Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Nepal - 2022

Contents:

  1. Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Nepal (CIF) - 2022
  2. Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Nepal

Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Nepal (CIF) - 2022

In 2022, the average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $26,403 per ton, rising by 73% against the previous year. Over the period under review, the import price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of 94% against the previous year. The import price peaked 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 2012 to 2022, the rate of growth in terms of prices for India amounted to +14.8% per year.

Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Nepal

In 2022, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) into Nepal rose markedly to 2 tons, picking up by 7.9% against the year before. Over the period under review, imports, however, saw a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year.

In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) skyrocketed to $54K in 2022. Overall, imports showed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia44.118.528.854.17.0%
Others0.20.20.3N/A22.5%
Total44.318.829.054.16.9%

Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Nepal in 2022:

  1. Australia (2.0 tons)

Source: IndexBox Market Intelligence Platform

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