Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Ireland - 2023
Contents:
- Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Ireland (FOB) - 2023
- Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Ireland (CIF) - 2022
- Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Ireland
- Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Ireland
Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Ireland (FOB) - 2023
In October 2023, the average export price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses amounted to $8,257 per ton, rising by 7.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The pace of growth was the most pronounced in April 2023 when the average export price increased by 18% month-to-month. Over the period under review, the average export prices reached the maximum at $9,466 per ton in May 2023; however, from June 2023 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was France ($8,484 per ton), while the average price for exports to Italy ($5,221 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 Germany (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Ireland (CIF) - 2022
The average import price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses stood at $4,290 per ton in 2022, rising by 9.5% against the previous year. Overall, the import price, however, continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2020 an increase of 45% against the previous year. Over the period under review, average import prices attained the maximum at $6,931 per ton in 2014; however, from 2015 to 2022, 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 the UK.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -3.2% per year.
Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Ireland
In 2022, after three years of growth, there was decline in shipments abroad of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses, when their volume decreased by -4% to 5.8K tons. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.6% 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 +50.6% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 26%. As a result, the exports attained the peak of 6.1K tons, and then reduced modestly in the following year.
In value terms, exports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses shrank to $45M in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 52% against the previous year. As a result, the exports reached the peak of $51M, and then shrank in the following year.
| Export of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 17.3 | 24.8 | 29.2 | 22.5 | 9.2% |
| Germany | 0.3 | 2.0 | 11.5 | 12.5 | 246.7% |
| Sweden | 2.4 | 3.3 | 4.6 | 4.7 | 25.1% |
| Belgium | 1.6 | 2.4 | 3.5 | 2.4 | 14.5% |
| Italy | 1.2 | 0.5 | 1.0 | 0.9 | -9.1% |
| United Kingdom | 0.1 | 0.1 | 0.1 | 0.6 | 81.7% |
| Others | 0.5 | 0.5 | 1.2 | 1.2 | 33.9% |
| Total | 23.3 | 33.6 | 51.1 | 44.9 | 24.4% |
Top Export Markets for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Ireland in 2022:
- France (2848.7 tons)
- Germany (1672.1 tons)
- Sweden (600.6 tons)
- Belgium (295.3 tons)
- Italy (171.4 tons)
- United Kingdom (89.0 tons)
Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Ireland
In 2022, approx. 933 tons of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses were imported into Ireland; jumping by 19% against the previous year. Overall, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 313% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses skyrocketed to $4M in 2022. In general, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 194%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
| Import of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 2.6 | 1.0 | 3.1 | 4.0 | 15.4% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 2.7 | 1.0 | 3.1 | 4.0 | 14.0% |
Top Suppliers of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Ireland in 2022:
- United Kingdom (933.0 tons)
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