Report World - Lamb and Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights for 499$
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World - Lamb and Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
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Overview of the Global Market for Lamb and Sheep Meat

Market Size for Lamb and Sheep Meat

In 2020, the global lamb and sheep meat market increased by X% to $X, rising for the fourth year in a row after two years of decline. 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 in certain years. The pace of growth appeared the most rapid in 2014 when the market value increased by X% y-o-y. Over the period under review, the global market attained the peak level in 2020 and is expected to retain growth in the immediate term.

Production of Lamb and Sheep Meat

In value terms, lamb and sheep meat production rose slightly to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a noticeable expansion from 2007 to 2020: its value 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, production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, global production hit record highs in 2020 and is expected to retain growth in the near future.

China (X tonnes) constituted the country with the largest volume of lamb and sheep meat production, comprising approx. X% of total volume. Moreover, lamb and sheep meat production in China exceeded the figures recorded by the second-largest producer, Australia (X tonnes), fourfold. New Zealand (X tonnes) ranked third in terms of total production with a X% share.

In China, lamb and sheep meat production expanded at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Australia (+X% per year) and New Zealand (-X% per year).

The global average lamb and sheep meat yield totaled X kg per head in 2020, with an increase of X% on the previous year. In general, the yield saw a relatively flat trend pattern. Over the period under review, the average lamb and sheep meat yield attained the peak level at X kg per head in 2015; however, from 2016 to 2020, the yield stood at a somewhat lower figure.

The global number of animals slaughtered for lamb and sheep meat production was estimated at X heads in 2020, increasing by X% compared with 2019. This number increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the number of producing animals increased by X% year-to-year. The global producing animals peaked in 2020 and is expected to retain growth in the near future.

Production By Country

The country with the largest volume of lamb and sheep meat production was China (X tonnes), comprising approx. X% of total volume. Moreover, lamb and sheep meat production in China exceeded the figures recorded by the second-largest producer, Australia (X tonnes), fourfold. The third position in this ranking was occupied by New Zealand (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume in China amounted to +X%. The remaining producing countries recorded the following average annual rates of production growth: Australia (+X% per year) and New Zealand (-X% per year).

Exports of Lamb and Sheep Meat

Exports

In 2020, overseas shipments of lamb and sheep meat decreased by -X% to X tonnes for the first time since 2016, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, global exports hit record highs at X tonnes in 2019, and then fell in the following year.

In value terms, lamb and sheep meat exports shrank modestly to $X in 2020. In general, total exports indicated a measured expansion from 2007 to 2020: its value 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 pace of growth was the most pronounced in 2017 when exports increased by X% year-to-year. Over the period under review, global exports attained the peak figure at $X in 2019, and then dropped modestly in the following year.

Exports by Country

Australia (X tonnes) and New Zealand (X tonnes) dominates lamb and sheep meat exports structure, together comprising X% of total exports. The UK (X tonnes) ranks next in terms of the total exports with a X% share, followed by Ireland (X%). The following exporters - Spain (X tonnes) and the Netherlands (X tonnes) - each amounted to a X% share of total exports.

From 2007 to 2020, the biggest increases were in the Netherlands, while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest lamb and sheep meat supplying countries worldwide were Australia ($X), New Zealand ($X) and the UK ($X), with a combined X% share of global exports. These countries were followed by Ireland, the Netherlands and Spain, which together accounted for a further X terms of the main exporting countries, the Netherlands saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average lamb and sheep meat export price amounted to $X per tonne, with an increase of X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per tonne), while Spain ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Australia, while the other global leaders experienced more modest paces of growth.

Imports of Lamb and Sheep Meat

Imports

In 2020, overseas purchases of lamb and sheep meat decreased by -X% to X tonnes for the first time since 2016, thus ending a three-year rising trend. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by X% y-o-y. Over the period under review, global imports hit record highs at X tonnes in 2019, and then fell in the following year.

In value terms, lamb and sheep meat imports fell slightly to $X in 2020. Over the period under review, total imports indicated a temperate expansion from 2007 to 2020: its value 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. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Global imports peaked at $X in 2019, and then declined in the following year.

