Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sweden - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sweden (CIF) - 2023
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sweden (FOB) - 2022
- Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sweden
- Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sweden
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sweden (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 $6,177 per ton, with a decrease of -4.7% against the previous month. Over the period under review, the import price saw a perceptible slump. The growth pace was the most rapid in July 2023 when the average import price increased by 20% against the previous month. As a result, import price attained the peak level of $9,047 per ton. From August 2023 to October 2023, the average import prices remained at a lower figure.
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 Germany amounted to -0.1% per month.
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sweden (FOB) - 2022
In 2022, the average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $7,286 per ton, with a decrease of -45.9% against the previous year. Over the period under review, the export price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2020 an increase of 29%. The export price peaked at $13,459 per ton in 2021, and then shrank notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($11,889 per ton), while the average price for exports to Finland ($7,134 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 Denmark (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sweden
In 2022, approx. 3.6K tons of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) were imported into Sweden; surging by 14% on 2021. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) soared to $30M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 8.2 | 9.9 | 9.8 | 14.8 | 21.8% |
| Ireland | 5.4 | 6.0 | 7.6 | 8.5 | 16.3% |
| Germany | 1.7 | 1.4 | 2.2 | 2.5 | 13.7% |
| Netherlands | 2.2 | 2.0 | 2.4 | 2.2 | 0.0% |
| Belgium | 0.4 | 0.2 | 0.7 | 1.1 | 40.1% |
| Chile | 0.7 | 0.3 | 0.2 | 0.4 | -17.0% |
| Others | 0.7 | 0.9 | 0.9 | 0.5 | -10.6% |
| Total | 19.3 | 20.7 | 23.7 | 29.9 | 15.7% |
Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Sweden in 2022:
- New Zealand (1747.6 tons)
- Ireland (1201.0 tons)
- Germany (259.3 tons)
- Netherlands (165.5 tons)
- Belgium (95.9 tons)
- Chile (40.5 tons)
Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sweden
After two years of decline, overseas shipments of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) increased by 327% to 149 tons in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) skyrocketed to $1.1M in 2022. In general, exports enjoyed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 541 | 514 | 361 | 1,025 | 23.7% |
| Norway | 0.5 | 78.4 | 56.2 | 55.9 | 381.7% |
| United Kingdom | 106 | N/A | N/A | N/A | 0% |
| Others | 71.5 | 2.0 | 52.4 | 3.2 | -64.5% |
| Total | 719 | 595 | 469 | 1,084 | 14.7% |
Top Export Markets for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) from Sweden in 2022:
- Finland (143.7 tons)
- Norway (4.8 tons)
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