Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Sweden - 2023
Contents:
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Sweden (CIF) - 2023
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Sweden (FOB) - 2022
- Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Sweden
- Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Sweden
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Sweden (CIF) - 2023
The average import price for meat of sheep or goats; fresh, chilled or frozen stood at $6,627 per ton in October 2023, declining by -11.2% against the previous month. Overall, the import price saw a slight slump. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 11% month-to-month. The import price peaked at $9,065 per ton in July 2023; however, from August 2023 to October 2023, import prices stood at a somewhat 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 Ireland amounted to +1.3% per month.
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Sweden (FOB) - 2022
In 2022, the average export price for meat of sheep or goats; fresh, chilled or frozen amounted to $10,066 per ton, reducing by -24.7% against the previous year. Over the period under review, the export price saw a slight decrease. The growth pace was the most rapid in 2020 when the average export price increased by 25%. The export price peaked at $13,372 per ton in 2021, and then declined remarkably in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($19,457 per ton), while the average price for exports to Estonia ($2,749 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 Norway (+3.5%), while the prices for the other major destinations experienced a decline.
Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Sweden
In 2022, purchases abroad of meat of sheep or goats; fresh, chilled or frozen was finally on the rise to reach 10K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached 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 soared to $89M in 2022. The total import value increased at an average annual rate of +8.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed 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 Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 26.2 | 28.5 | 33.1 | 40.4 | 15.5% |
| New Zealand | 11.2 | 13.4 | 12.1 | 19.3 | 19.9% |
| Netherlands | 20.3 | 24.9 | 21.5 | 17.5 | -4.8% |
| Germany | 4.6 | 3.8 | 4.2 | 4.5 | -0.7% |
| Belgium | 2.1 | 2.2 | 1.9 | 2.8 | 10.1% |
| Denmark | 2.6 | 1.6 | 1.4 | 2.5 | -1.3% |
| Others | 2.9 | 3.3 | 2.8 | 2.1 | -10.2% |
| Total | 69.9 | 77.6 | 77.1 | 89.2 | 8.5% |
Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Sweden in 2022:
- Ireland (5.5K tons)
- New Zealand (2.0K tons)
- Netherlands (1.3K tons)
- Germany (0.4K tons)
- Denmark (0.2K tons)
- Belgium (0.2K tons)
Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Sweden
In 2022, shipments abroad of meat of sheep or goats; fresh, chilled or frozen increased by 79% to 192 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of meat of sheep or goats; fresh, chilled or frozen skyrocketed to $1.9M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.1% 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 Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 900 | 1,264 | 1,136 | 1,673 | 23.0% |
| Norway | 87.4 | 87.1 | 117 | 127 | 13.3% |
| Denmark | 50.7 | 56.9 | 76.7 | 108 | 28.7% |
| Estonia | N/A | N/A | 3.1 | 13.6 | 338.7% |
| United Kingdom | 106 | 0.8 | 2.1 | N/A | -85.9% |
| Others | 91.3 | 1.2 | 95.9 | 6.3 | -59.0% |
| Total | 1,235 | 1,410 | 1,431 | 1,928 | 16.0% |
Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Sweden in 2022:
- Finland (162.5 tons)
- Denmark (16.8 tons)
- Norway (6.5 tons)
- Estonia (4.9 tons)
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