U.S. - Lamb And Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2025

U.S. - Lamb And Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights

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Lamb and Sheep Meat Prices in the United States

U.S. Lamb and Sheep Meat Import Price per Ton in August 2022

In August 2022, the lamb and sheep meat price per ton stood at $10.5K (CIF, US), falling by -1.9% against the previous month. Over the period from January 2022 to August 2022, it increased at an average monthly rate of +2.3%. The pace of growth appeared the most rapid in March 2022 when the average import price increased by 18% month-to-month. The import price peaked at $11.6K per ton in April 2022; however, from May 2022 to August 2022, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was New Zealand ($15.3K per ton), while the price for Australia stood at $9.8K per ton.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.7%).

U.S. Lamb and Sheep Meat Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was fresh or chilled sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) ($15.9K per ton), while the price for frozen sheep (excluding lamb) carcasses and half-carcasses ($1.1K per ton) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by fresh or chilled lamb carcasses and half-carcasses (+2.8%), while the prices for the other products experienced more modest paces of growth.

U.S. Lamb and Sheep Meat Imports

In August 2022, imports of lamb and sheep meat into the United States reduced to 12K tons, waning by -6.7% against the previous month. Over the period under review, imports saw a mild reduction. The most prominent rate of growth was recorded in March 2022 with an increase of 51% m-o-m. As a result, imports attained the peak of 14K tons. From April 2022 to August 2022, the growth of imports remained at a somewhat lower figure.

In value terms, lamb and sheep meat imports dropped to $123M (IndexBox estimates) in August 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 with an increase of 79% m-o-m. As a result, imports attained the peak of $151M. From April 2022 to August 2022, the growth of imports failed to regain momentum.

U.S. Lamb and Sheep Meat Imports by Type

Frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) (4K tons), fresh or chilled sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) (2.6K tons) and frozen sheep (including lamb) boneless cuts (2.1K tons) were the main products of lamb and sheep meat imports to the United States, together accounting for 74% of total imports. Fresh or chilled sheep (including lamb) boneless cuts, frozen sheep (excluding lamb) carcasses and half-carcasses, frozen lamb carcasses and half-carcasses, fresh or chilled sheep (excluding lamb) carcasses and half-carcasses and fresh or chilled lamb carcasses and half-carcasses lagged somewhat behind, together accounting for a further 26%.

From January 2022 to August 2022, the biggest increases were in fresh or chilled lamb carcasses and half-carcasses (with a CAGR of +30.6%), while purchases for the other products experienced more modest paces of growth.

In value terms, frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) ($44M), fresh or chilled sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) ($41M) and frozen sheep (including lamb) boneless cuts ($22M) appeared to be the most imported types of lamb and sheep meat in the United States, together accounting for 86% of total imports. Fresh or chilled sheep (including lamb) boneless cuts, frozen sheep (excluding lamb) carcasses and half-carcasses, frozen lamb carcasses and half-carcasses, fresh or chilled lamb carcasses and half-carcasses and fresh or chilled sheep (excluding lamb) carcasses and half-carcasses lagged somewhat behind, together accounting for a further 14%.

U.S. Lamb and Sheep Meat Imports by Country

In August 2022, Australia (9.6K tons) constituted the largest supplier of lamb and sheep meat to the United States, accounting for a 82% share of total imports. Moreover, lamb and sheep meat imports from Australia exceeded the figures recorded by the second-largest supplier, New Zealand (1.8K tons), fivefold.

From January 2022 to August 2022, the average monthly growth rate of volume from Australia totaled -1.9%.

In value terms, Australia ($94M) constituted the largest supplier of lamb and sheep meat to the United States, comprising 76% of total imports. The second position in the ranking was taken by New Zealand ($27M), with a 22% share of total imports.

From January 2022 to August 2022, the average monthly growth rate of value from Australia was relatively modest.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for lamb and sheep meat in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 977 - Meat of sheep

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035
  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012-2024
    6. Imports, In Value Terms, By Country, 2012-2024
    7. Import Prices, By Country, 2012-2024
    8. Exports, In Physical Terms, By Country, 2012-2024
    9. Exports, In Value Terms, By Country, 2012-2024
    10. Exports Prices, By Country, 2012-2024
  12. LIST OF FIGURES

    1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, by Product
    11. Average Per Capita Consumption, by Product
    12. Exports and Growth, by Product
    13. Export Prices and Growth, by Product
    14. Production Volume and Growth
    15. Yield and Growth
    16. Exports and Growth
    17. Export Prices and Growth
    18. Market Size and Growth
    19. Per Capita Consumption
    20. Imports and Growth
    21. Import Prices
    22. Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Producing Animals: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
    26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    28. Imports, in Physical Terms, by Country, 2024
    29. Imports, in Physical Terms, by Country, 2012-2024
    30. Imports, in Value Terms, by Country, 2012-2024
    31. Import Prices, by Country, 2012-2024
    32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    34. Exports, in Physical Terms, by Country, 2024
    35. Exports, in Physical Terms, by Country, 2012-2024
    36. Exports, in Value Terms, by Country, 2012-2024
    37. Export Prices, by Country, 2012-2024
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