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Read Video description, Watch to end for full detailed information and please don't forget to subscribe to this channel for more Business informative videos, Thanks The global sheep population stands at more than 1 billion heads with 19 percent found in Asia and Africa. An average Mongolian eats nearly 50 kilograms of sheep and goat meat a year. The European Union is the largest lamb consumer and number one importer of lamb. Australia is the highest exporter with 2.6 billion dollars up by 42.3 percent from 2016. Fastest growing exporters are Uruguay, Australia and New Zealand. Leading decliners from 2016 to 2020 was India thanks to its minus 61.4 percent drop in exports. The following 10 countries sold the greatest amount of frozen sheep meat on global markets during 2020 by dollar value. Fastest growing exporters were Ireland up by 79.9 percent, and Spain up by 71.7 percent. The pair of decliners over the 5 year period was Belgium and Germany. The revenue of the lamb and sheepmeat market in the Asia Pacific amounted to 26 Billion Dollars in 2018, increasing by 2.2 percent against the previous year. The total market indicated a prominent increase from 2007 to 2018: its value increased at an average annual rate of plus 1.1 percent. China dominates lamb and sheepmeat imports structure, reaching 282 thousand tonnes, which was approximately 64 percent of total imports. Average import price in the Asia Pacific amounted to 4,157 dollars per tonne, coming down by minus 3.3 percent against the previous year. Lamb is the most expensive of the three types of sheep meat. The stronger tasting mutton is now hard to find in many areas. In Australia, the term prime lamb is often used to refer to lambs raised for meat. #SHEEPMEAT #MUTTON #LAMBMEAT "top sheep meat importing countries" "lamb exports by country" "top mutton exporting countries" "u s sheep meat imports by country 2020" "export market for sheep meat" "top 10 sheep producing countries" "sheep meat import to usa" "mutton meat production by country" SOURCES: https://en.wikipedia.org/wiki/Lamb_an... https://www.nationmaster.com/nmx/rank... https://www.worldstopexports.com/top-... https://worldpopulationreview.com/cou... https://www.helgilibrary.com/charts/w... https://www.thesheepsite.com/focus/5m... https://www.globaltrademag.com/china-... http://www.laukutikls.lv/sites/laukut... https://trendeconomy.com/data/commodi... https://www.worldatlas.com/articles/t...