Price for Frozen Lamb Carcasses and Half-Carcasses in Japan - 2023
Contents:
- Price for Frozen Lamb Carcasses and Half-Carcasses in Japan (CIF) - 2022
- Imports of Frozen Lamb Carcasses and Half-Carcasses in Japan
Price for Frozen Lamb Carcasses and Half-Carcasses in Japan (CIF) - 2022
The average import price for frozen lamb carcasses and half-carcasseses stood at $7,436 per ton in 2022, surging by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2019 an increase of 14%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Chile ($8,516 per ton) and Iceland ($7,893 per ton), while the price for Australia ($6,810 per ton) and New Zealand ($7,439 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Frozen Lamb Carcasses and Half-Carcasses in Japan
In 2022, frozen lamb carcasses and half-carcasses imports into Japan soared to 690 tons, rising by 90% against the year before. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen lamb carcasses and half-carcasses imports surged to $5.1M in 2022. Overall, imports enjoyed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Frozen Lamb Carcasses and Half-Carcasses in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 1,509 | 1,950 | 844 | 2,605 | 20.0% |
| Australia | 279 | 487 | 294 | 1,191 | 62.2% |
| Iceland | 1,423 | 1,108 | 611 | 900 | -14.2% |
| Chile | N/A | N/A | 98.5 | 434 | 340.6% |
| Argentina | 79.2 | 348 | 596 | N/A | 174.3% |
| Others | N/A | N/A | 2.0 | 3.3 | 65.0% |
| Total | 3,290 | 3,894 | 2,446 | 5,133 | 16.0% |
Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to Japan in 2022:
- New Zealand (350.2 tons)
- Australia (174.9 tons)
- Iceland (114.0 tons)
- Chile (50.9 tons)
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