Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Canada - 2023

Contents:

  1. Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Canada (FOB) - 2022
  2. Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Canada (CIF) - 2022
  3. Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Canada
  4. Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Canada

Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Canada (FOB) - 2022

The average export price for fresh or chilled lamb carcasses and half-carcasseses stood at $4,962 per ton in 2022, falling by -12% against the previous year. In general, the export price continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2014 when the average export price increased by 131% against the previous year. Over the period under review, the average export prices attained the peak figure at $6,600 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saint Pierre and Miquelon ($4,998 per ton), while the average price for exports to Qatar ($4,903 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 Qatar (+11.9%), while the prices for the other major destinations experienced a decline.

Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Canada (CIF) - 2022

The average import price for fresh or chilled lamb carcasses and half-carcasseses stood at $4,610 per ton in 2022, shrinking by -3.7% against the previous year. Overall, the import price saw a drastic downturn. The pace of growth appeared the most rapid in 2014 when the average import price increased by 24% against the previous year. The import price peaked at $7,735 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($4,622 per ton), while the price for Australia stood at $4,610 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Canada

For the third consecutive year, Canada recorded decline in overseas shipments of fresh or chilled lamb carcasses and half-carcasseses, which decreased by -61.9% to 13 tons in 2022. In general, exports faced a sharp contraction. The smallest decline of -3.6% was in 2020.

In value terms, exports of fresh or chilled lamb carcasses and half-carcasseses dropped notably to $64K in 2022. Overall, exports showed a precipitous decline. The smallest decline of -24.9% was in 2021.

Export of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates29913218130.5-53.3%
Saint Pierre and Miquelon18.137.410.724.710.9%
QatarN/AN/AN/A9.00%
Hong Kong SARN/A32.8N/AN/A0%
United States46.752.9N/AN/A13.3%
Netherlands11.9N/AN/AN/A0%
OthersN/A0.2N/AN/A0%
Total37625519264.3-44.5%

Top Export Markets for Fresh or Chilled Lamb Carcasses and Half-Carcasses from Canada in 2022:

  1. United Arab Emirates (6.2 tons)
  2. Saint Pierre and Miquelon (4.9 tons)
  3. Qatar (1.8 tons)

Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Canada

After two years of decline, overseas purchases of fresh or chilled lamb carcasses and half-carcasseses increased by 4.6% to 7.3 tons in 2022. Over the period under review, imports, however, recorded a sharp setback.

In value terms, imports of fresh or chilled lamb carcasses and half-carcasseses stood at $34K in 2022. In general, imports, however, continue to indicate a sharp reduction. The growth pace was the most rapid in 2021 when imports increased by 5.3%.

Import of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia44.311.331.933.5-8.9%
New Zealand42.68.21.30.2-83.3%
Ireland4.3N/AN/AN/A0%
United States2.711.70.3N/A-66.7%
OthersN/A0.5N/AN/A0%
Total93.931.733.433.7-28.9%

Top Suppliers of Fresh or Chilled Lamb Carcasses and Half-Carcasses to Canada in 2022:

  1. Australia (7.3 tons)

Source: IndexBox Market Intelligence Platform

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