Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Greece - 2023

Contents:

  1. Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Greece (FOB) - 2023
  2. Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Greece (CIF) - 2023
  3. Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Greece
  4. Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Greece

Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Greece (FOB) - 2023

In October 2023, the average export price for fresh or chilled lamb carcasses and half-carcasseses amounted to $9,775 per ton, growing by 5.3% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 50% month-to-month. Over the period under review, the average export prices attained the peak figure at $10,101 per ton in April 2023; however, from May 2023 to October 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Spain ($10,426 per ton), while the average price for exports to Albania ($5,877 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Greece (CIF) - 2023

The average import price for fresh or chilled lamb carcasses and half-carcasseses stood at $4,139 per ton in October 2023, falling by -17.2% against the previous month. Overall, import price indicated a tangible expansion from October 2022 to October 2023: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for fresh or chilled lamb carcasses and half-carcasseses decreased by -27.7% against July 2023 indices. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 47% m-o-m. Over the period under review, average import prices hit record highs at $8,014 per ton in February 2023; however, from March 2023 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($6,223 per ton), while the price for Romania stood at $3,404 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by North Macedonia (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Greece

In 2022, approx. 5.7K tons of fresh or chilled lamb carcasses and half-carcasseses were exported from Greece; with a decrease of -14.6% against 2021. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. As a result, the exports reached the peak of 6.6K tons, and then reduced in the following year.

In value terms, exports of fresh or chilled lamb carcasses and half-carcasseses contracted significantly to $45M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 76% against the previous year. As a result, the exports reached the peak of $58M, and then declined dramatically in the following year.

Export of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy15.717.732.320.59.3%
Spain9.28.213.111.57.7%
Portugal2.11.87.26.041.9%
RomaniaN/A0.30.71.3108.2%
Bulgaria0.3N/A0.21.258.7%
Albania0.30.30.20.944.2%
Croatia1.41.01.20.9-13.7%
DenmarkN/A0.10.70.8182.8%
Cyprus3.02.71.30.7-38.4%
Others1.50.60.61.2-7.2%
Total33.532.757.545.010.3%

Top Export Markets for Fresh or Chilled Lamb Carcasses and Half-Carcasses from Greece in 2022:

  1. Italy (2388.3 tons)
  2. Spain (1321.8 tons)
  3. Portugal (707.7 tons)
  4. Romania (345.6 tons)
  5. Denmark (208.9 tons)
  6. Albania (197.0 tons)
  7. Bulgaria (159.9 tons)
  8. Croatia (109.4 tons)
  9. Cyprus (93.9 tons)

Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Greece

For the third year in a row, Greece recorded decline in supplies from abroad of fresh or chilled lamb carcasses and half-carcasseses, which decreased by -6.4% to 1.9K tons in 2022. In general, imports showed a abrupt descent. The smallest decline of -2.4% was in 2020.

In value terms, imports of fresh or chilled lamb carcasses and half-carcasseses dropped to $8.1M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of $9.3M, and then fell in the following year.

Import of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania4.55.85.04.3-1.5%
Spain1.20.91.92.222.4%
North Macedonia0.91.22.01.415.9%
SerbiaN/AN/A0.30.1-66.7%
Bulgaria1.2N/A0.1N/A-71.1%
Others0.30.10.10.1-30.7%
Total8.28.09.38.1-0.4%

Top Suppliers of Fresh or Chilled Lamb Carcasses and Half-Carcasses to Greece in 2022:

  1. Romania (1267.5 tons)
  2. Spain (339.1 tons)
  3. North Macedonia (199.5 tons)
  4. Serbia (35.6 tons)
  5. Bulgaria (5.3 tons)

Source: IndexBox Market Intelligence Platform

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