Price for Frozen Lamb Carcasses and Half-Carcasses in Lithuania - 2023
Contents:
- Price for Frozen Lamb Carcasses and Half-Carcasses in Lithuania (CIF) - 2022
- Price for Frozen Lamb Carcasses and Half-Carcasses in Lithuania (FOB) - 2022
- Imports of Frozen Lamb Carcasses and Half-Carcasses in Lithuania
- Exports of Frozen Lamb Carcasses and Half-Carcasses in Lithuania
Price for Frozen Lamb Carcasses and Half-Carcasses in Lithuania (CIF) - 2022
The average import price for frozen lamb carcasses and half-carcasseses stood at $14,147 per ton in 2022, waning by -4% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 58% against the previous year. Over the period under review, average import prices hit record highs at $22,401 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($14,726 per ton), while the price for the Netherlands amounted to $14,137 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Lamb Carcasses and Half-Carcasses in Lithuania (FOB) - 2022
In 2022, the average export price for frozen lamb carcasses and half-carcasseses amounted to $14,946 per ton, therefore, remained relatively stable against the previous year. In general, export price indicated resilient growth from 2014 to 2022: its price increased at an average annual rate of +8.3% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen lamb carcasses and half-carcasses export price increased by +12.6% against 2018 indices. The most prominent rate of growth was recorded in 2017 an increase of 28% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($14,956 per ton), while the average price for exports to Latvia stood at $14,926 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+11.6%).
Imports of Frozen Lamb Carcasses and Half-Carcasses in Lithuania
In 2022, approx. 7 tons of frozen lamb carcasses and half-carcasseses were imported into Lithuania; which is down by -27% compared with 2021. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 547%. As a result, imports attained the peak of 9.6 tons, and then reduced markedly in the following year.
In value terms, frozen lamb carcasses and half-carcasses imports declined notably to $99K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 730%. As a result, imports reached the peak of $141K, and then dropped markedly in the following year.
| Import of Frozen Lamb Carcasses and Half-Carcasses in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 22.7 | 16.8 | 139 | 96.9 | 62.2% |
| Germany | 0.2 | 0.2 | 2.0 | 1.8 | 108.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 22.9 | 17.0 | 141 | 98.7 | 62.7% |
Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to Lithuania in 2022:
- Netherlands (6.9 tons)
- Germany (0.1 tons)
Exports of Frozen Lamb Carcasses and Half-Carcasses in Lithuania
In 2022, the amount of frozen lamb carcasses and half-carcasseses exported from Lithuania shrank rapidly to 1.2 tons, declining by -36.7% compared with the year before. In general, exports, however, posted a remarkable increase. The growth pace was the most rapid in 2021 when exports increased by 513%. As a result, the exports attained the peak of 1.9 tons, and then dropped notably in the following year.
In value terms, frozen lamb carcasses and half-carcasses exports dropped remarkably to $18K in 2022. Overall, exports, however, recorded strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 675%. As a result, the exports reached the peak of $29K, and then fell markedly in the following year.
| Export of Frozen Lamb Carcasses and Half-Carcasses in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 3.3 | 2.5 | 14.4 | 12.8 | 57.1% |
| Latvia | 8.5 | 1.2 | 8.4 | 5.6 | -13.0% |
| Spain | N/A | N/A | 6.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.8 | 3.7 | 28.8 | 18.4 | 16.0% |
Top Export Markets for Frozen Lamb Carcasses and Half-Carcasses from Lithuania in 2022:
- Estonia (855.0 kg)
- Latvia (376.0 kg)
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