Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain - 2023
Contents:
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain (FOB) - 2023
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain (CIF) - 2022
- Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain
- Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain (FOB) - 2023
In October 2023, the average export price for meat of sheep or goats; fresh, chilled or frozen amounted to $6,546 per ton, picking up by 1.7% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in March 2023 when the average export price increased by 24% month-to-month. Over the period under review, the average export prices reached the maximum at $7,410 per ton in June 2023; however, from July 2023 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Israel ($13,772 per ton), while the average price for exports to Qatar ($3,204 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain (CIF) - 2022
The average import price for meat of sheep or goats; fresh, chilled or frozen stood at $8,059 per ton in 2022, increasing by 1.8% against the previous year. Over the period under review, the import price recorded a mild increase. The pace of growth was the most pronounced in 2018 an increase of 11% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($15,234 per ton), while the price for Portugal ($4,187 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain
Exports of meat of sheep or goats; fresh, chilled or frozen from Spain fell to 49K tons in 2022, with a decrease of -7.4% against the previous year's figure. The total export volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 25% against the previous year. As a result, the exports attained the peak of 53K tons, and then declined in the following year.
In value terms, exports of meat of sheep or goats; fresh, chilled or frozen fell to $321M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, the exports attained the peak of $335M, and then reduced slightly in the following year.
Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 102 | 100 | 159 | 137 | 10.3% |
Italy | 25.7 | 19.7 | 34.2 | 37.3 | 13.2% |
Israel | 6.7 | 12.3 | 18.9 | 19.8 | 43.5% |
Portugal | 13.0 | 8.9 | 13.8 | 19.3 | 14.1% |
Qatar | 5.3 | 9.2 | 10.8 | 13.2 | 35.5% |
Germany | 4.7 | 4.0 | 12.5 | 10.2 | 29.5% |
United Kingdom | 9.1 | 8.7 | 9.8 | 9.0 | -0.4% |
Netherlands | 5.4 | 4.2 | 9.3 | 8.8 | 17.7% |
United Arab Emirates | 2.4 | 8.1 | 8.5 | 7.2 | 44.2% |
Oman | 0.6 | 5.6 | 8.5 | 6.6 | 122.4% |
Bahrain | 2.8 | 6.1 | 3.7 | 5.0 | 21.3% |
Saudi Arabia | 5.8 | 4.6 | 8.9 | 4.7 | -6.8% |
Kuwait | 5.2 | 7.9 | 6.4 | 4.2 | -6.9% |
Others | 27.4 | 24.1 | 30.2 | 38.6 | 12.1% |
Total | 216 | 224 | 335 | 321 | 14.1% |
Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Spain in 2022:
- France (18.3K tons)
- Italy (6.5K tons)
- Qatar (2.7K tons)
- Portugal (2.6K tons)
- Israel (1.7K tons)
- Germany (1.7K tons)
- Oman (1.5K tons)
- United Arab Emirates (1.4K tons)
- Netherlands (1.3K tons)
- United Kingdom (1.3K tons)
- Bahrain (1.0K tons)
- Saudi Arabia (0.9K tons)
- Kuwait (0.9K tons)
Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain
Imports of meat of sheep or goats; fresh, chilled or frozen into Spain surged to 7.7K tons in 2022, growing by 27% against 2021 figures. Over the period under review, imports, however, saw a relatively flat trend pattern.
In value terms, imports of meat of sheep or goats; fresh, chilled or frozen surged to $62M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.7% 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 +55.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 10.1 | 10.6 | 18.4 | 19.5 | 24.5% |
Greece | 7.9 | 6.0 | 11.5 | 12.4 | 16.2% |
Netherlands | 4.6 | 2.3 | 3.3 | 8.5 | 22.7% |
France | 4.8 | 4.6 | 7.6 | 7.5 | 16.0% |
New Zealand | 5.8 | 2.5 | 0.8 | 6.2 | 2.2% |
Argentina | 2.5 | 2.0 | 1.3 | 2.1 | -5.6% |
Portugal | 0.5 | 0.4 | 0.5 | 0.9 | 21.6% |
Chile | 1.4 | 0.9 | 0.6 | 0.9 | -13.7% |
Germany | 5.0 | 5.3 | 0.4 | 0.7 | -48.1% |
Poland | 0.8 | 0.7 | 0.6 | 0.5 | -14.5% |
United Kingdom | 3.1 | 3.8 | 0.1 | 0.1 | -68.2% |
Iceland | 3.0 | N/A | N/A | N/A | 0% |
Others | 3.2 | 1.0 | 3.0 | 2.9 | -3.2% |
Total | 52.7 | 40.1 | 48.2 | 62.2 | 5.7% |
Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Spain in 2022:
- Italy (2509.4 tons)
- Greece (1420.5 tons)
- France (1159.5 tons)
- Netherlands (855.7 tons)
- New Zealand (702.7 tons)
- Argentina (251.3 tons)
- Portugal (213.2 tons)
- Chile (102.9 tons)
- Poland (70.2 tons)
- Germany (58.7 tons)
- United Kingdom (9.9 tons)
This report provides an in-depth analysis of the goat meat market in Spain.
This report provides an in-depth analysis of the frozen lamb carcase market in Spain.
This report provides an in-depth analysis of the fresh lamb carcase market in Spain.
This report provides an in-depth analysis of the market for sheep and goat meat in Spain.
This report provides an in-depth analysis of the market for lamb and sheep meat in Spain.
This report provides an in-depth analysis of the global goat meat market.
Global Frozen Lamb Carcase Market Report 2018. This report provides an in-depth analysis of the global frozen lamb carcase market.
Global Fresh Lamb Carcase Market Report 2018. This report provides an in-depth analysis of the global fresh lamb carcase market.
This report provides an in-depth analysis of the global market for sheep and goat meat.
This report provides an in-depth analysis of the global market for lamb and sheep meat.
Goat Meat exports reached a peak of 3.9K tons in 2020, but failed to regain momentum from 2021 to 2023. In terms of value, Goat Meat exports plummeted to $18M in 2023.
In 2020, Goat Meat exports reached a peak of 3.9K tons. However, from 2021 to 2023, exports remained lower. The value of exports dramatically declined to $18M in 2023.
In May 2023, the price of Goat Meat was $5,097 per ton (FOB, Spain), marking a decrease of -32.1% compared to the previous month.
During the period from April 2023 to September 2023, the exports of Lamb and Sheep Meat experienced a decline, reaching a value of $20M by September 2023.
Global goat meat consumption amounted to X thousand tons in 2015, leveling off at the previous year level.
Global goat meat market production was estimated at X thousand tons in 2015, which was X thousand tons more than in 2014. There was an annual increase of +X% in physical terms and +X% in value terms for the period from 2007 to 2015. In v
From 2007 to 2015, exports on the global goat meat market decreased to X million USD. In physical terms, they stood at X thousand tons in 2015, X thousand tons down on the previous year.
In 2015, the value of total imports on the global goat meat market stood at X million USD. In physical terms, the total volume of goat meat decreased to X thousand tons in 2015, X thousand tons (X%) less than the previous year.
The global goat meat market had total revenues of X million USD in 2015, representing a compound annual growth rate (CAGR) of +X% from 2007 to 2015. In physical terms, the market showed an increase of +X% over the period under review. Finall
Despite the fall of global prices on the meat products market, due to weakening demand from both oil-exporting and developing countries, the goat meat price, in contrast, has peaked. The relatively nascent international trade in goat meat is the reason