Price for Frozen Lamb Carcasses and Half-Carcasses in Brazil - 2023

Contents:

  1. Price for Frozen Lamb Carcasses and Half-Carcasses in Brazil (FOB) - 2022
  2. Price for Frozen Lamb Carcasses and Half-Carcasses in Brazil (CIF) - 2022
  3. Exports of Frozen Lamb Carcasses and Half-Carcasses in Brazil
  4. Imports of Frozen Lamb Carcasses and Half-Carcasses in Brazil

Price for Frozen Lamb Carcasses and Half-Carcasses in Brazil (FOB) - 2022

In 2022, the average export price for frozen lamb carcasses and half-carcasseses amounted to $11,215 per ton, declining by -1.8% against the previous year. In general, export price indicated strong growth from 2018 to 2022: its price increased at an average annual rate of +8.8% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen lamb carcasses and half-carcasses export price decreased by -16.8% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 68%. As a result, the export price reached the peak level of $13,475 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malta ($12,782 per ton), while the average price for exports to Hong Kong SAR ($8,086 per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Frozen Lamb Carcasses and Half-Carcasses in Brazil (CIF) - 2022

The average import price for frozen lamb carcasses and half-carcasseses stood at $5,078 per ton in 2022, growing by 6.6% against the previous year. Over the period under review, the import price showed a mild expansion. The growth pace was the most rapid in 2018 when the average import price increased by 35% against the previous year. The import price peaked at $5,079 per ton in 2019; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +42.0% per year.

Exports of Frozen Lamb Carcasses and Half-Carcasses in Brazil

For the fourth consecutive year, Brazil recorded growth in overseas shipments of frozen lamb carcasses and half-carcasseses, which increased by 29% to 5.2 tons in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 102%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, frozen lamb carcasses and half-carcasses exports surged to $58K in 2022. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 52%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Frozen Lamb Carcasses and Half-Carcasses in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Marshall Islands3.79.613.413.052.0%
Liberia3.83.76.510.741.2%
Panama4.54.82.75.03.6%
Greece0.72.93.64.890.0%
Malta6.05.55.54.2-11.2%
Singapore0.71.32.34.078.8%
Cyprus0.20.31.43.0146.6%
Hong Kong SAR0.41.32.12.686.6%
Qatar0.60.50.5N/A-8.7%
Others3.15.98.110.650.7%
Total23.736.045.958.134.8%

Top Export Markets for Frozen Lamb Carcasses and Half-Carcasses from Brazil in 2022:

  1. Marshall Islands (1118.0 kg)
  2. Liberia (961.0 kg)
  3. Panama (500.0 kg)
  4. Greece (414.0 kg)
  5. Singapore (370.0 kg)
  6. Hong Kong SAR (327.0 kg)
  7. Malta (326.0 kg)
  8. Cyprus (284.0 kg)

Imports of Frozen Lamb Carcasses and Half-Carcasses in Brazil

After three years of growth, supplies from abroad of frozen lamb carcasses and half-carcasseses decreased by -62.2% to 7 tons in 2022. Overall, imports, however, posted a strong increase. The pace of growth appeared the most rapid in 2020 when imports increased by 93%.

In value terms, frozen lamb carcasses and half-carcasses imports contracted remarkably to $36K in 2022. In general, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 92% against the previous year.

Import of Frozen Lamb Carcasses and Half-Carcasses in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay26.350.588.635.610.6%
OthersN/AN/AN/AN/A0%
Total26.350.588.635.610.6%

Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to Brazil in 2022:

  1. Uruguay (7.0 tons)

Source: IndexBox Market Intelligence Platform

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