Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain - 2023

Contents:

  1. Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain (FOB) - 2023
  2. Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain (CIF) - 2022
  3. Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain
  4. Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain

Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain (FOB) - 2023

In October 2023, the average export price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses amounted to $4,109 per ton, increasing by 1.9% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average export price increased by 13% against the previous month. Over the period under review, the average export prices attained the maximum at $4,530 per ton in November 2022; however, from December 2022 to October 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In October 2023, the highest price was recorded for prices to Germany ($5,009 per ton) and Greece ($4,277 per ton), while the average price for exports to Portugal ($3,533 per ton) and Romania ($3,908 per ton) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain (CIF) - 2022

In 2022, the average import price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses amounted to $4,359 per ton, with a decrease of -10.2% against the previous year. Over the period under review, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 an increase of 43%. Over the period under review, average import prices reached the maximum at $8,821 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Greece ($6,388 per ton), while the price for Italy ($4,047 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+7.0%), while the prices for the other major suppliers experienced a decline.

Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain

In 2022, exports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses from Spain expanded markedly to 6.1K tons, with an increase of 6.9% against 2021 figures. The total export volume increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 24%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses reached $28M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 49% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Export of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy7.35.911.713.823.6%
France8.58.810.38.91.5%
Greece0.40.70.91.348.1%
RomaniaN/AN/A0.31.2300.0%
Portugal0.50.20.80.921.6%
IrelandN/AN/AN/A0.60%
Netherlands0.2N/AN/A0.426.0%
Denmark0.40.9N/A0.1-37.0%
Others0.40.31.00.57.7%
Total17.716.925.027.616.0%

Top Export Markets for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Spain in 2022:

  1. Italy (3331.1 tons)
  2. France (1604.0 tons)
  3. Greece (337.2 tons)
  4. Romania (302.6 tons)
  5. Portugal (255.5 tons)
  6. Ireland (118.9 tons)
  7. Netherlands (104.2 tons)
  8. Denmark (24.7 tons)

Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain

In 2022, the amount of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses imported into Spain skyrocketed to 820 tons, jumping by 159% against the previous year's figure. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses surged to $3.6M in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy7262845512,09142.3%
France6719418277644.4%
Greece21324015550733.5%
Portugal0.5121N/A212651.3%
Others29.0N/AN/AN/A0%
Total1,6411,5851,5333,57429.6%

Top Suppliers of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Spain in 2022:

  1. Italy (516.8 tons)
  2. France (173.2 tons)
  3. Greece (79.4 tons)
  4. Portugal (50.6 tons)

Source: IndexBox Market Intelligence Platform

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