In 2023, Australia led the global export of frozen boneless sheep cuts by a significant margin, accounting for 46.22% of the market share, followed by New Zealand with 28.52%. The Netherlands, Ireland, and Spain had shares of 4.4%, 3.53%, and 3.14%, respectively. The United Kingdom and Germany also maintained notable shares, while other countries made up a smaller portion of the market.
Year-on-year, Australia saw a 3.41% increase in 2023, while New Zealand faced a slight decline. Notable growth was observed in markets such as Canada and Botswana, with 86.21% and 124.46% increases respectively, indicating emerging export potential. Conversely, countries like China, Saudi Arabia, and Finland experienced decreases.
Future trends to watch include potential shifts in market leadership driven by economic and climatic factors, which may affect supply chains and export capacities. Furthermore, emerging markets with significant year-on-year growth could increase their presence in the frozen boneless sheep meat market.
Top countries in Export of Frozen Boneless Sheep Cuts Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 46.22 | 2023 | +3.35% | +3.41% | View data |
| 2 | 2 New Zealand | 28.52 | 2023 | +0.51% | -0.13% | View data |
| 3 | 3 Netherlands | 4.4 | 2023 | +2.81% | +4.75% | View data |
| 4 | 4 Ireland | 3.53 | 2023 | +4% | +4.17% | View data |
| 5 | 5 Spain | 3.14 | 2023 | +2.14% | +1.75% | View data |
| 6 | 6 Belgium | 2.75 | 2023 | +0.33% | +1.76% | View data |
| 7 | 7 Germany | 2.28 | 2023 | +1.06% | +2.52% | View data |
| 8 | 8 United Kingdom | 1.57 | 2023 | +1.2% | +1.27% | View data |
| 9 | 9 Uruguay | 1.02 | 2023 | -4.43% | -4.67% | View data |
| 10 | 10 Chile | 0.4 | 2023 | +2.15% | -1.95% | View data |