Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Brazil - 2024

Contents:

  1. Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Brazil (FOB) - 2022
  2. Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Brazil (CIF) - 2022
  3. Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Brazil
  4. Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Brazil

Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Brazil (FOB) - 2022

The average export price for frozen sheep (excluding lamb) carcasses and half-carcasseses stood at $6,410 per ton in 2022, with a decrease of -9.1% against the previous year. In general, the export price, however, continues to indicate a tangible expansion. The growth pace was the most rapid in 2020 an increase of 56%. Over the period under review, the average export prices attained the peak figure at $7,451 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bahamas ($10,677 per ton), while the average price for exports to Hong Kong SAR ($3,697 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malta (+44.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Brazil (CIF) - 2022

In 2022, the average import price for frozen sheep (excluding lamb) carcasses and half-carcasseses amounted to $5,209 per ton, remaining relatively unchanged against the previous year. Overall, the import price posted tangible growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 10%. Over the period under review, average import prices hit record highs at $5,209 per ton in 2020; afterwards, it flattened through to 2022.

As there is only one major supplying country, the average price level is determined by prices for Uruguay.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +4.7% per year.

Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Brazil

After two years of decline, overseas shipments of frozen sheep (excluding lamb) carcasses and half-carcasseses increased by 31% to 600 kg in 2022. Over the period under review, exports, however, continue to indicate a dramatic contraction.

In value terms, exports of frozen sheep (excluding lamb) carcasses and half-carcasseses skyrocketed to $3.8K in 2022. In general, exports, however, saw a dramatic descent.

Export of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Brazil (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama73278.014.01,03012.1%
Malta2,2531,14732.0768-30.1%
Liberia45826327.0372-6.7%
Marshall Islands43386153.0357-6.2%
ChinaN/AN/A9.03353622.2%
BahamasN/A30134.03314.9%
SingaporeN/AN/AN/A2800%
Hong Kong SARN/A247N/A244-0.6%
Argentina1,490N/AN/AN/A0%
France279N/AN/AN/A0%
Japan938398N/AN/A-57.6%
OmanN/AN/A3,061N/A0%
BelizeN/A451N/AN/A0%
Others940558N/A129-48.4%
Total7,5234,3043,2303,846-20.0%

Top Export Markets for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Brazil in 2022:

  1. Panama (181.0 kg)
  2. Malta (80.0 kg)
  3. Singapore (68.0 kg)
  4. Marshall Islands (66.0 kg)
  5. Hong Kong SAR (66.0 kg)
  6. China (60.0 kg)
  7. Liberia (35.0 kg)
  8. Bahamas (31.0 kg)

Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Brazil

In 2022, overseas purchases of frozen sheep (excluding lamb) carcasses and half-carcasseses decreased by 0% to 4 tons, falling for the second year in a row after two years of growth. Overall, imports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 14%. As a result, imports reached the peak of 7.9 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of frozen sheep (excluding lamb) carcasses and half-carcasseses totaled $21K in 2022. In general, imports saw a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 18%. As a result, imports attained the peak of $41K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay35.141.2N/A20.6-16.3%
OthersN/AN/AN/AN/A0%
Total35.141.2N/A20.6-16.3%

Top Suppliers of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Brazil in 2022:

  1. Uruguay (4.0 tons)

Source: IndexBox Market Intelligence Platform

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