Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Korea - 2022
Contents:
- Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Korea (CIF) - 2022
- Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Korea
Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Korea (CIF) - 2022
The average import price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses stood at $2,819 per ton in 2022, approximately equating the previous year. In general, the import price, however, recorded a slight setback. The pace of growth was the most pronounced in 2019 when the average import price increased by 89%. As a result, import price reached the peak level of $6,227 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -1.2% per year.
Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Korea
In 2022, after three years of growth, there was decline in overseas purchases of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses, when their volume decreased by -0.2% to 69 tons. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 395% against the previous year.
In value terms, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses reduced slightly to $196K in 2022. In general, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 124%.
| Import of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 87.2 | 60.1 | 196 | 196 | 31.0% |
| Italy | N/A | 135 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 87.2 | 195 | 196 | 196 | 31.0% |
Top Suppliers of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses to South Korea in 2022:
- Australia (69.5 tons)
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