Report China - Lamb and Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights for 499$
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China - Lamb and Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
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China: Market for Lamb and Sheep Meat 2022

Market Size for Lamb and Sheep Meat in China

After three years of growth, the Chinese lamb and sheep meat market decreased by -X% to $X in 2020. In general, consumption recorded prominent growth. The pace of growth appeared the most rapid in 2012 when the market value increased by X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2019, and then dropped modestly in the following year.

Production of Lamb and Sheep Meat in China

In value terms, lamb and sheep meat production shrank to $X in 2020 estimated in export prices. Overall, production enjoyed a strong increase. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2019, and then contracted modestly in the following year.

The average yield of lamb and sheep meat in China expanded modestly to X kg per head in 2020, picking up by X% against the previous year. Overall, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the yield increased by X% against the previous year. Over the period under review, the average lamb and sheep meat yield hit record highs at X kg per head in 2016; however, from 2017 to 2020, the yield failed to regain the momentum.

In 2020, approx. X heads of animals slaughtered for lamb and sheep meat production in China; with an increase of X% on the year before. This number increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, this number reached the peak level in 2020 and is expected to retain growth in years to come.

Exports of Lamb and Sheep Meat

Exports from China

Lamb and sheep meat exports from China shrank significantly to X tonnes in 2020, waning by -X% on 2019. In general, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X tonnes in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, lamb and sheep meat exports fell dramatically to $X in 2020. Overall, exports showed a deep slump. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. from 2011 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X tonnes) was the main destination for lamb and sheep meat exports from China, with a X% share of total exports. Moreover, lamb and sheep meat exports to Hong Kong SAR exceeded the volume sent to the second major destination, Kuwait (X tonnes), ninefold. The Dominican Republic (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Hong Kong SAR totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (-X% per year) and the Dominican Republic (+X% per year).

In value terms, Hong Kong SAR ($X) remains the key foreign market for lamb and sheep meat exports from China, comprising X% of total exports. The second position in the ranking was occupied by Jordan ($X), with a X% share of total exports. It was followed by the Dominican Republic, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Hong Kong SAR was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (-X% per year) and the Dominican Republic (+X% per year).

Export Prices by Country

The average lamb and sheep meat export price stood at $X per tonne in 2020, declining by -X% against the previous year. Overall, the export price, however, posted a resilient increase. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. The export price peaked at $X per tonne in 2019, and then fell modestly in the following year.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Jordan ($X per tonne), while the average price for exports to Australia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Jordan, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lamb and Sheep Meat

Imports into China

In 2020, after three years of growth, there was significant decline in purchases abroad of lamb and sheep meat, when their volume decreased by -X% to X tonnes. Over the period under review, imports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at X tonnes in 2019, and then fell in the following year.

In value terms, lamb and sheep meat imports shrank to $X in 2020. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2019, and then reduced in the following year.

Imports by Country

New Zealand (X tonnes), Australia (X tonnes) and Uruguay (X tonnes) were the main suppliers of lamb and sheep meat imports to China, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Uruguay, while purchases for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Australia ($X) and Uruguay ($X) constituted the largest lamb and sheep meat suppliers to China, with a combined X% share of total imports.

Uruguay recorded the highest rates of growth with regard to the value of imports, among the main suppliers 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 2020, therefore, remained relatively stable against the previous year. In general, import price indicated a strong increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, lamb and sheep meat import price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2020 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was New Zealand ($X per tonne), while the price for Australia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Australia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for lamb and sheep meat in the world?
+
China remains the largest lamb and sheep meat consuming country worldwide, comprising approx. 32% of total volume. Moreover, lamb and sheep meat consumption in China exceeded the figures recorded by the second-largest consumer, Algeria, ninefold. The third position in this ranking was occupied by Iran, with a 3% share.
What are the largest producers of lamb and sheep meat in the world?
+
The country with the largest volume of lamb and sheep meat production was China, comprising approx. 28% of total volume. Moreover, lamb and sheep meat production in China exceeded the figures recorded by the second-largest producer, Australia, fourfold. New Zealand ranked third in terms of total production with a 4.7% share.
What are the leading suppliers of lamb and sheep meat to China?
+
In value terms, the largest lamb and sheep meat suppliers to China were New Zealand, Australia and Uruguay, together comprising 99% of total imports.
What are the leading importers of lamb and sheep meat from China?
+
In value terms, Hong Kong SAR remains the key foreign market for lamb and sheep meat exports from China, comprising 81% of total exports. The second position in the ranking was occupied by Jordan, with a 7.5% share of total exports. It was followed by the Dominican Republic, with a 4.4% share.
What is the average export price for lamb and sheep meat in China?
+
The average lamb and sheep meat export price stood at $9,843 per tonne in 2020, which is down by -4% against the previous year.
What is the average import price for lamb and sheep meat in China?
+
The average lamb and sheep meat import price stood at $4,778 per tonne in 2020, flattening at the previous year.

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


Product coverage:
• FCL 977 - Meat of sheep
Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption In 2007–2021
Table 5:
Imports, In Physical Terms, By Country, 2007–2021
Table 6:
Imports, In Value Terms, By Country, 2007–2021
Table 7:
Import Prices, By Country Of Origin, 2007–2021
Table 8:
Exports, In Physical Terms, By Country, 2007–2021
Table 9:
Exports, In Value Terms, By Country, 2007–2021
Table 10:
Export Prices, By Country Of Destination, 2007–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2021
Figure 5:
Trade Balance, In Physical Terms, 2007–2021
Figure 6:
Trade Balance, In Value Terms, 2007–2021
Figure 7:
Per Capita Consumption, 2007–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2021
Figure 22:
Production, In Value Terms, 2007–2021
Figure 23:
Producing Animals Slaughtered, 2007–2021
Figure 24:
Yield, 2007–2021
Figure 25:
Imports, In Physical Terms, 2007–2021
Figure 26:
Imports, In Value Terms, 2007–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2007–2021
Figure 29:
Imports, In Value Terms, By Country, 2007–2021
Figure 30:
Import Prices, By Country Of Origin, 2007–2021
Figure 31:
Exports, In Physical Terms, 2007–2021
Figure 32:
Exports, In Value Terms, 2007–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2007–2021
Figure 35:
Exports, In Value Terms, By Country, 2007–2021
Figure 36:
Export Prices, By Country Of Destination, 2007–2021
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