Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Belgium - 2023
Contents:
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Belgium (CIF) - 2023
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Belgium (FOB) - 2022
- Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Belgium
- Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Belgium
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Belgium (CIF) - 2023
In October 2023, the average import price for meat of sheep or goats; fresh, chilled or frozen amounted to $11,427 per ton, growing by 14% against the previous month. In general, the import price continues to indicate a modest expansion. The growth pace was the most rapid in April 2023 when the average import price increased by 22% m-o-m. Over the period under review, average import prices attained the peak figure at $12,000 per ton in June 2023; however, from July 2023 to October 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for New Zealand.
From October 2022 to October 2023, the rate of growth in terms of prices for France amounted to +1.1% per month.
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Belgium (FOB) - 2022
In 2022, the average export price for meat of sheep or goats; fresh, chilled or frozen amounted to $11,600 per ton, picking up by 8.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2021 when the average export price increased by 19% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($18,520 per ton), while the average price for exports to France ($9,466 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 Sweden (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Belgium
In 2022, approx. 21K tons of meat of sheep or goats; fresh, chilled or frozen were imported into Belgium; rising by 27% against 2021. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.
In value terms, imports of meat of sheep or goats; fresh, chilled or frozen skyrocketed to $201M in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years.
| Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 26.6 | 48.3 | 48.9 | 61.3 | 32.1% |
| France | 10.5 | 8.6 | 23.6 | 52.6 | 71.1% |
| Netherlands | 45.8 | 30.5 | 43.3 | 43.8 | -1.5% |
| Ireland | 29.7 | 37.0 | 41.8 | 30.7 | 1.1% |
| Germany | 3.4 | 4.1 | 5.0 | 5.5 | 17.4% |
| Spain | 3.9 | 3.7 | 1.5 | 2.1 | -18.6% |
| United Kingdom | 55.9 | 66.2 | 2.2 | 0.4 | -80.7% |
| Others | 2.8 | 5.1 | 8.1 | 4.4 | 16.3% |
| Total | 179 | 204 | 175 | 201 | 3.9% |
Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Belgium in 2022:
- Netherlands (6.3K tons)
- France (5.7K tons)
- New Zealand (4.8K tons)
- Ireland (2.9K tons)
- Germany (0.4K tons)
- Spain (0.3K tons)
- United Kingdom (0.1K tons)
Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Belgium
In 2022, exports of meat of sheep or goats; fresh, chilled or frozen from Belgium skyrocketed to 12K tons, picking up by 16% against the year before. The total export volume increased at an average annual rate of +11.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 24%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of meat of sheep or goats; fresh, chilled or frozen soared to $137M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.3% 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 +65.6% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 24.8 | 16.3 | 22.4 | 61.9 | 35.6% |
| France | 16.1 | 44.8 | 50.6 | 39.1 | 34.4% |
| Netherlands | 16.3 | 9.3 | 12.2 | 12.4 | -8.7% |
| Luxembourg | 5.8 | 5.4 | 5.8 | 5.6 | -1.2% |
| Italy | 4.4 | 2.8 | 2.8 | 4.3 | -0.8% |
| Spain | 4.9 | 3.5 | 1.8 | 1.3 | -35.7% |
| United Kingdom | 2.6 | 4.8 | 0.3 | 0.5 | -42.3% |
| Others | 7.7 | 6.5 | 12.0 | 11.7 | 15.0% |
| Total | 82.7 | 93.4 | 108 | 137 | 18.3% |
Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Belgium in 2022:
- Germany (5.0K tons)
- France (4.1K tons)
- Netherlands (0.9K tons)
- Luxembourg (0.4K tons)
- Italy (0.2K tons)
- United Kingdom (0.2K tons)
- Spain (0.1K tons)
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