Price for Frozen Sheep (Including Lamb) Boneless Cuts in Iran - 2022

Contents:

  1. Price for Frozen Sheep (Including Lamb) Boneless Cuts in Iran (CIF) - 2022
  2. Price for Frozen Sheep (Including Lamb) Boneless Cuts in Iran (FOB) - 2022
  3. Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Iran
  4. Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Iran

Price for Frozen Sheep (Including Lamb) Boneless Cuts in Iran (CIF) - 2022

The average import price for frozen sheep (including lamb) boneless cutses stood at $6,359 per ton in 2022, shrinking by -22.3% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% 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 -1.0% against 2017 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 68% against the previous year. The import price peaked at $8,183 per ton in 2021, and then shrank dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($28,657 per ton), while the price for Australia ($5,740 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+27.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Frozen Sheep (Including Lamb) Boneless Cuts in Iran (FOB) - 2022

The average export price for frozen sheep (including lamb) boneless cutses stood at $8,338 per ton in 2022, declining by -5.6% against the previous year. In general, the export price, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2014 an increase of 150% against the previous year. Over the period under review, the average export prices hit record highs at $8,835 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($20,856 per ton), while the average price for exports to France ($2,385 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+21.7%), while the prices for the other major destinations experienced a decline.

Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Iran

In 2022, after two years of decline, there was significant growth in purchases abroad of frozen sheep (including lamb) boneless cutses, when their volume increased by 1,052% to 3.1 tons. Overall, imports, however, showed a sharp contraction.

In value terms, imports of frozen sheep (including lamb) boneless cutses surged to $20K in 2022. Over the period under review, imports, however, showed a sharp setback.

Import of Frozen Sheep (Including Lamb) Boneless Cuts in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia13232.11.917.5-49.0%
United Arab Emirates20.94.80.32.4-51.4%
Others2.40.90.10.1-65.3%
Total15537.82.220.0-49.5%

Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to Iran in 2022:

  1. Australia (3.1 tons)
  2. United Arab Emirates (0.1 tons)

Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Iran

In 2022, the amount of frozen sheep (including lamb) boneless cutses exported from Iran reduced rapidly to 450 kg, with a decrease of -26.4% on 2021. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 111%. As a result, the exports reached the peak of 611 kg, and then fell notably in the following year.

In value terms, exports of frozen sheep (including lamb) boneless cutses shrank sharply to $3.8K in 2022. Overall, exports, however, showed a measured expansion. The growth pace was the most rapid in 2021 with an increase of 156%. As a result, the exports reached the peak of $5.4K, and then shrank remarkably in the following year.

Export of Frozen Sheep (Including Lamb) Boneless Cuts in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia2.81.74.32.80.0%
France0.50.30.90.66.3%
GermanyN/AN/A0.20.4100.0%
Others0.1N/AN/AN/A0%
Total3.42.15.43.83.8%

Top Export Markets for Frozen Sheep (Including Lamb) Boneless Cuts from Iran in 2022:

  1. France (249.0 kg)
  2. Saudi Arabia (181.0 kg)
  3. Germany (19.0 kg)

Source: IndexBox Market Intelligence Platform

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