Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in India - 2022
Contents:
- Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in India (FOB) - 2022
- Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in India (CIF) - 2022
- Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in India
- Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in India
Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in India (FOB) - 2022
The average export price for fresh or chilled sheep (including lamb) boneless cutses stood at $3,358 per ton in 2022, waning by -12.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2013 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices attained the maximum at $4,566 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($8,366 per ton), while the average price for exports to Gambia ($252 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 Kuwait (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in India (CIF) - 2022
The average import price for fresh or chilled sheep (including lamb) boneless cutses stood at $2,591 per ton in 2022, jumping by 25% against the previous year. Over the period under review, the import price, however, showed a deep slump. The pace of growth was the most pronounced in 2013 an increase of 27% against the previous year. As a result, import price attained the peak level of $19,167 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
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 the United States amounted to +72.6% per year.
Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in India
Exports of fresh or chilled sheep (including lamb) boneless cutses from India declined sharply to 21 tons in 2022, with a decrease of -65.1% compared with the year before. In general, exports recorded a sharp shrinkage. The smallest decline of -40.9% was in 2021.
In value terms, exports of fresh or chilled sheep (including lamb) boneless cutses declined sharply to $69K in 2022. Over the period under review, exports faced a sharp decrease. The smallest decline of -44.8% was in 2021.
| Export of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 2,033 | 3,092 | 3,198 | 3,201 | 16.3% |
| Mauritius | 2,269 | 1,028 | 2,242 | 1,880 | -6.1% |
| United Arab Emirates | 63.6 | 628 | 90.6 | 215 | 50.1% |
| Maldives | 90.1 | 136 | 168 | 141 | 16.1% |
| Gambia | 99.5 | 143 | 139 | 131 | 9.6% |
| Malaysia | 196 | 214 | 159 | 114 | -16.5% |
| Others | -4,004.8 | -4,829.1 | -5,768.1 | -5,613.1 | 11.9% |
| Total | 746 | 412 | 227 | 69.3 | -54.7% |
Top Export Markets for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts from India in 2022:
- Qatar (787.9 tons)
- Mauritius (662.8 tons)
- Gambia (521.1 tons)
- Maldives (42.9 tons)
- United Arab Emirates (30.9 tons)
- Malaysia (20.9 tons)
Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in India
In 2022, after three years of growth, there was significant decline in supplies from abroad of fresh or chilled sheep (including lamb) boneless cutses, when their volume decreased by -68.8% to 5.8 tons. Over the period under review, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 345% against the previous year.
In value terms, imports of fresh or chilled sheep (including lamb) boneless cutses dropped sharply to $15K in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 197% against the previous year.
| Import of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 4.0 | 0.8 | 10.7 | 9.9 | 35.3% |
| United States | 3.8 | 8.3 | N/A | N/A | 118.4% |
| Others | N/A | 14.0 | 27.7 | 5.0 | -40.2% |
| Total | 7.8 | 23.1 | 38.4 | 14.9 | 24.1% |
Top Suppliers of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts to India in 2022:
- Australia (2.1 tons)
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