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

Contents:

  1. Price for Frozen Sheep (Including Lamb) Boneless Cuts in Ireland (FOB) - 2023
  2. Price for Frozen Sheep (Including Lamb) Boneless Cuts in Ireland (CIF) - 2022
  3. Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Ireland
  4. Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Ireland

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

In November 2023, the average export price for frozen sheep (including lamb) boneless cutses amounted to $6,213 per ton, rising by 12% against the previous month. Over the period under review, the export price, however, recorded a mild setback. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 24% against the previous month. As a result, the export price reached the peak level of $8,088 per ton. From June 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Switzerland ($10,265 per ton), while the average price for exports to Romania ($2,656 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 (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Frozen Sheep (Including Lamb) Boneless Cuts in Ireland (CIF) - 2022

In 2022, the average import price for frozen sheep (including lamb) boneless cutses amounted to $5,694 per ton, shrinking by -17.8% against the previous year. Overall, the import price saw a deep setback. The growth pace was the most rapid in 2018 when the average import price increased by 29%. The import price peaked at $10,369 per ton in 2012; however, from 2013 to 2022, 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 the UK.

From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to +12.2% per year.

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

In 2022, overseas shipments of frozen sheep (including lamb) boneless cutses were finally on the rise to reach 6.7K tons after two years of decline. In general, exports, however, continue to indicate a perceptible shrinkage.

In value terms, exports of frozen sheep (including lamb) boneless cutses soared to $47M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Frozen Sheep (Including Lamb) Boneless Cuts in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France9.510.110.819.326.7%
United Kingdom9.37.96.810.74.8%
Switzerland3.83.84.46.117.1%
Canada2.22.60.22.88.4%
Sweden1.61.62.12.617.6%
Germany1.71.41.01.6-2.0%
Netherlands1.31.30.91.30.0%
Denmark0.40.50.61.244.2%
Others3.83.13.11.8-22.0%
Total33.532.329.947.512.3%

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

  1. France (2920.4 tons)
  2. United Kingdom (1808.1 tons)
  3. Switzerland (483.9 tons)
  4. Sweden (355.8 tons)
  5. Canada (258.1 tons)
  6. Germany (206.5 tons)
  7. Denmark (205.6 tons)
  8. Netherlands (196.7 tons)

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

In 2022, after two years of decline, there was significant growth in supplies from abroad of frozen sheep (including lamb) boneless cutses, when their volume increased by 234% to 265 tons. Overall, imports, however, showed a mild contraction.

In value terms, imports of frozen sheep (including lamb) boneless cutses soared to $1.5M in 2022. Over the period under review, imports, however, recorded a abrupt decline.

Import of Frozen Sheep (Including Lamb) Boneless Cuts in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,6541,2554751,490-3.4%
Germany83.4127N/AN/A52.3%
Others12532575.321.5-44.4%
Total1,8621,7085501,511-6.7%

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

  1. United Kingdom (263.6 tons)

Source: IndexBox Market Intelligence Platform

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