Price for Frozen Lamb Carcasses and Half-Carcasses in Luxembourg - 2023
Contents:
- Price for Frozen Lamb Carcasses and Half-Carcasses in Luxembourg (CIF) - 2022
- Price for Frozen Lamb Carcasses and Half-Carcasses in Luxembourg (FOB) - 2022
- Imports of Frozen Lamb Carcasses and Half-Carcasses in Luxembourg
- Exports of Frozen Lamb Carcasses and Half-Carcasses in Luxembourg
Price for Frozen Lamb Carcasses and Half-Carcasses in Luxembourg (CIF) - 2022
The average import price for frozen lamb carcasses and half-carcasseses stood at $10,598 per ton in 2022, increasing by 13% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 22%. Over the period under review, average import prices hit record highs at $10,951 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($12,276 per ton), while the price for Portugal ($9,914 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+8.0%), while the prices for the other major suppliers experienced a decline.
Price for Frozen Lamb Carcasses and Half-Carcasses in Luxembourg (FOB) - 2022
The average export price for frozen lamb carcasses and half-carcasseses stood at $11,579 per ton in 2022, reducing by -27.5% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The growth pace was the most rapid in 2014 when the average export price increased by 21%. Over the period under review, the average export prices reached the maximum at $77,250 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to -9.2% per year.
Imports of Frozen Lamb Carcasses and Half-Carcasses in Luxembourg
In 2022, approx. 12 tons of frozen lamb carcasses and half-carcasseses were imported into Luxembourg; declining by -33.4% compared with the year before. In general, imports saw a perceptible downturn. The growth pace was the most rapid in 2021 when imports increased by 43% against the previous year. As a result, imports attained the peak of 18 tons, and then reduced sharply in the following year.
In value terms, frozen lamb carcasses and half-carcasses imports fell sharply to $126K in 2022. Over the period under review, total imports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +4.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +23.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 63% against the previous year. As a result, imports attained the peak of $167K, and then contracted remarkably in the following year.
| Import of Frozen Lamb Carcasses and Half-Carcasses in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 109 | 102 | 143 | 88.2 | -6.8% |
| France | 1.1 | 0.6 | 19.0 | 33.7 | 212.9% |
| Portugal | N/A | N/A | N/A | 3.8 | 0% |
| Others | 1.2 | N/A | 4.6 | N/A | 95.8% |
| Total | 111 | 102 | 167 | 126 | 4.3% |
Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to Luxembourg in 2022:
- Belgium (8.7 tons)
- France (2.7 tons)
- Portugal (0.4 tons)
Exports of Frozen Lamb Carcasses and Half-Carcasses in Luxembourg
In 2022, the amount of frozen lamb carcasses and half-carcasseses exported from Luxembourg rose remarkably to 1.5 tons, increasing by 11% against the year before. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen lamb carcasses and half-carcasses exports dropped dramatically to $18K in 2022. Overall, exports recorded significant growth.
| Export of Frozen Lamb Carcasses and Half-Carcasses in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | 21.9 | 17.9 | -18.3% |
| Others | 0.3 | N/A | 0.2 | N/A | -18.4% |
| Total | 0.3 | N/A | 22.1 | 17.9 | 290.8% |
Top Export Markets for Frozen Lamb Carcasses and Half-Carcasses from Luxembourg in 2022:
- Belgium (1.5 tons)
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