Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the UK - 2023
Contents:
- Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the UK (FOB) - 2022
- Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the UK (CIF) - 2022
- Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the UK
- Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the UK
Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the UK (FOB) - 2022
In 2022, the average export price for frozen sheep (excluding lamb) carcasses and half-carcasseses amounted to $5,402 per ton, with a decrease of -49.6% against the previous year. Overall, the export price saw a abrupt curtailment. The pace of growth was the most pronounced in 2019 an increase of 195%. The export price peaked at $18,792 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($17,902 per ton), while the average price for exports to Bulgaria ($2,894 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 the United Arab Emirates (+46.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the UK (CIF) - 2022
The average import price for frozen sheep (excluding lamb) carcasses and half-carcasseses stood at $13,465 per ton in 2022, growing by 67% against the previous year. Over the period under review, the import price posted a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Portugal ($39,345 per ton), while the price for Romania ($5,387 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the UK
In 2022, shipments abroad of frozen sheep (excluding lamb) carcasses and half-carcasseses decreased by -22.8% to 65 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 677% against the previous year.
In value terms, exports of frozen sheep (excluding lamb) carcasses and half-carcasseses fell dramatically to $354K in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 684%. As a result, the exports attained the peak of $908K, and then reduced rapidly in the following year.
| Export of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | N/A | 192 | 0% |
| Bulgaria | N/A | N/A | N/A | 57.4 | 0% |
| Qatar | N/A | N/A | N/A | 39.1 | 0% |
| United Arab Emirates | N/A | 70.4 | N/A | 29.7 | -35.0% |
| Kuwait | N/A | N/A | 297 | 23.2 | -92.2% |
| Singapore | N/A | 9.3 | N/A | 12.1 | 14.1% |
| Ireland | 0.9 | 0.4 | 405 | N/A | 2021.3% |
| France | N/A | N/A | 42.6 | N/A | 0% |
| Others | 23.2 | 35.8 | 163 | N/A | 165.1% |
| Total | 24.0 | 116 | 908 | 354 | 145.2% |
Top Export Markets for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses from the UK in 2022:
- Canada (37.4 tons)
- Bulgaria (19.8 tons)
- Singapore (2.6 tons)
- Qatar (2.2 tons)
- Kuwait (1.8 tons)
- United Arab Emirates (1.7 tons)
Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the UK
In 2022, purchases abroad of frozen sheep (excluding lamb) carcasses and half-carcasseses decreased by -97.6% to 5.2 tons, falling for the second year in a row after two years of growth. Overall, imports faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 48%. As a result, imports attained the peak of 283 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of frozen sheep (excluding lamb) carcasses and half-carcasseses reduced sharply to $70K in 2022. In general, imports continue to indicate a sharp decline. The pace of growth was the most pronounced in 2020 when imports increased by 43%.
| Import of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 60.3 | 103 | 101 | 50.5 | -5.7% |
| Portugal | N/A | N/A | N/A | 12.8 | 0% |
| Ireland | 948 | 1,297 | 1,579 | 3.7 | -84.3% |
| Romania | N/A | N/A | N/A | 2.9 | 0% |
| Argentina | 152 | 259 | N/A | N/A | 70.4% |
| Netherlands | 16.3 | 20.4 | 101 | N/A | 148.9% |
| Others | 4.7 | 12.7 | N/A | N/A | 170.2% |
| Total | 1,181 | 1,692 | 1,782 | 69.9 | -61.0% |
Top Suppliers of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses to the UK in 2022:
- Spain (4.1 tons)
- Romania (0.5 tons)
- Portugal (0.3 tons)
- Ireland (0.2 tons)
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