Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Bangladesh - 2022
Contents:
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Bangladesh (FOB) - 2022
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Bangladesh (CIF) - 2022
- Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Bangladesh
- Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Bangladesh
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Bangladesh (FOB) - 2022
In 2022, the average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $8,449 per ton, dropping by -4.6% against the previous year. Over the period under review, the export price saw a abrupt decline. The growth pace was the most rapid in 2016 when the average export price increased by 7.1% against the previous year. Over the period under review, the average export prices attained the maximum at $14,595 per ton in 2012; however, from 2013 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 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to -5.0% per year.
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Bangladesh (CIF) - 2022
In 2022, the average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $12,179 per ton, almost unchanged from the previous year. Overall, the import price, however, enjoyed strong growth. The growth pace was the most rapid in 2014 an increase of 80% against the previous year. The import price peaked at $12,217 per ton in 2021, and then dropped 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 South Korea ($27,968 per ton), while the price for Turkey ($3,731 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Bangladesh
After two years of decline, overseas shipments of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) increased by 141% to 8 tons in 2022. Over the period under review, exports, however, recorded a abrupt setback.
In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) soared to $68K in 2022. Overall, exports, however, continue to indicate a abrupt setback.
| Export of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 83.0 | 56.2 | 29.4 | 42.8 | -19.8% |
| Others | N/A | N/A | N/A | 24.8 | 0% |
| Total | 83.0 | 56.2 | 29.4 | 67.6 | -6.6% |
Top Export Markets for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) from Bangladesh in 2022:
- Maldives (4.9 tons)
Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Bangladesh
Imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) into Bangladesh declined significantly to 1.4 tons in 2022, reducing by -79.6% on 2021. In general, imports saw a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 94%.
In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) dropped dramatically to $17K in 2022. Overall, imports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of 116% against the previous year.
| Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 60.1 | 26.0 | 54.9 | 40.3 | -12.5% |
| Malaysia | 11.1 | 11.0 | 25.9 | 19.0 | 19.6% |
| South Korea | N/A | N/A | N/A | 6.9 | 0% |
| Singapore | 1.2 | 1.7 | 3.5 | 4.8 | 58.7% |
| Turkey | 0.5 | 0.5 | 0.4 | 0.5 | 0.0% |
| India | 17.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | -54.4 | 0% |
| Total | 90.4 | 39.2 | 84.6 | 17.2 | -42.5% |
Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Bangladesh in 2022:
- Australia (3.0 tons)
- Malaysia (2.0 tons)
- Singapore (0.5 tons)
- South Korea (0.2 tons)
- Turkey (0.1 tons)
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