Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Italy - 2023
Contents:
- Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Italy (CIF) - 2023
- Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Italy (FOB) - 2022
- Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Italy
- Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Italy
Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Italy (CIF) - 2023
In August 2023, the average import price for fresh or chilled sheep (including lamb) boneless cutses amounted to $11,381 per ton, rising by 6.6% against the previous month. In general, the import price, however, continues to indicate a mild downturn. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 22% against the previous month. The import price peaked at $12,934 per ton in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Belgium ($18,796 per ton), while the price for Portugal ($2,043 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 France (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Italy (FOB) - 2022
The average export price for fresh or chilled sheep (including lamb) boneless cutses stood at $12,408 per ton in 2022, with an increase of 14% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices reached the maximum at $16,295 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($20,740 per ton), while the average price for exports to the Netherlands ($5,707 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 Ireland (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Italy
Imports of fresh or chilled sheep (including lamb) boneless cutses into Italy expanded significantly to 455 tons in 2022, surging by 7.1% on 2021. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 9.9%. As a result, imports reached the peak of 456 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of fresh or chilled sheep (including lamb) boneless cutses expanded notably to $5.3M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.1% 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 +47.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 33%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Italy (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 16.6 | 0.1 | 2,670 | 2,699 | 445.8% |
Ireland | 706 | 394 | 1,224 | 1,004 | 12.5% |
Germany | 346 | 133 | 412 | 493 | 12.5% |
Spain | 76.6 | 40.9 | 65.3 | 361 | 67.7% |
Netherlands | 194 | 2.6 | 44.1 | 327 | 19.0% |
Belgium | 217 | 140 | 149 | 309 | 12.5% |
United Kingdom | 2,061 | 2,862 | 52.9 | 46.6 | -71.7% |
Others | 26.2 | 13.3 | 164 | 38.2 | 13.4% |
Total | 3,643 | 3,586 | 4,781 | 5,277 | 13.1% |
Top Suppliers of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts to Italy in 2022:
- France (269.4 tons)
- Ireland (88.2 tons)
- Spain (29.7 tons)
- Germany (25.5 tons)
- Netherlands (19.4 tons)
- Belgium (15.1 tons)
- United Kingdom (3.6 tons)
Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Italy
After three years of growth, overseas shipments of fresh or chilled sheep (including lamb) boneless cutses decreased by -27.2% to 81 tons in 2022. Overall, exports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 81%. As a result, the exports attained the peak of 111 tons, and then dropped rapidly in the following year.
In value terms, exports of fresh or chilled sheep (including lamb) boneless cutses dropped significantly to $1M in 2022. In general, exports, however, showed a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 65%. As a result, the exports attained the peak of $1.2M, and then shrank significantly in the following year.
Export of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Italy (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 444 | 659 | 1,069 | 863 | 24.8% |
Croatia | 2.4 | 3.7 | 14.4 | 51.5 | 177.9% |
Ireland | N/A | N/A | N/A | 22.6 | 0% |
Poland | N/A | 0.3 | 2.5 | 21.8 | 752.4% |
France | 49.5 | 33.0 | 29.2 | 12.6 | -36.6% |
Netherlands | 0.1 | N/A | N/A | 8.6 | 341.4% |
Spain | 97.0 | 0.6 | 1.6 | N/A | -87.2% |
Others | 31.5 | 34.6 | 91.5 | 24.0 | -8.7% |
Total | 624 | 731 | 1,208 | 1,004 | 17.2% |
Top Export Markets for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts from Italy in 2022:
- Belgium (70.5 tons)
- Croatia (2.5 tons)
- Poland (1.7 tons)
- Ireland (1.6 tons)
- Netherlands (1.5 tons)
- France (0.8 tons)
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