Ukraine: Market for Lamb and Sheep Meat 2024

Market Size for Lamb and Sheep Meat in Ukraine

The Ukrainian lamb and sheep meat market fell to $X in 2022, shrinking by X% against the previous year. Overall, consumption recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Lamb and Sheep Meat in Ukraine

In value terms, lamb and sheep meat production fell modestly to $X in 2022 estimated in export price. In general, production showed a deep slump. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Lamb and sheep meat production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

The average yield of lamb and sheep meat in Ukraine declined to X kg per head in 2022, which is down by X% on the previous year's figure. In general, the yield, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the yield reached the peak level of X kg per head, and then reduced in the following year.

The number of animals slaughtered for lamb and sheep meat production in Ukraine rose sharply to X heads in 2022, increasing by X% compared with the previous year's figure. Over the period under review, the number of producing animals, however, continues to indicate a abrupt slump. The number of animals slaughtered for lamb and sheep meat production peaked at X heads in 2012; however, from 2013 to 2022, producing animals failed to regain momentum.

Exports of Lamb and Sheep Meat

Exports from Ukraine

In 2022, the amount of lamb and sheep meat exported from Ukraine skyrocketed to X tons, rising by X% on the previous year's figure. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, lamb and sheep meat exports soared to $X in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

The United Arab Emirates (X tons) was the main destination for lamb and sheep meat exports from Ukraine, with a X% share of total exports. Moreover, lamb and sheep meat exports to the United Arab Emirates exceeded the volume sent to the second major destination, Oman (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (X% per year) and Kuwait (X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for lamb and sheep meat exports from Ukraine, comprising X% of total exports. The second position in the ranking was taken by Oman ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (X% per year) and Kuwait (X% per year).

Export Prices by Country

The average lamb and sheep meat export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced a decline.

Imports of Lamb and Sheep Meat

Imports into Ukraine

In 2022, imports of lamb and sheep meat into Ukraine shrank rapidly to X tons, declining by X% compared with 2021 figures. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, lamb and sheep meat imports reduced remarkably to $X in 2022. Over the period under review, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Turkey (X tons), New Zealand (X tons) and Australia (X tons) were the main suppliers of lamb and sheep meat imports to Ukraine, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest lamb and sheep meat suppliers to Ukraine were Australia ($X), Turkey ($X) and New Zealand ($X), together comprising X% of total imports.

Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average lamb and sheep meat import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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