In 2023, Australia led the global frozen boneless sheep cuts market with a share of 44.83%, although experiencing a moderate annual growth of 1.28%. New Zealand, the second largest exporter with 28.33%, saw a decline of 2.24%. Notable growth was observed in smaller markets, with Iceland and Greece increasing by 6.97% and 25.21% respectively. Uruguay and France witnessed the most significant declines of -6.47% and -14.43%. Botswana surged by 198.12%, albeit from a low base.
Future trends suggest potential for emerging markets like Kuwait with a 43.35% increase and Norway's consistent growth of 16.42%. Continued decline in larger markets like China could reshape shares in the coming years, with evolving trade policies and environmental factors influencing exports.
Top countries in Export of Frozen Boneless Sheep Cuts Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 44.83 | 2023 | +0.2% | +1.28% | View data |
| 2 | 2 New Zealand | 28.33 | 2023 | -2.53% | -2.24% | View data |
| 3 | 3 Ireland | 6.1 | 2023 | +2.88% | +4.19% | View data |
| 4 | 4 Spain | 5.39 | 2023 | +1.41% | +1.27% | View data |
| 5 | 5 Netherlands | 3.51 | 2023 | +2.21% | +4.35% | View data |
| 6 | 6 United Kingdom | 2.55 | 2023 | +0.79% | +2.47% | View data |
| 7 | 7 Belgium | 1.99 | 2023 | -2.18% | -0.61% | View data |
| 8 | 8 Germany | 1.7 | 2023 | -0.37% | +1.33% | View data |
| 9 | 9 Uruguay | 1.1 | 2023 | -6.66% | -6.47% | View data |
| 10 | 10 Iceland | 0.68 | 2023 | +3.76% | +6.97% | View data |