Price for Frozen Sheep (Including Lamb) Boneless Cuts in Belgium - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Belgium (CIF) - 2023
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Belgium (FOB) - 2022
- Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Belgium
- Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Belgium
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Belgium (CIF) - 2023
The average import price for frozen sheep (including lamb) boneless cutses stood at $13,664 per ton in October 2023, with an increase of 18% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. Over the period under review, average import prices reached the peak figure at $14,460 per ton in May 2023; however, from June 2023 to October 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($18,297 per ton), while the price for Spain ($4,776 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Belgium (FOB) - 2022
In 2022, the average export price for frozen sheep (including lamb) boneless cutses amounted to $15,678 per ton, rising by 22% against the previous year. Overall, export price indicated a pronounced 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, export price for frozen sheep (including lamb) boneless cutses increased by +70.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 40% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($20,550 per ton), while the average price for exports to Luxembourg ($7,514 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 Sweden (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Belgium
Imports of frozen sheep (including lamb) boneless cutses into Belgium shrank to 2.7K tons in 2022, falling by -5.7% on the previous year. The total import volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. As a result, imports attained the peak of 2.9K tons, and then contracted in the following year.
In value terms, imports of frozen sheep (including lamb) boneless cutses surged to $33M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 +48.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Frozen Sheep (Including Lamb) Boneless Cuts in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 5.3 | 5.4 | 5.4 | 8.1 | 15.2% |
Netherlands | 4.9 | 3.6 | 5.6 | 7.2 | 13.7% |
France | 0.5 | 0.4 | 4.1 | 5.5 | 122.4% |
Germany | 2.7 | 3.0 | 3.8 | 5.0 | 22.8% |
Ireland | 3.3 | 3.9 | 4.8 | 3.8 | 4.8% |
Spain | 1.1 | 0.7 | 0.9 | 1.4 | 8.4% |
Australia | 1.0 | 0.2 | 0.6 | 1.3 | 9.1% |
Austria | N/A | N/A | 0.1 | N/A | 0% |
United Kingdom | 3.1 | 4.7 | N/A | N/A | 51.6% |
Others | 0.7 | 0.8 | 0.8 | 1.2 | 19.7% |
Total | 22.6 | 22.6 | 25.9 | 33.4 | 13.9% |
Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to Belgium in 2022:
- New Zealand (619.0 tons)
- Netherlands (580.5 tons)
- France (434.0 tons)
- Germany (334.1 tons)
- Ireland (299.0 tons)
- Spain (215.9 tons)
- Australia (94.8 tons)
Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Belgium
After two years of decline, overseas shipments of frozen sheep (including lamb) boneless cutses increased by 4.4% to 1.2K tons in 2022. In general, exports, however, recorded a deep slump.
In value terms, exports of frozen sheep (including lamb) boneless cutses soared to $18M in 2022. The total export value increased at an average annual rate of +7.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Frozen Sheep (Including Lamb) Boneless Cuts in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 6.8 | 4.7 | 6.5 | 9.5 | 11.8% |
Finland | 0.4 | 0.6 | 1.4 | 2.1 | 73.8% |
Netherlands | 2.4 | 2.1 | 2.1 | 2.0 | -5.9% |
France | 0.7 | 0.5 | 0.5 | 1.3 | 22.9% |
Sweden | 0.9 | 0.7 | 1.1 | 1.2 | 10.1% |
Romania | 0.3 | 0.2 | 0.3 | 0.4 | 10.1% |
Austria | 0.5 | 0.3 | 0.4 | 0.4 | -7.2% |
Luxembourg | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
United Kingdom | 1.6 | 2.3 | N/A | N/A | 43.7% |
Others | 0.7 | 0.4 | 1.7 | 0.8 | 4.6% |
Total | 14.6 | 12.1 | 14.2 | 18.1 | 7.4% |
Top Export Markets for Frozen Sheep (Including Lamb) Boneless Cuts from Belgium in 2022:
- Germany (602.5 tons)
- Netherlands (126.2 tons)
- France (121.1 tons)
- Finland (111.6 tons)
- Sweden (64.1 tons)
- Romania (30.6 tons)
- Luxembourg (28.9 tons)
- Austria (21.8 tons)
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