Price for Frozen Lamb Carcasses and Half-Carcasses in the Philippines - 2023
Contents:
- Price for Frozen Lamb Carcasses and Half-Carcasses in the Philippines (CIF) - 2022
- Imports of Frozen Lamb Carcasses and Half-Carcasses in the Philippines
Price for Frozen Lamb Carcasses and Half-Carcasses in the Philippines (CIF) - 2022
In 2022, the average import price for frozen lamb carcasses and half-carcasseses amounted to $12,313 per ton, surging by 44% against the previous year. In general, the import price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 an increase of 79% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +33.9% per year.
Imports of Frozen Lamb Carcasses and Half-Carcasses in the Philippines
After two years of decline, supplies from abroad of frozen lamb carcasses and half-carcasseses increased by 72% to 1.4 tons in 2022. In general, imports, however, continue to indicate a significant curtailment.
In value terms, frozen lamb carcasses and half-carcasses imports soared to $17K in 2022. Overall, imports, however, showed a sharp curtailment.
Import of Frozen Lamb Carcasses and Half-Carcasses in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 285 | 42.4 | 7.1 | 17.5 | -60.5% |
Ireland | 3.4 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 288 | 42.4 | 7.1 | 17.5 | -60.7% |
Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to the Philippines in 2022:
- Australia (1.4 tons)
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