Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Croatia - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Croatia (CIF) - 2023
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Croatia (FOB) - 2022
- Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Croatia
- Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Croatia
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Croatia (CIF) - 2023
In August 2023, the average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $24,550 per ton, increasing by 87% against the previous month. Overall, import price indicated a temperate increase from August 2022 to August 2023: its price increased at an average monthly rate of +4.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) increased by +86.7% against July 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($31,649 per ton), while the price for Belgium ($13,611 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Croatia (FOB) - 2022
The average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $19,997 per ton in 2022, jumping by 38% against the previous year. Overall, export price indicated a resilient increase from 2014 to 2022: its price increased at an average annual rate of +5.5% over the last eight-year period. 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) cuts with bone in (excluding carcasses and half-carcasses) increased by +7.0% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by 51% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($27,424 per ton), while the average price for exports to Hungary ($11,309 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Croatia
In 2022, approx. 179 tons of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) were imported into Croatia; jumping by 48% compared with the previous year. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 272%.
In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) skyrocketed to $2.7M in 2022. Overall, imports saw perceptible growth. The most prominent rate of growth was recorded in 2021 when imports increased by 232%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 378 | 131 | 723 | 1,312 | 51.4% |
| Netherlands | 1,166 | 255 | 562 | 690 | -16.0% |
| Italy | 155 | 106 | 208 | 301 | 24.8% |
| Belgium | 12.3 | N/A | 156 | 207 | 156.3% |
| Spain | 31.1 | 9.6 | 18.7 | 45.0 | 13.1% |
| New Zealand | 625 | N/A | N/A | N/A | 0% |
| Others | 15.0 | 0.3 | 2.4 | 182 | 129.8% |
| Total | 2,382 | 502 | 1,670 | 2,736 | 4.7% |
Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Croatia in 2022:
- Germany (87.2 tons)
- Netherlands (43.6 tons)
- Italy (16.9 tons)
- Belgium (15.3 tons)
- Spain (7.1 tons)
Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Croatia
In 2022, approx. 14 tons of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) were exported from Croatia; with an increase of 43% compared with the previous year's figure. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 126%.
In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) soared to $277K in 2022. Overall, exports saw a measured increase. The most prominent rate of growth was recorded in 2021 when exports increased by 148% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 105 | 41.2 | 86.7 | 164 | 16.0% |
| Montenegro | 131 | 8.1 | 40.3 | 93.1 | -10.8% |
| Slovenia | 24.0 | 7.3 | 13.0 | 10.3 | -24.6% |
| Hungary | N/A | N/A | N/A | 9.0 | 0% |
| Others | N/A | N/A | 0.7 | N/A | 0% |
| Total | 259 | 56.6 | 141 | 277 | 2.3% |
Top Export Markets for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) from Croatia in 2022:
- Serbia (8.8 tons)
- Montenegro (3.8 tons)
- Hungary (0.8 tons)
- Slovenia (0.4 tons)
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