Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Chile - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Chile (FOB) - 2022
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Chile (CIF) - 2022
- Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Chile
- Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Chile
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Chile (FOB) - 2022
In 2022, the average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $7,116 per ton, increasing by 14% 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 2014 an increase of 17% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($10,237 per ton), while the average price for exports to China ($5,153 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 the United States (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Chile (CIF) - 2022
In 2022, the average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $17,051 per ton, with an increase of 74% against the previous year. Overall, the import price, however, showed a noticeable contraction. The import price peaked at $23,200 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2013 to 2022, the rate of growth in terms of prices for China amounted to +7.2% per year.
Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Chile
In 2022, shipments abroad of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) decreased by -0.9% to 3.8K tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2020 when exports increased by 3% against the previous year. As a result, the exports attained the peak of 4.7K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) rose markedly to $27M in 2022. In general, exports, however, recorded a relatively flat trend pattern. As a result, the exports reached 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 Chile (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 11.3 | 13.5 | 9.9 | 9.0 | -7.3% |
Brazil | 3.0 | 2.5 | 3.1 | 3.2 | 2.2% |
United States | 1.3 | 1.3 | 4.1 | 3.2 | 35.0% |
Israel | 4.1 | 1.5 | 1.0 | 3.0 | -9.9% |
Germany | 1.6 | 2.0 | 1.5 | 2.4 | 14.5% |
France | 0.7 | 1.2 | 0.2 | 1.4 | 26.0% |
Denmark | 1.1 | 0.9 | 1.2 | 0.9 | -6.5% |
Netherlands | 0.7 | N/A | 0.6 | 0.8 | 4.6% |
Spain | 1.1 | 0.9 | 0.4 | 0.6 | -18.3% |
Others | 2.1 | 1.3 | 2.0 | 2.5 | 6.0% |
Total | 27.0 | 25.2 | 24.1 | 27.1 | 0.1% |
Top Export Markets for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) from Chile in 2022:
- China (1738.1 tons)
- United States (466.0 tons)
- Israel (334.4 tons)
- Brazil (315.8 tons)
- Germany (241.9 tons)
- France (158.9 tons)
- Netherlands (102.0 tons)
- Denmark (89.1 tons)
- Spain (70.3 tons)
Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Chile
In 2022, overseas purchases of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) decreased by -86.6% to 16 tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports faced a sharp setback. The growth pace was the most rapid in 2021 with an increase of 156%. As a result, imports reached the peak of 123 tons, and then contracted remarkably in the following year.
In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) contracted notably to $281K in 2022. Over the period under review, imports showed a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 195% against the previous year. As a result, imports reached the peak of $1.2M, and then contracted sharply in the following year.
Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Chile (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
China | 249 | 779 | 281 | 6.2% | |
Brazil | N/A | 31.7 | N/A | 0% | |
Others | 160 | 397 | 0.3 | -95.7% | |
Total | 409 | 1,208 | 281 | -17.1% |
Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Chile in 2022:
- China (16.5 tons)
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