Price for Frozen Sheep (Including Lamb) Boneless Cuts in Ghana - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Ghana (CIF) - 2022
- Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Ghana
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Ghana (CIF) - 2022
In 2022, the average import price for frozen sheep (including lamb) boneless cutses amounted to $2,600 per ton, surging by 11% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for frozen sheep (including lamb) boneless cutses decreased by -8.2% against 2020 indices. The growth pace was the most rapid in 2019 an increase of 59%. Over the period under review, average import prices hit record highs at $2,832 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($2,530 per ton), while the price for Ireland ($800 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Ghana
In 2022, approx. 314 tons of frozen sheep (including lamb) boneless cutses were imported into Ghana; picking up by 5.4% against the year before. In general, imports showed a relatively flat trend pattern.
In value terms, imports of frozen sheep (including lamb) boneless cutses surged to $816K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 50%. As a result, imports reached the peak of $932K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Frozen Sheep (Including Lamb) Boneless Cuts in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 14.9 | 632 | 110 | 335 | 182.2% |
| Australia | 86.2 | 59.8 | 122 | 96.2 | 3.7% |
| Iceland | N/A | N/A | N/A | 95.9 | 0% |
| Spain | 39.3 | 25.1 | 43.3 | 88.5 | 31.1% |
| New Zealand | 31.6 | 12.9 | 75.7 | 51.5 | 17.7% |
| Belgium | 82.8 | 32.1 | 86.6 | 40.0 | -21.5% |
| Ireland | 118 | 45.6 | 69.1 | 10.2 | -55.8% |
| Others | 250 | 124 | 192 | 98.9 | -26.6% |
| Total | 623 | 932 | 700 | 816 | 9.4% |
Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to Ghana in 2022:
- United Kingdom (132.2 tons)
- Iceland (43.2 tons)
- Spain (40.0 tons)
- Australia (39.8 tons)
- New Zealand (22.3 tons)
- Belgium (16.8 tons)
- Ireland (12.8 tons)
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