Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Spain - 2023
Contents:
- Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Spain (FOB) - 2022
- Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Spain (CIF) - 2022
- Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Spain
- Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Spain
Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Spain (FOB) - 2022
The average export price for fresh or chilled sheep (including lamb) boneless cutses stood at $7,979 per ton in 2022, increasing by 3.2% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fresh or chilled sheep (including lamb) boneless cutses increased by +51.9% against 2016 indices. The growth pace was the most rapid in 2014 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($16,554 per ton), while the average price for exports to Italy ($2,149 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 Cuba (+14.9%), 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 Spain (CIF) - 2022
The average import price for fresh or chilled sheep (including lamb) boneless cutses stood at $10,839 per ton in 2022, surging by 59% against the previous year. Over the period under review, the import price showed a buoyant increase. The pace of growth appeared the most rapid in 2014 when the average import price increased by 228%. Over the period under review, average import prices reached the peak figure at $16,640 per ton in 2015; however, from 2016 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 Ireland ($13,992 per ton), while the price for France ($8,394 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Spain
In 2022, exports of fresh or chilled sheep (including lamb) boneless cutses from Spain soared to 118 tons, with an increase of 19% compared with 2021. The total export volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period.
In value terms, exports of fresh or chilled sheep (including lamb) boneless cutses surged to $945K in 2022. The total export value increased at an average annual rate of +12.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 33%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 415 | 688 | 655 | 270 | -13.3% |
| Cabo Verde | 14.1 | 16.4 | N/A | 221 | 150.3% |
| United Kingdom | 23.1 | 43.6 | 36.3 | 130 | 77.9% |
| Germany | N/A | 75.2 | 3.9 | 81.2 | 3.9% |
| Cuba | N/A | N/A | N/A | 63.0 | 0% |
| Bulgaria | N/A | N/A | N/A | 58.9 | 0% |
| Italy | 7.6 | 8.2 | 10.9 | 51.0 | 88.6% |
| Netherlands | 184 | 5.9 | 1.8 | 0.9 | -83.0% |
| Others | 27.1 | 57.6 | 59.4 | 69.2 | 36.7% |
| Total | 671 | 895 | 767 | 945 | 12.1% |
Top Export Markets for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts from Spain in 2022:
- France (39.1 tons)
- Italy (23.7 tons)
- Bulgaria (17.1 tons)
- Cabo Verde (13.9 tons)
- United Kingdom (7.9 tons)
- Germany (5.3 tons)
- Cuba (4.1 tons)
Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Spain
In 2022, approx. 9.7 tons of fresh or chilled sheep (including lamb) boneless cutses were imported into Spain; waning by -52.8% compared with 2021. In general, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 268%. As a result, imports attained the peak of 21 tons, and then declined dramatically in the following year.
In value terms, imports of fresh or chilled sheep (including lamb) boneless cutses fell sharply to $105K in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 254%. As a result, imports attained the peak of $140K, and then shrank dramatically in the following year.
| Import of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.2 | 3.3 | 82.2 | 39.3 | 130.7% |
| Ireland | 31.8 | 12.0 | 39.0 | 33.1 | 1.3% |
| Belgium | 17.1 | N/A | 13.9 | 22.8 | 10.1% |
| Netherlands | 2.4 | 24.1 | 4.1 | 10.1 | 61.4% |
| Others | 0.6 | 0.3 | 1.1 | 0.1 | -45.0% |
| Total | 55.1 | 39.6 | 140 | 105 | 24.0% |
Top Suppliers of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts to Spain in 2022:
- France (4.7 tons)
- Ireland (2.4 tons)
- Belgium (1.7 tons)
- Netherlands (1.0 tons)
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