Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Portugal - 2023
Contents:
- Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Portugal (CIF) - 2023
- Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Portugal (FOB) - 2022
- Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Portugal
- Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Portugal
Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Portugal (CIF) - 2023
In October 2023, the average import price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses amounted to $8,602 per ton, picking up by 17% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in December 2022 an increase of 24% m-o-m. The import price peaked in October 2023.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was France ($9,249 per ton), while the price for Spain ($8,500 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.6%), 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 Portugal (FOB) - 2022
The average export price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses stood at $3,972 per ton in 2022, waning by -19% against the previous year. Over the period under review, the export price, however, recorded a modest increase. The pace of growth appeared the most rapid in 2016 an increase of 145% against the previous year. As a result, the export price reached the peak level of $9,058 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($9,124 per ton), while the average price for exports to Spain amounted to $3,805 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.7%).
Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Portugal
In 2022, approx. 629 tons of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses were imported into Portugal; increasing by 3.9% on 2021. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 56%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses dropped slightly to $4.8M in 2022. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 106% against the previous year. As a result, imports reached the peak of $4.9M, and then reduced slightly in the following year.
| Import of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,254 | 1,729 | 2,681 | 4,283 | 50.6% |
| France | 99.7 | 338 | 501 | 408 | 60.0% |
| Netherlands | 122 | 140 | 97.2 | 21.4 | -44.0% |
| Greece | N/A | 20.3 | 1,529 | N/A | 7432.0% |
| Others | N/A | 133 | 59.5 | 54.6 | -35.9% |
| Total | 1,475 | 2,360 | 4,868 | 4,767 | 47.8% |
Top Suppliers of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Portugal in 2022:
- Spain (571.3 tons)
- France (46.9 tons)
- Netherlands (2.8 tons)
Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Portugal
In 2022, shipments abroad of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses was finally on the rise to reach 179 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports enjoyed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses skyrocketed to $712K in 2022. Over the period under review, exports saw a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 378 | 290 | 102 | 661 | 20.5% |
| Luxembourg | N/A | N/A | N/A | 44.4 | 0% |
| Italy | 139 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.2 | 7.0 | 6.7 | 478.8% |
| Total | 517 | 290 | 109 | 712 | 11.3% |
Top Export Markets for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Portugal in 2022:
- Spain (173.6 tons)
- Luxembourg (4.9 tons)
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