Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain - 2023
Contents:
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain (FOB) - 2023
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain (CIF) - 2022
- Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain
- Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain (FOB) - 2023
In October 2023, the average export price for meat of sheep or goats; fresh, chilled or frozen amounted to $6,546 per ton, picking up by 1.7% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in March 2023 when the average export price increased by 24% month-to-month. Over the period under review, the average export prices reached the maximum at $7,410 per ton in June 2023; however, from July 2023 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Israel ($13,772 per ton), while the average price for exports to Qatar ($3,204 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 Slovenia (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain (CIF) - 2022
The average import price for meat of sheep or goats; fresh, chilled or frozen stood at $8,059 per ton in 2022, increasing by 1.8% against the previous year. Over the period under review, the import price recorded a mild increase. The pace of growth was the most pronounced in 2018 an increase of 11% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($15,234 per ton), while the price for Portugal ($4,187 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain
Exports of meat of sheep or goats; fresh, chilled or frozen from Spain fell to 49K tons in 2022, with a decrease of -7.4% against the previous year's figure. The total export volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 25% against the previous year. As a result, the exports attained the peak of 53K tons, and then declined in the following year.
In value terms, exports of meat of sheep or goats; fresh, chilled or frozen fell to $321M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 +48.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, the exports attained the peak of $335M, and then reduced slightly in the following year.
| Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 102 | 100 | 159 | 137 | 10.3% |
| Italy | 25.7 | 19.7 | 34.2 | 37.3 | 13.2% |
| Israel | 6.7 | 12.3 | 18.9 | 19.8 | 43.5% |
| Portugal | 13.0 | 8.9 | 13.8 | 19.3 | 14.1% |
| Qatar | 5.3 | 9.2 | 10.8 | 13.2 | 35.5% |
| Germany | 4.7 | 4.0 | 12.5 | 10.2 | 29.5% |
| United Kingdom | 9.1 | 8.7 | 9.8 | 9.0 | -0.4% |
| Netherlands | 5.4 | 4.2 | 9.3 | 8.8 | 17.7% |
| United Arab Emirates | 2.4 | 8.1 | 8.5 | 7.2 | 44.2% |
| Oman | 0.6 | 5.6 | 8.5 | 6.6 | 122.4% |
| Bahrain | 2.8 | 6.1 | 3.7 | 5.0 | 21.3% |
| Saudi Arabia | 5.8 | 4.6 | 8.9 | 4.7 | -6.8% |
| Kuwait | 5.2 | 7.9 | 6.4 | 4.2 | -6.9% |
| Others | 27.4 | 24.1 | 30.2 | 38.6 | 12.1% |
| Total | 216 | 224 | 335 | 321 | 14.1% |
Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Spain in 2022:
- France (18.3K tons)
- Italy (6.5K tons)
- Qatar (2.7K tons)
- Portugal (2.6K tons)
- Israel (1.7K tons)
- Germany (1.7K tons)
- Oman (1.5K tons)
- United Arab Emirates (1.4K tons)
- Netherlands (1.3K tons)
- United Kingdom (1.3K tons)
- Bahrain (1.0K tons)
- Saudi Arabia (0.9K tons)
- Kuwait (0.9K tons)
Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain
Imports of meat of sheep or goats; fresh, chilled or frozen into Spain surged to 7.7K tons in 2022, growing by 27% against 2021 figures. Over the period under review, imports, however, saw a relatively flat trend pattern.
In value terms, imports of meat of sheep or goats; fresh, chilled or frozen surged to $62M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 10.1 | 10.6 | 18.4 | 19.5 | 24.5% |
| Greece | 7.9 | 6.0 | 11.5 | 12.4 | 16.2% |
| Netherlands | 4.6 | 2.3 | 3.3 | 8.5 | 22.7% |
| France | 4.8 | 4.6 | 7.6 | 7.5 | 16.0% |
| New Zealand | 5.8 | 2.5 | 0.8 | 6.2 | 2.2% |
| Argentina | 2.5 | 2.0 | 1.3 | 2.1 | -5.6% |
| Portugal | 0.5 | 0.4 | 0.5 | 0.9 | 21.6% |
| Chile | 1.4 | 0.9 | 0.6 | 0.9 | -13.7% |
| Germany | 5.0 | 5.3 | 0.4 | 0.7 | -48.1% |
| Poland | 0.8 | 0.7 | 0.6 | 0.5 | -14.5% |
| United Kingdom | 3.1 | 3.8 | 0.1 | 0.1 | -68.2% |
| Iceland | 3.0 | N/A | N/A | N/A | 0% |
| Others | 3.2 | 1.0 | 3.0 | 2.9 | -3.2% |
| Total | 52.7 | 40.1 | 48.2 | 62.2 | 5.7% |
Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Spain in 2022:
- Italy (2509.4 tons)
- Greece (1420.5 tons)
- France (1159.5 tons)
- Netherlands (855.7 tons)
- New Zealand (702.7 tons)
- Argentina (251.3 tons)
- Portugal (213.2 tons)
- Chile (102.9 tons)
- Poland (70.2 tons)
- Germany (58.7 tons)
- United Kingdom (9.9 tons)
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