Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Denmark - 2023
Contents:
- Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Denmark (CIF) - 2023
- Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Denmark (FOB) - 2022
- Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Denmark
- Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Denmark
Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Denmark (CIF) - 2023
The average import price for fresh or chilled sheep (including lamb) boneless cutses stood at $15,385 per ton in September 2023, approximately reflecting the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 19% month-to-month. Over the period under review, average import prices hit record highs at $17,792 per ton in April 2023; however, from May 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($42,954 per ton), while the price for the Netherlands ($5,879 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Denmark (FOB) - 2022
In 2022, the average export price for fresh or chilled sheep (including lamb) boneless cutses amounted to $15,856 per ton, with an increase of 8.2% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. The growth pace was the most rapid in 2016 when the average export price increased by 105% against the previous year. As a result, the export price reached the peak level of $23,051 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Greenland ($16,119 per ton), while the average price for exports to Sweden ($15,573 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Denmark
In 2022, purchases abroad of fresh or chilled sheep (including lamb) boneless cutses decreased by -2.9% to 227 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a pronounced setback. The growth pace was the most rapid in 2020 when imports increased by 2.2% against the previous year. As a result, imports reached the peak of 253 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of fresh or chilled sheep (including lamb) boneless cutses rose to $3.8M in 2022. The total import value increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 2.5 | 2.6 | 3.0 | 3.0 | 6.3% |
| France | 0.5 | 0.6 | 0.6 | 0.8 | 17.0% |
| Others | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Total | 3.2 | 3.3 | 3.7 | 3.8 | 5.9% |
Top Suppliers of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts to Denmark in 2022:
- Ireland (191.6 tons)
- France (34.7 tons)
Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Denmark
For the fourth consecutive year, Denmark recorded growth in shipments abroad of fresh or chilled sheep (including lamb) boneless cutses, which increased by 40% to 16 tons in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of fresh or chilled sheep (including lamb) boneless cutses skyrocketed to $250K in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greenland | 60.9 | 112 | 131 | 137 | 31.0% |
| Sweden | N/A | N/A | 32.3 | 109 | 237.5% |
| Faroe Islands | 1.6 | 6.7 | 0.6 | 0.6 | -27.9% |
| Netherlands | 27.1 | N/A | N/A | N/A | 0% |
| Others | 1.5 | N/A | N/A | 2.8 | 23.1% |
| Total | 91.2 | 118 | 164 | 250 | 40.0% |
Top Export Markets for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts from Denmark in 2022:
- Greenland (8.5 tons)
- Sweden (7.0 tons)
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