Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Canada - 2023
Contents:
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Canada (CIF) - 2023
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Canada (FOB) - 2022
- Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Canada
- Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Canada
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Canada (CIF) - 2023
In December 2023, the average import price for meat of sheep or goats; fresh, chilled or frozen amounted to $6,775 per ton, stabilizing at the previous month. In general, the import price, however, showed a slight downturn. The pace of growth was the most pronounced in May 2023 when the average import price increased by 8% against the previous month. Over the period under review, average import prices attained the maximum at $8,823 per ton in June 2023; however, from July 2023 to December 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Australia ($6,958 per ton), while the price for the UK ($4,094 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by New Zealand (-1.2%), while the prices for the other major suppliers experienced a decline.
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Canada (FOB) - 2022
In 2022, the average export price for meat of sheep or goats; fresh, chilled or frozen amounted to $17,015 per ton, growing by 110% against the previous year. In general, the export price posted a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($20,018 per ton), while the average price for exports to Qatar ($4,903 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 (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Canada
For the fourth consecutive year, Canada recorded growth in overseas purchases of meat of sheep or goats; fresh, chilled or frozen, which increased by 25% to 31K tons in 2022. The total import volume increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of meat of sheep or goats; fresh, chilled or frozen skyrocketed to $283M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 91.2 | 96.4 | 116 | 155 | 19.3% |
| New Zealand | 75.1 | 70.5 | 81.8 | 102 | 10.7% |
| Ireland | 7.9 | 8.8 | 7.2 | 11.7 | 14.0% |
| United Kingdom | 1.3 | 2.5 | 2.8 | 7.5 | 79.4% |
| Uruguay | 3.8 | 4.5 | 3.9 | 5.4 | 12.4% |
| Others | 0.8 | 0.7 | 1.0 | 1.2 | 14.5% |
| Total | 180 | 183 | 213 | 283 | 16.3% |
Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Canada in 2022:
- Australia (15.9K tons)
- New Zealand (11.2K tons)
- Ireland (1.7K tons)
- United Kingdom (1.1K tons)
- Uruguay (0.5K tons)
Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Canada
In 2022, exports of meat of sheep or goats; fresh, chilled or frozen from Canada contracted remarkably to 69 tons, waning by -62.4% against the year before. In general, exports saw a deep slump. The growth pace was the most rapid in 2021 with an increase of 49%. As a result, the exports reached the peak of 184 tons, and then shrank significantly in the following year.
In value terms, exports of meat of sheep or goats; fresh, chilled or frozen reduced remarkably to $1.2M in 2022. Overall, total exports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +2.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +15.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. As a result, the exports attained the peak of $1.5M, and then fell remarkably in the following year.
| Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 645 | 744 | 719 | 1,078 | 18.7% |
| Saint Pierre and Miquelon | 25.5 | 62.6 | 44.9 | 51.2 | 26.2% |
| United Arab Emirates | 309 | 154 | 291 | 30.5 | -53.8% |
| Qatar | N/A | N/A | N/A | 9.0 | 0% |
| Hong Kong SAR | N/A | 38.3 | N/A | N/A | 0% |
| New Zealand | N/A | N/A | 108 | N/A | 0% |
| Bahamas | N/A | N/A | 133 | N/A | 0% |
| Australia | 77.7 | N/A | 170 | N/A | 47.9% |
| Others | 28.3 | 19.6 | 20.2 | 4.3 | -46.6% |
| Total | 1,086 | 1,018 | 1,486 | 1,173 | 2.6% |
Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Canada in 2022:
- United States (53.8 tons)
- Saint Pierre and Miquelon (10.2 tons)
- United Arab Emirates (2.2 tons)
- Qatar (1.8 tons)
1458
This report provides an in-depth analysis of the goat meat market in Canada.
329
This report provides an in-depth analysis of the frozen lamb carcase market in Canada.
286
This report provides an in-depth analysis of the fresh lamb carcase market in Canada.
804
This report provides an in-depth analysis of the market for sheep and goat meat in Canada.
1296
This report provides an in-depth analysis of the market for lamb and sheep meat in Canada.
9889
This report provides an in-depth analysis of the global goat meat market.
522
Global Frozen Lamb Carcase Market Report 2018. This report provides an in-depth analysis of the global frozen lamb carcase market.
427
Global Fresh Lamb Carcase Market Report 2018. This report provides an in-depth analysis of the global fresh lamb carcase market.
2818
This report provides an in-depth analysis of the global market for sheep and goat meat.
4070
This report provides an in-depth analysis of the global market for lamb and sheep meat.
633
In February 2023, the goat meat price stood at $6,457 per ton (CIF, Canada), which is down by -2.9% against the previous month.
524
In February 2023, the lamb and sheep meat price amounted to $8,204 per ton (CIF, Canada), picking up by 2.7% against the previous month.
7214
Global goat meat consumption amounted to X thousand tons in 2015, leveling off at the previous year level.
4733
Global goat meat market production was estimated at X thousand tons in 2015, which was X thousand tons more than in 2014. There was an annual increase of +X% in physical terms and +X% in value terms for the period from 2007 to 2015. In v
2394
From 2007 to 2015, exports on the global goat meat market decreased to X million USD. In physical terms, they stood at X thousand tons in 2015, X thousand tons down on the previous year.
7160
In 2015, the value of total imports on the global goat meat market stood at X million USD. In physical terms, the total volume of goat meat decreased to X thousand tons in 2015, X thousand tons (X%) less than the previous year.
26999
The global goat meat market had total revenues of X million USD in 2015, representing a compound annual growth rate (CAGR) of +X% from 2007 to 2015. In physical terms, the market showed an increase of +X% over the period under review. Finall
4136
Despite the fall of global prices on the meat products market, due to weakening demand from both oil-exporting and developing countries, the goat meat price, in contrast, has peaked. The relatively nascent international trade in goat meat is the reason
1191
Australia dominates in the global goat meat trade. In 2014, Australia exported X thousand tons of goat meat totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total goat meat
339
Explore the top import markets for sheep and goat meat, including China, United States, France, and more. Discover key statistics and import values in this comprehensive article.
