Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Belgium - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Belgium (FOB) - 2023
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Belgium (CIF) - 2023
- Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Belgium
- Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Belgium
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Belgium (FOB) - 2023
The average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $16,188 per ton in October 2023, with an increase of 20% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.8%. The pace of growth appeared the most rapid in November 2022 an increase of 36% against the previous month. The export price peaked in October 2023.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Chad ($18,271 per ton), while the average price for exports to Cameroon totaled $11,236 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Belgium (CIF) - 2023
In October 2023, the average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $9,205 per ton, with a decrease of -20.9% against the previous month. Overall, the import price saw a slight decline. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 37% m-o-m. As a result, import price reached the peak level of $18,144 per ton. From August 2023 to October 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for New Zealand.
From October 2022 to October 2023, the rate of growth in terms of prices for France amounted to +4.8% per month.
Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Belgium
Exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) from Belgium dropped to 1.2K tons in 2022, waning by -11.3% compared with 2021 figures. In general, exports saw a deep contraction. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year.
In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) surged to $16M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 30%.
| Export of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.4 | 2.0 | 4.0 | 5.1 | 14.5% |
| Germany | 4.9 | 2.3 | 2.6 | 3.3 | -12.3% |
| France | 1.7 | 2.2 | 2.4 | 2.2 | 9.0% |
| Spain | 0.9 | 0.2 | 0.7 | 1.1 | 6.9% |
| Italy | 0.6 | 0.3 | 0.4 | 0.8 | 10.1% |
| Sweden | 1.3 | 0.9 | 0.8 | 0.6 | -22.7% |
| Austria | 0.7 | 0.5 | 0.6 | 0.6 | -5.0% |
| Finland | 0.1 | 0.1 | 0.2 | 0.5 | 71.0% |
| Luxembourg | 0.5 | 0.4 | 0.3 | 0.4 | -7.2% |
| Malta | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Croatia | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Bulgaria | 0.3 | 0.7 | 0.2 | 0.3 | 0.0% |
| Ghana | N/A | N/A | N/A | 0.1 | 0% |
| Others | 1.7 | 1.1 | 1.3 | 0.6 | -29.3% |
| Total | 16.3 | 10.7 | 13.9 | 16.3 | 0.0% |
Top Export Markets for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) from Belgium in 2022:
- Netherlands (306.0 tons)
- France (243.5 tons)
- Germany (243.2 tons)
- Ghana (78.1 tons)
- Spain (72.7 tons)
- Sweden (39.1 tons)
- Italy (38.7 tons)
- Austria (35.6 tons)
- Finland (34.2 tons)
- Luxembourg (32.8 tons)
- Bulgaria (29.2 tons)
- Malta (23.9 tons)
- Croatia (21.9 tons)
Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Belgium
In 2022, purchases abroad of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) increased by 36% to 1.5K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a deep downturn.
In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) soared to $16M in 2022. Over the period under review, imports, however, saw a perceptible descent.
| Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 12.0 | 11.3 | 7.3 | 8.5 | -10.9% |
| Netherlands | 3.8 | 2.1 | 2.4 | 5.4 | 12.4% |
| France | 0.1 | 0.1 | 0.1 | 1.1 | 122.4% |
| Australia | N/A | 0.2 | 0.5 | 0.4 | 41.4% |
| Ireland | 0.2 | 0.2 | 0.2 | 0.4 | 26.0% |
| Others | 1.5 | 1.2 | 0.5 | 0.4 | -35.6% |
| Total | 17.7 | 15.2 | 11.0 | 16.1 | -3.1% |
Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Belgium in 2022:
- New Zealand (765.0 tons)
- Netherlands (519.6 tons)
- France (130.1 tons)
- Australia (53.5 tons)
- Ireland (30.2 tons)
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