Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Uruguay - 2022
Contents:
- Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Uruguay (FOB) - 2022
- Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Uruguay
Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Uruguay (FOB) - 2022
The average export price for frozen sheep (excluding lamb) carcasses and half-carcasseses stood at $4,149 per ton in 2022, declining by -21.7% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 18%. The export price peaked at $5,298 per ton in 2021, and then reduced sharply in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($6,225 per ton), while the average price for exports to China ($3,828 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 Bahrain (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Uruguay
In 2022, overseas shipments of frozen sheep (excluding lamb) carcasses and half-carcasseses decreased by -43% to 1.9K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a perceptible increase. The growth pace was the most rapid in 2021 with an increase of 71% against the previous year. As a result, the exports attained the peak of 3.4K tons, and then contracted significantly in the following year.
In value terms, exports of frozen sheep (excluding lamb) carcasses and half-carcasseses fell remarkably to $8M in 2022. Overall, exports, however, enjoyed slight growth. The growth pace was the most rapid in 2021 when exports increased by 99%. As a result, the exports reached the peak of $18M, and then declined rapidly in the following year.
Export of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Uruguay (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 6.3 | 6.7 | 15.9 | 3.6 | -17.0% |
Oman | 0.5 | 0.4 | N/A | 1.8 | 53.3% |
United States | 0.8 | 1.3 | 1.9 | 1.4 | 20.5% |
Bahrain | N/A | 0.3 | N/A | 0.6 | 41.4% |
Kuwait | N/A | 0.1 | N/A | 0.6 | 144.9% |
Others | 0.1 | 0.2 | N/A | 0.1 | 0.0% |
Total | 7.7 | 9.0 | 17.8 | 8.0 | 1.3% |
Top Export Markets for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Uruguay in 2022:
- China (936.3 tons)
- Oman (449.2 tons)
- United States (224.9 tons)
- Kuwait (146.8 tons)
- Bahrain (144.8 tons)
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