Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Australia - 2023

Contents:

1. Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Australia (FOB) - 2023
2. Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Australia (CIF) - 2022
3. Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Australia
4. Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Australia

Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Australia (FOB) - 2023

The average export price for fresh or chilled lamb carcasses and half-carcasseses stood at $5,701 per ton in December 2023, increasing by 4.5% against the previous month. In general, the export price, however, recorded a slight decrease. The export price peaked at $7,200 per ton in February 2023; however, from March 2023 to December 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In December 2023, the highest price was recorded for prices to Jordan ($7,431 per ton) and Saudi Arabia ($6,322 per ton), while the average price for exports to Iran ($5,273 per ton) and the United Arab Emirates ($5,640 per ton) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Australia (CIF) - 2022

The average import price for fresh or chilled lamb carcasses and half-carcasseses stood at $8,238 per ton in 2022, standing approx. at the previous year. In general, the import price recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 when the average import price increased by 6.5%. The import price peaked at $182,505 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($8,304 per ton), while the price for the UK amounted to $8,031 per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (-53.8%).

Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Australia

For the third year in a row, Australia recorded decline in overseas shipments of fresh or chilled lamb carcasses and half-carcasseses, which decreased by -9.9% to 13K tons in 2022. Over the period under review, exports showed a precipitous setback.

In value terms, exports of fresh or chilled lamb carcasses and half-carcasseses dropped to $101M in 2022. Overall, exports saw a significant contraction.

Top Export Markets for Fresh or Chilled Lamb Carcasses and Half-Carcasses from Australia in 2022:

1. United Arab Emirates (6.9K tons)
2. Qatar (4.0K tons)
3. Kuwait (1.9K tons)
4. Jordan (0.3K tons)

Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Australia

For the third year in a row, Australia recorded decline in purchases abroad of fresh or chilled lamb carcasses and half-carcasseses, which decreased by 0% to 2 tons in 2022. In general, imports showed a precipitous descent. The smallest decline of -78.9% was in 2020.

In value terms, imports of fresh or chilled lamb carcasses and half-carcasseses totaled $17K in 2022. Over the period under review, imports recorded a significant contraction. The smallest decline of -77.5% was in 2020.

Top Suppliers of Fresh or Chilled Lamb Carcasses and Half-Carcasses to Australia in 2022:

1. New Zealand (1.5 tons)
2. United Kingdom (0.5 tons)

Source: IndexBox Market Intelligence Platform