In 2023, France led the global import share of fresh or chilled sheep carcasses and half carcasses with a 27.29% share, followed by the United Arab Emirates at 16.34%, and Italy at 11.73%. Among these countries, France and Bahrain experienced the most significant positive annual growth rates of 3.38% and 5.33%, respectively. Conversely, imports in South Africa fell sharply by 8.99%. Notably, smaller markets like Switzerland showed significant growth with a 29.38% increase. Over the last five years, the compound annual growth rate highlights volatile trade patterns, where the Middle East remains a dominant region for imports.
Future trends to monitor include potential growth in emerging markets like Malaysia, which recently showed a significant 14.65% increase, signaling a shift in demand dynamics. Additionally, the sustainability and environmental impacts of livestock trade might influence import patterns, prompting shifts towards regions with more eco-friendly practices. Monitoring geopolitical tensions and trade regulations will also be crucial in predicting future import trends in this market.
Top countries in Import of Fresh or Chilled Sheep Carcasses and Half Carcasses Share by Country (Kilograms)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 France | 27.29 | 2023 | +4.52% | +3.38% | View data |
2 | 2 United Arab Emirates | 16.34 | 2023 | -0.084% | -0.014% | View data |
3 | 3 Italy | 11.73 | 2023 | +3.16% | +2.69% | View data |
4 | 4 Jordan | 10.66 | 2023 | +0.93% | +1.43% | View data |
5 | 5 Saudi Arabia | 9.16 | 2023 | +0.92% | +2.51% | View data |
6 | 6 Bahrain | 7.41 | 2023 | +2.53% | +5.33% | View data |
7 | 7 Kuwait | 5.43 | 2023 | +4.54% | +2.96% | View data |
8 | 8 South Africa | 3.28 | 2023 | -5.83% | -8.99% | View data |
9 | 9 Qatar | 2.65 | 2023 | -6.16% | -4.55% | View data |
10 | 10 Ireland | 0.87 | 2023 | +5.32% | +3.39% | View data |