Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Lithuania - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Lithuania (CIF) - 2022
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Lithuania (FOB) - 2022
- Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Lithuania
- Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Lithuania
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Lithuania (CIF) - 2022
In 2022, the average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $15,883 per ton, surging by 27% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $17,034 per ton in 2012; however, from 2013 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 the Czech Republic ($26,124 per ton), while the price for Spain ($10,626 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.8%), 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 Lithuania (FOB) - 2022
The average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $12,507 per ton in 2022, increasing by 35% against the previous year. Over the period under review, the export price, however, showed a abrupt setback. Over the period under review, the average export prices attained the maximum at $20,957 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($12,783 per ton), while the average price for exports to Estonia totaled $11,960 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (-1.2%).
Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Lithuania
In 2022, after two years of decline, there was significant growth in supplies from abroad of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses), when their volume increased by 7% to 25 tons. Overall, imports, however, saw a relatively flat trend pattern.
In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) soared to $402K in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.0% against 2020 indices. As a result, imports reached 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 Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 164 | 148 | 191 | 235 | 12.7% |
Spain | 68.3 | 67.5 | 68.4 | 95.9 | 12.0% |
Germany | 11.6 | 11.0 | 7.2 | 27.3 | 33.0% |
Netherlands | 10.7 | 18.5 | 19.1 | 15.1 | 12.2% |
Czech Republic | 11.8 | 9.6 | 0.9 | 15.0 | 8.3% |
Estonia | 4.6 | N/A | 8.8 | 13.8 | 44.2% |
Others | 1.4 | 0.3 | N/A | N/A | -78.6% |
Total | 272 | 255 | 295 | 402 | 13.9% |
Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Lithuania in 2022:
- Latvia (12.3 tons)
- Spain (9.0 tons)
- Germany (2.1 tons)
- Netherlands (0.7 tons)
- Czech Republic (0.6 tons)
- Estonia (0.6 tons)
Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Lithuania
In 2022, shipments abroad of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) decreased by -28.6% to 5.6 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a prominent increase. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year. As a result, the exports attained the peak of 7.9 tons, and then fell dramatically in the following year.
In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) dropped modestly to $70K in 2022. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 72% against the previous year. As a result, the exports reached the peak of $73K, and then reduced in the following year.
Export of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 30.1 | 41.7 | 28.9 | 47.8 | 16.7% |
Estonia | 1.4 | 0.8 | 44.1 | 22.5 | 152.4% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 31.5 | 42.5 | 73.0 | 70.3 | 30.7% |
Top Export Markets for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) from Lithuania in 2022:
- Latvia (3.7 tons)
- Estonia (1.9 tons)
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