Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Indonesia - 2022

Contents:

  1. Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Indonesia (CIF) - 2022
  2. Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Indonesia

Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Indonesia (CIF) - 2022

In March 2022, the average import price for frozen sheep (excluding lamb) carcasses and half-carcasseses amounted to $5,438 per ton, standing approximately at the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2021 when the average import price increased by 31% m-o-m. Over the period under review, average import prices reached the peak figure at $6,357 per ton in September 2021; however, from October 2021 to March 2022, 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 March 2021 to March 2022, the rate of growth in terms of prices for Australia amounted to -0.7% per month.

Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Indonesia

After two years of decline, overseas purchases of frozen sheep (excluding lamb) carcasses and half-carcasseses increased by 377% to 1.5K tons in 2022. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of frozen sheep (excluding lamb) carcasses and half-carcasseses skyrocketed to $8M in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia2.71.41.68.043.6%
New Zealand0.10.10.2N/A41.4%
OthersN/AN/AN/AN/A0%
Total2.91.61.88.040.2%

Top Suppliers of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Indonesia in 2022:

  1. Australia (1.5K tons)

Source: IndexBox Market Intelligence Platform

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