Price for Frozen Lamb Carcasses and Half-Carcasses in Portugal - 2023
Contents:
- Price for Frozen Lamb Carcasses and Half-Carcasses in Portugal (CIF) - 2023
- Price for Frozen Lamb Carcasses and Half-Carcasses in Portugal (FOB) - 2022
- Imports of Frozen Lamb Carcasses and Half-Carcasses in Portugal
- Exports of Frozen Lamb Carcasses and Half-Carcasses in Portugal
Price for Frozen Lamb Carcasses and Half-Carcasses in Portugal (CIF) - 2023
The average import price for frozen lamb carcasses and half-carcasseses stood at $8,993 per ton in July 2023, jumping by 18% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($19,982 per ton), while the price for Greece ($7,236 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Lamb Carcasses and Half-Carcasses in Portugal (FOB) - 2022
The average export price for frozen lamb carcasses and half-carcasseses stood at $6,427 per ton in 2022, waning by -26.3% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 55%. Over the period under review, the average export prices hit record highs at $8,719 per ton in 2021, and then fell notably in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($16,669 per ton), while the average price for exports to the UK ($5,010 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 Angola (+9.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Frozen Lamb Carcasses and Half-Carcasses in Portugal
In 2022, the amount of frozen lamb carcasses and half-carcasseses imported into Portugal skyrocketed to 455 tons, rising by 41% compared with the previous year. Overall, imports, however, recorded a deep setback.
In value terms, frozen lamb carcasses and half-carcasses imports skyrocketed to $3.5M in 2022. In general, imports recorded perceptible growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Frozen Lamb Carcasses and Half-Carcasses in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 845 | 632 | 1,038 | 1,389 | 18.0% |
| France | 1,100 | 363 | 469 | 933 | -5.3% |
| Greece | N/A | N/A | 17.8 | 453 | 2444.9% |
| Spain | 830 | 781 | 379 | 413 | -20.8% |
| Italy | N/A | N/A | N/A | 176 | 0% |
| Netherlands | 380 | 63.4 | 179 | 59.9 | -46.0% |
| Others | 75.9 | 51.5 | 30.4 | 77.7 | 0.8% |
| Total | 3,231 | 1,891 | 2,113 | 3,502 | 2.7% |
Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to Portugal in 2022:
- Argentina (181.6 tons)
- France (130.9 tons)
- Greece (54.2 tons)
- Spain (52.1 tons)
- Italy (22.5 tons)
- Netherlands (6.8 tons)
Exports of Frozen Lamb Carcasses and Half-Carcasses in Portugal
In 2022, the amount of frozen lamb carcasses and half-carcasseses exported from Portugal soared to 136 tons, picking up by 696% on the previous year's figure. 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 soared to $875K in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Frozen Lamb Carcasses and Half-Carcasses in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1.3 | 24.8 | 3.7 | 724 | 722.7% |
| France | 82.9 | 1.8 | 10.4 | 110 | 9.9% |
| United Kingdom | N/A | 0.6 | 4.2 | 23.4 | 524.5% |
| Cabo Verde | 27.2 | 12.7 | 17.9 | 10.4 | -27.4% |
| Angola | 69.4 | 40.6 | 112 | 4.0 | -61.4% |
| Others | 5.5 | 5.9 | 1.0 | 2.7 | -21.1% |
| Total | 186 | 86.5 | 149 | 875 | 67.6% |
Top Export Markets for Frozen Lamb Carcasses and Half-Carcasses from Portugal in 2022:
- Spain (116.6 tons)
- France (13.2 tons)
- United Kingdom (4.7 tons)
- Cabo Verde (1.0 tons)
- Angola (0.2 tons)
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