Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Finland - 2023

Contents:

  1. Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Finland (CIF) - 2023
  2. Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Finland (FOB) - 2022
  3. Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Finland
  4. Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Finland

Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Finland (CIF) - 2023

In September 2023, the average import price for meat of sheep or goats; fresh, chilled or frozen amounted to $11,874 per ton, with an increase of 3.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 16% m-o-m. Over the period under review, average import prices hit record highs at $13,381 per ton in April 2023; however, from May 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($18,288 per ton), while the price for Latvia ($8,662 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Sweden (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Finland (FOB) - 2022

In 2022, the average export price for meat of sheep or goats; fresh, chilled or frozen amounted to $7,215 per ton, surging by 5.7% against the previous year. Overall, the export price, however, recorded a perceptible curtailment. The pace of growth was the most pronounced in 2015 an increase of 77%. Over the period under review, the average export prices attained the peak figure at $11,225 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($22,894 per ton), while the average price for exports to Sweden totaled $6,941 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+5.2%), while the prices for the other major destinations experienced a decline.

Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Finland

In 2022, purchases abroad of meat of sheep or goats; fresh, chilled or frozen was finally on the rise to reach 1.4K tons after two years of decline. In general, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of meat of sheep or goats; fresh, chilled or frozen skyrocketed to $17M in 2022. The total import value increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.07.45.97.756.7%
Sweden1.01.41.51.821.6%
Latvia0.30.60.61.467.1%
Belgium0.50.91.71.337.5%
New Zealand8.30.41.01.0-50.6%
Spain0.70.70.30.98.7%
DenmarkN/A0.1N/A0.6144.9%
Germany0.60.81.30.4-12.6%
Others1.00.10.91.411.9%
Total14.612.413.316.54.2%

Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Finland in 2022:

  1. Netherlands (543.8 tons)
  2. Sweden (196.4 tons)
  3. Latvia (183.8 tons)
  4. Spain (111.6 tons)
  5. New Zealand (83.4 tons)
  6. Denmark (65.8 tons)
  7. Belgium (64.4 tons)
  8. Germany (32.6 tons)

Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Finland

After three years of growth, shipments abroad of meat of sheep or goats; fresh, chilled or frozen decreased by -19.1% to 17 tons in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 697% against the previous year.

In value terms, exports of meat of sheep or goats; fresh, chilled or frozen dropped to $122K in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 574%.

Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden9.5126141116130.3%
Estonia9.31.22.06.3-12.2%
OthersN/AN/AN/A0.40%
Total18.812714312286.5%

Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Finland in 2022:

  1. Sweden (16.7 tons)
  2. Estonia (0.3 tons)

Source: IndexBox Market Intelligence Platform

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