Price for Frozen Sheep (Including Lamb) Boneless Cuts in the Czech Republic - 2023

Contents:

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

Price for Frozen Sheep (Including Lamb) Boneless Cuts in the Czech Republic (CIF) - 2023

In November 2023, the average import price for frozen sheep (including lamb) boneless cutses amounted to $6,326 per ton, remaining stable against the previous month. In general, the import price, however, recorded a deep downturn. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 49% month-to-month. Over the period under review, average import prices hit record highs at $12,552 per ton in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($9,163 per ton), while the price for Spain stood at $6,308 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Spain (-2.1%), while the prices for the other major suppliers experienced a decline.

Price for Frozen Sheep (Including Lamb) Boneless Cuts in the Czech Republic (FOB) - 2023

The average export price for frozen sheep (including lamb) boneless cutses stood at $7,668 per ton in November 2023, growing by 2% against the previous month. Overall, export price indicated resilient growth from November 2022 to November 2023: its price increased at an average monthly rate of +5.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for frozen sheep (including lamb) boneless cutses decreased by -21.3% against May 2023 indices. The pace of growth was the most pronounced in December 2022 an increase of 60% month-to-month. The export price peaked at $9,739 per ton in May 2023; however, from June 2023 to November 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Hungary ($17,372 per ton), while the average price for exports to Germany amounted to $7,226 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.8%), while the prices for the other major destinations experienced a decline.

Imports of Frozen Sheep (Including Lamb) Boneless Cuts in the Czech Republic

In 2022, approx. 150 tons of frozen sheep (including lamb) boneless cutses were imported into the Czech Republic; with an increase of 34% against 2021 figures. In general, imports, however, recorded a deep slump.

In value terms, imports of frozen sheep (including lamb) boneless cutses skyrocketed to $1.6M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. 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 the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany693628590630-3.1%
Netherlands12411228138946.4%
Spain2201392062575.3%
New Zealand51967.0186238-22.9%
IrelandN/A44.9N/A45.30.4%
Others24.619.65.038.416.0%
Total1,5791,0111,2681,5970.4%

Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to the Czech Republic in 2022:

  1. Germany (68.0 tons)
  2. Spain (28.6 tons)
  3. Netherlands (27.3 tons)
  4. New Zealand (19.3 tons)
  5. Ireland (2.9 tons)

Exports of Frozen Sheep (Including Lamb) Boneless Cuts in the Czech Republic

In 2022, shipments abroad of frozen sheep (including lamb) boneless cutses was finally on the rise to reach 249 tons after two years of decline. Over the period under review, exports continue to indicate a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of frozen sheep (including lamb) boneless cutses surged to $1.5M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.9% 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 +76.7% against 2019 indices. 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 the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7051,0459491,38325.2%
Slovakia12659.233.850.1-26.5%
Others33.323.356.993.441.0%
Total8641,1271,0401,52720.9%

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

  1. Germany (239.1 tons)
  2. Slovakia (4.8 tons)

Source: IndexBox Market Intelligence Platform

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