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Peru - Lamb And Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
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Peru: Overview of the Market for Lamb and Sheep Meat 2021

Market Size for Lamb and Sheep Meat in Peru

The Peruvian lamb and sheep meat market declined modestly to $X in 2020, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Production of Lamb and Sheep Meat in Peru

In value terms, lamb and sheep meat production shrank modestly to $X in 2020 estimated in export prices. Overall, the total production indicated a pronounced increase from 2007 to 2020: its value decreased 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, production decreased by -X% against 2018 indices. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

The average yield of lamb and sheep meat in Peru stood at X kg per head in 2020, approximately mirroring 2019. Over the period under review, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the yield increased by X% year-to-year. The lamb and sheep meat yield peaked at X kg per head in 2007; afterwards, it flattened through to 2020.

The number of animals slaughtered for lamb and sheep meat production in Peru amounted to X heads in 2020, therefore, remained relatively stable against the previous year's figure. Overall, the number of producing animals showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Over the period under review, this number hit record highs at X heads in 2012; however, from 2013 to 2020, producing animals stood at a somewhat lower figure.

Exports of Lamb and Sheep Meat

Exports from Peru

In 2020, shipments abroad of lamb and sheep meat decreased by X% to X kg, falling for the second consecutive year after two years of decline. In general, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, lamb and sheep meat exports amounted to $X in 2020. Over the period under review, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

Luxembourg (X kg) was the main destination for lamb and sheep meat exports from Peru, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Luxembourg was relatively modest.

From 2007 to 2020, the average annual rate of growth in terms of value to Luxembourg was relatively modest.

Export Prices by Country

The average lamb and sheep meat export price stood at $X per tonne in 2020, leveling off at the previous year. Over the period under review, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2015; however, from 2016 to 2020, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Luxembourg.

From 2007 to 2020, the rate of growth in terms of prices for Luxembourg amounted to X% per year.

Imports of Lamb and Sheep Meat

Imports into Peru

In 2020, supplies from abroad of lamb and sheep meat was finally on the rise to reach X tonnes for the first time since 2017, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Imports peaked at X tonnes in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

In value terms, lamb and sheep meat imports skyrocketed to $X in 2020. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. from 2014 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, Chile (X tonnes) constituted the largest lamb and sheep meat supplier to Peru, with a X% share of total imports. Moreover, lamb and sheep meat imports from Chile exceeded the figures recorded by the second-largest supplier, Australia (X kg), sevenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Chile totaled -X%.

In value terms, Chile ($X) constituted the largest supplier of lamb and sheep meat to Peru, comprising X% of total imports. The second position in the ranking was occupied by Australia ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Chile was relatively modest.

Import Prices by Country

In 2020, the average lamb and sheep meat import price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, import price indicated a buoyant 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 decreased by -X% against 2018 indices. The growth pace was the most rapid in 2008 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2018; however, from 2019 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Chile ($X per tonne), while the price for Australia amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Chile.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lamb and sheep meat in the world?
+
China (2.9M tonnes) constituted the country with the largest volume of lamb and sheep meat consumption, 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. Sudan (392K 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?
+
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 (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 Peru?
+
In value terms, Chile ($51K) constituted the largest supplier of lamb and sheep meat to Peru, comprising 91% of total imports. The second position in the ranking was occupied by Australia ($4.6K), with a 8.3% share of total imports.
What is the average export price for lamb and sheep meat in Peru?
+
In 2020, the average lamb and sheep meat export price amounted to $7,887 per tonne, standing approx. at the previous year.
What is the average import price for lamb and sheep meat in Peru?
+
In 2020, the average lamb and sheep meat import price amounted to $22,697 per tonne, shrinking by -8.7% against 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 Peru. 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:
• Peru

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Peru
• 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 2007–2020
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

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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