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

Contents:

  1. Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Lithuania (FOB) - 2022
  2. Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Lithuania (CIF) - 2022
  3. Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Lithuania
  4. Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Lithuania

Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Lithuania (FOB) - 2022

The average export price for fresh or chilled lamb carcasses and half-carcasseses stood at $8,687 per ton in 2022, waning by -9.9% against the previous year. In general, the export price, however, continues to indicate moderate growth. The most prominent rate of growth was recorded in 2017 an increase of 66% against the previous year. As a result, the export price attained the peak level of $10,156 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +1.0% per year.

Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Lithuania (CIF) - 2022

In 2022, the average import price for fresh or chilled lamb carcasses and half-carcasseses amounted to $35,383 per ton, increasing by 323% against the previous year. Over the period under review, the import price continues to indicate a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($36,235 per ton), while the price for Bulgaria stood at $30,565 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+20.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

For the fourth consecutive year, Lithuania recorded growth in overseas shipments of fresh or chilled lamb carcasses and half-carcasseses, which increased by 20% to 31 tons in 2022. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 62,215%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of fresh or chilled lamb carcasses and half-carcasseses reached $266K in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 71,551% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/A10624526658.4%
Others0.1N/A0.4N/A100.0%
Total0.11062452661285.6%

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

  1. Sweden (30.6 tons)

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of fresh or chilled lamb carcasses and half-carcasseses, when their volume decreased by -92.8% to 214 kg. Over the period under review, imports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 116%. As a result, imports reached the peak of 3 tons, and then shrank rapidly in the following year.

In value terms, imports of fresh or chilled lamb carcasses and half-carcasseses plummeted to $7.6K in 2022. In general, imports recorded a sharp descent. The pace of growth was the most pronounced in 2020 when imports increased by 9.3% against the previous year. As a result, imports attained the peak of $31K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.7N/AN/A6.0104.7%
BulgariaN/AN/AN/A1.40%
SpainN/A3.123.3N/A651.6%
Poland27.827.41.3N/A-78.4%
NetherlandsN/A0.9N/AN/A0%
Others0.1N/A0.40.226.0%
Total28.631.324.97.6-35.7%

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

  1. Germany (166.0 kg)
  2. Bulgaria (46.0 kg)

Source: IndexBox Market Intelligence Platform

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