Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in New Zealand - 2023
Contents:
- Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in New Zealand (FOB) - 2022
- Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in New Zealand
Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in New Zealand (FOB) - 2022
In 2022, the average export price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses amounted to $5,644 per ton, flattening at the previous year. Over the period under review, the export price, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 51% against the previous year. Over the period under review, the average export prices reached the maximum at $5,680 per ton in 2021, and then dropped in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($6,202 per ton), while the average price for exports to Cook Islands stood at $3,543 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in New Zealand
Exports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses from New Zealand reduced sharply to 39 tons in 2022, declining by -75.6% against the previous year's figure. Overall, exports saw a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 168%. As a result, the exports reached the peak of 159 tons, and then shrank markedly in the following year.
In value terms, exports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses plummeted to $219K in 2022. Over the period under review, exports showed a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 212%. As a result, the exports reached the peak of $905K, and then declined significantly in the following year.
| Export of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 13.7 | 24.3 | 61.7 | 190 | 140.3% |
| Cook Islands | 0.4 | 0.2 | 1.2 | 28.9 | 316.5% |
| Fiji | 194 | 74.7 | 194 | N/A | 0.0% |
| China | 131 | 43.3 | 96.3 | N/A | -14.3% |
| Malaysia | 32.3 | 7.8 | 7.2 | N/A | -52.8% |
| Qatar | 29.0 | 4.1 | 143 | N/A | 122.1% |
| Kuwait | 31.6 | 10.1 | 25.9 | N/A | -9.5% |
| Saudi Arabia | 27.7 | 12.6 | 41.1 | N/A | 21.8% |
| Jamaica | 44.2 | 12.9 | 20.0 | N/A | -32.7% |
| Others | 94.5 | 100 | 314 | N/A | 82.3% |
| Total | 598 | 290 | 905 | 219 | -28.5% |
Top Export Markets for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses from New Zealand in 2022:
- Taiwan (Chinese) (30.7 tons)
- Cook Islands (8.1 tons)
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