Price for Frozen Lamb Carcasses and Half-Carcasses in Myanmar - 2021

Contents:

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

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

In 2021, the average export price for frozen lamb carcasses and half-carcasseses amounted to $5,000 per ton, remaining relatively unchanged against the previous year. Overall, the export price recorded a mild expansion. The most prominent rate of growth was recorded in 2015 a decrease of 99.9% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2014 to 2021, the rate of growth in terms of prices for China amounted to 0.0% per year.

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

In 2022, the average import price for frozen lamb carcasses and half-carcasseses amounted to $13,590 per ton, remaining constant against the previous year. Overall, the import price recorded temperate growth. The pace of growth was the most pronounced in 2019 an increase of 98% against the previous year. The import price peaked at $14,225 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($54,222 per ton), while the price for Singapore totaled $13,151 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was attained by China (+81.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Frozen Lamb Carcasses and Half-Carcasses in Myanmar

In 2021, exports of frozen lamb carcasses and half-carcasseses from Myanmar declined notably to 89 tons, reducing by -53.6% against 2020 figures. Over the period under review, exports continue to indicate a precipitous slump.

In value terms, frozen lamb carcasses and half-carcasses exports declined notably to $445K in 2021. In general, exports continue to indicate a significant decrease.

Export of Frozen Lamb Carcasses and Half-Carcasses in Myanmar (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
Singapore144445209.0%
Hong Kong SAR75.0N/A0%
China740N/A0%
OthersN/AN/A0%
Total959445-53.6%

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

  1. Singapore (89.0 tons)

Imports of Frozen Lamb Carcasses and Half-Carcasses in Myanmar

Frozen lamb carcasses and half-carcasses imports into Myanmar amounted to 842 kg in 2022, almost unchanged from the previous year's figure. Overall, imports continue to indicate a sharp curtailment. The smallest decline of -82.8% was in 2020.

In value terms, frozen lamb carcasses and half-carcasses imports stood at $11K in 2022. Over the period under review, imports saw a precipitous decline. The smallest decline of -78.3% was in 2020.

Import of Frozen Lamb Carcasses and Half-Carcasses in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore55.619.7N/A11.0-41.7%
Australia3.81.1N/A0.5-49.1%
China45.32.0N/AN/A-95.6%
Others0.60.1N/AN/A-83.3%
Total10522.9N/A11.4-52.3%

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

  1. Singapore (833.0 kg)
  2. Australia (9.0 kg)

Source: IndexBox Market Intelligence Platform

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