Report U.S. - Lamb and Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 3, 2022

U.S. - Lamb and Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
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U.S.: Market for Lamb and Sheep Meat 2022

Market Size for Lamb and Sheep Meat in the U.S.

In 2020, the U.S. lamb and sheep meat market decreased by -X% to $X for the first time since 2016, thus ending a three-year rising trend. The market value 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 pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Lamb and sheep meat consumption peaked at $X in 2019, and then shrank in the following year.

Production of Lamb and Sheep Meat in the U.S.

In value terms, lamb and sheep meat production dropped to $X in 2020. Overall, production enjoyed a measured expansion. The most prominent rate of growth was recorded in 2012 when the production volume increased by X% y-o-y. Lamb and sheep meat production peaked at $X in 2014; however, from 2015 to 2020, production stood at a somewhat lower figure.

The average yield of lamb and sheep meat in the United States reduced slightly to X kg per head in 2020, falling by -X% against the year before. Over the period under review, the yield recorded a mild setback. The most prominent rate of growth was recorded in 2012 when the yield increased by X% year-to-year. The lamb and sheep meat yield peaked at X kg per head in 2007; however, from 2008 to 2020, the yield remained at a lower figure.

The number of animals slaughtered for lamb and sheep meat production in the United States contracted modestly to X heads in 2020, waning by -X% on the previous year's figure. Overall, the number of producing animals saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, this number attained the peak level at X heads in 2008; however, from 2009 to 2020, producing animals remained at a lower figure.

Exports of Lamb and Sheep Meat

Exports from the U.S.

In 2020, after four years of growth, there was significant decline in overseas shipments of lamb and sheep meat, when their volume decreased by -X% to X tonnes. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Exports peaked at X tonnes in 2010; however, from 2011 to 2020, exports stood at a somewhat lower figure.

In value terms, lamb and sheep meat exports declined dramatically to $X in 2020. Overall, exports showed a pronounced reduction. The pace of growth was the most pronounced in 2008 when exports increased by X% year-to-year. Exports peaked at $X in 2009; however, from 2010 to 2020, exports remained at a lower figure.

Exports by Country

Mexico (X tonnes), Cayman Islands (X tonnes) and Bermuda (X tonnes) were the main destinations of lamb and sheep meat exports from the United States, together comprising X% of total exports. These countries were followed by Bahamas, the Dominican Republic, Trinidad and Tobago, Japan, Canada, India, Egypt and Panama, which together accounted for a further X 2007 to 2020, the biggest increases were in India, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lamb and sheep meat exported from the United States were Mexico ($X), Bermuda ($X) and Bahamas ($X), with a combined X% share of total exports. These countries were followed by the Dominican Republic, Cayman Islands, Canada, Trinidad and Tobago, Japan, Panama, Egypt and India, which together accounted for a further X terms of the main countries of destination, Panama recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average lamb and sheep meat export price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Overall, export price indicated a temperate expansion 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 export price decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Bermuda ($X per tonne), while the average price for exports to India ($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 Japan, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lamb and Sheep Meat

Imports into the U.S.

In 2020, lamb and sheep meat imports into the United States rose remarkably to X tonnes, with an increase of X% compared with the year before. In general, total imports indicated moderate growth from 2007 to 2020: its volume 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, imports increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked in 2020 and are likely to continue growth in the near future.

In value terms, lamb and sheep meat imports shrank to $X in 2020. Over the period under review, imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2011 when imports increased by X% y-o-y. Imports peaked at $X in 2019, and then reduced in the following year.

Imports by Country

In 2020, Australia (X tonnes) constituted the largest supplier of lamb and sheep meat to the United States, with a X% share of total imports. Moreover, lamb and sheep meat imports from Australia exceeded the figures recorded by the second-largest supplier, New Zealand (X tonnes), fourfold.

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

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

From 2007 to 2020, the average annual rate of growth in terms of value from Australia stood at +X%.

Import Prices by Country

The average lamb and sheep meat import price stood at $X per tonne in 2020, shrinking by -X% against the previous year. In general, import price indicated temperate growth 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. The growth pace was the most rapid in 2011 an increase of X% year-to-year. As a result, import price attained the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was New Zealand ($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 New Zealand.

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. Iran ranked third in terms of total consumption with a 3% share.
What are the largest producers of lamb and sheep meat in the world?
+
China remains the largest lamb and sheep meat producing country worldwide, 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 the U.S.?
+
In value terms, Australia constituted the largest supplier of lamb and sheep meat to the United States, comprising 74% of total imports. The second position in the ranking was occupied by New Zealand, with a 24% share of total imports.
What are the leading importers of lamb and sheep meat from the U.S.?
+
In value terms, Mexico, Bermuda and Bahamas constituted the largest markets for lamb and sheep meat exported from the United States worldwide, with a combined 37% share of total exports. The Dominican Republic, Cayman Islands, Canada, Trinidad and Tobago, Japan, Panama, Egypt and India lagged somewhat behind, together accounting for a further 35%.
What is the average export price for lamb and sheep meat in the U.S.?
+
The average lamb and sheep meat export price stood at $4,558 per tonne in 2020, declining by -11% against the previous year.
What is the average import price for lamb and sheep meat in the U.S.?
+
The average lamb and sheep meat import price stood at $7,462 per tonne in 2020, declining by -19.2% against the previous year.

This report provides an in-depth analysis of the market for lamb and sheep meat in the U.S.. 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:
• United States

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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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