Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Luxembourg - 2023
Contents:
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Luxembourg (CIF) - 2023
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Luxembourg (FOB) - 2022
- Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Luxembourg
- Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Luxembourg
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Luxembourg (CIF) - 2023
The average import price for meat of sheep or goats; fresh, chilled or frozen stood at $14,200 per ton in August 2023, dropping by -3.9% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 14% month-to-month. The import price peaked at $14,774 per ton in July 2023, and then fell in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Belgium ($16,789 per ton), while the price for Spain ($4,486 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Portugal (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Luxembourg (FOB) - 2022
In 2022, the average export price for meat of sheep or goats; fresh, chilled or frozen amounted to $17,060 per ton, growing by 3.4% against the previous year. In general, the export price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by 16%. The export price peaked at $19,064 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Azerbaijan ($22,503 per ton) and Germany ($20,205 per ton), while the average price for exports to France ($15,565 per ton) and Belgium ($17,447 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.8%), while the prices for the other major destinations experienced a decline.
Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Luxembourg
In 2022, imports of meat of sheep or goats; fresh, chilled or frozen into Luxembourg declined to 706 tons, falling by -5.1% compared with the previous year's figure. Over the period under review, imports continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2021 with an increase of 1.5%.
In value terms, imports of meat of sheep or goats; fresh, chilled or frozen dropped to $9.2M in 2022. The total import value increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 14%. As a result, imports attained the peak of $10M, and then fell in the following year.
| Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 3.8 | 5.3 | 5.8 | 5.1 | 10.3% |
| France | 1.8 | 2.3 | 2.6 | 2.4 | 10.1% |
| Ireland | 0.5 | 0.5 | 0.7 | 1.0 | 26.0% |
| Netherlands | N/A | 0.3 | 0.4 | 0.3 | 0.0% |
| Portugal | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Germany | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| New Zealand | 1.2 | N/A | N/A | N/A | 0% |
| Others | 0.7 | N/A | N/A | N/A | 0% |
| Total | 8.2 | 8.7 | 10.0 | 9.2 | 3.9% |
Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Luxembourg in 2022:
- Belgium (321.5 tons)
- France (210.1 tons)
- Ireland (104.8 tons)
- Netherlands (32.6 tons)
- Portugal (22.9 tons)
- Germany (12.4 tons)
Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Luxembourg
In 2022, the amount of meat of sheep or goats; fresh, chilled or frozen exported from Luxembourg contracted slightly to 64 tons, reducing by -3.6% on 2021 figures. In general, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 32%.
In value terms, exports of meat of sheep or goats; fresh, chilled or frozen shrank to $1.1M in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 40%. As a result, the exports attained the peak of $1.1M, leveling off in the following year.
| Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 500 | 384 | 554 | 564 | 4.1% |
| France | 312 | 262 | 397 | 386 | 7.4% |
| Germany | 146 | 113 | 130 | 123 | -5.6% |
| Azerbaijan | 23.9 | 10.1 | 16.7 | 22.0 | -2.7% |
| Others | 19.5 | 14.2 | 1.3 | N/A | -74.2% |
| Total | 1,002 | 784 | 1,099 | 1,095 | 3.0% |
Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Luxembourg in 2022:
- Belgium (32.4 tons)
- France (24.8 tons)
- Germany (6.1 tons)
- Azerbaijan (1.0 tons)
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