AHDB: Q1 sees sheep meat exports boosted and imports falling
Imports of fresh and frozen sheep meat have grown throughout the first quarter, with an increase of 2,400 tonnes from January to March. Imports for the month of March totalled 4,750 tonnes, an increase of 1,150 tonnes from February, but a drop of 2,200 tonnes from March 2022. This has contributed to imports in Q1 2023 sitting 6,300 tonnes behind the 5-year average for this time period.
Frozen lamb legs made up 35% of total imports during Q1, at 3,700 tonnes. This sits over 300 tonnes above the previous five-year average, as the market share of frozen lamb legs has risen from 17% in 2018. Fresh lamb legs made up 13% of the total during Q1, at 1,400 tonnes, down from a peak of 34% in 2018. Fresh lamb legs saw an uplift in imports from February to March, up 600 tonnes. A similar pattern was seen in 2022, with an uplift during this time period. Frozen boneless lamb totalled 1,800 tonnes during Q1, 17% of total imports.
Imports from New Zealand have fallen to 6,100 tonnes in Q1, down almost 5,500 tonnes from the 5-year average, and 2,500 tonnes down on 2022 levels. Key products, such as fresh lamb legs have seen a considerable drop in volumes totalling just under 1,000 tonnes in Q1 2023, down from the 5-year average of 4,100 tonnes. Destinations of New Zealand’s sheep exports have been evolving, so we could see further falls in imports in the future.
Exports of fresh and frozen sheep meat were up 22% in Q1 compared to last year by 3,800 tonnes. This is an increase of 2,700 tonnes (14%) on the 5-year average. This has been driven by an additional 2,600 tonnes being exported in March compared to February. Export volumes in March are also up 2,100 tonnes year on year. One aspect of this could be the falling domestic consumption of lamb.
Carcase volumes provided much of the uplift on the month and year, totalling 17,300 tonnes for Q1. Volumes sent in March totalled 7,100 tonnes, up 2,000 tonnes on February, and up 1,600 tonnes from March 2022. Carcase volumes are up 3,100 tonnes on Q1 2022, and up 4,800 tonnes from the 5-year average. Carcases made up 82% of total sheep meat exports in Q1 2023, in line with 2022 levels.
Tighter supplies in the EU are set to remain, as production is down, which could boost our exports in the meantime. Exports to France have grown 20% from Q1 of 2022, up 1,600 tonnes and sit 1,800 tonnes (22%) above the previous 5-year average. The majority of this volume is fresh lamb carcases, which for the year to date (Jan-Mar) sit 3,000 tonnes up on the 5-year average. March saw exports of lamb carcases to France hit 3,300 tonnes, the highest level seen in the past five years. Exports have also grown to Germany where they totalled 3,900 tonnes for Q1, up nearly 700 tonnes from Q1 2022 and 500 tonnes up on the 5-year average.
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