Lamb Price in Australia
Latest price
10.96 AUD/kg
Australia is the world's largest exporter of sheepmeat, and in 2023 became the first country ever to account for more than half of all lamb and mutton traded internationally. Source: Meat & Livestock Australia.
Over the past 12 months it ranged from 10.55 AUD/kg (Jan 16, 2026) to 12.52 AUD/kg (Jul 8, 2026), -6.4% vs. a year earlier.
Australia is the world's 3rd-largest producer (7.3% of global output, FAOSTAT 2023). Australia is the world's 1st-largest exporter (41.9% of global exports, FAOSTAT 2023).
Price Chart
How this year compares, month by month, to the typical pattern of recent years for the selected region.
Currency, unit and inflation conversions are explained in how agri.markets sources and calculates prices.
Price data table
Recent prices
| Period | Price (AUD/kg) | Change |
|---|---|---|
| Sep 24, 2026 | 10.96 | -0.9% |
| Sep 23, 2026 | 11.06 | -0.8% |
| Sep 22, 2026 | 11.14 | -0.5% |
| Sep 21, 2026 | 11.2 | -0.1% |
| Sep 20, 2026 | 11.21 | +0.0% |
| Sep 19, 2026 | 11.21 | +0.0% |
| Sep 18, 2026 | 11.21 | -0.1% |
| Sep 17, 2026 | 11.22 | -2.4% |
| Sep 16, 2026 | 11.49 | -0.2% |
| Sep 15, 2026 | 11.51 | -2.2% |
| Sep 14, 2026 | 11.78 | -0.8% |
| Sep 13, 2026 | 11.87 | +0.0% |
Annual averages
| Year | Average (AUD/kg) | Change |
|---|---|---|
| 2026 (year to date) | 11.63 | +17.6% |
| 2025 | 9.9 | +33.2% |
| 2024 | 7.43 | +24.8% |
| 2023 | 5.96 | -23.8% |
| 2022 | 7.82 | -9.3% |
| 2021 | 8.63 | +7.7% |
| 2020 | 8.01 | +3.8% |
| 2019 | 7.72 | +11.7% |
| 2018 | 6.91 | +10.5% |
| 2017 | 6.25 | +11.4% |