EU: Market for Lamb and Sheep Meat 2024

Market Size for Lamb and Sheep Meat in the EU

The EU lamb and sheep meat market amounted to $X in 2022, growing by X% against the previous year. In general, consumption, however, saw a pronounced downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Lamb and Sheep Meat in the EU

In value terms, lamb and sheep meat production amounted to $X in 2022 estimated in export price. Overall, production showed a perceptible slump. The pace of growth appeared the most rapid in 2020 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were Spain (X tons), France (X tons) and Ireland (X tons), together comprising X% of total production. Greece, Romania, Germany, Italy and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by the Netherlands (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average lamb and sheep meat yield shrank to X kg per head in 2022, approximately mirroring the previous year. In general, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The level of yield peaked at X kg per head in 2017; however, from 2018 to 2022, the yield failed to regain momentum.

In 2022, number of animals slaughtered for lamb and sheep meat production in the European Union dropped modestly to X heads, flattening at the previous year's figure. In general, the number of producing animals saw a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of producing animals peaked at X heads in 2012; however, from 2013 to 2022, producing animals remained at a lower figure.

Exports of Lamb and Sheep Meat

Exports in the EU

In 2022, approx. X tons of lamb and sheep meat were exported in the European Union; growing by X% compared with the previous year. Total exports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, lamb and sheep meat exports rose significantly to $X in 2022. In general, exports enjoyed a resilient increase. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

The biggest shipments were from Ireland (X tons), France (X tons), Spain (X tons) and the Netherlands (X tons), together resulting at X% of total export. It was distantly followed by Belgium (X tons), generating a X% share of total exports. Greece (X tons) and Germany (X tons) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by France (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest lamb and sheep meat supplying countries in the European Union were Ireland ($X), France ($X) and the Netherlands ($X), together accounting for X% of total exports.

France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, standing approx. at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. Over the period under review, the export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Imports of Lamb and Sheep Meat

Imports in the EU

After three years of decline, supplies from abroad of lamb and sheep meat increased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, lamb and sheep meat imports soared to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

France was the largest importing country with an import of around X tons, which resulted at X% of total imports. Germany (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by the Netherlands (X%), Italy (X%) and Belgium (X%). Sweden (X tons) and Ireland (X tons) followed a long way behind the leaders.

France experienced a relatively flat trend pattern with regard to volume of imports of lamb and sheep meat. At the same time, Ireland (X%), the Netherlands (X%), Sweden (X%) and Germany (X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Italy experienced a relatively flat trend pattern. By contrast, Belgium (X%) illustrated a downward trend over the same period. The Netherlands (X p.p.) and Ireland (X p.p.) significantly strengthened its position in terms of the total imports, while Belgium and France saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X) constitutes the largest market for imported lamb and sheep meat in the European Union, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

In France, lamb and sheep meat imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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