Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Greece - 2023

Contents:

  1. Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Greece (CIF) - 2023
  2. Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Greece (FOB) - 2023
  3. Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Greece
  4. Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Greece

Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Greece (CIF) - 2023

The average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $5,827 per ton in October 2023, dropping by -18.8% against the previous month. Overall, the import price saw a perceptible downturn. The most prominent rate of growth was recorded in February 2023 an increase of 21% m-o-m. Over the period under review, average import prices hit record highs at $8,987 per ton in June 2023; however, from July 2023 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($12,984 per ton), while the price for the Netherlands ($1,665 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+2.6%), 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 Greece (FOB) - 2023

In October 2023, the average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $6,258 per ton, shrinking by -12.6% against the previous month. In general, the export price, however, recorded a measured increase. The growth pace was the most rapid in June 2023 an increase of 214% m-o-m. The export price peaked at $8,601 per ton in August 2023; however, from September 2023 to October 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Spain ($15,025 per ton), while the average price for exports to the UK ($924 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+11.2%), 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 Greece

In 2022, purchases abroad of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) was finally on the rise to reach 2.5K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a temperate expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) skyrocketed to $20M in 2022. Overall, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand14.57.14.417.56.5%
Netherlands0.30.10.41.258.7%
France0.40.10.60.614.5%
Spain0.10.10.40.458.7%
Others0.20.10.60.314.5%
Total15.57.46.320.08.9%

Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Greece in 2022:

  1. New Zealand (2134.9 tons)
  2. Spain (147.5 tons)
  3. Netherlands (86.0 tons)
  4. France (68.0 tons)

Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Greece

In 2022, approx. 806 tons of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) were exported from Greece; jumping by 34% against the previous year. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 100% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) soared to $3.6M in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman15.5N/A1,0431,725381.0%
Poland10921855167183.3%
Germany12216717330435.6%
KuwaitN/AN/AN/A2410%
Cyprus18015849.4131-10.1%
Albania11.113.213099.1107.5%
United Kingdom10.898156.675.090.8%
Italy50.943.857.556.13.3%
Ireland620N/AN/AN/A0%
Others2301072842695.4%
Total1,3481,6892,3453,57238.4%

Top Export Markets for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) from Greece in 2022:

  1. Oman (439.6 tons)
  2. Poland (74.7 tons)
  3. Italy (63.8 tons)
  4. Kuwait (60.7 tons)
  5. Albania (52.8 tons)
  6. Germany (27.6 tons)
  7. United Kingdom (25.4 tons)
  8. Cyprus (12.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) - Greece