Meat of sheep, fresh or chilled — Producer Price in Australia

Australia: Meat of sheep, fresh or chilled — Producer Price was 4,065 LCU in 2024. ◆ Volatile

Latest (2024)
4,065 LCU
Change on year
down 12.2%
World rank
67th
of 73 countries
All-time high
7,574 LCU
in 2022
All-time low
857 LCU
in 1993
Years of data
30
1991–2024

Meat of sheep, fresh or chilled — Producer Price in Australia, 1991–2024

02.0k4.0k6.0k8.0k1991200720241991: 1.1k LCU1992: 1.4k LCU1993: 857 LCU1994: 974 LCU1995: 1.0k LCU1996: 1.4k LCU1997: 1.5k LCU1998: 1.4k LCU1999: 1.4k LCU2000: 1.3k LCU2001: 1.6k LCU2002: 2.7k LCU2003: 2.7k LCU2004: 3.2k LCU2005: 2.9k LCU2006: 2.9k LCU2007: 2.6k LCU2008: 2.7k LCU2009: 3.3k LCU2010: 3.9k LCU2011: 4.9k LCU2012: 4.7k LCU2013: 3.2k LCU2014: 3.1k LCU2015: 3.0k LCU2020: 7.0k LCU2021: 6.6k LCU2022: 7.6k LCU2023: 4.6k LCU2024: 4.1k LCU

Source: Food and Agriculture Organization of the United Nations. Measured in LCU.

Analysis

Australia recorded 4,065 LCU for meat of sheep, fresh or chilled — producer price in 2024.

The figure is down 12.2% on the previous year and up 31.4% over ten years.

Over the whole period, meat of sheep, fresh or chilled — producer price in Australia peaked at 7,574 LCU in 2022 and was at its lowest, 857 LCU, in 1993.

That places Australia 67th out of 73 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Meat of sheep, fresh or chilled — Producer Price in Australia, year by year

Annual values for Meat of sheep, fresh or chilled — Producer Price (LCU/tonne) in Australia, 1991 to 2024.
Year LCU Change
1991 1,090 LCU
1992 1,382 LCU +26.8%
1993 857 LCU -38.0%
1994 974 LCU +13.7%
1995 1,023 LCU +5.0%
1996 1,385 LCU +35.4%
1997 1,477 LCU +6.6%
1998 1,407 LCU -4.7%
1999 1,377 LCU -2.1%
2000 1,275 LCU -7.4%
2001 1,589 LCU +24.6%
2002 2,666 LCU +67.8%
2003 2,713 LCU +1.8%
2004 3,153 LCU +16.2%
2005 2,940 LCU -6.8%
2006 2,901 LCU -1.3%
2007 2,584 LCU -10.9%
2008 2,710 LCU +4.9%
2009 3,265 LCU +20.5%
2010 3,903 LCU +19.5%
2011 4,885 LCU +25.2%
2012 4,740 LCU -3.0%
2013 3,153 LCU -33.5%
2014 3,094 LCU -1.9%
2015 2,998 LCU -3.1%
2020 7,013 LCU +133.9%
2021 6,597 LCU -5.9%
2022 7,574 LCU +14.8%
2023 4,632 LCU -38.8%
2024 4,065 LCU -12.2%

Australia compared with similar countries

  • Australia's 4,065 LCU is below the median for high income countries, which is 10,047 LCU, 40% of the median. (32 countries reporting)

Biggest year-on-year movements

Years where Meat of sheep, fresh or chilled — Producer Price in Australia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2020 +133.9% 2,998 LCU 7,013 LCU

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,219 LCU 857 LCU 1,477 LCU 9
2000s 2,580 LCU 1,275 LCU 3,265 LCU 10
2010s 3,796 LCU 2,998 LCU 4,885 LCU 6
2020s 5,976 LCU 4,065 LCU 7,574 LCU 5

Countries ranked near Australia

  1. 64 Finland 4,879 LCU compare
  2. 65 Latvia 4,875 LCU compare
  3. 66 Spain 4,420 LCU compare
  4. 68 Estonia 3,862 LCU compare
  5. 69 Poland 3,724 LCU compare
  6. 70 Slovenia 3,423 LCU compare

See the full ranking of 76 places →

More economy & growth data for Australia

All data for Australia →

Frequently asked questions

What is meat of sheep, fresh or chilled — producer price in Australia?
Meat of sheep, fresh or chilled — producer price in Australia was 4,065 LCU in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest meat of sheep, fresh or chilled — producer price recorded in Australia?
The highest recorded value was 7,574 LCU in 2022.
What is the lowest meat of sheep, fresh or chilled — producer price recorded in Australia?
The lowest recorded value was 857 LCU in 1993.
How does Australia rank for meat of sheep, fresh or chilled — producer price?
Australia ranks 67th out of 73 countries with data for 2024.
Is meat of sheep, fresh or chilled — producer price rising or falling in Australia?
Over the last ten years it is up 31.4%. The long-run trend across the full record is volatile.
Where does this Australia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Meat of sheep, fresh or chilled — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.

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Meat of sheep, fresh or chilled — Producer Price in Australia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 15 September 2026, from https://economy.statizoid.com/stat/meat-of-sheep-fresh-or-chilled-producer-price-lcu-tonne/australia/

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About this data

Indicator
Meat of sheep, fresh or chilled — Producer Price (LCU/tonne)
Unit
LCU
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
76 places, 1,418 data points, 1991–2024
Last refreshed

This sub-domain contains data on agriculture producer prices and the producer price index. Agriculture producer prices are prices received by farmers for primary crops, live animals and livestock primary products as collected at the point of initial sale (prices paid at the farm gate). Annual data are provided from 1991 (while mothly data start in January 2010) for 180 countries and 212 products. The producer price index is the index of agricultural producer prices that measures the average annual change over time in the selling prices received by farmers (prices at the farm gate or at the first point of sale). The three categories of producer price index available in FAOSTAT comprise: single-item price index, commodity group index and the agriculture producer price index.