Central Asia: Market for Lamb and Sheep Meat 2024

Market Size for Lamb and Sheep Meat in Central Asia

The Central Asian lamb and sheep meat market rose modestly to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Lamb and Sheep Meat in Central Asia

In value terms, lamb and sheep meat production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X; afterwards, it flattened through to 2022.

The countries with the highest volumes of production in 2022 were Mongolia (X tons), Uzbekistan (X tons) and Kazakhstan (X tons), with a combined X% share of total production.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Mongolia (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average lamb and sheep meat yield in Central Asia dropped to X kg per head, approximately mirroring 2021 figures. Over the period under review, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, the yield reached the peak level of X kg per head. From 2016 to 2022, the growth of the lamb and sheep meat yield remained at a lower figure.

In 2022, approx. X heads of animals slaughtered for lamb and sheep meat production in Central Asia; with an increase of X% against 2021 figures. This number increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the number of producing animals increased by X%. The level of producing animals peaked at X heads in 2020; however, from 2021 to 2022, producing animals remained at a lower figure.

Exports of Lamb and Sheep Meat

Exports in Central Asia

In 2022, shipments abroad of lamb and sheep meat was finally on the rise to reach X tons after two years of decline. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, lamb and sheep meat exports soared to $X in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

Kazakhstan represented the largest exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by Mongolia (X tons), creating a X% share of total exports.

Kazakhstan was also the fastest-growing in terms of the lamb and sheep meat exports, with a CAGR of X% from 2012 to 2022. At the same time, Mongolia (X%) displayed positive paces of growth. While the share of Kazakhstan (X p.p.) and Mongolia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest lamb and sheep meat supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Mongolia ($X), with an X% share of total exports.

In Kazakhstan, lamb and sheep meat exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price showed a noticeable descent. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Mongolia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (X%).

Imports of Lamb and Sheep Meat

Imports in Central Asia

Lamb and sheep meat imports surged to X tons in 2022, increasing by X% compared with 2021 figures. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, lamb and sheep meat imports soared to $X in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Uzbekistan (X tons) represented roughly X% of total imports in 2022.

Uzbekistan was also the fastest-growing in terms of the lamb and sheep meat imports, with a CAGR of X% from 2012 to 2022. Uzbekistan (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) constitutes the largest market for imported lamb and sheep meat in Central Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in Uzbekistan totaled X%.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, import price reached the peak level of $X per ton, and then declined markedly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Uzbekistan.

From 2012 to 2022, the rate of growth in terms of prices for Uzbekistan amounted to X% per year.

Source: IndexBox Platform

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