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

Contents:

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

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

In 2022, the average import price for fresh or chilled sheep (including lamb) boneless cutses amounted to $14,070 per ton, rising by 73% against the previous year. In general, the import price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 153%. Over the period under review, average import prices reached the peak figure at $17,422 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($20,956 per ton), while the price for Estonia amounted to $12,591 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+13.5%), 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 Lithuania (FOB) - 2022

In 2020, the average export price for fresh or chilled sheep (including lamb) boneless cutses amounted to $6,305 per ton, which is down by -57.9% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 44% against the previous year. Over the period under review, the average export prices attained the peak figure at $14,963 per ton in 2019, and then fell remarkably in the following year.

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

From 2012 to 2020, the rate of growth in terms of prices for Latvia amounted to +12.4% per year.

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

Imports of fresh or chilled sheep (including lamb) boneless cutses into Lithuania dropped markedly to 769 kg in 2022, which is down by -80.7% against 2021 figures. Overall, imports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year.

In value terms, imports of fresh or chilled sheep (including lamb) boneless cutses contracted markedly to $11K in 2022. In general, imports continue to indicate a dramatic downturn. The smallest decline of -27.7% was in 2021.

Import of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EstoniaN/AN/AN/A8.00%
Latvia63.144.910.02.9-64.2%
SpainN/AN/A21.8N/A0%
Poland7.8N/AN/AN/A0%
OthersN/AN/A0.7N/A0%
Total70.844.932.510.8-46.6%

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

  1. Estonia (633.0 kg)
  2. Latvia (136.0 kg)

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

In 2020, approx. 174 kg of fresh or chilled sheep (including lamb) boneless cutses were exported from Lithuania; with an increase of 544% on the year before. Overall, exports continue to indicate significant growth. As a result, the exports attained 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 soared to $1.1K in 2020. Over the period under review, exports continue to indicate 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 Lithuania (USD)
COUNTRY20192020CAGR,
2019-2020
DenmarkN/A1,0970%
Latvia404N/A0%
OthersN/AN/A0%
Total4041,097171.5%

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

  1. Denmark (174.0 kg)

Source: IndexBox Market Intelligence Platform

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