Imports by Country

China was the main importer of lamb and sheep meat in the world, with the volume of imports recording X tonnes, which was approx. X% of total imports in 2020. The United States (X tonnes) ranks second in terms of the total imports with a X% share, followed by France (X%) and the UK (X%). Germany (X tonnes), the United Arab Emirates (X tonnes), Malaysia (X tonnes), the Netherlands (X tonnes), Iran (X tonnes), South Korea (X tonnes), Canada (X tonnes), Belgium (X tonnes) and Italy (X tonnes) took a little share of total imports.

China was also the fastest-growing in terms of the lamb and sheep meat imports, with a CAGR of +X% from 2007 to 2020. At the same time, South Korea (+X%), Iran (+X%), the Netherlands (+X%), Malaysia (+X%), the United States (+X%), Germany (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Canada experienced a relatively flat trend pattern. By contrast, Italy (-X%), France (-X%), Belgium (-X%) and the UK (-X%) illustrated a downward trend over the same period. China (+X p.p.), the United States (+X p.p.), the Netherlands (+X p.p.), South Korea (+X p.p.) and Malaysia (+X p.p.) significantly strengthened its position in terms of the global imports, while Belgium, France and the UK saw its share reduced by -X%, -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest lamb and sheep meat importing markets worldwide were China ($X), the United States ($X) and France ($X), with a combined X% share of global imports.

Among the main importing countries, China recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average lamb and sheep meat import price amounted to $X per tonne, approximately mirroring the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 when the average import price increased by 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 remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the Netherlands ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the other global leaders experienced more modest paces of growth.

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 constituted the country with the largest volume of lamb and sheep meat consumption, accounting for 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?
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China remains the largest lamb and sheep meat producing country worldwide, accounting for 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 in the world?
+
In value terms, the largest lamb and sheep meat supplying countries worldwide were Australia, New Zealand and the UK, together comprising 79% of global exports. Ireland, the Netherlands and Spain lagged somewhat behind, together comprising a further 12%.
What are the leading importers of lamb and sheep meat in the world?
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In value terms, China, the United States and France appeared to be the countries with the highest levels of imports in 2020, together accounting for 46% of global imports.
What is the average export price for lamb and sheep meat in the world?
+
In 2020, the average lamb and sheep meat export price amounted to $6,188 per tonne, picking up by 1.8% against the previous year.
What is the average import price for lamb and sheep meat in the world?
+
The average lamb and sheep meat import price stood at $6,230 per tonne in 2020, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the global market for lamb and sheep meat. 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

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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
CONSUMPTION BY COUNTRY
3.3
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
PRODUCING ANIMALS AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
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, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2007–2021
Table 6:
Producing Animals, By Country, 2007–2021
Table 7:
Yield, By Country, 2007–2021
Table 8:
Imports, In Physical Terms, By Country, 2007–2021
Table 9:
Imports, In Value Terms, By Country, 2007–2021
Table 10:
Import Prices, By Country Of Destination, 2007–2021
Table 11:
Exports, In Physical Terms, By Country, 2007–2021
Table 12:
Exports, In Value Terms, By Country, 2007–2021
Table 13:
Export Prices, By Country Of Origin, 2007–2021
Table 14:
Producer Prices, By Major Producing Country, 2021
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2021
Figure 18:
Production, In Value Terms, 2007–2021
Figure 19:
Producing Animals, 2007–2021
Figure 20:
Yield, 2007–2021
Figure 21:
Production, By Country, 2021
Figure 22:
Production, In Physical Terms, By Country, 2007–2021
Figure 23:
Producing Animals, By Country, 2021
Figure 24:
Producing Animals, By Country, 2007–2021
Figure 25:
Yield, By Country, 2007–2021
Figure 26:
Imports, In Physical Terms, 2007–2021
Figure 27:
Imports, In Value Terms, 2007–2021
Figure 28:
Imports, In Physical Terms, By Country, 2021
Figure 29:
Imports, In Physical Terms, By Country, 2007–2021
Figure 30:
Imports, In Value Terms, By Country, 2007–2021
Figure 31:
Import Prices, By Country, 2007–2021
Figure 32:
Exports, In Physical Terms, 2007–2021
Figure 33:
Exports, In Value Terms, 2007–2021
Figure 34:
Exports, In Physical Terms, By Country, 2021
Figure 35:
Exports, In Physical Terms, By Country, 2007–2021
Figure 36:
Exports, In Value Terms, By Country, 2007–2021
Figure 37:
Export Prices, 2007–2021
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