Eastern Asia: Frozen Lamb Carcase Market 2020

Frozen Lamb Carcase Market Size in Eastern Asia

The revenue of the frozen lamb carcase market in Eastern Asia amounted to $X in 2017, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The frozen lamb carcase consumption continues to indicate a strong growth. The pace of growth appeared the most rapid in 2013, with an increase of X% against the previous year. The level of frozen lamb carcase consumption peaked in 2017, and is expected to retain its growth in the immediate term.

Frozen Lamb Carcase Exports in Eastern Asia

The exports totaled X tons in 2017, going up by X% against the previous year. The frozen lamb carcase exports continue to indicate an abrupt setback. The most prominent rate of growth was recorded in 2014, when exports increased by X% against the previous year. The volume of exports peaked of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, frozen lamb carcase exports stood at $X in 2017. The frozen lamb carcase exports continue to indicate a perceptible slump. The level of exports peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Frozen Lamb Carcase Exports by Country in Eastern Asia

In 2017, China (X tons) represented the major exporter for frozen carcases of lamb or sheep, achieving X% of total exports. It was distantly followed by China, Hong Kong SAR (X tons), mixed up X% share of total exports.

Exports from China decreased at an average annual rate of -X% from 2007 to 2017. China, Hong Kong SAR experienced a relatively flat trend pattern. From 2007 to 2017, the share of China and China, Hong Kong SAR increased by X% and X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest frozen lamb carcase supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global exports.

In China, frozen lamb carcase exports declined by an average annual rate of -X% over the period from 2007-2017.

Frozen Lamb Carcase Export Prices by Country in Eastern Asia

The frozen lamb carcase export price in Eastern Asia stood at $X per ton in 2017, jumping by X% against the previous year. The export price indicated a significant expansion 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 export price increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2015, when the export prices increased by X% year-to-year. Over the period under review, the export prices for frozen carcases of lamb or sheep reached its peak figure level in 2017, and is likely to continue its growth in the near future.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in China ($X per ton) and China, Hong Kong SAR ($X per ton), while China, Hong Kong SAR ($X per ton) and China ($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 China (+X% per year).

Frozen Lamb Carcase Imports in Eastern Asia

In 2017, the amount of frozen carcases of lamb or sheep imported in Eastern Asia totaled X tons, rising by X% against the previous year. The frozen lamb carcase imports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2013, when it surged by X% year-to-year. The volume of imports peaked of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, frozen lamb carcase imports stood at $X in 2017. The frozen lamb carcase imports continue to indicate a remarkable increase. Over the period under review, the frozen lamb carcase imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Frozen Lamb Carcase Imports by Country in Eastern Asia

China dominates frozen lamb carcase imports structure, reaching X tons, which was approx. X% of total imports in 2017. It was distantly followed by Taiwan, Chinese (X tons), constituting X% share of total imports. The following importers - China, Hong Kong SAR (X tons), Japan (X tons) and South Korea (X tons) together made up X% of total imports.

China was also the fastest growing in terms of the frozen carcases of lamb or sheep imports, with a CAGR of +X% from 2007 to 2017. At the same time, South Korea (+X%) and China, Hong Kong SAR (+X%) displayed positive paces of growth. By contrast, Japan (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of South Korea, China, Hong Kong SAR and China decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported frozen carcases of lamb or sheep in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

In China, frozen lamb carcase imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Taiwan, Chinese (+X% per year) and Japan (+X% per year).

Frozen Lamb Carcase Import Prices by Country in Eastern Asia

The frozen lamb carcase import price in Eastern Asia stood at $X per ton in 2017, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2010, when the import prices increased by X% against the previous 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 Japan ($X per ton), while China ($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 South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform