
Canada - Lamb And Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
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Canada: Overview of the Market for Lamb And Sheep Meat 2021
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Market Size for Lamb And Sheep Meat in Canada
In 2019, the Canadian lamb and sheep meat market increased by X% to $X, rising for the third consecutive year after two years of decline. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. From 2012 to 2019, the growth of the market remained at a lower figure.
Production of Lamb And Sheep Meat in Canada
In value terms, lamb and sheep meat production fell to $X in 2019 estimated in export prices. In general, production saw a resilient increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2019, production growth remained at a lower figure.
The average yield of lamb and sheep meat in Canada totaled X kg per head in 2019, growing by X% on the previous year. Over the period under review, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. As a result, the yield attained the peak level of X kg per head. From 2012 to 2019, the growth of the average lamb and sheep meat yield remained at a somewhat lower figure.
In 2019, the number of animals slaughtered for lamb and sheep meat production in Canada was estimated at X heads, growing by X% compared with the year before. In general, the number of producing animals, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, this number hit record highs at X heads in 2014; however, from 2015 to 2019, producing animals stood at a somewhat lower figure.
Exports of Lamb And Sheep Meat
Exports from Canada
Lamb and sheep meat exports from Canada skyrocketed to X tonnes in 2019, jumping by X% against 2018 figures. Over the period under review, exports, however, continue to indicate a slight contraction. Exports peaked at X tonnes in 2017; however, from 2018 to 2019, exports stood at a somewhat lower figure.
In value terms, lamb and sheep meat exports soared to $X in 2019. Overall, exports, however, recorded a moderate increase. Exports peaked at $X in 2017; however, from 2018 to 2019, exports failed to regain the momentum.
Exports by Country
The U.S. (X tonnes), the United Arab Emirates (X tonnes) and Saudi Arabia (X tonnes) were the main destinations of lamb and sheep meat exports from Canada, together comprising X% of total exports.
From 2007 to 2019, the biggest increases were in the United Arab Emirates (+X% per year), while shipments for the other leaders experienced mixed trend patterns.
In value terms, the U.S. ($X) remains the key foreign market for lamb and sheep meat exports from Canada, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports.
From 2007 to 2019, the average annual growth rate of value to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and Saudi Arabia (-X% per year).
Export Prices by Country
The average lamb and sheep meat export price stood at $X per tonne in 2019, dropping by -X% against the previous year. In general, export price indicated a resilient expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, lamb and sheep meat export price increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne, and then shrank in the following year.
Average prices varied somewhat for the major foreign markets. In 2019, the country with the highest price was Saudi Arabia ($X per tonne), while the average price for exports to the United Arab Emirates ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates, while the prices for the other major destinations experienced mixed trend patterns.
Imports of Lamb And Sheep Meat
Imports into Canada
In 2019, approx. X tonnes of lamb and sheep meat were imported into Canada; growing by X% on 2018. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X tonnes. From 2018 to 2019, the growth imports remained at a somewhat lower figure.
In value terms, lamb and sheep meat imports reached $X in 2019. Over the period under review, total imports indicated a notable increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2019 and are likely to see gradual growth in the near future.
Imports by Country
New Zealand (X tonnes), Australia (X tonnes) and Ireland (X tonnes) were the main suppliers of lamb and sheep meat imports to Canada, together accounting for X% of total imports. Uruguay lagged somewhat behind, accounting for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Uruguay (+X% per year), while imports for the other leaders experienced more modest paces of growth.
In value terms, Australia ($X), New Zealand ($X) and Ireland ($X) were the largest lamb and sheep meat suppliers to Canada, with a combined X% share of total imports. These countries were followed by Uruguay, which accounted for a further X the main suppliers, Uruguay (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average lamb and sheep meat import price stood at $X per tonne in 2019, approximately mirroring the previous year. Overall, import price indicated a perceptible expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, lamb and sheep meat import price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2011 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average import prices failed to regain the momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Australia ($X per tonne), while the price for Ireland ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by New Zealand, while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for lamb and sheep meat in the world?+
The country with the largest volume of lamb and sheep meat consumption was China (2.8M tonnes), accounting for 28% of total volume. Moreover, lamb and sheep meat consumption in China exceeded the figures recorded by the second-largest consumer, Turkey (390K tonnes), sevenfold. The third position in this ranking was occupied by Sudan (387K tonnes), with a 3.9% share.
What are the largest producers of lamb and sheep meat in the world?+
China (2.5M tonnes) remains the largest lamb and sheep meat producing country worldwide, accounting for 25% of total volume. Moreover, lamb and sheep meat production in China exceeded the figures recorded by the second-largest producer, Australia (732K tonnes), threefold. New Zealand (449K tonnes) ranked third in terms of total production with a 4.5% share.
What are the leading suppliers of lamb and sheep meat to Canada?+
In value terms, Australia ($82M), New Zealand ($73M) and Ireland ($7.7M) constituted the largest lamb and sheep meat suppliers to Canada, together accounting for 97% of total imports. These countries were followed by Uruguay, which accounted for a further 2.2%.
What are the leading importers of lamb and sheep meat from Canada?+
In value terms, the U.S. ($765K) remains the key foreign market for lamb and sheep meat exports from Canada, comprising 65% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($366K), with a 31% share of total exports.
What is the average export price for lamb and sheep meat in Canada?+
The average lamb and sheep meat export price stood at $7,107 per tonne in 2019, reducing by -11.5% against the previous year.
What is the average import price for lamb and sheep meat in Canada?+
The average lamb and sheep meat import price stood at $7,543 per tonne in 2019, remaining constant against the previous year.
This report provides an in-depth analysis of the market for lamb and sheep meat in Canada. 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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