Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Italy - 2023
Contents:
- Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Italy (CIF) - 2023
- Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Italy (FOB) - 2022
- Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Italy
- Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Italy
Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Italy (CIF) - 2023
The average import price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses stood at $5,268 per ton in August 2023, surging by 4.5% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 21% m-o-m. As a result, import price attained the peak level of $5,623 per ton. From May 2023 to August 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the highest price was recorded for prices from the Netherlands ($6,290 per ton) and France ($5,538 per ton), while the price for Spain ($4,264 per ton) and Portugal ($4,511 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Italy (FOB) - 2022
The average export price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses stood at $3,566 per ton in 2022, declining by -15.6% against the previous year. Overall, the export price showed a slight slump. The pace of growth appeared the most rapid in 2016 when the average export price increased by 160% against the previous year. Over the period under review, the average export prices hit record highs at $9,013 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
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 France ($5,500 per ton), while the average price for exports to Malta ($3,130 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 Kuwait (+11.0%), while the prices for the other major destinations experienced a decline.
Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Italy
In 2022, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses into Italy surged to 9.8K tons, growing by 16% on 2021. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses surged to $48M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 40%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 9.3 | 8.4 | 12.3 | 17.8 | 24.2% |
| Ireland | 7.0 | 7.1 | 10.3 | 10.4 | 14.1% |
| Spain | 6.2 | 2.7 | 5.5 | 9.6 | 15.7% |
| Netherlands | 4.8 | 4.8 | 5.2 | 5.3 | 3.4% |
| Romania | 2.7 | 0.6 | 0.7 | 1.2 | -23.7% |
| Greece | 0.4 | 0.5 | 0.8 | 1.1 | 40.1% |
| Germany | 1.4 | 2.2 | 2.5 | 1.0 | -10.6% |
| Portugal | N/A | N/A | 0.4 | 0.9 | 125.0% |
| United Kingdom | 1.2 | 1.2 | N/A | N/A | 0.0% |
| Others | 1.5 | 0.6 | 1.5 | 0.2 | -48.9% |
| Total | 34.5 | 28.1 | 39.3 | 47.7 | 11.4% |
Top Suppliers of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Italy in 2022:
- France (3.6K tons)
- Ireland (2.1K tons)
- Spain (2.1K tons)
- Netherlands (0.9K tons)
- Romania (0.3K tons)
- Greece (0.3K tons)
- Portugal (0.2K tons)
- Germany (0.2K tons)
Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Italy
In 2022, overseas shipments of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses were finally on the rise to reach 420 tons after two years of decline. Overall, exports, however, saw a deep downturn.
In value terms, exports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses dropped to $1.5M in 2022. Over the period under review, exports, however, continue to indicate a abrupt decrease.
| Export of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,489 | 1,074 | 254 | 1,000 | -12.4% |
| Malta | 244 | 245 | 326 | 290 | 5.9% |
| Kuwait | N/A | N/A | N/A | 114 | 0% |
| France | 62.0 | 62.2 | 390 | 89.7 | 13.1% |
| South Korea | N/A | 192 | N/A | N/A | 0% |
| Sri Lanka | 182 | 144 | N/A | N/A | -20.9% |
| Oman | 248 | 412 | N/A | N/A | 66.1% |
| Singapore | 96.4 | N/A | N/A | N/A | 0% |
| Qatar | 96.2 | N/A | N/A | N/A | 0% |
| Others | 85.7 | 171 | 634 | 5.8 | -59.2% |
| Total | 2,504 | 2,300 | 1,604 | 1,499 | -15.7% |
Top Export Markets for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Italy in 2022:
- Spain (289.3 tons)
- Malta (92.6 tons)
- Kuwait (21.4 tons)
- France (16.3 tons)
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