Price for Frozen Sheep (Including Lamb) Boneless Cuts in Denmark - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Denmark (CIF) - 2023
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Denmark (FOB) - 2022
- Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Denmark
- Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Denmark
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Denmark (CIF) - 2023
In November 2023, the average import price for frozen sheep (including lamb) boneless cutses amounted to $9,741 per ton, dropping by -3.2% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 26% month-to-month. The import price peaked at $13,527 per ton in June 2023; however, from July 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($16,553 per ton), while the price for Ireland ($6,668 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Spain (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Denmark (FOB) - 2022
In 2022, the average export price for frozen sheep (including lamb) boneless cutses amounted to $13,921 per ton, surging by 22% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for frozen sheep (including lamb) boneless cutses increased by +89.9% against 2018 indices. The growth pace was the most rapid in 2020 an increase of 28%. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($21,129 per ton), while the average price for exports to Greenland ($9,169 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 Germany (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Denmark
In 2022, imports of frozen sheep (including lamb) boneless cutses into Denmark stood at 1K tons, surging by 8.2% compared with 2021. Overall, imports, however, continue to indicate a mild setback. The pace of growth was the most pronounced in 2021 when imports increased by 26%.
In value terms, imports of frozen sheep (including lamb) boneless cutses surged to $11M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Frozen Sheep (Including Lamb) Boneless Cuts in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 2,812 | 2,242 | 1,049 | 3,234 | 4.8% |
Netherlands | 1,383 | 769 | 1,402 | 2,639 | 24.0% |
Germany | 957 | 1,035 | 2,534 | 2,065 | 29.2% |
Chile | 638 | 1,004 | 931 | 1,402 | 30.0% |
Ireland | 1,467 | 497 | 655 | 607 | -25.5% |
Uruguay | N/A | 87.1 | 123 | 417 | 118.8% |
Iceland | N/A | 3.3 | 8.6 | 117 | 495.4% |
United Kingdom | 439 | 61.5 | 0.1 | 19.7 | -64.5% |
Norway | 335 | 334 | N/A | N/A | -0.3% |
Others | 138 | 147 | 596 | 280 | 26.6% |
Total | 8,168 | 6,180 | 7,299 | 10,781 | 9.7% |
Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to Denmark in 2022:
- Germany (306.7 tons)
- New Zealand (248.6 tons)
- Netherlands (194.4 tons)
- Chile (129.4 tons)
- Ireland (66.0 tons)
- Uruguay (33.2 tons)
- Iceland (18.6 tons)
- United Kingdom (1.0 tons)
Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Denmark
In 2022, exports of frozen sheep (including lamb) boneless cutses from Denmark soared to 101 tons, rising by 24% compared with the year before. Overall, exports, however, showed a dramatic setback. The pace of growth appeared the most rapid in 2021 when exports increased by 40% against the previous year.
In value terms, exports of frozen sheep (including lamb) boneless cutses surged to $1.4M in 2022. In general, exports, however, faced a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 61% against the previous year.
Export of Frozen Sheep (Including Lamb) Boneless Cuts in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 353 | 29.9 | 76.6 | 425 | 6.4% |
Greenland | 138 | 259 | 309 | 400 | 42.6% |
Germany | 17.1 | 8.4 | 57.4 | 281 | 154.2% |
Sweden | 1,489 | 51.3 | 144 | 135 | -55.1% |
Faroe Islands | 209 | 142 | 141 | 50.9 | -37.6% |
Belgium | N/A | N/A | 27.7 | 34.1 | 23.1% |
Estonia | 29.1 | 9.0 | 6.1 | 25.6 | -4.2% |
New Zealand | N/A | N/A | 140 | N/A | 0% |
Others | 117 | 75.8 | 24.4 | 48.4 | -25.5% |
Total | 2,351 | 575 | 926 | 1,401 | -15.8% |
Top Export Markets for Frozen Sheep (Including Lamb) Boneless Cuts from Denmark in 2022:
- Greenland (43.6 tons)
- Netherlands (21.9 tons)
- Germany (13.3 tons)
- Sweden (9.1 tons)
- Faroe Islands (5.0 tons)
- Belgium (3.2 tons)
- Estonia (1.5 tons)
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