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

Contents:

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

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

In 2022, the average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $22,919 per ton, surging by 106% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level 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 Spain amounted to +67.3% per year.

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

For the third consecutive year, Myanmar recorded decline in supplies from abroad of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses), which decreased by -2.1% to 2.5 tons in 2022. Overall, imports recorded a dramatic descent.

In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) soared to $58K in 2022. In general, imports continue to indicate a precipitous contraction.

Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia30915324.158.0-42.7%
Singapore4.35.74.6N/A3.4%
New Zealand59.744.1N/AN/A-26.1%
OthersN/A4.1N/AN/A0%
Total37320628.758.0-46.2%

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

  1. Australia (2.5 tons)

Source: IndexBox Market Intelligence Platform

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