Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in South Korea - 2022

Contents:

  1. Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in South Korea (CIF) - 2022
  2. Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in South Korea

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

In 2022, the average import price for fresh or chilled lamb carcasses and half-carcasseses amounted to $9,236 per ton, picking up by 5.5% against the previous year. Overall, the import price posted strong growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 82%. Over the period under review, average import prices hit record highs at $14,263 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2013 to 2022, the rate of growth in terms of prices for Australia amounted to +5.0% per year.

Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in South Korea

Imports of fresh or chilled lamb carcasses and half-carcasseses into South Korea soared to 7.7 tons in 2022, rising by 92% against the previous year. Overall, imports, however, showed a abrupt slump.

In value terms, imports of fresh or chilled lamb carcasses and half-carcasseses surged to $71K in 2022. Over the period under review, imports, however, saw a sharp decline.

Import of Fresh or Chilled Lamb Carcasses and Half-Carcasses in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia19625.735.371.5-28.5%
OthersN/AN/AN/AN/A0%
Total19625.735.371.5-28.5%

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

  1. Australia (7.7 tons)

Source: IndexBox Market Intelligence Platform

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