Latin America and the Caribbean: Fresh Lamb Carcase Market 2020

Fresh Lamb Carcase Market Size in Latin America and the Caribbean

The revenue of the fresh lamb carcase market in Latin America and the Caribbean amounted to $X in 2017, growing by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. The level of fresh lamb carcase consumption peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Fresh Lamb Carcase Production in Latin America and the Caribbean

The fresh lamb carcase production amounted to X tons in 2017, remaining stable against the previous year. The fresh lamb carcase production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009, when it surged by X% against the previous year. The volume of fresh lamb carcase production peaked in 2017, and is likely to see steady growth in the immediate term.

Fresh Lamb Carcase Exports in Latin America and the Caribbean

In 2017, the amount of fresh or chilled carcases lamb or sheep exported in Latin America and the Caribbean totaled X tons, remaining stable against the previous year. The fresh lamb carcase exports continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2012, with an increase of X% year-to-year. The volume of exports peaked of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, fresh lamb carcase exports stood at $X in 2017. The fresh lamb carcase exports continue to indicate a noticeable decline. Over the period under review, the fresh lamb carcase exports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Fresh Lamb Carcase Exports by Country in Latin America and the Caribbean

Uruguay dominates fresh lamb carcase exports structure, resulting at X tons, which was approx. X% of total exports in 2017. Venezuela (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Argentina (X%) and Barbados (X%). The following exporters - the Dominican Republic (X tons) and Brazil (X tons) each resulted at a X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to fresh lamb carcase exports from Uruguay stood at -X%. At the same time, Venezuela (+X%), Brazil (+X%) and Barbados (+X%) displayed positive paces of growth. Moreover, Venezuela emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Argentina (-X%) and the Dominican Republic (-X%) illustrated a downward trend over the same period. While the share of the Dominican Republic (X%) and Uruguay (X%) increased significantly in terms of the global exports from 2007-2017, the share of Venezuela (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uruguay ($X) remains the largest fresh lamb carcase supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Barbados ($X), with a X% share of global exports. It was followed by Venezuela, with a X% share.

In Uruguay, fresh lamb carcase exports remained relatively stable over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Barbados (+X% per year) and Venezuela (+X% per year).

Fresh Lamb Carcase Export Prices by Country in Latin America and the Caribbean

In 2017, the fresh lamb carcase export price in Latin America and the Caribbean amounted to $X per ton, rising by X% against the previous year. The fresh lamb carcase export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, an increase of X% year-to-year. The level of export price peaked of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Barbados ($X per ton), while Argentina ($X per ton) was amongst the lowest.

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

Fresh Lamb Carcase Imports in Latin America and the Caribbean

The imports stood at X tons in 2017, going up by X% against the previous year. The fresh lamb carcase imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013, with an increase of X% y-o-y. In that year, the fresh lamb carcase imports attained their peak volume of X tons. From 2014 to 2017, growth of the fresh lamb carcase imports stood at a somewhat lower level.

In value terms, fresh lamb carcase imports totaled $X in 2017. The total imports indicated a measured increase 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. In that year, the fresh lamb carcase imports attained their peak level of $X. From 2014 to 2017, growth of the fresh lamb carcase imports failed to regain its momentum.

Fresh Lamb Carcase Imports by Country in Latin America and the Caribbean

The imports of the three major importers of fresh or chilled carcases lamb or sheep, namely Brazil, Bahamas and Jamaica, represented more than two-thirds of total import. It was distantly followed by Mexico (X tons), constituting X% share of total imports. The following importers - Barbados (X tons) and Belize (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Belize (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Bahamas ($X), Brazil ($X) and Jamaica ($X) constituted the countries with the highest levels of imports in 2017, together accounting for X% of total imports. These countries were followed by Mexico, Belize and Barbados, which together accounted for a further X%.

Among the main importing countries , Belize (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Fresh Lamb Carcase Import Prices by Country in Latin America and the Caribbean

The fresh lamb carcase import price in Latin America and the Caribbean stood at $X per ton in 2017, lowering by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2010, when the import prices increased by X% against the previous year. The level of import price peaked of $X per ton in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Belize ($X per ton), while Brazil ($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 Mexico (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform