Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Norway - 2022

Contents:

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

Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Norway (CIF) - 2022

In 2022, the average import price for frozen sheep (excluding lamb) carcasses and half-carcasseses amounted to $9,451 per ton, increasing by 43% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +0.5% per year.

Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Norway (FOB) - 2022

In 2022, the average export price for frozen sheep (excluding lamb) carcasses and half-carcasseses amounted to $2,215 per ton, with an increase of 7.8% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 65%. As a result, the export price attained the peak level of $5,558 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to +0.8% per year.

Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Norway

In 2022, after three years of growth, there was significant decline in overseas purchases of frozen sheep (excluding lamb) carcasses and half-carcasseses, when their volume decreased by -22.3% to 534 kg. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 173% against the previous year.

In value terms, imports of frozen sheep (excluding lamb) carcasses and half-carcasseses rose notably to $5K in 2022. Overall, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 202% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Import of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.10.20.25.0268.4%
Iceland1.33.74.2N/A79.7%
OthersN/A0.10.1N/A0.0%
Total1.34.04.55.056.7%

Top Suppliers of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Norway in 2022:

  1. Germany (534.0 kg)

Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Norway

In 2022, approx. 22 tons of frozen sheep (excluding lamb) carcasses and half-carcasseses were exported from Norway; picking up by 18% on the year before. Overall, exports, however, recorded a significant curtailment.

In value terms, exports of frozen sheep (excluding lamb) carcasses and half-carcasseses soared to $48K in 2022. Over the period under review, exports, however, faced a precipitous slump.

Export of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman60558.734.148.4-56.9%
Singapore49.2N/AN/AN/A0%
FinlandN/AN/A4.0N/A0%
OthersN/AN/AN/AN/A0%
Total65458.738.248.5-58.0%

Top Export Markets for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Norway in 2022:

  1. Oman (21.9 tons)

Source: IndexBox Market Intelligence Platform

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