Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in New Zealand - 2023
Contents:
- Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in New Zealand (FOB) - 2023
- Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in New Zealand (CIF) - 2022
- Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in New Zealand
- Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in New Zealand
Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in New Zealand (FOB) - 2023
The average export price for fresh or chilled lamb carcasses and half-carcasseses stood at $7,960 per ton in December 2023, increasing by 8.4% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $8,631 per ton in December 2022; however, from January 2023 to December 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In December 2023, the highest price was recorded for prices to the United Arab Emirates ($8,085 per ton) and Bahrain ($8,070 per ton), while the average price for exports to Papua New Guinea ($6,998 per ton) and Malaysia ($7,493 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 Australia (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in New Zealand (CIF) - 2022
In 2022, the average import price for fresh or chilled lamb carcasses and half-carcasseses amounted to $6,631 per ton, standing approx. at the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 a decrease of 99.9%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2020 to 2022, the rate of growth in terms of prices for Australia amounted to +0.1% per year.
Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in New Zealand
In 2022, overseas shipments of fresh or chilled lamb carcasses and half-carcasseses decreased by -51.3% to 168 tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a precipitous shrinkage. The growth pace was the most rapid in 2020 when exports increased by 3.2% against the previous year. As a result, the exports reached the peak of 388 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of fresh or chilled lamb carcasses and half-carcasseses declined remarkably to $1.5M in 2022. In general, exports faced a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 6.5% against the previous year. As a result, the exports reached the peak of $2.9M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Fresh or Chilled Lamb Carcasses and Half-Carcasses in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 323 | 551 | 563 | 510 | 16.4% |
| Oman | 630 | 622 | 354 | 416 | -12.9% |
| Bahrain | 300 | 390 | 364 | 302 | 0.2% |
| Qatar | 84.9 | 82.9 | 221 | 114 | 10.3% |
| New Caledonia | 436 | 417 | 397 | 73.7 | -44.7% |
| Saudi Arabia | 102 | 161 | 132 | 53.6 | -19.3% |
| United Arab Emirates | 153 | 121 | 115 | 32.3 | -40.5% |
| France | 156 | 49.0 | 32.8 | 18.7 | -50.7% |
| Others | 535 | 501 | 572 | 4.2 | -80.1% |
| Total | 2,719 | 2,895 | 2,750 | 1,525 | -17.5% |
Top Export Markets for Fresh or Chilled Lamb Carcasses and Half-Carcasses from New Zealand in 2022:
- Kuwait (55.8 tons)
- Oman (45.6 tons)
- Bahrain (32.4 tons)
- Qatar (12.9 tons)
- New Caledonia (9.7 tons)
- Saudi Arabia (6.2 tons)
- United Arab Emirates (3.4 tons)
- France (2.0 tons)
Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in New Zealand
In 2022, imports of fresh or chilled lamb carcasses and half-carcasseses into New Zealand stood at 7 tons, almost unchanged from 2021 figures. Over the period under review, imports recorded a sharp decrease. The smallest decline of 99.9% was in 2021.
In value terms, imports of fresh or chilled lamb carcasses and half-carcasseses totaled $46K in 2022. Overall, imports showed a dramatic shrinkage. The smallest decline of 99.9% was in 2021.
| Import of Fresh or Chilled Lamb Carcasses and Half-Carcasses in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Australia | 2.0 | N/A | 46.4 | 381.7% | |
| Others | 90.7 | N/A | N/A | 0% | |
| Total | 92.7 | N/A | 46.4 | -29.3% | |
Top Suppliers of Fresh or Chilled Lamb Carcasses and Half-Carcasses to New Zealand in 2022:
- Australia (7.0 tons)
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