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China - Lamb And Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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China: Overview of the Market for Lamb and Sheep Meat 2021

Market Size for Lamb and Sheep Meat in China

In 2020, the Chinese lamb and sheep meat market decreased by -X% to $X for the first time since 2016, thus ending a three-year rising trend. In general, consumption saw a prominent expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2019, and then reduced in the following year.

Production of Lamb and Sheep Meat in China

In value terms, lamb and sheep meat production declined to $X in 2020 estimated in export prices. Over the period under review, production enjoyed a prominent expansion. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Lamb and sheep meat production peaked at $X in 2019, and then dropped in the following year.

The average yield of lamb and sheep meat in China amounted to X kg per head in 2020, therefore, remained relatively stable against the previous year's figure. Overall, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. The lamb and sheep meat yield peaked at X kg per head in 2016; however, from 2017 to 2020, the yield remained at a lower figure.

In 2020, the number of animals slaughtered for lamb and sheep meat production in China rose to X heads, with an increase of X% compared with 2019 figures. This number increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the number of producing animals increased by X% year-to-year. Over the period under review, this number attained the maximum level in 2020 and is expected to retain growth in years to come.

Exports of Lamb and Sheep Meat

Exports from China

In 2020, the amount of lamb and sheep meat exported from China reduced to X tonnes, shrinking by -X% compared with 2019. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked at X tonnes in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, lamb and sheep meat exports dropped rapidly to $X in 2020. Over the period under review, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2010 with an increase of 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 third position in this ranking was occupied by the Dominican Republic (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms 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 rate of growth in terms 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

In 2020, the average lamb and sheep meat export price amounted to $X per tonne, with a decrease of -X% against the previous year. Overall, the export price, however, continues to indicate a strong expansion. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. Over the period under review, average export prices reached the maximum at $X per tonne in 2019, and then dropped in the following year.

Prices varied noticeably by the country of destination; 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, supplies from abroad of lamb and sheep meat decreased by -X% to X tonnes for the first time since 2016, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2019, and then reduced in the following year.

In value terms, lamb and sheep meat imports contracted to $X in 2020. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. 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, together comprising X% 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.

In terms of the main suppliers, Uruguay 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 2020, standing approx. at the previous year. Overall, import price indicated a remarkable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. 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 most prominent rate of growth was recorded 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

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 (2.9M tonnes), accounting for 29% of total volume. Moreover, lamb and sheep meat consumption in China exceeded the figures recorded by the second-largest consumer, Turkey (400K tonnes), sevenfold. The third position in this ranking was occupied by Sudan (392K 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, comprising approx. 25% of total volume. Moreover, lamb and sheep meat production in China exceeded the figures recorded by the second-largest producer, Australia (736K tonnes), threefold. The third position in this ranking was occupied by New Zealand (440K tonnes), with a 4.4% share.
What are the leading suppliers of lamb and sheep meat to China?
+
In value terms, New Zealand ($1B), Australia ($681M) and Uruguay ($39M) appeared to be the largest lamb and sheep meat suppliers to China, together accounting for 99% of total imports.
What are the leading importers of lamb and sheep meat from China?
+
In value terms, Hong Kong SAR ($7.8M) 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 ($738K), with a 7.6% 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?
+
In 2020, the average lamb and sheep meat export price amounted to $9,843 per tonne, reducing by -7.7% against the previous year.
What is the average import price for lamb and sheep meat in China?
+
In 2020, the average lamb and sheep meat import price amounted to $4,778 per tonne, approximately mirroring the previous year.

Product coverage:
• FCL 977 - Meat of sheep

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.


Country coverage:
• China

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

2.1
KEY FINDINGS
2.2
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

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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Producing Animals Slaughtered, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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