South-Eastern Asia: Frozen Lamb Carcase Market Overview 2020

Frozen Lamb Carcase Market Size in South-Eastern Asia

The revenue of the frozen lamb carcase market in South-Eastern Asia amounted to $X in 2017, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The frozen lamb carcase consumption continues to indicate a remarkable growth. The pace of growth appeared the most rapid in 2013, when market value increased by X% against the previous year. Over the period under review, the frozen lamb carcase market reached its maximum level in 2017, and is expected to retain its growth in the immediate term.

Frozen Lamb Carcase Exports in South-Eastern Asia

In 2017, approx. X tonnes of frozen carcases of lamb or sheep were exported in South-Eastern Asia; going down by -X% against the previous year. The frozen lamb carcase exports continue to indicate a pronounced contraction. The pace of growth was the most pronounced in 2012, with an increase of X% y-o-y. The volume of exports peaked of X tonnes in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, frozen lamb carcase exports stood at $X in 2017. The frozen lamb carcase exports continue to indicate a mild curtailment. In that year, the frozen lamb carcase exports attained their peak level of $X. From 2015 to 2017, growth of the frozen lamb carcase exports stood at a somewhat lower level.

Frozen Lamb Carcase Exports by Country in South-Eastern Asia

Singapore was the major exporter of frozen carcases of lamb or sheep in South-Eastern Asia, with the volume of exports resulting at X tonnes, which was approx. X% of total exports in 2017. It was distantly followed by Malaysia (X tonnes) and Myanmar (X tonnes), together committing X% share of total exports. Viet Nam (X tonnes) followed a long way behind the leaders.

Singapore was also the fastest growing in terms of the frozen carcases of lamb or sheep exports, with a CAGR of -X% from 2007 to 2017. Myanmar (-X%), Malaysia (-X%) and Viet Nam (-X%) illustrated a downward trend over the same period. While the share of Viet Nam (X%), Singapore (X%), Malaysia (X%) and Myanmar (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest frozen lamb carcase supplier in South-Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of global exports. It was followed by Myanmar, with a X% share.

In Singapore, frozen lamb carcase exports remained relatively stable over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (+X% per year) and Myanmar (-X% per year).

Frozen Lamb Carcase Export Prices by Country in South-Eastern Asia

The frozen lamb carcase export price in South-Eastern Asia stood at $X per tonne in 2017, approximately equating the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011, an increase of X% year-to-year. Over the period under review, the export prices for frozen carcases of lamb or sheep attained its maximum level of $X per tonne in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Singapore ($X per tonne), while Myanmar ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

Frozen Lamb Carcase Imports in South-Eastern Asia

The imports totaled X tonnes in 2017, coming up by X% against the previous year. The total imports indicated a remarkable expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the frozen lamb carcase imports increased by +X% against 2014 indices. The growth pace was the most rapid in 2013, with an increase of X% against the previous year. Over the period under review, the frozen lamb carcase imports reached its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, frozen lamb carcase imports amounted to $X in 2017. The frozen lamb carcase imports continue to indicate a remarkable growth. The level of imports peaked in 2017, and are expected to retain its growth in the immediate term.

Frozen Lamb Carcase Imports by Country in South-Eastern Asia

In 2017, Malaysia (X tonnes) was the largest importer for frozen carcases of lamb or sheep, generating X% of total imports. It was distantly followed by Singapore (X tonnes), generating X% share of total imports. The following importers - Indonesia (X tonnes), the Philippines (X tonnes), Thailand (X tonnes) and Viet Nam (X tonnes) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to frozen lamb carcase imports into Malaysia stood at +X%. At the same time, the Philippines (+X%), Indonesia (+X%), Thailand (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest growing importer in South-Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Viet Nam (-X%) illustrated a downward trend over the same period. While the share of Viet Nam (X%) increased significantly in terms of the global imports from 2007-2017, the share of the Philippines (-X%), Indonesia (-X%), Singapore (-X%) and Malaysia (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) constitutes the largest market for imported frozen carcases of lamb or sheep in South-Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by Singapore ($X), with a X% share of global imports. It was followed by Indonesia, with a X% share.

In Malaysia, frozen lamb carcase imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Singapore (+X% per year) and Indonesia (+X% per year).

Frozen Lamb Carcase Import Prices by Country in South-Eastern Asia

In 2017, the frozen lamb carcase import price in South-Eastern Asia amounted to $X per tonne, picking up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2010, when it surged by X% year-to-year. Over the period under review, the import prices for frozen carcases of lamb or sheep reached its maximum level of $X per tonne in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Indonesia ($X per tonne), while the Philippines ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Philippines (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform