Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Iran - 2022

Contents:

  1. Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Iran (CIF) - 2022
  2. Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Iran (FOB) - 2022
  3. Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Iran
  4. Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Iran

Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Iran (CIF) - 2022

The average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $3,633 per ton in 2022, rising by 9.7% against the previous year. In general, the import price, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 29% against the previous year. The import price peaked at $5,014 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Australia ($4,047 per ton), while the price for Mongolia amounted to $2,622 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+47.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Iran (FOB) - 2022

In 2022, the average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $7,256 per ton, flattening at the previous year. In general, the export price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 113%. Over the period under review, the average export prices hit record highs at $12,000 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($8,020 per ton), while the average price for exports to France ($4,045 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 Oman (+6.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Iran

Imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) into Iran reduced to 283 tons in 2022, which is down by -9.3% against 2021. Overall, imports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 23%.

In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) contracted slightly to $1M in 2022. In general, imports recorded a sharp contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 1%.

Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mongolia0.50.10.30.3-15.7%
Australia2.40.40.40.1-65.3%
Russia1.0N/AN/AN/A0%
Kazakhstan7.4N/AN/AN/A0%
Germany0.8N/AN/AN/A0%
Georgia1.1N/AN/AN/A0%
Azerbaijan1.9N/AN/AN/A0%
Others0.60.50.30.60.0%
Total15.81.01.01.0-60.1%

Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Iran in 2022:

  1. Mongolia (108.3 tons)
  2. Australia (23.9 tons)

Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Iran

In 2022, after two years of decline, there was significant growth in overseas shipments of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses), when their volume increased by 8.6% to 403 kg. In general, exports, however, recorded a sharp shrinkage.

In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) rose markedly to $2.9K in 2022. Over the period under review, exports, however, continue to indicate a precipitous descent.

Export of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman4.32.42.12.2-20.0%
France1.10.50.30.2-43.3%
Slovenia0.30.20.20.1-30.7%
Poland0.6N/AN/AN/A0%
OthersN/AN/A0.10.3200.0%
Total6.23.12.72.9-22.4%

Top Export Markets for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) from Iran in 2022:

  1. Oman (324.0 kg)
  2. France (56.0 kg)
  3. Slovenia (18.0 kg)

Source: IndexBox Market Intelligence Platform

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