Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Luxembourg - 2023
Contents:
- Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Luxembourg (CIF) - 2023
- Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Luxembourg (FOB) - 2022
- Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Luxembourg
- Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Luxembourg
Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Luxembourg (CIF) - 2023
The average import price for fresh or chilled lamb carcasses and half-carcasseses stood at $12,070 per ton in August 2023, with a decrease of -3.9% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 23% m-o-m. The import price peaked at $13,041 per ton in May 2023; however, from June 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($21,464 per ton), while the price for Ireland ($8,743 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Luxembourg (FOB) - 2022
The average export price for fresh or chilled lamb carcasses and half-carcasseses stood at $16,398 per ton in 2022, picking up by 5.1% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fresh or chilled lamb carcasses and half-carcasseses increased by +71.8% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 44%. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($18,418 per ton), while the average price for exports to France ($12,299 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 France (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Luxembourg
For the fourth year in a row, Luxembourg recorded growth in supplies from abroad of fresh or chilled lamb carcasses and half-carcasseses, which increased by 26% to 199 tons in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fresh or chilled lamb carcasses and half-carcasseses soared to $2.1M in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 35.7 | 172 | 417 | 716 | 171.7% |
| France | 561 | 573 | 758 | 659 | 5.5% |
| Belgium | 300 | 327 | 297 | 569 | 23.8% |
| Portugal | 22.4 | 41.8 | 74.8 | 74.8 | 49.5% |
| Germany | 11.3 | 39.0 | 57.3 | 37.8 | 49.6% |
| Others | 124 | 27.2 | 11.5 | 4.8 | -66.2% |
| Total | 1,054 | 1,180 | 1,615 | 2,062 | 25.1% |
Top Suppliers of Fresh or Chilled Lamb Carcasses and Half-Carcasses to Luxembourg in 2022:
- Ireland (86.3 tons)
- France (64.4 tons)
- Belgium (35.4 tons)
- Portugal (7.7 tons)
- Germany (5.0 tons)
Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Luxembourg
In 2022, exports of fresh or chilled lamb carcasses and half-carcasseses from Luxembourg fell markedly to 10 tons, dropping by -19.4% on 2021. Overall, exports showed a dramatic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 7.5%.
In value terms, exports of fresh or chilled lamb carcasses and half-carcasseses contracted sharply to $165K in 2022. In general, exports recorded a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 37% against the previous year.
| Export of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 178 | 76.1 | 80.1 | 123 | -11.6% |
| France | 47.7 | 53.8 | 109 | 39.6 | -6.0% |
| Germany | 25.8 | 12.3 | 6.1 | 2.5 | -54.1% |
| Others | 1.2 | N/A | N/A | N/A | 0% |
| Total | 253 | 142 | 195 | 165 | -13.3% |
Top Export Markets for Fresh or Chilled Lamb Carcasses and Half-Carcasses from Luxembourg in 2022:
- Belgium (6.7 tons)
- France (3.2 tons)
- Germany (0.2 tons)
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