Price for Frozen Sheep (Including Lamb) Boneless Cuts in Uruguay - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Uruguay (FOB) - 2023
- Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Uruguay
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Uruguay (FOB) - 2023
The average export price for frozen sheep (including lamb) boneless cutses stood at $5,044 per ton in December 2023, with a decrease of -7.5% against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average export price increased by 38% against the previous month. The export price peaked at $7,504 per ton in July 2023; however, from August 2023 to December 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($7,417 per ton), while the average price for exports to Germany ($1,364 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Uruguay
Exports of frozen sheep (including lamb) boneless cutses from Uruguay skyrocketed to 2K tons in 2022, jumping by 82% compared with the previous year's figure. In general, total exports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +4.9% over the last three-year period. 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.
In value terms, exports of frozen sheep (including lamb) boneless cutses skyrocketed to $17M in 2022. Overall, exports posted a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Frozen Sheep (Including Lamb) Boneless Cuts in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.2 | 0.9 | 0.7 | 4.9 | 59.8% |
| Canada | 2.9 | 5.0 | 3.3 | 4.7 | 17.5% |
| Brazil | 3.8 | 2.2 | 1.5 | 2.3 | -15.4% |
| China | 1.4 | 1.5 | 1.2 | 1.7 | 6.7% |
| Switzerland | N/A | 0.5 | 0.2 | 0.8 | 26.5% |
| France | 0.2 | 0.6 | N/A | 0.7 | 51.8% |
| Germany | 0.8 | 0.1 | N/A | 0.6 | -9.1% |
| United Kingdom | 0.4 | N/A | 0.1 | 0.4 | 0.0% |
| Others | 1.4 | 0.5 | 0.8 | 1.0 | -10.6% |
| Total | 12.0 | 11.5 | 7.9 | 17.0 | 12.3% |
Top Export Markets for Frozen Sheep (Including Lamb) Boneless Cuts from Uruguay in 2022:
- Canada (539.5 tons)
- China (482.7 tons)
- Netherlands (426.2 tons)
- Brazil (281.9 tons)
- France (72.9 tons)
- Germany (69.5 tons)
- Switzerland (54.4 tons)
- United Kingdom (36.1 tons)
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