Price for Frozen Sheep (Including Lamb) Boneless Cuts in Estonia - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Estonia (CIF) - 2022
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Estonia (FOB) - 2022
- Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Estonia
- Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Estonia
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Estonia (CIF) - 2022
The average import price for frozen sheep (including lamb) boneless cutses stood at $10,499 per ton in 2022, picking up by 17% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2020 when the average import price increased by 17% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($13,312 per ton), while the price for Spain ($8,634 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Estonia (FOB) - 2022
In 2022, the average export price for frozen sheep (including lamb) boneless cutses amounted to $12,691 per ton, growing by 17% against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.9% 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 frozen sheep (including lamb) boneless cutses increased by +67.5% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 24%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Belgium ($15,573 per ton) and Lithuania ($13,978 per ton), while the average price for exports to Latvia ($10,664 per ton) and Finland ($12,375 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 the Netherlands (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Estonia
In 2022, imports of frozen sheep (including lamb) boneless cutses into Estonia declined to 196 tons, with a decrease of -7% on the year before. In general, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 172% against the previous year. As a result, imports attained the peak of 211 tons, and then dropped in the following year.
In value terms, imports of frozen sheep (including lamb) boneless cutses expanded significantly to $2.1M in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 208%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Frozen Sheep (Including Lamb) Boneless Cuts in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 116 | 276 | 650 | 664 | 78.9% |
| New Zealand | 389 | N/A | 752 | 609 | 16.1% |
| Spain | 453 | 157 | 213 | 512 | 4.2% |
| Belgium | 11.4 | 115 | 162 | 179 | 150.4% |
| Lithuania | N/A | 22.3 | 68.9 | 43.2 | 39.2% |
| Others | 25.2 | 41.1 | 36.4 | 47.5 | 23.5% |
| Total | 994 | 611 | 1,882 | 2,056 | 27.4% |
Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to Estonia in 2022:
- New Zealand (64.5 tons)
- Spain (59.4 tons)
- Netherlands (49.9 tons)
- Belgium (15.0 tons)
- Lithuania (3.9 tons)
Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Estonia
In 2022, exports of frozen sheep (including lamb) boneless cutses from Estonia soared to 89 tons, with an increase of 239% against 2021 figures. Over the period under review, exports enjoyed 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 frozen sheep (including lamb) boneless cutses skyrocketed to $1.1M in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Frozen Sheep (Including Lamb) Boneless Cuts in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 52.0 | 43.9 | 48.6 | 643 | 131.2% |
| Belgium | N/A | N/A | N/A | 247 | 0% |
| Latvia | 159 | 140 | 100 | 188 | 5.7% |
| Lithuania | 105 | 28.9 | 80.9 | 33.5 | -31.7% |
| Netherlands | N/A | N/A | 37.2 | N/A | 0% |
| Others | 11.2 | 3.6 | 19.3 | 23.3 | 27.7% |
| Total | 327 | 216 | 286 | 1,135 | 51.4% |
Top Export Markets for Frozen Sheep (Including Lamb) Boneless Cuts from Estonia in 2022:
- Finland (52.0 tons)
- Latvia (17.7 tons)
- Belgium (15.9 tons)
- Lithuania (2.4 tons)
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