Price for Frozen Sheep (Including Lamb) Boneless Cuts in France - 2023

Contents:

  1. Price for Frozen Sheep (Including Lamb) Boneless Cuts in France (CIF) - 2023
  2. Price for Frozen Sheep (Including Lamb) Boneless Cuts in France (FOB) - 2023
  3. Imports of Frozen Sheep (Including Lamb) Boneless Cuts in France
  4. Exports of Frozen Sheep (Including Lamb) Boneless Cuts in France

Price for Frozen Sheep (Including Lamb) Boneless Cuts in France (CIF) - 2023

In November 2023, the average import price for frozen sheep (including lamb) boneless cutses amounted to $6,072 per ton, waning by -8% against the previous month. In general, the import price recorded a perceptible shrinkage. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 8.8% m-o-m. The import price peaked at $9,127 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was New Zealand ($11,171 per ton), while the price for Italy ($2,500 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 Italy (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Frozen Sheep (Including Lamb) Boneless Cuts in France (FOB) - 2023

The average export price for frozen sheep (including lamb) boneless cutses stood at $8,426 per ton in November 2023, surging by 83% against the previous month. Overall, the export price, however, showed a mild decline. The export price peaked at $12,095 per ton in May 2023; however, from June 2023 to November 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($12,174 per ton), while the average price for exports to Greece ($1,351 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Sheep (Including Lamb) Boneless Cuts in France

In 2022, purchases abroad of frozen sheep (including lamb) boneless cutses increased by 28% to 5.3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a pronounced decrease.

In value terms, imports of frozen sheep (including lamb) boneless cutses skyrocketed to $42M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Frozen Sheep (Including Lamb) Boneless Cuts in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland5.46.76.910.524.8%
New Zealand7.25.14.07.72.3%
Spain9.35.45.97.6-6.5%
United Kingdom6.74.63.45.7-5.2%
Netherlands0.20.42.33.8166.8%
Germany2.43.12.53.210.1%
Belgium2.42.11.71.0-25.3%
Australia0.1N/A0.50.791.3%
ItalyN/A0.20.40.322.5%
Others0.82.01.01.626.0%
Total34.629.728.842.16.8%

Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to France in 2022:

  1. Ireland (1416.4 tons)
  2. Spain (1162.0 tons)
  3. United Kingdom (674.2 tons)
  4. New Zealand (643.1 tons)
  5. Netherlands (462.8 tons)
  6. Germany (407.9 tons)
  7. Australia (139.2 tons)
  8. Italy (113.9 tons)
  9. Belgium (111.7 tons)

Exports of Frozen Sheep (Including Lamb) Boneless Cuts in France

In 2022, approx. 500 tons of frozen sheep (including lamb) boneless cutses were exported from France; remaining relatively unchanged against the previous year's figure. In general, exports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 60% against the previous year.

In value terms, exports of frozen sheep (including lamb) boneless cutses skyrocketed to $5.1M in 2022. Over the period under review, exports, however, saw prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by 136% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Frozen Sheep (Including Lamb) Boneless Cuts in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1861601,2731,654107.2%
Belgium24483.67591,51583.8%
Germany14717198.524518.6%
Poland631214226241-27.4%
Spain386160308239-14.8%
Japan261205163158-15.4%
Italy2921.0109115-26.7%
NigerN/AN/AN/A1100%
Mali0.7N/A3.5104429.6%
United Kingdom52550172195.7-43.3%
Ireland14628.010943.2-33.4%
Others703191275597-5.3%
Total3,5211,7154,0465,11813.3%

Top Export Markets for Frozen Sheep (Including Lamb) Boneless Cuts from France in 2022:

  1. Belgium (145.2 tons)
  2. Netherlands (143.4 tons)
  3. Spain (32.9 tons)
  4. Germany (31.4 tons)
  5. Poland (26.3 tons)
  6. United Kingdom (18.1 tons)
  7. Japan (13.7 tons)
  8. Italy (11.7 tons)
  9. Mali (10.8 tons)
  10. Niger (8.8 tons)
  11. Ireland (7.8 tons)

Source: IndexBox Market Intelligence Platform

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