Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Vietnam - 2022

Contents:

  1. Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Vietnam (CIF) - 2022
  2. Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Vietnam

Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Vietnam (CIF) - 2022

The average import price for frozen sheep (excluding lamb) carcasses and half-carcasseses stood at $5,275 per ton in 2022, with an increase of 6.9% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% 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 (excluding lamb) carcasses and half-carcasseses increased by +66.6% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 37%. Over the period under review, average import prices reached the maximum in 2022 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 Pakistan amounted to +18.1% per year.

Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Vietnam

For the fourth year in a row, Vietnam recorded growth in overseas purchases of frozen sheep (excluding lamb) carcasses and half-carcasseses, which increased by 4.5% to 327 kg in 2022. The total import volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of frozen sheep (excluding lamb) carcasses and half-carcasseses rose markedly to $1.7K in 2022. The total import value increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia0.51.51.51.750.4%
Tanzania0.7N/AN/AN/A0%
Mauritania0.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.41.51.51.76.7%

Top Suppliers of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Vietnam in 2022:

  1. Australia (327.0 kg)

Source: IndexBox Market Intelligence Platform

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