Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Israel - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Israel (CIF) - 2022
- Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Israel
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Israel (CIF) - 2022
The average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $8,464 per ton in 2022, growing by 12% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) increased by +29.1% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 44% against the previous year. Over the period under review, average import prices reached the maximum at $9,278 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Argentina ($8,464 per ton) and Spain ($8,464 per ton), while the price for Uruguay ($8,464 per ton) and Chile ($8,464 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Israel
Imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) into Israel soared to 1.6K tons in 2022, with an increase of 28% on the previous year's figure. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) surged to $13M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.0% against 2020 indices. 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 Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2.6 | 2.5 | 5.8 | 4.8 | 22.7% |
| Argentina | 1.6 | 3.9 | 2.6 | 3.2 | 26.0% |
| Uruguay | N/A | 0.6 | N/A | 2.8 | 116.0% |
| Chile | 5.0 | 1.5 | 1.0 | 2.6 | -19.6% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 9.3 | 8.5 | 9.3 | 13.3 | 12.7% |
Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Israel in 2022:
- Spain (561.2 tons)
- Argentina (372.5 tons)
- Uruguay (329.0 tons)
- Chile (308.4 tons)
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