Price for Frozen Lamb Carcasses and Half-Carcasses in Spain - 2023
Contents:
- Price for Frozen Lamb Carcasses and Half-Carcasses in Spain (FOB) - 2022
- Price for Frozen Lamb Carcasses and Half-Carcasses in Spain (CIF) - 2023
- Exports of Frozen Lamb Carcasses and Half-Carcasses in Spain
- Imports of Frozen Lamb Carcasses and Half-Carcasses in Spain
Price for Frozen Lamb Carcasses and Half-Carcasses in Spain (FOB) - 2022
The average export price for frozen lamb carcasses and half-carcasseses stood at $6,691 per ton in 2022, with an increase of 21% against the previous year. In general, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. 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 +74.0% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 88% against the previous year. Over the period under review, the average export prices reached the peak figure at $8,631 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($17,320 per ton), while the average price for exports to Bahrain ($3,978 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 Jordan (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Frozen Lamb Carcasses and Half-Carcasses in Spain (CIF) - 2023
In July 2023, the average import price for frozen lamb carcasses and half-carcasseses amounted to $7,965 per ton, almost unchanged from the previous month. In general, the import price, however, showed a perceptible downturn. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 128% m-o-m. As a result, import price reached the peak level of $20,143 per ton. From May 2023 to July 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was France ($13,620 per ton), while the price for the Netherlands ($4,710 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 Italy (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Frozen Lamb Carcasses and Half-Carcasses in Spain
In 2022, shipments abroad of frozen lamb carcasses and half-carcasseses decreased by -38.5% to 662 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 122% against the previous year.
In value terms, frozen lamb carcasses and half-carcasses exports shrank notably to $4.4M in 2022. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 105% against the previous year. As a result, the exports reached the peak of $6M, and then dropped sharply in the following year.
Export of Frozen Lamb Carcasses and Half-Carcasses in Spain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 61.8 | 105 | 126 | 804 | 135.2% |
Denmark | 180 | 1,094 | 1,432 | 790 | 63.7% |
Jordan | 30.3 | N/A | N/A | 571 | 166.1% |
Israel | 41.4 | 16.5 | 1,439 | 444 | 120.5% |
United Arab Emirates | 143 | 128 | 288 | 352 | 35.0% |
Qatar | 220 | 63.1 | 82.1 | 269 | 6.9% |
Italy | 177 | 204 | 668 | 228 | 8.8% |
France | 14.2 | 53.9 | 601 | 195 | 139.5% |
Japan | N/A | N/A | 2.3 | 110 | 4682.6% |
Gabon | N/A | N/A | N/A | 107 | 0% |
Kuwait | 42.1 | N/A | N/A | 107 | 36.5% |
Oman | N/A | 760 | 646 | 81.7 | -67.2% |
Bahrain | 0.1 | 149 | 179 | 60.8 | 747.2% |
Others | 1,104 | 330 | 497 | 312 | -34.4% |
Total | 2,014 | 2,904 | 5,961 | 4,432 | 30.1% |
Top Export Markets for Frozen Lamb Carcasses and Half-Carcasses from Spain in 2022:
- Denmark (176.1 tons)
- Portugal (126.6 tons)
- Jordan (75.5 tons)
- Israel (51.4 tons)
- United Arab Emirates (35.6 tons)
- France (31.6 tons)
- Italy (31.2 tons)
- Kuwait (23.3 tons)
- Oman (19.1 tons)
- Japan (19.1 tons)
- Qatar (15.5 tons)
- Bahrain (15.3 tons)
- Gabon (13.6 tons)
Imports of Frozen Lamb Carcasses and Half-Carcasses in Spain
In 2022, imports of frozen lamb carcasses and half-carcasseses into Spain soared to 663 tons, rising by 38% against the year before. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +14.5% 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 +51.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen lamb carcasses and half-carcasses imports surged to $6.5M in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Frozen Lamb Carcasses and Half-Carcasses in Spain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 317 | 287 | 651 | 2,072 | 87.0% |
Greece | N/A | 0.1 | 160 | 1,904 | 13698.6% |
Netherlands | 279 | 211 | 284 | 708 | 36.4% |
Argentina | 914 | 822 | 1,099 | 613 | -12.5% |
Chile | N/A | 137 | 410 | 364 | 63.0% |
France | 275 | 266 | 200 | 284 | 1.1% |
Germany | 115 | 25.0 | 136 | 186 | 17.4% |
Ireland | 268 | 30.2 | 0.6 | 130 | -21.4% |
New Zealand | 4.2 | N/A | N/A | 119 | 204.9% |
Others | 144 | 121 | 274 | 121 | -5.6% |
Total | 2,316 | 1,900 | 3,215 | 6,500 | 41.1% |
Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to Spain in 2022:
- Greece (212.6 tons)
- Italy (191.6 tons)
- Argentina (81.9 tons)
- Netherlands (59.0 tons)
- Chile (42.3 tons)
- France (30.4 tons)
- New Zealand (16.8 tons)
- Germany (9.8 tons)
- Ireland (6.9 tons)
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