Australia and Oceania: Frozen Lamb Carcase Market 2020

Frozen Lamb Carcase Market Size in Australia and Oceania

The revenue of the frozen lamb carcase market in Australia and Oceania amounted to $X in 2017, surging by X% against the previous year. The frozen lamb carcase consumption continues to indicate a strong increase. The pace of growth appeared the most rapid in 2009, when market value increased by X% y-o-y. Over the period under review, the frozen lamb carcase market attained its peak figure level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Frozen Lamb Carcase Production in Australia and Oceania

In 2017, approx. X tons of frozen carcases of lamb or sheep were produced in Australia and Oceania; therefore, remained relatively stable against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2008, with an increase of X% year-to-year. The volume of frozen lamb carcase production peaked in 2017, and is likely to see steady growth in the near future.

Frozen Lamb Carcase Exports in Australia and Oceania

In 2017, approx. X tons of frozen carcases of lamb or sheep were exported in Australia and Oceania; jumping by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2013, with an increase of X% against the previous year. The volume of exports peaked of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, frozen lamb carcase exports totaled $X in 2017. The total exports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Frozen Lamb Carcase Exports by Country in Australia and Oceania

The countries with the highest levels of frozen lamb carcase exports in 2017 were Australia (X tons) and New Zealand (X tons), together reaching X% of total export.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Australia (+X% per year).

In value terms, the largest frozen lamb carcase markets worldwide were New Zealand ($X) and Australia ($X), with a combined X% share of total exports.

Australia (+X% per year) experienced the highest growth rate of exports, in terms of the main exporting countries over the last decade.

Frozen Lamb Carcase Export Prices by Country in Australia and Oceania

The frozen lamb carcase export price in Australia and Oceania stood at $X per ton in 2017, increasing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2017, when the export prices increased by X% year-to-year. In that year, the export prices for frozen carcases of lamb or sheep attained their peak level, and is likely to continue its growth in the immediate term.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in New Zealand ($X per ton) and Australia ($X per ton), while Australia ($X per ton) and New Zealand ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Australia (+X% per year).

Frozen Lamb Carcase Imports in Australia and Oceania

In 2017, the amount of frozen carcases of lamb or sheep imported in Australia and Oceania totaled X tons, falling by -X% against the previous year. The frozen lamb carcase imports continue to indicate a temperate deduction. The most prominent rate of growth was recorded in 2013, when imports increased by X% year-to-year. The volume of imports peaked of X tons in 2009; however, from 2010 to 2017, it failed to regain its momentum.

In value terms, frozen lamb carcase imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, the frozen lamb carcase imports attained its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Frozen Lamb Carcase Imports by Country in Australia and Oceania

Papua New Guinea was the key importer of frozen carcases of lamb or sheep in Australia and Oceania, with the volume of imports amounting to X tons, which was near X% of total imports in 2017. Fiji (X tons) held the second position in the ranking, distantly followed by New Zealand (X tons) and Tonga (X tons). All these countries together took near X% share of total imports. The following importers - Samoa (X tons) and French Polynesia (X tons) each accounted for a X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to frozen lamb carcase imports into Papua New Guinea stood at -X%. At the same time, Tonga (+X%) and Fiji (+X%) displayed positive paces of growth. Moreover, Tonga emerged as the fastest growing importer in Australia and Oceania, with a CAGR of +X% from 2007-2017. By contrast, New Zealand (-X%), French Polynesia (-X%) and Samoa (-X%) illustrated a downward trend over the same period. While the share of Papua New Guinea (X%), New Zealand (X%) and Samoa (X%) increased significantly in terms of the global imports from 2007-2017, the share of Tonga (-X%) and Fiji (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Papua New Guinea ($X) constitutes the largest market for imported frozen carcases of lamb or sheep in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by Fiji ($X), with a X% share of global imports. It was followed by New Zealand, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Papua New Guinea amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Fiji (+X% per year) and New Zealand (+X% per year).

Frozen Lamb Carcase Import Prices by Country in Australia and Oceania

The frozen lamb carcase import price in Australia and Oceania stood at $X per ton in 2017, surging by X% against the previous year. The import price indicated a remarkable increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the frozen lamb carcase import price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2010, when the import prices increased by X% year-to-year. The level of import price peaked of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was French Polynesia ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Papua New Guinea (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform