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

Contents:

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

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

In 2022, the average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $26,041 per ton, shrinking by -7.6% against the previous year. Over the period under review, the import price showed a slight decline. The most prominent rate of growth was recorded in 2018 an increase of 48% against the previous year. As a result, import price reached the peak level of $31,660 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to +4.8% per year.

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

In 2022, the amount of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) imported into Peru was estimated at 1.7 tons, growing by 1.7% on 2021 figures. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) contracted to $45K in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. As a result, imports attained the peak of $48K, and then dropped in the following year.

Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile30.632.145.144.713.5%
OthersN/AN/A2.4N/A0%
Total30.632.147.544.713.5%

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

  1. Chile (1.7 tons)

Source: IndexBox Market Intelligence Platform

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