Price for Frozen Sheep (Including Lamb) Boneless Cuts in Bangladesh - 2022

Contents:

  1. Price for Frozen Sheep (Including Lamb) Boneless Cuts in Bangladesh (CIF) - 2022
  2. Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Bangladesh

Price for Frozen Sheep (Including Lamb) Boneless Cuts in Bangladesh (CIF) - 2022

In 2022, the average import price for frozen sheep (including lamb) boneless cutses amounted to $11,356 per ton, with an increase of 1.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2021 an increase of 28% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +5.9% per year.

Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Bangladesh

For the third year in a row, Bangladesh recorded decline in supplies from abroad of frozen sheep (including lamb) boneless cutses, which decreased by 0% to 2.1 tons in 2022. Over the period under review, imports recorded a abrupt descent. The smallest decline of -21.7% was in 2021.

In value terms, imports of frozen sheep (including lamb) boneless cutses expanded modestly to $24K in 2022. In general, imports saw a drastic downturn.

Import of Frozen Sheep (Including Lamb) Boneless Cuts in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SingaporeN/AN/AN/A16.60%
Australia2.67.93.2N/A10.9%
Malaysia27.114.519.2N/A-15.8%
Others1.30.70.87.075.3%
Total31.023.223.123.6-8.7%

Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to Bangladesh in 2022:

  1. Singapore (1.9 tons)

Source: IndexBox Market Intelligence Platform

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