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

Contents:

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

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

The average export price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses stood at $4,557 per ton in November 2023, growing by 4.8% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 45% month-to-month. As a result, the export price attained the peak level of $6,683 per ton. From July 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was France ($5,563 per ton), while the average price for exports to Italy ($3,537 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+2.6%), 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 the UK (CIF) - 2022

The average import price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses stood at $4,100 per ton in 2022, jumping by 107% against the previous year. Over the period under review, the import price recorded a perceptible expansion. Over the period under review, average import prices reached the peak figure at $6,282 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($8,596 per ton), while the price for Ireland ($2,146 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses from the UK skyrocketed to 2.1K tons, picking up by 34% on the previous year's figure. Over the period under review, exports, however, showed a sharp contraction.

In value terms, exports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses reduced slightly to $11M in 2022. Overall, exports, however, faced a precipitous contraction. The pace of growth was the most pronounced in 2020 with an increase of 16% against the previous year. As a result, the exports attained the peak of $91M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France41.848.28.04.5-52.4%
Ireland3.77.41.13.91.8%
Italy1.27.20.61.45.3%
Belgium4.31.30.10.4-54.7%
Netherlands0.60.30.60.2-30.7%
Germany24.522.60.80.2-79.9%
Others2.43.90.10.1-65.3%
Total78.490.911.310.8-48.4%

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

  1. Ireland (886.8 tons)
  2. France (796.2 tons)
  3. Italy (299.5 tons)
  4. Belgium (46.4 tons)
  5. Netherlands (34.5 tons)
  6. Germany (22.4 tons)

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

In 2022, the amount of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses imported into the UK surged to 13 tons, picking up by 62% compared with the previous year's figure. Overall, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 814% against the previous year. As a result, imports attained the peak of 41 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses skyrocketed to $52K in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 540% against the previous year. As a result, imports attained the peak of $129K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A31.80%
Ireland20.112913.517.5-4.5%
NetherlandsN/AN/AN/A2.30%
OthersN/AN/A1.9N/A0%
Total20.112915.451.636.9%

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

  1. Ireland (8.2 tons)
  2. Spain (3.7 tons)
  3. Netherlands (0.7 tons)

Source: IndexBox Market Intelligence Platform

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