Price for Frozen Lamb Carcasses and Half-Carcasses in Spain - 2023

Contents:

  1. Price for Frozen Lamb Carcasses and Half-Carcasses in Spain (FOB) - 2022
  2. Price for Frozen Lamb Carcasses and Half-Carcasses in Spain (CIF) - 2023
  3. Exports of Frozen Lamb Carcasses and Half-Carcasses in Spain
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal61.8105126804135.2%
Denmark1801,0941,43279063.7%
Jordan30.3N/AN/A571166.1%
Israel41.416.51,439444120.5%
United Arab Emirates14312828835235.0%
Qatar22063.182.12696.9%
Italy1772046682288.8%
France14.253.9601195139.5%
JapanN/AN/A2.31104682.6%
GabonN/AN/AN/A1070%
Kuwait42.1N/AN/A10736.5%
OmanN/A76064681.7-67.2%
Bahrain0.114917960.8747.2%
Others1,104330497312-34.4%
Total2,0142,9045,9614,43230.1%

Top Export Markets for Frozen Lamb Carcasses and Half-Carcasses from Spain in 2022:

  1. Denmark (176.1 tons)
  2. Portugal (126.6 tons)
  3. Jordan (75.5 tons)
  4. Israel (51.4 tons)
  5. United Arab Emirates (35.6 tons)
  6. France (31.6 tons)
  7. Italy (31.2 tons)
  8. Kuwait (23.3 tons)
  9. Oman (19.1 tons)
  10. Japan (19.1 tons)
  11. Qatar (15.5 tons)
  12. Bahrain (15.3 tons)
  13. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3172876512,07287.0%
GreeceN/A0.11601,90413698.6%
Netherlands27921128470836.4%
Argentina9148221,099613-12.5%
ChileN/A13741036463.0%
France2752662002841.1%
Germany11525.013618617.4%
Ireland26830.20.6130-21.4%
New Zealand4.2N/AN/A119204.9%
Others144121274121-5.6%
Total2,3161,9003,2156,50041.1%

Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to Spain in 2022:

  1. Greece (212.6 tons)
  2. Italy (191.6 tons)
  3. Argentina (81.9 tons)
  4. Netherlands (59.0 tons)
  5. Chile (42.3 tons)
  6. France (30.4 tons)
  7. New Zealand (16.8 tons)
  8. Germany (9.8 tons)
  9. Ireland (6.9 tons)

Source: IndexBox Market Intelligence Platform

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