Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain - 2023
Contents:
- Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain (FOB) - 2023
- Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain (CIF) - 2022
- Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain
- Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain
Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain (FOB) - 2023
In October 2023, the average export price for frozen sheep (excluding lamb) carcasses and half-carcasseses amounted to $3,322 per ton, remaining constant against the previous month. In general, the export price, however, recorded a slight curtailment. The most prominent rate of growth was recorded in May 2023 an increase of 128% m-o-m. Over the period under review, the average export prices attained the peak figure at $4,789 per ton in November 2022; however, from December 2022 to October 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In October 2023, the country with the highest price was Malta ($3,803 per ton), while the average price for exports to Oman ($3,165 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+2.2%), while the prices for the other major destinations experienced a decline.
Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain (CIF) - 2022
In 2022, the average import price for frozen sheep (excluding lamb) carcasses and half-carcasseses amounted to $8,891 per ton, growing by 94% against the previous year. In general, the import price continues to indicate moderate growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by 128%. The import price peaked in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($510,356 per ton), while the price for France ($3,467 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+127.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain
After three years of growth, overseas shipments of frozen sheep (excluding lamb) carcasses and half-carcasseses decreased by -18.3% to 3.1K tons in 2022. The total export volume increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 21%. As a result, the exports reached the peak of 3.8K tons, and then dropped significantly in the following year.
In value terms, exports of frozen sheep (excluding lamb) carcasses and half-carcasseses shrank modestly to $15M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, the exports attained the peak of $15M, and then fell slightly in the following year.
Export of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Qatar | 2.5 | 2.3 | 3.4 | 5.5 | 30.1% |
Oman | 0.4 | 1.5 | 3.8 | 2.3 | 79.2% |
United Arab Emirates | 1.0 | 1.9 | 2.3 | 2.2 | 30.1% |
Bahrain | 1.9 | 2.8 | 1.3 | 1.9 | 0.0% |
Denmark | 1.2 | 0.6 | 2.2 | 1.5 | 7.7% |
Netherlands | N/A | 0.3 | 0.2 | 0.4 | 15.5% |
Lebanon | N/A | 0.2 | 0.4 | 0.4 | 41.4% |
Kuwait | 0.9 | 1.1 | 1.0 | 0.1 | -51.9% |
Others | 1.0 | 0.8 | 0.8 | 0.8 | -7.2% |
Total | 8.9 | 11.5 | 15.3 | 15.1 | 19.3% |
Top Export Markets for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Spain in 2022:
- Qatar (1135.3 tons)
- Oman (496.2 tons)
- United Arab Emirates (441.2 tons)
- Bahrain (393.7 tons)
- Denmark (301.9 tons)
- Netherlands (86.5 tons)
- Lebanon (69.9 tons)
- Kuwait (25.2 tons)
Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain
In 2022, after two years of decline, there was significant growth in supplies from abroad of frozen sheep (excluding lamb) carcasses and half-carcasseses, when their volume increased by 3,591% to 26 tons. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of frozen sheep (excluding lamb) carcasses and half-carcasseses soared to $234K in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Spain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | N/A | N/A | 0.7 | 106 | 15042.9% |
France | N/A | N/A | 1.6 | 46.9 | 2831.2% |
Netherlands | 18.2 | 5.0 | 1.0 | 12.5 | -11.8% |
Ireland | 7.6 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | 68.9 | 0% |
Total | 25.8 | 5.0 | 3.3 | 234 | 108.5% |
Top Suppliers of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Spain in 2022:
- France (13.5 tons)
- Portugal (10.1 tons)
- Netherlands (2.6 tons)
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