Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Russia - 2022
Contents:
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Russia (CIF) - 2022
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Russia (FOB) - 2022
- Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Russia
- Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Russia
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Russia (CIF) - 2022
The average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $13,369 per ton in 2022, picking up by 15% against the previous year. Overall, the import price showed a resilient increase. The most prominent rate of growth was recorded in 2021 an increase of 70% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($21,464 per ton), while the price for Uruguay totaled $8,925 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Russia (FOB) - 2022
The average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $15,698 per ton in 2022, shrinking by -13.8% against the previous year. In general, the export price, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 175% against the previous year. As a result, the export price reached the peak level of $18,219 per ton, and then fell in the following year.
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 Armenia ($31,503 per ton), while the average price for exports to Azerbaijan ($4,959 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 Azerbaijan (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Russia
In 2022, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) into Russia reduced dramatically to 54 tons, falling by -81.6% on the year before. Overall, imports showed a significant decrease. The smallest decline of -29.2% was in 2020.
In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) fell remarkably to $717K in 2022. Over the period under review, imports saw a sharp decline. The smallest decline of -31.5% was in 2020.
| Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 4.1 | 2.1 | 2.8 | 0.4 | -54.0% |
| Uruguay | N/A | N/A | N/A | 0.3 | 0% |
| Iceland | 0.4 | 0.1 | N/A | N/A | -75.0% |
| Australia | 2.9 | 2.9 | 0.6 | N/A | -54.5% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 7.5 | 5.1 | 3.4 | 0.7 | -54.6% |
Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Russia in 2022:
- Uruguay (34.0 tons)
- New Zealand (19.0 tons)
Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Russia
For the third consecutive year, Russia recorded decline in shipments abroad of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses), which decreased by -78.5% to 1.1 tons in 2022. Overall, exports faced a sharp slump.
In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) shrank remarkably to $17K in 2022. In general, exports showed a precipitous curtailment. The smallest decline of -45.5% was in 2021.
| Export of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Armenia | 1.1 | 9.4 | N/A | 9.2 | 103.0% |
| Kazakhstan | 80.4 | 24.8 | 30.9 | 4.7 | -61.2% |
| Azerbaijan | 8.9 | N/A | N/A | 2.0 | -39.2% |
| Uzbekistan | N/A | N/A | N/A | 1.4 | 0% |
| Iran | 824 | 90.7 | N/A | N/A | -89.0% |
| Belarus | 88.5 | 46.4 | 61.1 | N/A | -16.9% |
| Others | 3.0 | N/A | 1.4 | N/A | -31.7% |
| Total | 1,006 | 171 | 93.3 | 17.3 | -74.2% |
Top Export Markets for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) from Russia in 2022:
- Azerbaijan (395.0 kg)
- Armenia (292.0 kg)
- Kazakhstan (252.0 kg)
- Uzbekistan (160.0 kg)
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