Price for Frozen Lamb Carcasses and Half-Carcasses in Denmark - 2023

Contents:

  1. Price for Frozen Lamb Carcasses and Half-Carcasses in Denmark (CIF) - 2023
  2. Price for Frozen Lamb Carcasses and Half-Carcasses in Denmark (FOB) - 2022
  3. Imports of Frozen Lamb Carcasses and Half-Carcasses in Denmark
  4. Exports of Frozen Lamb Carcasses and Half-Carcasses in Denmark

Price for Frozen Lamb Carcasses and Half-Carcasses in Denmark (CIF) - 2023

The average import price for frozen lamb carcasses and half-carcasseses stood at $12,406 per ton in July 2023, jumping by 35% against the previous month. In general, import price indicated a noticeable increase from July 2022 to July 2023: its price increased at an average monthly rate of +3.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, frozen lamb carcasses and half-carcasses import price increased by +11.3% against March 2023 indices. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 71% against the previous month. The import price peaked in July 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($19,407 per ton), while the price for Ireland ($6,468 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Frozen Lamb Carcasses and Half-Carcasses in Denmark (FOB) - 2022

In 2022, the average export price for frozen lamb carcasses and half-carcasseses amounted to $13,164 per ton, rising by 8.5% against the previous year. In general, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen lamb carcasses and half-carcasses export price increased by +82.7% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 49%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($14,870 per ton), while the average price for exports to Iceland ($9,586 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 Finland (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Lamb Carcasses and Half-Carcasses in Denmark

In 2022, supplies from abroad of frozen lamb carcasses and half-carcasseses decreased by -7.6% to 200 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 2,080%. As a result, imports reached the peak of 217 tons, and then dropped in the following year.

In value terms, frozen lamb carcasses and half-carcasses imports reduced to $2M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 3,020% against the previous year. As a result, imports attained the peak of $2.1M, and then reduced in the following year.

Import of Frozen Lamb Carcasses and Half-Carcasses in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/A1,5461,119-27.6%
New Zealand45.8N/AN/A391104.4%
ChileN/AN/A215185-14.0%
IrelandN/AN/A179135-24.6%
GermanyN/A63.581.856.3-5.8%
SwedenN/AN/A75.549.4-34.6%
SpainN/AN/A21.317.0-20.2%
Others0.75.018.66.8113.4%
Total46.568.52,1371,961248.1%

Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to Denmark in 2022:

  1. Netherlands (84.2 tons)
  2. New Zealand (44.4 tons)
  3. Chile (27.0 tons)
  4. Ireland (26.2 tons)
  5. Spain (8.1 tons)
  6. Germany (5.7 tons)
  7. Sweden (3.9 tons)

Exports of Frozen Lamb Carcasses and Half-Carcasses in Denmark

In 2022, overseas shipments of frozen lamb carcasses and half-carcasseses were finally on the rise to reach 54 tons after two years of decline. Over the period under review, exports, however, faced a sharp curtailment.

In value terms, frozen lamb carcasses and half-carcasses exports soared to $714K in 2022. In general, exports, however, recorded a dramatic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 27%.

Export of Frozen Lamb Carcasses and Half-Carcasses in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden1,491408557535-28.9%
Faroe Islands6.2N/AN/A141183.3%
Iceland0.4N/AN/A21.1275.0%
Finland1.6N/AN/A13.6104.1%
Ireland17.717.13.0N/A-58.8%
Poland78.4N/AN/AN/A0%
Greenland78.545.9N/AN/A-41.5%
Others2.41.843.13.412.3%
Total1,677473603714-24.8%

Top Export Markets for Frozen Lamb Carcasses and Half-Carcasses from Denmark in 2022:

  1. Sweden (38.7 tons)
  2. Faroe Islands (12.2 tons)
  3. Iceland (2.2 tons)
  4. Finland (0.9 tons)

Source: IndexBox Market Intelligence Platform

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