Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Spain - 2023

Contents:

  1. Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Spain (FOB) - 2023
  2. Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Spain (CIF) - 2023
  3. Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Spain
  4. Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Spain

Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Spain (FOB) - 2023

In October 2023, the average export price for fresh or chilled lamb carcasses and half-carcasseses amounted to $8,924 per ton, remaining relatively unchanged against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 22% month-to-month. The export price peaked at $10,147 per ton in June 2023; however, from July 2023 to October 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Greece ($13,609 per ton), while the average price for exports to Hungary ($3,950 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 Greece (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Spain (CIF) - 2023

In September 2023, the average import price for fresh or chilled lamb carcasses and half-carcasseses amounted to $9,206 per ton, shrinking by -51.8% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in August 2023 when the average import price increased by 204% m-o-m. As a result, import price reached the peak level of $19,090 per ton, and then declined significantly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Belgium ($14,696 per ton), while the price for the Netherlands ($6,364 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 France (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Spain

Exports of fresh or chilled lamb carcasses and half-carcasseses from Spain shrank to 19K tons in 2022, with a decrease of -11.1% on the previous year. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +6.3% 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 +36.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 54% against the previous year. As a result, the exports reached the peak of 21K tons, and then declined in the following year.

In value terms, exports of fresh or chilled lamb carcasses and half-carcasseses declined to $150M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.2% 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 +53.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 77% against the previous year. As a result, the exports reached the peak of $172M, and then fell in the following year.

Export of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France74.176.013010612.7%
Italy15.712.217.220.910.0%
Portugal6.95.37.69.410.9%
Hungary0.1N/AN/A3.2217.5%
Germany0.10.17.23.1214.1%
Greece0.40.71.72.481.7%
Others3.13.18.24.714.9%
Total10097.317215014.5%

Top Export Markets for Fresh or Chilled Lamb Carcasses and Half-Carcasses from Spain in 2022:

  1. France (13.0K tons)
  2. Italy (2.7K tons)
  3. Portugal (1.1K tons)
  4. Hungary (0.8K tons)
  5. Germany (0.4K tons)
  6. Greece (0.3K tons)

Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Spain

Imports of fresh or chilled lamb carcasses and half-carcasseses into Spain was estimated at 3.2K tons in 2022, growing by 9.1% compared with the previous year's figure. The total import volume increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of fresh or chilled lamb carcasses and half-carcasseses reduced modestly to $26M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +45.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. As a result, imports attained the peak of $27M, leveling off in the following year.

Import of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy8.19.613.714.120.3%
Greece6.74.99.28.89.5%
France1.91.63.33.219.0%
United Kingdom1.01.9N/AN/A90.0%
Others0.40.50.50.3-9.1%
Total18.118.526.726.413.4%

Top Suppliers of Fresh or Chilled Lamb Carcasses and Half-Carcasses to Spain in 2022:

  1. Italy (1620.3 tons)
  2. Greece (976.7 tons)
  3. France (580.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fresh or chilled lamb carcasses and half-carcasses - Spain