Price for Frozen Sheep (Including Lamb) Boneless Cuts in Greece - 2023

Contents:

  1. Price for Frozen Sheep (Including Lamb) Boneless Cuts in Greece (CIF) - 2023
  2. Price for Frozen Sheep (Including Lamb) Boneless Cuts in Greece (FOB) - 2022
  3. Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Greece
  4. Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Greece

Price for Frozen Sheep (Including Lamb) Boneless Cuts in Greece (CIF) - 2023

The average import price for frozen sheep (including lamb) boneless cutses stood at $4,727 per ton in November 2023, with a decrease of -11.4% against the previous month. Overall, the import price saw a pronounced shrinkage. The pace of growth was the most pronounced in January 2023 an increase of 70% m-o-m. The import price peaked at $9,030 per ton in July 2023; however, from August 2023 to November 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the Netherlands ($6,536 per ton), while the price for Italy ($772 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Frozen Sheep (Including Lamb) Boneless Cuts in Greece (FOB) - 2022

In 2022, the average export price for frozen sheep (including lamb) boneless cutses amounted to $5,462 per ton, dropping by -7.5% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 152% against the previous year. The export price peaked at $5,906 per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($7,998 per ton), while the average price for exports to Bulgaria ($1,154 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Greece

In 2022, purchases abroad of frozen sheep (including lamb) boneless cutses was finally on the rise to reach 703 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt slump.

In value terms, imports of frozen sheep (including lamb) boneless cutses skyrocketed to $4.5M in 2022. In general, imports saw modest growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Frozen Sheep (Including Lamb) Boneless Cuts in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands84.82174611,215142.9%
Spain9217137671,1357.2%
New Zealand2,9001,2181,4681,069-28.3%
Romania7.1N/A9.4615342.5%
France1511682221734.6%
Germany56.21.113.010121.6%
Italy96.916210312.7-49.2%
Bulgaria92.210428.5N/A-44.4%
Others56.350.624.617245.1%
Total4,3652,6333,0974,4921.0%

Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to Greece in 2022:

  1. Spain (248.4 tons)
  2. Romania (172.9 tons)
  3. New Zealand (118.8 tons)
  4. Netherlands (109.0 tons)
  5. France (24.8 tons)
  6. Germany (12.4 tons)
  7. Italy (5.0 tons)

Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Greece

For the fourth year in a row, Greece recorded growth in shipments abroad of frozen sheep (including lamb) boneless cutses, which increased by 109% to 657 tons in 2022. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 128%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of frozen sheep (including lamb) boneless cutses soared to $3.6M in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 195% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Frozen Sheep (Including Lamb) Boneless Cuts in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom14.341.9624789280.7%
Spain12721834270777.2%
Italy0.6119277561877.8%
DenmarkN/AN/AN/A4270%
Romania36.27.026.1426127.5%
Germany84.855.828840768.7%
Bulgaria20.540.315.731.615.5%
PortugalN/AN/A18311.6-93.7%
Others2101471032313.2%
Total4936301,8603,59093.8%

Top Export Markets for Frozen Sheep (Including Lamb) Boneless Cuts from Greece in 2022:

  1. United Kingdom (146.5 tons)
  2. Romania (107.1 tons)
  3. Italy (105.0 tons)
  4. Spain (88.3 tons)
  5. Denmark (87.9 tons)
  6. Germany (54.4 tons)
  7. Bulgaria (27.4 tons)
  8. Portugal (1.3 tons)

Source: IndexBox Market Intelligence Platform

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