New Zealand dominates the global export market of frozen sheep carcasses, holding 61.91% of the share, showing a slight year-on-year growth of 1.79%. Australia, as a secondary exporter, experienced a decline of 6.23%, holding 14.96%. Spain and Moldova showed growth rates of 4.41% and 3.07% respectively, contributing 6.34% and 3.76%. Meanwhile, Italy demonstrated notable growth at 7.39%, though its share remains low at 1.72%. Significant declines were observed in Uruguay and Namibia, with -12.52% and -17.1% respectively. Furthermore, Portugal faced a sharp decrease of 33.38%, with minimal export share. Over five years, New Zealand maintained robust overall performance, leveraging its vast sheep farming industry.
Future trends to watch include potential demand surges from growing Asian and Middle Eastern markets, driven by increasing protein consumption. However, environmental and ethical concerns could impact production and export policies, particularly in key markets. Continuous diversification strategies and adherence to sustainable practices are critical for countries to maintain and expand their market share in frozen sheep carcass exports.
Top countries in Export of Frozen Sheep Carcasses and Half Carcasses Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 New Zealand | 61.91 | 2023 | +2.37% | +1.79% | View data |
| 2 | 2 Australia | 14.96 | 2023 | -5.97% | -6.23% | View data |
| 3 | 3 Spain | 6.34 | 2023 | +5.97% | +4.41% | View data |
| 4 | 4 Moldova | 3.76 | 2023 | +3.98% | +3.07% | View data |
| 5 | 5 Romania | 3.01 | 2023 | +6.13% | +3.13% | View data |
| 6 | 6 Singapore | 2.88 | 2023 | +6.77% | +1.28% | View data |
| 7 | 7 Italy | 1.72 | 2023 | +5.51% | +7.39% | View data |
| 8 | 8 India | 1 | 2023 | +0.4% | +3.19% | View data |
| 9 | 9 Uruguay | 0.93 | 2023 | -9.14% | -12.52% | View data |
| 10 | 10 Mongolia | 0.86 | 2023 | +5.73% | +2.69% | View data |
