Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Italy - 2023
Contents:
- Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Italy (CIF) - 2023
- Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Italy (FOB) - 2023
- Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Italy
- Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Italy
Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Italy (CIF) - 2023
In August 2023, the average import price for fresh or chilled lamb carcasses and half-carcasseses amounted to $7,523 per ton, with a decrease of -4.8% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in March 2023 an increase of 20% against the previous month. Over the period under review, average import prices reached the peak figure at $9,806 per ton in April 2023; however, from May 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($8,678 per ton), while the price for Serbia ($5,108 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 Romania (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Italy (FOB) - 2023
In October 2023, the average export price for fresh or chilled lamb carcasses and half-carcasseses amounted to $28,309 per ton, with an increase of 161% against the previous month. In general, the export price continues to indicate a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From October 2022 to October 2023, the rate of growth in terms of prices for Spain amounted to +1.3% per month.
Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Italy
In 2022, approx. 10K tons of fresh or chilled lamb carcasses and half-carcasseses were imported into Italy; picking up by 6% compared with 2021. In general, imports, however, showed a abrupt decline.
In value terms, imports of fresh or chilled lamb carcasses and half-carcasseses totaled $80M in 2022. The total import value increased at an average annual rate of +4.7% 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 appeared the most rapid in 2021 when imports increased by 31%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
Import of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 16.8 | 9.6 | 17.7 | 24.1 | 12.8% |
Greece | 13.5 | 12.4 | 24.5 | 21.7 | 17.1% |
France | 1.0 | 2.4 | 7.3 | 13.0 | 135.1% |
North Macedonia | 6.2 | 5.0 | 9.9 | 9.1 | 13.6% |
Romania | 4.8 | 2.7 | 5.2 | 4.8 | 0.0% |
Ireland | 1.5 | 0.7 | 0.8 | 1.9 | 8.2% |
Slovakia | 2.4 | 1.0 | 1.1 | 1.7 | -10.9% |
Serbia | N/A | 0.3 | 3.5 | 1.0 | 82.6% |
Germany | 1.9 | 1.6 | 1.7 | 0.4 | -40.5% |
United Kingdom | 14.2 | 17.5 | 0.9 | 0.1 | -80.8% |
Others | 7.1 | 4.7 | 3.3 | 1.9 | -35.6% |
Total | 69.4 | 57.8 | 75.8 | 79.7 | 4.7% |
Top Suppliers of Fresh or Chilled Lamb Carcasses and Half-Carcasses to Italy in 2022:
- Spain (3160.1 tons)
- Greece (2465.6 tons)
- France (1663.2 tons)
- North Macedonia (1156.1 tons)
- Romania (561.1 tons)
- Ireland (298.5 tons)
- Serbia (166.5 tons)
- Slovakia (165.8 tons)
- Germany (79.7 tons)
- United Kingdom (5.3 tons)
Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Italy
In 2022, exports of fresh or chilled lamb carcasses and half-carcasseses from Italy surged to 1.8K tons, with an increase of 32% compared with 2021. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.3% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of fresh or chilled lamb carcasses and half-carcasseses expanded rapidly to $15M in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 41%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
Export of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 6.2 | 5.9 | 11.3 | 12.8 | 27.3% |
Portugal | 0.2 | 0.6 | N/A | 1.0 | 71.0% |
France | 0.3 | 1.7 | 0.7 | 0.4 | 10.1% |
Belgium | 0.6 | 0.7 | 0.4 | 0.1 | -45.0% |
Ghana | N/A | N/A | N/A | N/A | 0% |
Others | 0.5 | 0.5 | 0.7 | 0.3 | -15.7% |
Total | 7.8 | 9.4 | 13.2 | 14.8 | 23.8% |
Top Export Markets for Fresh or Chilled Lamb Carcasses and Half-Carcasses from Italy in 2022:
- Spain (1500.5 tons)
- Portugal (98.1 tons)
- France (57.6 tons)
- Ghana (52.0 tons)
- Belgium (11.8 tons)
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