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

Contents:

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

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

In December 2023, the average import price for fresh or chilled sheep (including lamb) boneless cutses amounted to $18,013 per ton, remaining constant against the previous month. Over the period under review, the import price, however, recorded a pronounced shrinkage. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 3.5% against the previous month. Over the period under review, average import prices reached the maximum at $23,171 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the countries with the highest prices were Ireland ($19,537 per ton) and the UK ($19,007 per ton), while the price for Australia ($16,854 per ton) and New Zealand ($18,126 per ton) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the UK (-1.8%), while the prices for the other major suppliers experienced a decline.

Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Switzerland (FOB) - 2022

The average export price for fresh or chilled sheep (including lamb) boneless cutses stood at $32,805 per ton in 2022, which is down by -42.7% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 56% against the previous year. The export price peaked at $57,250 per ton in 2021, and then declined markedly in the following year.

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

From 2013 to 2022, the rate of growth in terms of prices for Germany amounted to -0.8% per year.

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

In 2022, approx. 1.6K tons of fresh or chilled sheep (including lamb) boneless cutses were imported into Switzerland; with a decrease of -17.5% against 2021 figures. In general, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 3.3% against the previous year.

In value terms, imports of fresh or chilled sheep (including lamb) boneless cutses contracted rapidly to $42M in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 36% against the previous year. As a result, imports reached the peak of $51M, and then reduced remarkably in the following year.

Import of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand13.913.719.718.610.2%
Australia14.711.017.811.4-8.1%
United Kingdom4.86.35.66.812.3%
Ireland4.56.07.85.14.3%
Others0.30.60.60.410.1%
Total38.237.751.542.33.5%

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

  1. New Zealand (667.4 tons)
  2. Australia (414.3 tons)
  3. United Kingdom (286.4 tons)
  4. Ireland (206.4 tons)

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

In 2022, overseas shipments of fresh or chilled sheep (including lamb) boneless cutses were finally on the rise to reach 334 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a deep contraction.

In value terms, exports of fresh or chilled sheep (including lamb) boneless cutses soared to $11K in 2022. In general, exports, however, recorded a abrupt shrinkage.

Export of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany15.43.12.510.8-11.2%
OthersN/AN/AN/A0.20%
Total15.43.12.511.0-10.6%

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

  1. Germany (331.0 kg)

Source: IndexBox Market Intelligence Platform

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