Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Portugal - 2023

Contents:

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

Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Portugal (FOB) - 2022

In 2022, the average export price for frozen sheep (excluding lamb) carcasses and half-carcasseses amounted to $4,565 per ton, rising by 2.3% against the previous year. Overall, the export price, however, continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2014 an increase of 35% against the previous year. Over the period under review, the average export prices reached the maximum at $8,887 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($14,040 per ton), while the average price for exports to the United Arab Emirates amounted to $4,487 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Portugal (CIF) - 2022

The average import price for frozen sheep (excluding lamb) carcasses and half-carcasseses stood at $7,150 per ton in 2022, surging by 5.8% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 43%. Over the period under review, average import prices attained the peak figure at $8,878 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Greece ($9,744 per ton), while the price for Germany ($3,628 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Portugal

In 2022, shipments abroad of frozen sheep (excluding lamb) carcasses and half-carcasseses decreased by -3.6% to 176 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 954% against the previous year. As a result, the exports reached the peak of 252 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of frozen sheep (excluding lamb) carcasses and half-carcasseses shrank slightly to $801K in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 553%. As a result, the exports attained the peak of $1M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/A150776417.3%
France1510.20.30.4-86.2%
KuwaitN/AN/A101N/A0%
LebanonN/A207N/AN/A0%
OmanN/A101362N/A258.4%
QatarN/A61598.7N/A-84.0%
BahrainN/A98.9N/AN/A0%
Others7.28.699.624.851.0%
Total1581,03081380171.8%

Top Export Markets for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Portugal in 2022:

  1. United Arab Emirates (172.9 tons)
  2. France (0.1 tons)

Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Portugal

In 2022, imports of frozen sheep (excluding lamb) carcasses and half-carcasseses into Portugal soared to 96 tons, picking up by 20% compared with 2021. In general, imports, however, saw a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 40% against the previous year.

In value terms, imports of frozen sheep (excluding lamb) carcasses and half-carcasseses surged to $687K in 2022. Over the period under review, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 99%.

Import of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France377112286305-6.8%
Spain91.184.592.01075.5%
Netherlands3064.811695.4-32.2%
EgyptN/AN/AN/A76.80%
Germany33471.444.675.5-39.1%
GreeceN/AN/AN/A27.00%
Others26.1N/A4.10.6-71.6%
Total1,135273543687-15.4%

Top Suppliers of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Portugal in 2022:

  1. France (33.0 tons)
  2. Germany (20.8 tons)
  3. Egypt (17.1 tons)
  4. Spain (11.4 tons)
  5. Netherlands (10.9 tons)
  6. Greece (2.8 tons)

Source: IndexBox Market Intelligence Platform

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