Price for Frozen Sheep (Including Lamb) Boneless Cuts in India - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in India (FOB) - 2022
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in India (CIF) - 2022
- Exports of Frozen Sheep (Including Lamb) Boneless Cuts in India
- Imports of Frozen Sheep (Including Lamb) Boneless Cuts in India
Price for Frozen Sheep (Including Lamb) Boneless Cuts in India (FOB) - 2022
The average export price for frozen sheep (including lamb) boneless cutses stood at $1,884 per ton in 2022, dropping by -31.8% against the previous year. Overall, the export price recorded a noticeable setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 166% against the previous year. Over the period under review, the average export prices attained the maximum at $4,740 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($4,279 per ton), while the average price for exports to Qatar ($1,498 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 Oman (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Frozen Sheep (Including Lamb) Boneless Cuts in India (CIF) - 2022
The average import price for frozen sheep (including lamb) boneless cutses stood at $6,576 per ton in 2022, waning by -50.3% against the previous year. In general, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2021 an increase of 93% against the previous year. Over the period under review, average import prices hit record highs at $13,979 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($15,165 per ton), while the price for Australia totaled $11,113 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+2.5%), while the prices for the other major suppliers experienced a decline.
Exports of Frozen Sheep (Including Lamb) Boneless Cuts in India
In 2022, the amount of frozen sheep (including lamb) boneless cutses exported from India soared to 234 tons, jumping by 107% against the previous year. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 1,304%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of frozen sheep (including lamb) boneless cutses soared to $442K in 2022. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 834%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Frozen Sheep (Including Lamb) Boneless Cuts in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 4.1 | N/A | 86.8 | 324 | 329.1% |
| Qatar | N/A | N/A | N/A | 85.4 | 0% |
| Maldives | N/A | 37.9 | 225 | 32.0 | -8.1% |
| Others | N/A | 0.3 | N/A | N/A | 0% |
| Total | 4.1 | 38.2 | 312 | 442 | 375.9% |
Top Export Markets for Frozen Sheep (Including Lamb) Boneless Cuts from India in 2022:
- United Arab Emirates (170.0 tons)
- Qatar (57.0 tons)
- Maldives (7.5 tons)
Imports of Frozen Sheep (Including Lamb) Boneless Cuts in India
In 2022, purchases abroad of frozen sheep (including lamb) boneless cutses was finally on the rise to reach 25 tons after two years of decline. Overall, imports, however, saw a noticeable reduction.
In value terms, imports of frozen sheep (including lamb) boneless cutses soared to $165K in 2022. Over the period under review, imports, however, recorded a deep reduction.
| Import of Frozen Sheep (Including Lamb) Boneless Cuts in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 233 | 101 | 19.5 | 142 | -15.2% |
| Australia | 84.8 | 24.7 | 3.1 | 23.2 | -35.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 318 | 126 | 22.6 | 165 | -19.6% |
Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to India in 2022:
- New Zealand (9.3 tons)
- Australia (2.1 tons)
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