Price for Frozen Sheep (Including Lamb) Boneless Cuts in Sweden - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Sweden (CIF) - 2023
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Sweden (FOB) - 2022
- Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Sweden
- Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Sweden
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Sweden (CIF) - 2023
The average import price for frozen sheep (including lamb) boneless cutses stood at $8,207 per ton in November 2023, shrinking by -14.5% against the previous month. In general, the import price recorded a slight descent. The pace of growth was the most pronounced in December 2022 an increase of 19% month-to-month. As a result, import price attained the peak level of $12,107 per ton. From January 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($16,803 per ton), while the price for Ireland ($6,918 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 Finland (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Sweden (FOB) - 2022
In 2022, the average export price for frozen sheep (including lamb) boneless cutses amounted to $17,263 per ton, jumping by 32% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.3% 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 +120.6% against 2018 indices. The growth pace was the most rapid in 2019 an increase of 49% against the previous year. 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 Norway ($20,763 per ton), while the average price for exports to Estonia ($2,658 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 Finland (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Sweden
In 2022, approx. 2.6K tons of frozen sheep (including lamb) boneless cutses were imported into Sweden; with an increase of 23% on 2021. The total import volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period.
In value terms, imports of frozen sheep (including lamb) boneless cutses surged to $30M in 2022. The total import value increased at an average annual rate of +11.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 9.6 | 9.5 | 11.5 | 11.1 | 5.0% |
| Ireland | 5.1 | 7.0 | 6.1 | 8.4 | 18.1% |
| New Zealand | 2.9 | 3.4 | 2.3 | 4.4 | 14.9% |
| Germany | 1.2 | 1.9 | 1.8 | 2.7 | 31.0% |
| Belgium | 0.7 | 0.4 | 0.8 | 1.5 | 28.9% |
| Denmark | 0.9 | 0.8 | 0.3 | 1.2 | 10.1% |
| United Kingdom | 1.0 | 0.5 | 0.1 | N/A | -68.4% |
| Others | 0.4 | 0.4 | 0.7 | 0.7 | 20.5% |
| Total | 21.9 | 23.8 | 23.6 | 30.1 | 11.2% |
Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to Sweden in 2022:
- Ireland (1060.7 tons)
- Netherlands (734.3 tons)
- New Zealand (279.4 tons)
- Germany (241.2 tons)
- Denmark (99.6 tons)
- Belgium (82.1 tons)
Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Sweden
In 2022, after three years of growth, there was significant decline in shipments abroad of frozen sheep (including lamb) boneless cutses, when their volume decreased by -27.8% to 49 tons. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 61%.
In value terms, exports of frozen sheep (including lamb) boneless cutses contracted slightly to $852K in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 83% against the previous year.
| Export of Frozen Sheep (Including Lamb) Boneless Cuts in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 242 | 656 | 718 | 715 | 43.5% |
| Denmark | 20.7 | 51.0 | 72.5 | 70.1 | 50.2% |
| Norway | 86.8 | 0.5 | 56.1 | 61.7 | -10.8% |
| Estonia | N/A | N/A | 3.1 | 3.9 | 25.8% |
| Others | 36.2 | 0.1 | 43.2 | 1.3 | -67.0% |
| Total | 386 | 708 | 893 | 852 | 30.2% |
Top Export Markets for Frozen Sheep (Including Lamb) Boneless Cuts from Sweden in 2022:
- Finland (39.1 tons)
- Denmark (5.8 tons)
- Norway (3.0 tons)
- Estonia (1.5 tons)
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