Asia: Frozen Lamb Carcase Market 2020

Frozen Lamb Carcase Market Size in Asia

The revenue of the frozen lamb carcase market in Asia amounted to $X in 2017, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The frozen lamb carcase consumption continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2013, when market value increased by X% against the previous year. The level of frozen lamb carcase consumption peaked in 2017, and is likely to continue its growth in the near future.

Frozen Lamb Carcase Exports in Asia

In 2017, exports of frozen carcases of lamb or sheep in Asia stood at X tons, picking up by X% against the previous year. The frozen lamb carcase exports continue to indicate a pronounced slump. The pace of growth was the most pronounced in 2010, with an increase of X% y-o-y. In that year, the frozen lamb carcase exports attained their peak volume of X tons. From 2011 to 2017, growth of the frozen lamb carcase exports stood at a somewhat lower level.

In value terms, frozen lamb carcase exports totaled $X in 2017. The frozen lamb carcase exports continue to indicate a mild decline. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Frozen Lamb Carcase Exports by Country in Asia

China (X tons) and India (X tons) represented the largest exporters of frozen carcases of lamb or sheep in 2017, recording approx. X% and X% of total exports, respectively. The United Arab Emirates (X tons) ranks second in terms of the global exports with a X% share, followed by China, Hong Kong SAR (X%) and Kuwait (X%). Jordan (X tons), Mongolia (X tons), Saudi Arabia (X tons), Kazakhstan (X tons), Oman (X tons) and Singapore (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Oman (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest frozen lamb carcase markets worldwide were India ($X), China ($X) and the United Arab Emirates ($X), with a combined X% share of total exports. These countries were followed by China, Hong Kong SAR, Mongolia, Jordan, Kuwait, Singapore, Saudi Arabia, Kazakhstan and Oman, which together accounted for a further X%.

Kazakhstan (+X% per year) experienced the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Frozen Lamb Carcase Export Prices by Country in Asia

The frozen lamb carcase export price in Asia stood at $X per ton in 2017, going up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2013, an increase of X% against the previous year. Over the period under review, the export prices for frozen carcases of lamb or sheep reached its maximum level of $X per ton in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Singapore ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Mongolia (+X% per year), while the other leaders experienced more modest paces of growth.

Frozen Lamb Carcase Imports in Asia

In 2017, the amount of frozen carcases of lamb or sheep imported in Asia amounted to X tons, increasing by X% against the previous year. The frozen lamb carcase imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013, when imports increased by X% y-o-y. Over the period under review, the frozen lamb carcase imports reached its peak figure volume of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, frozen lamb carcase imports amounted to $X in 2017. The frozen lamb carcase imports continue to indicate a remarkable growth. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Frozen Lamb Carcase Imports by Country in Asia

China dominates frozen lamb carcase imports structure, finishing at X tons, which was approx. X% of total imports in 2017. It was distantly followed by Malaysia (X tons) and Saudi Arabia (X tons), together creating X% share of total imports. Taiwan, Chinese (X tons), the United Arab Emirates (X tons), China, Hong Kong SAR (X tons), Singapore (X tons), Japan (X tons), Oman (X tons), South Korea (X tons), Jordan (X tons) and Kuwait (X tons) held the slight share of total imports.

China was also the fastest growing in terms of the frozen carcases of lamb or sheep imports, with a CAGR of +X% from 2007 to 2017. At the same time, South Korea (+X%), China, Hong Kong SAR (+X%), Malaysia (+X%), Singapore (+X%), Oman (+X%) and Jordan (+X%) displayed positive paces of growth. By contrast, Japan (-X%), the United Arab Emirates (-X%), Taiwan, Chinese (-X%), Saudi Arabia (-X%) and Kuwait (-X%) illustrated a downward trend over the same period. While the share of Saudi Arabia (X%) increased significantly in terms of the global imports from 2007-2017, the share of China, Hong Kong SAR (-X%), Malaysia (-X%) and China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported frozen carcases of lamb or sheep in Asia, making up X% of global imports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of global imports. It was followed by Saudi Arabia, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Saudi Arabia (+X% per year).

Frozen Lamb Carcase Import Prices by Country in Asia

In 2017, the frozen lamb carcase import price in Asia amounted to $X per ton, increasing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2010, an increase of X% year-to-year. The level of import price peaked of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Jordan (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform