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

Contents:

  1. Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Switzerland (CIF) - 2023
  2. Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Switzerland (FOB) - 2022
  3. Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Switzerland
  4. Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Switzerland

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

In December 2023, the average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $15,098 per ton, shrinking by -4.1% against the previous month. Overall, the import price continues to indicate a pronounced slump. The growth pace was the most rapid in April 2023 an increase of 41% month-to-month. As a result, import price reached the peak level of $22,419 per ton. From May 2023 to December 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Ireland ($25,377 per ton), while the price for the Netherlands ($12,728 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+17.6%), 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 Switzerland (FOB) - 2022

In 2022, the average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $31,349 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, saw a noticeable increase. The growth pace was the most rapid in 2017 an increase of 48% against the previous year. Over the period under review, the average export prices reached the peak figure at $31,823 per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($60,867 per ton), while the average price for exports to Cote d'Ivoire ($2,250 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 France (+10.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, supplies from abroad of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) decreased by -20.7% to 406 tons in 2022. The total import volume increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports reached the peak of 512 tons, and then contracted rapidly in the following year.

In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) contracted remarkably to $5.9M in 2022. The total import value increased at an average annual rate of +6.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 24%.

Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand1,9011,8472,9553,04617.0%
United Kingdom3002851181,04651.6%
Ireland22222930178352.2%
Australia76.823215053591.0%
Norway1.23.09.2152402.2%
Netherlands30643234798.1-31.6%
Germany21410877.283.0-27.1%
Chile116112133N/A7.1%
Others1,7452,7953,245107-60.6%
Total4,8836,0437,3355,8516.2%

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

  1. New Zealand (229.9 tons)
  2. United Kingdom (60.5 tons)
  3. Australia (47.6 tons)
  4. Ireland (40.5 tons)
  5. Norway (9.9 tons)
  6. Netherlands (7.3 tons)
  7. Germany (5.5 tons)

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

In 2022, shipments abroad of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) decreased by -47.6% to 86 kg for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,243% against the previous year. As a result, the exports attained the peak of 164 kg, and then reduced notably in the following year.

In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) contracted sharply to $2.7K in 2022. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 2,899%. As a result, the exports attained the peak of $5.2K, and then fell significantly in the following year.

Export of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Switzerland (USD)
COUNTRY202020212022CAGR,
2020-2022
France1311,6551,826273.3%
Germany17.0410771573.4%
Cote d'Ivoire6.043.045.0173.9%
NorwayN/A308N/A0%
AngolaN/A2,262N/A0%
Others20.054154.064.3%
Total1745,2192,696293.6%

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

  1. Germany (35.0 kg)
  2. France (30.0 kg)
  3. Cote d'Ivoire (20.0 kg)

Source: IndexBox Market Intelligence Platform

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