100N/AN/AN/A0%
Others3021,0708263232.3%
Total1,3761,8932,3562,12415.6%

Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to Oman in 2022:

  1. Uruguay (212.3 tons)
  2. Argentina (73.0 tons)
  3. Moldova (52.9 tons)
  4. Singapore (47.5 tons)
  5. Cyprus (44.6 tons)
  6. Ukraine (22.2 tons)
  7. United Arab Emirates (17.3 tons)
  8. Spain (16.8 tons)
  9. Italy (14.5 tons)
  10. New Zealand (5.2 tons)

Source: IndexBox Market Intelligence Platform

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