Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Korea - 2022
Contents:
- Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Korea (CIF) - 2022
- Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Korea
Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Korea (CIF) - 2022
In 2022, the average import price for frozen sheep (excluding lamb) carcasses and half-carcasseses amounted to $4,769 per ton, growing by 9% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2019 an increase of 15% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($6,833 per ton) and New Zealand ($6,750 per ton), while the price for Italy ($6,063 per ton) and Australia ($6,500 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Korea
In 2022, after two years of decline, there was significant growth in purchases abroad of frozen sheep (excluding lamb) carcasses and half-carcasseses, when their volume increased by 268% to 14 tons. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of frozen sheep (excluding lamb) carcasses and half-carcasseses skyrocketed to $69K in 2022. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Korea (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Netherlands | 78.0 | N/A | 205 | 62.1% | |
Italy | 1,368 | N/A | 194 | -62.3% | |
Australia | 73.0 | N/A | 39.0 | -26.9% | |
New Zealand | 131 | N/A | 27.0 | -54.6% | |
Others | 20,119 | 17,225 | 68,667 | 84.7% | |
Total | 21,769 | 17,225 | 69,132 | 78.2% |
Top Suppliers of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses to South Korea in 2022:
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