Report Update Apr 1, 2024

Argentina - Lamb and Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Market for Lamb and Sheep Meat 2024

Market Size for Lamb and Sheep Meat in Argentina

The Argentinian lamb and sheep meat market totaled $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Lamb and sheep meat consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Lamb and Sheep Meat in Argentina

In value terms, lamb and sheep meat production amounted to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. Lamb and sheep meat production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The average yield of lamb and sheep meat in Argentina totaled X kg per head in 2022, remaining constant against 2021. Overall, the yield showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, the yield attained the peak level of X kg per head. From 2020 to 2022, the growth of the average lamb and sheep meat yield remained at a somewhat lower figure.

In 2022, approx. X heads of animals slaughtered for lamb and sheep meat production in Argentina; increasing by X% against the year before. Overall, the number of producing animals, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. The number of animals slaughtered for lamb and sheep meat production peaked at X heads in 2014; however, from 2015 to 2022, producing animals failed to regain momentum.

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Exports of Lamb and Sheep Meat

Exports from Argentina

In 2022, overseas shipments of lamb and sheep meat decreased by X% to X tons, falling for the third consecutive year after three years of growth. Overall, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, lamb and sheep meat exports shrank markedly to $X in 2022. In general, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Kuwait (X tons), Qatar (X tons) and Oman (X tons) were the main destinations of lamb and sheep meat exports from Argentina, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Kuwait (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lamb and sheep meat exported from Argentina were Spain ($X), Qatar ($X) and Portugal ($X), together accounting for X% of total exports. Kuwait, Oman, Sweden, the Netherlands, the UK, Brazil and France lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Kuwait, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average lamb and sheep meat export price amounted to $X per ton, waning by X% against the previous year. In general, the export price saw a noticeable setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Kuwait ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lamb and Sheep Meat

Imports into Argentina

In 2022, supplies from abroad of lamb and sheep meat decreased by X% to X kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, enjoyed significant growth. Imports peaked at X kg in 2021, and then declined remarkably in the following year.

In value terms, lamb and sheep meat imports dropped significantly to $X in 2022. In general, imports, however, continue to indicate significant growth. Imports peaked at $X in 2021, and then declined rapidly in the following year.

Imports by Country

In 2022, India (X kg) was the main supplier of lamb and sheep meat to Argentina, with a approx. X% share of total imports.

From 2015 to 2022, the average annual rate of growth in terms of volume from India was relatively modest.

In value terms, India ($X) constituted the largest supplier of lamb and sheep meat to Argentina.

From 2015 to 2022, the average annual growth rate of value from India was relatively modest.

Import Prices by Country

The average lamb and sheep meat import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price enjoyed strong growth. The import price peaked at $X per ton in 2019; however, from 2020 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 India.

From 2015 to 2022, the rate of growth in terms of prices for Uruguay amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lamb and sheep meat in the world?

China constituted the country with the largest volume of lamb and sheep meat consumption, comprising approx. 30% of total volume. Moreover, lamb and sheep meat consumption in China exceeded the figures recorded by the second-largest consumer, Turkey, eightfold. The third position in this ranking was taken by Algeria, with a 3.5% share.

What are the largest producers of lamb and sheep meat in the world?

China remains the largest lamb and sheep meat producing country worldwide, comprising approx. 26% of total volume. Moreover, lamb and sheep meat production in China exceeded the figures recorded by the second-largest producer, Australia, fourfold. The third position in this ranking was held by New Zealand, with a 4.6% share.

What are the leading suppliers of lamb and sheep meat to Argentina?

In value terms, India constituted the largest supplier of lamb and sheep meat to Argentina.

What are the leading importers of lamb and sheep meat from Argentina?

In value terms, Spain, Qatar and Portugal constituted the largest markets for lamb and sheep meat exported from Argentina worldwide, together accounting for 67% of total exports. Kuwait, Oman, Sweden, the Netherlands, the UK, Brazil and France lagged somewhat behind, together comprising a further 33%.

What is the average export price for lamb and sheep meat in Argentina?

The average lamb and sheep meat export price stood at $3,766 per ton in 2022, falling by -29.7% against the previous year.

What is the average import price for lamb and sheep meat in Argentina?

The average lamb and sheep meat import price stood at $11,832 per ton in 2022, with an increase of 2.2% against the previous year.

This report provides an in-depth analysis of the market for lamb and sheep meat in Argentina. 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:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023