Price for Frozen Sheep (Including Lamb) Boneless Cuts in Japan - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Japan (CIF) - 2023
- Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Japan
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Japan (CIF) - 2023
In November 2023, the average import price for frozen sheep (including lamb) boneless cutses amounted to $5,803 per ton, rising by 9.6% against the previous month. Overall, the import price, however, continues to indicate a pronounced decrease. Over the period under review, average import prices attained the peak figure at $10,064 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was New Zealand ($6,541 per ton), while the price for Australia amounted to $5,485 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Australia (-4.8%).
Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Japan
In 2022, supplies from abroad of frozen sheep (including lamb) boneless cutses increased by 19% to 7K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a pronounced reduction.
In value terms, imports of frozen sheep (including lamb) boneless cutses soared to $71M in 2022. The total import value increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Frozen Sheep (Including Lamb) Boneless Cuts in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 39.4 | 40.6 | 41.0 | 61.8 | 16.2% |
New Zealand | 19.3 | 15.4 | 10.6 | 8.5 | -23.9% |
Others | 0.8 | 0.9 | 0.7 | 0.8 | 0.0% |
Total | 59.4 | 56.9 | 52.2 | 71.0 | 6.1% |
Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to Japan in 2022:
- Australia (6.2K tons)
- New Zealand (0.7K tons)
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