Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Ireland - 2023

Contents:

  1. Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Ireland (FOB) - 2023
  2. Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Ireland (CIF) - 2022
  3. Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Ireland
  4. Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Ireland

Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Ireland (FOB) - 2023

The average export price for fresh or chilled sheep (including lamb) boneless cutses stood at $8,771 per ton in October 2023, with a decrease of -9% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 15% m-o-m. Over the period under review, the average export prices attained the peak figure at $9,996 per ton in June 2023; however, from July 2023 to October 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($19,343 per ton), while the average price for exports to the Netherlands ($6,237 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 the Netherlands (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Ireland (CIF) - 2022

The average import price for fresh or chilled sheep (including lamb) boneless cutses stood at $2,699 per ton in 2022, with a decrease of -7.4% against the previous year. Overall, the import price saw a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 55% against the previous year. The import price peaked at $8,588 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -5.6% per year.

Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Ireland

In 2022, shipments abroad of fresh or chilled sheep (including lamb) boneless cutses was finally on the rise to reach 8.6K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt downturn.

In value terms, exports of fresh or chilled sheep (including lamb) boneless cutses dropped to $82M in 2022. In general, exports, however, saw a deep slump.

Export of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France27.622.620.921.4-8.1%
United Kingdom20.418.918.318.0-4.1%
Sweden7.79.18.89.57.3%
Switzerland7.411.310.59.27.5%
Belgium10.910.88.96.3-16.7%
Germany7.96.16.16.2-7.8%
Netherlands2.92.52.74.112.2%
Others12.810.110.07.0-18.2%
Total97.691.486.281.7-5.8%

Top Export Markets for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts from Ireland in 2022:

  1. France (2.4K tons)
  2. United Kingdom (2.2K tons)
  3. Sweden (1.2K tons)
  4. Netherlands (0.6K tons)
  5. Belgium (0.6K tons)
  6. Germany (0.5K tons)
  7. Switzerland (0.4K tons)

Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Ireland

In 2022, approx. 174 tons of fresh or chilled sheep (including lamb) boneless cutses were imported into Ireland; falling by -60.1% against the previous year. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 127%. As a result, imports attained the peak of 437 tons, and then contracted markedly in the following year.

In value terms, imports of fresh or chilled sheep (including lamb) boneless cutses reduced remarkably to $471K in 2022. In general, imports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 58% against the previous year.

Import of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1.60.81.30.5-32.1%
OthersN/AN/AN/AN/A0%
Total1.60.81.30.5-32.1%

Top Suppliers of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts to Ireland in 2022:

  1. United Kingdom (174.2 tons)

Source: IndexBox Market Intelligence Platform

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