Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Ghana - 2022
Contents:
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Ghana (CIF) - 2022
- Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Ghana
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Ghana (CIF) - 2022
The average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $1,876 per ton in 2022, shrinking by -22.5% against the previous year. Overall, the import price, however, showed slight growth. The pace of growth was the most pronounced in 2018 an increase of 48%. The import price peaked at $2,423 per ton in 2021, and then shrank notably in the following year.
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 the Netherlands ($16,348 per ton), while the price for Spain ($1,427 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Ghana
For the fourth consecutive year, Ghana recorded growth in purchases abroad of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses), which increased by 43% to 1.9K tons in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) rose significantly to $3.5M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 67% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 182 | 267 | 636 | 931 | 72.3% |
| Australia | 91.9 | 95.5 | 890 | 778 | 103.8% |
| Ireland | 127 | 179 | 242 | 243 | 24.1% |
| New Zealand | 102 | 667 | 163 | 229 | 30.9% |
| Spain | 26.2 | 152 | 257 | 195 | 95.2% |
| Netherlands | 27.8 | 347 | 759 | 185 | 88.1% |
| Belgium | 163 | 63.6 | 45.1 | 67.7 | -25.4% |
| Others | 1,564 | 128 | 175 | 891 | -17.1% |
| Total | 2,284 | 1,900 | 3,168 | 3,519 | 15.5% |
Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Ghana in 2022:
- United Kingdom (506.5 tons)
- Australia (404.5 tons)
- Spain (136.7 tons)
- New Zealand (101.3 tons)
- Ireland (60.8 tons)
- Belgium (35.3 tons)
- Netherlands (11.3 tons)
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