Price for Frozen Sheep (Including Lamb) Boneless Cuts in Sri Lanka - 2022
Contents:
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Sri Lanka (CIF) - 2022
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Sri Lanka (FOB) - 2022
- Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Sri Lanka
- Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Sri Lanka
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Sri Lanka (CIF) - 2022
In 2022, the average import price for frozen sheep (including lamb) boneless cutses amounted to $8,665 per ton, increasing by 7.7% against the previous year. In general, the import price recorded a strong increase. The most prominent rate of growth was recorded in 2013 an increase of 72%. The import price peaked in 2022 and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +10.7% per year.
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Sri Lanka (FOB) - 2022
In 2022, the average export price for frozen sheep (including lamb) boneless cutses amounted to $6,333 per ton, declining by -17.7% against the previous year. Over the period under review, the export price recorded a perceptible descent. The growth pace was the most rapid in 2018 an increase of 16% against the previous year. The export price peaked at $9,355 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2017 to 2022, the rate of growth in terms of prices for Maldives amounted to +31.7% per year.
Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Sri Lanka
In 2022, approx. 134 tons of frozen sheep (including lamb) boneless cutses were imported into Sri Lanka; with a decrease of -42.7% against the year before. In general, imports recorded a sharp shrinkage. The growth pace was the most rapid in 2021 when imports increased by 29%.
In value terms, imports of frozen sheep (including lamb) boneless cutses reduced remarkably to $1.2M in 2022. Overall, imports showed a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 52%.
Import of Frozen Sheep (Including Lamb) Boneless Cuts in Sri Lanka (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 2.7 | 1.2 | 1.9 | 0.6 | -39.4% |
Singapore | 0.1 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | 0.5 | 0% |
Total | 2.8 | 1.2 | 1.9 | 1.2 | -24.6% |
Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to Sri Lanka in 2022:
- Australia (57.1 tons)
Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Sri Lanka
Exports of frozen sheep (including lamb) boneless cutses from Sri Lanka dropped markedly to 760 kg in 2022, waning by -20.3% on 2021 figures. In general, exports recorded a drastic downturn. The smallest decline of -10.8% was in 2021.
In value terms, exports of frozen sheep (including lamb) boneless cutses dropped sharply to $4.8K in 2022. Over the period under review, exports faced a precipitous decrease. The smallest decline of -19% was in 2021.
Export of Frozen Sheep (Including Lamb) Boneless Cuts in Sri Lanka (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Maldives | N/A | 94.0 | 76.0 | -19.1% | |
Oman | 57.0 | N/A | N/A | 0% | |
Others | 9,015 | 7,250 | 4,737 | -27.5% | |
Total | 9,072 | 7,344 | 4,813 | -27.2% |
Top Export Markets for Frozen Sheep (Including Lamb) Boneless Cuts from Sri Lanka in 2022:
- Maldives (12.0 kg)
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