In 2023, Australia led the global export market for fresh or chilled bone-in sheep cuts with a 41.59% share, followed by New Zealand at 34.02%. The UK and Ireland had significant shares as well, at 10.26% and 7.69%, respectively. Most notable year-on-year changes were seen in Portugal's impressive growth of 26.15%, while the United States and India showed negative trends with declines of 11.59% and 13.47%. The United Kingdom, Netherlands, and Singapore demonstrated moderate growth, signifying resilient demand in those regions.
Future trends to watch include increased market dynamics driven by demand fluctuations in Europe and realignment in North America. Continued expansion in the Asia-Pacific region could reshape export shares. Additionally, environmental and regulatory changes might influence trade patterns, promoting sustainable and localized production methods globally.
Top countries in Export of Fresh or Chilled Bone-in Sheep Cuts Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 41.59 | 2023 | +2.66% | +2.25% | View data |
| 2 | 2 New Zealand | 34.02 | 2023 | +1.2% | +0.76% | View data |
| 3 | 3 United Kingdom | 10.26 | 2023 | +3.47% | +4.02% | View data |
| 4 | 4 Ireland | 7.69 | 2023 | +3.15% | +3.42% | View data |
| 5 | 5 Netherlands | 2.6 | 2023 | +5.19% | +4.41% | View data |
| 6 | 6 Belgium | 1.93 | 2023 | -4.17% | -5.24% | View data |
| 7 | 7 France | 1.62 | 2023 | +1.12% | +0.06% | View data |
| 8 | 8 Spain | 0.79 | 2023 | +3.6% | +2.75% | View data |
| 9 | 9 Germany | 0.42 | 2023 | +1.27% | +1.27% | View data |
| 10 | 10 Italy | 0.29 | 2023 | +5.55% | +2.45% | View data |
