Price for Frozen Lamb Carcasses and Half-Carcasses in Norway - 2023
Contents:
- Price for Frozen Lamb Carcasses and Half-Carcasses in Norway (CIF) - 2023
- Price for Frozen Lamb Carcasses and Half-Carcasses in Norway (FOB) - 2022
- Imports of Frozen Lamb Carcasses and Half-Carcasses in Norway
- Exports of Frozen Lamb Carcasses and Half-Carcasses in Norway
Price for Frozen Lamb Carcasses and Half-Carcasses in Norway (CIF) - 2023
The average import price for frozen lamb carcasses and half-carcasseses stood at $9,042 per ton in April 2023, approximately reflecting the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2022 an increase of 25% against the previous month. Over the period under review, average import prices attained the peak figure at $10,555 per ton in August 2022; however, from September 2022 to April 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Iceland.
From April 2022 to April 2023, the rate of growth in terms of prices for Iceland amounted to +0.2% per month.
Price for Frozen Lamb Carcasses and Half-Carcasses in Norway (FOB) - 2022
In 2022, the average export price for frozen lamb carcasses and half-carcasseses amounted to $4,720 per ton, dropping by -32.4% against the previous year. Over the period under review, the export price continues to indicate a mild decline. The pace of growth appeared the most rapid in 2020 when the average export price increased by 57%. As a result, the export price reached the peak level of $10,266 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($7,411 per ton), while the average price for exports to Namibia amounted to $2,659 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+267.1%).
Imports of Frozen Lamb Carcasses and Half-Carcasses in Norway
In 2022, imports of frozen lamb carcasses and half-carcasseses into Norway contracted to 217 tons, which is down by -7.4% compared with the year before. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 7,654% against the previous year. As a result, imports attained the peak of 235 tons, and then reduced in the following year.
In value terms, frozen lamb carcasses and half-carcasses imports expanded modestly to $1.8M in 2022. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 6,437% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Frozen Lamb Carcasses and Half-Carcasses in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iceland | 84.9 | 11.8 | 1,122 | 1,734 | 173.3% |
Germany | 2.6 | 0.3 | 13.0 | 35.2 | 138.3% |
United Kingdom | 215 | 8.6 | 413 | N/A | 38.6% |
Netherlands | 50.4 | 2.7 | 154 | N/A | 74.8% |
Others | 2.9 | 2.8 | 5.2 | N/A | 33.9% |
Total | 356 | 26.1 | 1,707 | 1,769 | 70.6% |
Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to Norway in 2022:
- Iceland (214.0 tons)
- Germany (3.4 tons)
Exports of Frozen Lamb Carcasses and Half-Carcasses in Norway
In 2022, approx. 18 tons of frozen lamb carcasses and half-carcasseses were exported from Norway; jumping by 122% on 2021 figures. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 7,768% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, frozen lamb carcasses and half-carcasses exports skyrocketed to $85K in 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 12,245%. As a result, the exports attained the peak of $113K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Frozen Lamb Carcasses and Half-Carcasses in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 0.3 | 0.6 | 56.7 | 57.6 | 476.9% |
Namibia | N/A | N/A | N/A | 26.4 | 0% |
Oman | 0.2 | 112 | N/A | N/A | 55900.0% |
Others | 0.4 | N/A | N/A | 0.8 | 26.0% |
Total | 0.9 | 113 | 56.7 | 84.9 | 355.2% |
Top Export Markets for Frozen Lamb Carcasses and Half-Carcasses from Norway in 2022:
- Namibia (9.9 tons)
- Denmark (7.8 tons)
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