Brazil - Lamb And Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Lamb and Sheep Meat in Brazil - 2023
Contents:
- Price for Lamb and Sheep Meat in Brazil (CIF) - 2023
- Price for Lamb and Sheep Meat in Brazil (FOB) - 2022
- Imports of Lamb and Sheep Meat in Brazil
- Exports of Lamb and Sheep Meat in Brazil
Price for Lamb and Sheep Meat in Brazil (CIF) - 2023
In August 2023, the average lamb and sheep meat import price amounted to $7,128 per ton, with an increase of 6.4% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 24% month-to-month. The import price peaked at $8,036 per ton in December 2022; however, from January 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Chile ($10,538 per ton), while the price for Argentina ($3,339 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Chile (+0.2%), while the prices for the other major suppliers experienced a decline.
Price for Lamb and Sheep Meat in Brazil (FOB) - 2022
In 2022, the average lamb and sheep meat export price amounted to $11,724 per ton, growing by 39% against the previous year. In general, the export price recorded buoyant growth. The export price peaked at $43,917 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
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 Norway ($16,030 per ton), while the average price for exports to Cyprus ($7,880 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 Marshall Islands (+63.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lamb and Sheep Meat in Brazil
After two years of decline, purchases abroad of lamb and sheep meat increased by 48% to 4.2K tons in 2022. Overall, imports, however, continue to indicate a deep downturn.
In value terms, lamb and sheep meat imports soared to $32M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern.
| Import of Lamb and Sheep Meat in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 25.3 | 16.3 | 15.8 | 27.7 | 3.1% |
| Chile | 3.8 | 3.1 | 4.1 | 3.8 | 0.0% |
| Argentina | 3.2 | 1.9 | 0.8 | 0.2 | -60.3% |
| Others | N/A | 0.3 | N/A | 0.1 | -42.3% |
| Total | 32.4 | 21.6 | 20.8 | 31.7 | -0.7% |
Top Suppliers of Lamb and Sheep Meat to Brazil in 2022:
- Argentina (undefinedK tons)
- Uruguay (3.8K tons)
- Chile (0.4K tons)
Exports of Lamb and Sheep Meat in Brazil
In 2022, overseas shipments of lamb and sheep meat decreased by -9.9% to 57 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 12%. As a result, the exports attained the peak of 63 tons, and then dropped in the following year.
In value terms, lamb and sheep meat exports surged to $664K in 2022. The total export value increased at an average annual rate of +10.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Lamb and Sheep Meat in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Marshall Islands | 40.2 | 81.2 | 65.3 | 147 | 54.1% |
| Liberia | 37.2 | 45.8 | 42.1 | 78.4 | 28.2% |
| Panama | 28.6 | 31.3 | 29.7 | 76.7 | 38.9% |
| Singapore | 31.6 | 32.6 | 26.8 | 61.0 | 24.5% |
| Hong Kong SAR | 41.2 | 39.8 | 38.7 | 55.5 | 10.4% |
| Bahamas | 13.4 | 17.0 | 13.2 | 34.6 | 37.2% |
| Norway | 12.2 | 13.5 | 10.0 | 29.8 | 34.7% |
| Malta | 17.9 | 20.1 | 17.0 | 26.8 | 14.4% |
| Greece | 5.4 | 9.4 | 10.7 | 21.5 | 58.5% |
| Portugal | 4.1 | 5.7 | 3.9 | 18.5 | 65.2% |
| Denmark | 8.4 | 12.7 | 7.4 | 16.8 | 26.0% |
| China | 2.4 | 3.9 | 4.5 | 13.4 | 77.4% |
| Cyprus | 4.6 | 4.9 | 3.3 | 10.0 | 29.5% |
| Others | 252 | 217 | 259 | 74.2 | -33.5% |
| Total | 499 | 535 | 531 | 664 | 10.0% |
Top Export Markets for Lamb and Sheep Meat from Brazil in 2022:
- Marshall Islands (12.5 tons)
- Panama (7.3 tons)
- Liberia (6.4 tons)
- Singapore (5.1 tons)
- Hong Kong SAR (4.8 tons)
- Bahamas (3.2 tons)
- Malta (2.2 tons)
- Greece (2.1 tons)
- Norway (1.9 tons)
- China (1.4 tons)
- Portugal (1.3 tons)
- Cyprus (1.3 tons)
- Denmark (1.1 tons)
This report provides an in-depth analysis of the market for lamb and sheep meat in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 977 - Meat of sheep
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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