Irish sheepmeat exports experienced a third consecutive year of growth in 2022, with a 17% increase in value reaching €475 million and a 10% rise in volume to 75,000t. Despite these positive figures, high input costs led to disappointing lamb prices for farmers. The first half of the year saw tight global supplies and stable consumer demand, resulting in strong prices for producers, while the second half was affected by higher production costs and poor grass-growing conditions. This impacted the availability of lambs for processing, reducing demand in key markets due to inflation and the availability of UK and southern hemisphere sheepmeat.