In 2023, New Zealand led in global exports of fresh or chilled boneless sheep cuts, accounting for 37.96% of the market. Australia followed with 28.94%, while Ireland and the United Kingdom captured 18.68% and 5.57% respectively. Other notable contributors included Belgium at 3.91% and the Netherlands with 2.62%. The market saw varying year-on-year changes, with notable increases from the Netherlands (6.9%) and Denmark (7.46%), while the United States experienced a significant decrease (-25.31%). Over a five-year period, the compound annual growth rate (CAGR) indicates stable growth for most leading players in this market.
Looking ahead, future trends to watch include the continued growth potential in emerging markets and possible shifts in global trade policies affecting exports. Innovations in supply chain and cold storage technologies could further enhance export capacities and efficiencies, significantly impacting market dynamics among leading exporters.
Top countries in Export of Fresh or Chilled Boneless Sheep Cuts Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 New Zealand | 37.96 | 2023 | +2.39% | +2.44% | View data |
| 2 | 2 Australia | 28.94 | 2023 | +2.55% | +2.8% | View data |
| 3 | 3 Ireland | 18.68 | 2023 | +3.9% | +4.11% | View data |
| 4 | 4 United Kingdom | 5.57 | 2023 | +2.89% | +3.28% | View data |
| 5 | 5 Belgium | 3.91 | 2023 | +2.91% | +2.17% | View data |
| 6 | 6 Netherlands | 2.62 | 2023 | +3.89% | +6.9% | View data |
| 7 | 7 France | 0.81 | 2023 | +0.15% | -0.48% | View data |
| 8 | 8 Germany | 0.37 | 2023 | -2.42% | -2.61% | View data |
| 9 | 9 Iceland | 0.21 | 2023 | +5.69% | +3.3% | View data |
| 10 | 10 Singapore | 0.12 | 2023 | +5.76% | +5.19% | View data |
