Price for Frozen Lamb Carcasses and Half-Carcasses in Mexico - 2022
Contents:
- Price for Frozen Lamb Carcasses and Half-Carcasses in Mexico (FOB) - 2022
- Price for Frozen Lamb Carcasses and Half-Carcasses in Mexico (CIF) - 2022
- Exports of Frozen Lamb Carcasses and Half-Carcasses in Mexico
- Imports of Frozen Lamb Carcasses and Half-Carcasses in Mexico
Price for Frozen Lamb Carcasses and Half-Carcasses in Mexico (FOB) - 2022
In 2022, the average export price for frozen lamb carcasses and half-carcasseses amounted to $6,083 per ton, waning by -7.1% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 26% against the previous year. As a result, the export price reached the peak level of $6,544 per ton, and then reduced in the following year.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -0.6% per year.
Price for Frozen Lamb Carcasses and Half-Carcasses in Mexico (CIF) - 2022
In 2022, the average import price for frozen lamb carcasses and half-carcasseses amounted to $4,978 per ton, dropping by -2.2% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen lamb carcasses and half-carcasses import price increased by +69.1% against 2016 indices. The growth pace was the most rapid in 2014 when the average import price increased by 48% against the previous year. As a result, import price reached the peak level of $5,306 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($8,607 per ton), while the price for Chile ($1,853 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Frozen Lamb Carcasses and Half-Carcasses in Mexico
After three years of growth, overseas shipments of frozen lamb carcasses and half-carcasseses decreased by -24.4% to 101 tons in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 95% against the previous year. As a result, the exports attained the peak of 133 tons, and then shrank dramatically in the following year.
In value terms, frozen lamb carcasses and half-carcasses exports shrank sharply to $613K in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 146% against the previous year. As a result, the exports attained the peak of $872K, and then shrank rapidly in the following year.
Export of Frozen Lamb Carcasses and Half-Carcasses in Mexico (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 239 | 354 | 872 | 613 | 36.9% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 239 | 354 | 872 | 613 | 36.9% |
Top Export Markets for Frozen Lamb Carcasses and Half-Carcasses from Mexico in 2022:
- United States (100.8 tons)
Imports of Frozen Lamb Carcasses and Half-Carcasses in Mexico
In 2022, after two years of decline, there was significant growth in purchases abroad of frozen lamb carcasses and half-carcasseses, when their volume increased by 12% to 10 tons. Over the period under review, imports, however, continue to indicate a drastic downturn.
In value terms, frozen lamb carcasses and half-carcasses imports amounted to $50K in 2022. In general, imports, however, showed a abrupt shrinkage.
Import of Frozen Lamb Carcasses and Half-Carcasses in Mexico (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 18.0 | 19.3 | 20.1 | 30.6 | 19.3% |
Australia | 29.4 | 20.9 | 14.3 | 9.5 | -31.4% |
New Zealand | 10.9 | 8.3 | 6.1 | 5.2 | -21.9% |
Chile | 7.5 | 6.3 | 5.1 | 4.9 | -13.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 65.8 | 54.8 | 45.6 | 50.2 | -8.6% |
Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to Mexico in 2022:
- United States (5.4 tons)
- Chile (2.6 tons)
- Australia (1.4 tons)
- New Zealand (0.6 tons)
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