Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Luxembourg - 2023

Contents:

  1. Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Luxembourg (CIF) - 2022
  2. Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Luxembourg (FOB) - 2022
  3. Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Luxembourg
  4. Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Luxembourg

Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Luxembourg (CIF) - 2022

In 2022, the average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $12,270 per ton, dropping by -1.9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 21% against the previous year. As a result, import price reached the peak level of $12,819 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($15,461 per ton), while the price for France ($9,731 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Luxembourg (FOB) - 2022

The average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $16,171 per ton in 2022, falling by -4.6% against the previous year. Overall, the export price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2018 an increase of 22% against the previous year. Over the period under review, the average export prices hit record highs at $21,003 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Azerbaijan ($21,630 per ton) and Germany ($18,114 per ton), while the average price for exports to France ($14,657 per ton) and Belgium ($16,746 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (-1.8%), while the prices for the other major destinations experienced a decline.

Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Luxembourg

In 2022, supplies from abroad of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) was finally on the rise to reach 64 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a deep contraction.

In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) expanded rapidly to $790K in 2022. In general, imports, however, showed a abrupt decline.

Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium11161746254469.9%
Germany35.538.071.292.437.6%
Netherlands2.591.081.280.0217.5%
France48.681.799.971.113.5%
New Zealand576N/AN/AN/A0%
Ireland204N/A24.7N/A-65.2%
Others9.01.52.52.4-35.6%
Total986830742790-7.1%

Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Luxembourg in 2022:

  1. Belgium (43.4 tons)
  2. Netherlands (7.4 tons)
  3. France (7.3 tons)
  4. Germany (6.0 tons)

Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Luxembourg

In 2022, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) from Luxembourg totaled 11 tons, surging by 6.8% on 2021 figures. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 15%.

In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) rose slightly to $173K in 2022. Overall, exports, however, saw a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year.

Export of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France68.939.653.975.12.9%
Belgium12577.081.670.1-17.5%
Azerbaijan6.53.59.716.636.7%
Germany41.816.224.310.8-36.3%
Others2.62.2N/AN/A-15.4%
Total244139170173-10.8%

Top Export Markets for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) from Luxembourg in 2022:

  1. France (5.1 tons)
  2. Belgium (4.2 tons)
  3. Azerbaijan (0.8 tons)
  4. Germany (0.6 tons)

Source: IndexBox Market Intelligence Platform

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