In 2023, New Zealand and Australia dominated the global export market for frozen bone-in sheep cuts, commanding significant shares of 48.08% and 39.42% respectively. Both countries saw moderate growth, with a year-on-year variation of 1.63% and 3.08%. Notably, countries with smaller shares, like Greece, Botswana, and Fiji, showcased substantial year-on-year growth at 20.71%, 234.1%, and 21.66%, respectively. Conversely, Canada and the Czech Republic showed significant declines. Despite their smaller shares, European countries like the Netherlands, Romania, and Russia exhibited notable year-on-year growth.
Looking forward, the future landscape of frozen bone-in sheep cuts exports will likely be shaped by emerging markets demonstrating high growth potential, like Botswana and Greece. Additionally, sustained or growing demand from Asia, particularly from China and India, may further influence trends. The robust performance in European countries indicates a potential shift or diversification in market focus. Attention should also be paid to fluctuations in large markets like Canada, which may impact overall dynamics.
Top countries in Export of Frozen Bone-in Sheep Cuts Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 New Zealand | 48.08 | 2023 | +2.52% | +1.63% | View data |
| 2 | 2 Australia | 39.42 | 2023 | +3.72% | +3.08% | View data |
| 3 | 3 Uruguay | 1.51 | 2023 | +2.41% | +1.82% | View data |
| 4 | 4 Netherlands | 1.1 | 2023 | +0.75% | +6.76% | View data |
| 5 | 5 Spain | 1.08 | 2023 | +4.54% | +5.07% | View data |
| 6 | 6 Germany | 0.93 | 2023 | +1.93% | +1.35% | View data |
| 7 | 7 Chile | 0.85 | 2023 | +2.16% | +2.64% | View data |
| 8 | 8 Belgium | 0.84 | 2023 | -0.75% | -1.25% | View data |
| 9 | 9 United Kingdom | 0.82 | 2023 | +0.81% | +0.25% | View data |
| 10 | 10 Iceland | 0.37 | 2023 | +4.12% | +2.86% | View data |
