Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United States - 2023
Contents:
- Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United States (CIF) - 2023
- Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United States (FOB) - 2022
- Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United States
- Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United States
Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United States (CIF) - 2023
The average import price for frozen sheep (excluding lamb) carcasses and half-carcasseses stood at $3,524 per ton in December 2023, therefore, remained relatively stable against the previous month. In general, the import price posted resilient growth. The pace of growth was the most pronounced in March 2023 an increase of 67% month-to-month. Over the period under review, average import prices attained the maximum at $3,594 per ton in October 2023; however, from November 2023 to December 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was New Zealand ($3,527 per ton), while the price for Australia stood at $3,524 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+11.2%).
Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United States (FOB) - 2022
The average export price for frozen sheep (excluding lamb) carcasses and half-carcasseses stood at $1,459 per ton in 2022, which is down by -5.9% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 24%. As a result, the export price reached the peak level of $1,781 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turks and Caicos Islands ($6,494 per ton), while the average price for exports to Saint Lucia ($1,284 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 Turks and Caicos Islands (+4.5%), while the prices for the other major destinations experienced a decline.
Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United States
In 2022, after three years of growth, there was significant decline in supplies from abroad of frozen sheep (excluding lamb) carcasses and half-carcasseses, when their volume decreased by -27.6% to 21K tons. Over the period under review, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 106% against the previous year.
In value terms, imports of frozen sheep (excluding lamb) carcasses and half-carcasseses dropped remarkably to $23M in 2022. Overall, imports saw a perceptible slump. The growth pace was the most rapid in 2020 with an increase of 17%.
| Import of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 24.4 | 27.8 | 30.3 | 20.8 | -5.2% |
| New Zealand | 0.3 | 0.7 | 1.2 | 2.2 | 94.3% |
| Others | N/A | 0.2 | 0.1 | N/A | -50.0% |
| Total | 24.7 | 28.8 | 31.6 | 23.1 | -2.2% |
Top Suppliers of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses to the United States in 2022:
- Australia (18.7K tons)
- New Zealand (2.0K tons)
Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United States
Exports of frozen sheep (excluding lamb) carcasses and half-carcasseses from the United States shrank significantly to 346 tons in 2022, reducing by -25.9% compared with the previous year. Overall, exports saw a precipitous curtailment. The smallest decline of -5.1% was in 2021.
In value terms, exports of frozen sheep (excluding lamb) carcasses and half-carcasseses fell sharply to $505K in 2022. Over the period under review, exports continue to indicate a drastic downturn. The smallest decline of -13.5% was in 2021.
| Export of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cayman Islands | 497 | 712 | 651 | 250 | -20.5% |
| Antigua and Barbuda | N/A | N/A | 30.3 | 76.3 | 151.8% |
| Turks and Caicos Islands | N/A | 2.5 | 11.5 | 64.1 | 406.4% |
| Mexico | 248 | N/A | N/A | 62.2 | -36.9% |
| Saint Lucia | N/A | N/A | 3.2 | 20.2 | 531.2% |
| British Virgin Islands | 69.1 | 26.0 | 9.4 | 16.6 | -37.8% |
| Saint Kitts and Nevis | 89.9 | 32.4 | N/A | 10.8 | -50.7% |
| Dominican Republic | 45.4 | N/A | N/A | N/A | 0% |
| Others | 21.1 | 64.6 | 19.5 | 4.5 | -40.3% |
| Total | 970 | 838 | 725 | 505 | -19.6% |
Top Export Markets for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses from the United States in 2022:
- Cayman Islands (194.9 tons)
- Antigua and Barbuda (59.4 tons)
- Mexico (48.4 tons)
- Saint Lucia (15.8 tons)
- British Virgin Islands (12.9 tons)
- Turks and Caicos Islands (9.9 tons)
- Saint Kitts and Nevis (1.5 tons)
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