Price for Frozen Lamb Carcasses and Half-Carcasses in Algeria - 2022
Contents:
- Price for Frozen Lamb Carcasses and Half-Carcasses in Algeria (CIF) - 2022
- Imports of Frozen Lamb Carcasses and Half-Carcasses in Algeria
Price for Frozen Lamb Carcasses and Half-Carcasses in Algeria (CIF) - 2022
In 2022, the average import price for frozen lamb carcasses and half-carcasseses amounted to $5,856 per ton, growing by 7.6% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen lamb carcasses and half-carcasses import price increased by +68.5% against 2014 indices. The growth pace was the most rapid in 2016 an increase of 12% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($9,322 per ton), while the price for Spain amounted to $3,785 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+12.4%).
Imports of Frozen Lamb Carcasses and Half-Carcasses in Algeria
For the fourth year in a row, Algeria recorded growth in supplies from abroad of frozen lamb carcasses and half-carcasseses, which increased by 2.3% to 192 tons in 2022. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 2.3% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, frozen lamb carcasses and half-carcasses imports expanded notably to $1.1M in 2022. The total import value increased at an average annual rate of +10.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 10%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Frozen Lamb Carcasses and Half-Carcasses in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 544 | 580 | 617 | 568 | 1.4% |
| New Zealand | 299 | 349 | 405 | 407 | 10.8% |
| Others | N/A | N/A | N/A | 150 | 0% |
| Total | 843 | 928 | 1,022 | 1,125 | 10.1% |
Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to Algeria in 2022:
- Spain (150.0 tons)
- New Zealand (43.7 tons)
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