Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sri Lanka - 2022
Contents:
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sri Lanka (CIF) - 2022
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sri Lanka (FOB) - 2022
- Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sri Lanka
- Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sri Lanka
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sri Lanka (CIF) - 2022
The average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $6,430 per ton in 2022, picking up by 47% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) increased by +94.3% against 2020 indices. As a result, import price reached 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 Australia amounted to +6.2% per year.
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sri Lanka (FOB) - 2022
The average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $5,000 per ton in 2022, waning by -3.8% against the previous year. In general, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2015 when the average export price increased by 92% against the previous year. As a result, the export price attained the peak level of $12,672 per ton. From 2016 to 2022, the average 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 -7.6% per year.
Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sri Lanka
In 2022, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) into Sri Lanka reduced sharply to 70 tons, shrinking by -27.2% on 2021 figures. Overall, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 198%.
In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) expanded remarkably to $447K in 2022. In general, imports faced a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 293%.
| Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 663 | 106 | 387 | 447 | -12.3% |
| Singapore | 37.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 30.2 | 0.1 | -99.7% |
| Total | 701 | 106 | 417 | 447 | -13.9% |
Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Sri Lanka in 2022:
- Australia (69.6 tons)
Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sri Lanka
After three years of growth, shipments abroad of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) decreased by 99.9% to 1 kg in 2022. In general, exports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2020 when exports increased by 38%.
In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) fell sharply to $5 in 2022. Overall, exports showed a precipitous contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 40%.
| Export of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | N/A | 2.4 | N/A | N/A | 0% |
| Maldives | 11.6 | N/A | 20.8 | N/A | 33.9% |
| Oman | N/A | 13.8 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.6 | 16.2 | 20.8 | N/A | 33.9% |
Top Export Markets for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) from Sri Lanka in 2022:
- Maldives (1.0 kg)
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