Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Denmark - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Denmark (CIF) - 2023
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Denmark (FOB) - 2022
- Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Denmark
- Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Denmark
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Denmark (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 $9,940 per ton, which is down by -6.8% against the previous month. Over the period under review, the import price showed a mild shrinkage. The growth pace was the most rapid in July 2023 an increase of 48% against the previous month. Over the period under review, average import prices hit record highs at $15,926 per ton in November 2022; however, from December 2022 to October 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the Netherlands ($12,947 per ton), while the price for New Zealand ($8,308 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.6%), while the prices for the other major suppliers experienced a decline.
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Denmark (FOB) - 2022
The average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $11,567 per ton in 2022, increasing by 9.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2016 an increase of 21%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greenland ($16,823 per ton), while the average price for exports to Belgium ($6,401 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 Sweden (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Denmark
In 2022, after two years of decline, there was significant growth in purchases abroad of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses), when their volume increased by 5.8% to 795 tons. Over the period under review, imports, however, saw a abrupt decrease.
In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) skyrocketed to $8.9M in 2022. The total import value increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. 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 Denmark (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 2.1 | 3.0 | 1.7 | 2.9 | 11.4% |
Germany | 2.2 | 2.4 | 2.4 | 2.7 | 7.1% |
Netherlands | 0.6 | 0.4 | 0.8 | 1.5 | 35.7% |
Chile | 2.0 | 1.2 | 1.4 | 0.8 | -26.3% |
France | 0.6 | 0.5 | 0.5 | 0.6 | 0.0% |
Iceland | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
Belgium | 0.4 | N/A | 0.1 | 0.1 | -37.0% |
Poland | N/A | 0.7 | 0.1 | N/A | -85.7% |
Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
Total | 8.2 | 8.5 | 7.2 | 8.9 | 2.8% |
Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Denmark in 2022:
- New Zealand (305.3 tons)
- Germany (216.5 tons)
- Netherlands (110.3 tons)
- Chile (85.1 tons)
- France (36.2 tons)
- Iceland (20.6 tons)
- Belgium (8.4 tons)
Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Denmark
In 2022, after two years of decline, there was significant growth in shipments abroad of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses), when their volume increased by 132% to 179 tons. In general, exports, however, saw a deep setback.
In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) skyrocketed to $2.1M in 2022. Overall, exports, however, saw a relatively flat trend pattern.
Export of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | N/A | N/A | 17.0 | 844 | 4864.7% |
Sweden | 1,031 | 291 | 194 | 491 | -21.9% |
Greenland | 471 | 352 | 335 | 468 | -0.2% |
Belgium | N/A | N/A | 131 | 109 | -16.8% |
Faroe Islands | 47.0 | 106 | 27.1 | 63.5 | 10.5% |
Norway | 176 | 15.3 | 12.8 | 36.2 | -41.0% |
Germany | 206 | 16.9 | 4.3 | 33.9 | -45.2% |
New Zealand | N/A | N/A | 81.0 | N/A | 0% |
Oman | 36.5 | N/A | N/A | N/A | 0% |
Others | 133 | 76.2 | 13.7 | 29.4 | -39.5% |
Total | 2,101 | 857 | 816 | 2,075 | -0.4% |
Top Export Markets for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) from Denmark in 2022:
- Netherlands (86.2 tons)
- Sweden (35.0 tons)
- Greenland (27.8 tons)
- Belgium (17.1 tons)
- Faroe Islands (6.6 tons)
- Germany (2.4 tons)
- Norway (1.9 tons)
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