Price for Frozen Sheep (Including Lamb) Boneless Cuts in Chile - 2024

Contents:

  1. Price for Frozen Sheep (Including Lamb) Boneless Cuts in Chile (FOB) - 2024
  2. Price for Frozen Sheep (Including Lamb) Boneless Cuts in Chile (CIF) - 2022
  3. Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Chile
  4. Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Chile

Price for Frozen Sheep (Including Lamb) Boneless Cuts in Chile (FOB) - 2024

The average export price for frozen sheep (including lamb) boneless cutses stood at $5,017 per ton in January 2024, surging by 4.7% against the previous month. In general, the export price, however, continues to indicate a abrupt curtailment. The export price peaked at $7,020 per ton in October 2023; however, from November 2023 to January 2024, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In January 2024, the country with the highest price was Brazil ($9,500 per ton), while the average price for exports to China ($1,072 per ton) was amongst the lowest.

From October 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to France (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for frozen sheep (including lamb) boneless cutses amounted to $22,478 per ton, declining by -1.8% against the previous year. In general, the import price, however, posted a strong expansion. Over the period under review, average import prices attained the peak figure at $22,883 per ton in 2021, and then contracted slightly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($12,922 per ton), while the price for the Netherlands amounted to $9,356 per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.0%).

Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Chile

In 2022, approx. 523 tons of frozen sheep (including lamb) boneless cutses were exported from Chile; growing by 9.5% against 2021. Over the period under review, exports, however, saw a noticeable downturn. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. As a result, the exports reached the peak of 706 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of frozen sheep (including lamb) boneless cutses skyrocketed to $5.5M in 2022. The total export value increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 37%. As a result, the exports reached the peak of $5.5M; afterwards, it flattened through to 2022.

Export of Frozen Sheep (Including Lamb) Boneless Cuts in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4806204711,24337.3%
Netherlands2441547461,16668.4%
Denmark26987969097353.5%
Brazil723838518448-14.7%
China846450190443-19.4%
France237363N/A34813.7%
United Kingdom6051,320739299-20.9%
Belgium259615159106-25.8%
United States22415763291.1-25.9%
Others14814312133731.6%
Total4,0345,5394,2655,45310.6%

Top Export Markets for Frozen Sheep (Including Lamb) Boneless Cuts from Chile in 2022:

  1. Netherlands (112.4 tons)
  2. Germany (98.9 tons)
  3. Denmark (84.4 tons)
  4. China (77.1 tons)
  5. Brazil (41.1 tons)
  6. United Kingdom (30.2 tons)
  7. France (27.8 tons)
  8. United States (11.0 tons)
  9. Belgium (9.3 tons)

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

In 2022, after two years of decline, there was significant decline in overseas purchases of frozen sheep (including lamb) boneless cutses, when their volume decreased by -55% to 194 kg. Overall, imports showed a precipitous setback.

In value terms, imports of frozen sheep (including lamb) boneless cutses fell sharply to $4.4K in 2022. Over the period under review, imports continue to indicate a dramatic slump.

Import of Frozen Sheep (Including Lamb) Boneless Cuts in Chile (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Netherlands1.17.9618.2%
Germany25.15.1-79.7%
Others-16.2-8.7-46.3%
Total9.94.4-55.6%

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

  1. Netherlands (846.0 kg)
  2. Germany (398.0 kg)

Source: IndexBox Market Intelligence Platform

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