Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Norway - 2024
Contents:
- Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Norway (FOB) - 2022
- Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Norway (CIF) - 2022
- Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Norway
- Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Norway
Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Norway (FOB) - 2022
In 2022, the average export price for fresh or chilled sheep (including lamb) boneless cutses amounted to $24,768 per ton, declining by -4.4% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fresh or chilled sheep (including lamb) boneless cutses increased by +21.4% against 2019 indices. The growth pace was the most rapid in 2013 an increase of 72%. As a result, the export price attained the peak level of $33,538 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($24,884 per ton), while the average price for exports to Italy stood at $24,659 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Norway (CIF) - 2022
In 2022, the average import price for fresh or chilled sheep (including lamb) boneless cutses amounted to $16,708 per ton, increasing by 7.4% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 64%. The import price peaked at $21,702 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +10.1% per year.
Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Norway
In 2022, the amount of fresh or chilled sheep (including lamb) boneless cutses exported from Norway soared to 4.4 tons, picking up by 578% against the previous year's figure. Over the period under review, exports recorded a significant expansion. 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 sheep (including lamb) boneless cutses soared to $109K in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.1 | 2.7 | 16.9 | 55.9 | 270.4% |
| Denmark | N/A | N/A | N/A | 53.5 | 0% |
| Others | 0.6 | 0.7 | N/A | N/A | 16.7% |
| Total | 1.7 | 3.4 | 16.9 | 109 | 300.2% |
Top Export Markets for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts from Norway in 2022:
- Italy (2.3 tons)
- Denmark (2.2 tons)
Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Norway
For the third year in a row, Norway recorded decline in purchases abroad of fresh or chilled sheep (including lamb) boneless cutses, which decreased by -97% to 24 kg in 2022. In general, imports recorded a precipitous decline. The smallest decline of -37.5% was in 2020.
In value terms, imports of fresh or chilled sheep (including lamb) boneless cutses declined notably to $401 in 2022. Over the period under review, imports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 2.6%. As a result, imports reached the peak of $65K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 0.4 | 0% |
| Denmark | 1.0 | N/A | N/A | N/A | 0% |
| Estonia | 0.8 | 2.0 | 2.5 | N/A | 76.8% |
| Italy | N/A | 1.9 | N/A | N/A | 0% |
| Netherlands | 28.2 | 27.9 | N/A | N/A | -1.1% |
| Ukraine | N/A | N/A | 0.9 | N/A | 0% |
| Others | 33.5 | 33.3 | 9.0 | N/A | -48.2% |
| Total | 63.5 | 65.2 | 12.3 | 0.4 | -81.5% |
Top Suppliers of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts to Norway in 2022:
- United Kingdom (24.0 kg)
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