Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Argentina - 2023

Contents:

  1. Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Argentina (FOB) - 2022
  2. Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Argentina

Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Argentina (FOB) - 2022

The average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $3,305 per ton in 2022, declining by -33.6% against the previous year. Overall, the export price showed a pronounced downturn. The pace of growth was the most pronounced in 2018 an increase of 38%. As a result, the export price reached the peak level of $6,071 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($8,033 per ton), while the average price for exports to Kuwait ($2,041 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 Hong Kong SAR (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Argentina

In 2022, overseas shipments of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) increased by 1,573% to 1.4K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) surged to $4.5M in 2022. In general, exports posted a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain9151,034N/A1,40915.5%
QatarN/AN/AN/A1,3200%
KuwaitN/AN/AN/A1,0890%
Oman21340411368747.7%
JapanN/AN/A270N/A0%
FranceN/A680N/AN/A0%
NetherlandsN/A537N/AN/A0%
Brazil2,7261,573N/AN/A-42.3%
OthersN/AN/A22.4N/A0%
Total3,8544,2274064,5045.3%

Top Export Markets for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) from Argentina in 2022:

  1. Kuwait (533.6 tons)
  2. Qatar (382.3 tons)
  3. Oman (271.7 tons)
  4. Spain (175.4 tons)

Source: IndexBox Market Intelligence Platform

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