Italy: Overview of the Market for Lamb And Sheep Meat 2021

Market Size for Lamb And Sheep Meat in Italy

The Italian lamb and sheep meat market amounted to $X in 2019, with an increase of X% against the previous year. In general, consumption, however, saw a noticeable decrease. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.

Production of Lamb And Sheep Meat in Italy

In value terms, lamb and sheep meat production fell to $X in 2019 estimated in export prices. In general, production recorded a abrupt decline. The growth pace was the most rapid in 2015 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs at $X in 2009; however, from 2010 to 2019, production stood at a somewhat lower figure.

The average yield of lamb and sheep meat in Italy dropped to X kg per head in 2019, shrinking by -X% against the previous year's figure. The yield figure increased at an average annual rate of +X% from 2007 to 2019; however, 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 yield increased by X% y-o-y. Over the period under review, the average lamb and sheep meat yield attained the maximum level at X kg per head in 2018, and then reduced in the following year.

In 2019, number of animals slaughtered for lamb and sheep meat production in Italy expanded slightly to X heads, with an increase of X% against 2018 figures. Over the period under review, the number of producing animals, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2015 when the number of producing animals increased by X% year-to-year. Over the period under review, this number reached the maximum level at X heads in 2007; however, from 2008 to 2019, producing animals stood at a somewhat lower figure.

Exports of Lamb And Sheep Meat

Exports from Italy

In 2019, lamb and sheep meat exports from Italy shrank to X tonnes, reducing by -X% against the year before. In general, exports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at X tonnes in 2018, and then reduced in the following year.

In value terms, lamb and sheep meat exports reduced to $X in 2019. Overall, exports, however, posted a pronounced increase. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at $X in 2018, and then reduced in the following year.

Exports by Country

Spain (X tonnes), Singapore (X tonnes) and Belgium (X tonnes) were the main destinations of lamb and sheep meat exports from Italy, together accounting for X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) remains the key foreign market for lamb and sheep meat exports from Italy, comprising X% of total exports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Spain amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+X% per year) and Belgium (+X% per year).

Export Prices by Country

In 2019, the average lamb and sheep meat export price amounted to $X per tonne, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2009 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2010 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was France ($X per tonne), while the average price for exports to Hong Kong SAR ($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 South Korea, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lamb And Sheep Meat

Imports into Italy

In 2019, purchases abroad of lamb and sheep meat increased by X% to X tonnes, rising for the fifth consecutive year after seven years of decline. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, lamb and sheep meat imports rose significantly to $X in 2019. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when imports increased by X% year-to-year. As a result, imports reached the peak of $X. From 2012 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

Spain (X tonnes), the UK (X tonnes) and France (X tonnes) were the main suppliers of lamb and sheep meat imports to Italy, with a combined X% share of total imports. These countries were followed by Ireland, Greece, Romania, New Zealand and the Netherlands, which together accounted for a further X 2007 to 2019, the biggest increases were in Romania, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lamb and sheep meat suppliers to Italy were the UK ($X), Spain ($X) and New Zealand ($X), with a combined X% share of total imports. These countries were followed by Greece, Ireland, France, the Netherlands and Romania, which together accounted for a further X the main suppliers, Romania saw the highest growth rate of 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

In 2019, the average lamb and sheep meat import price amounted to $X per tonne, which is down by -X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 an increase of X% year-to-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 remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was New Zealand ($X per tonne), while the price for Romania ($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 more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lamb and sheep meat in the world?

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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. Sudan (387K tonnes) ranked third in terms of total consumption with a 3.9% share.

What are the largest producers of lamb and sheep meat in the world?

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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. The third position in this ranking was occupied by New Zealand (449K tonnes), with a 4.5% share.

What are the leading suppliers of lamb and sheep meat to Italy?

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In value terms, the UK ($36M), Spain ($26M) and New Zealand ($18M) appeared to be the largest lamb and sheep meat suppliers to Italy, with a combined 48% share of total imports. These countries were followed by Greece, Ireland, France, the Netherlands and Romania, which together accounted for a further 35%.

What are the leading importers of lamb and sheep meat from Italy?

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In value terms, Spain ($8.4M) remains the key foreign market for lamb and sheep meat exports from Italy, comprising 44% of total exports. The second position in the ranking was occupied by Singapore ($2.3M), with a 12% share of total exports. It was followed by Belgium, with a 5.6% share.

What is the average export price for lamb and sheep meat in Italy?

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The average lamb and sheep meat export price stood at $5,806 per tonne in 2019, growing by 2.1% against the previous year.

What is the average import price for lamb and sheep meat in Italy?

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The average lamb and sheep meat import price stood at $5,958 per tonne in 2019, reducing by -5.5% against the previous year.