Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Denmark - 2023

Contents:

  1. Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Denmark (CIF) - 2023
  2. Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Denmark (FOB) - 2023
  3. Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Denmark
  4. Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Denmark

Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Denmark (CIF) - 2023

The average import price for meat of sheep or goats; fresh, chilled or frozen stood at $9,857 per ton in October 2023, waning by -10.7% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 24% m-o-m. As a result, import price reached the peak level of $12,857 per ton. From August 2023 to October 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($22,788 per ton), while the price for Spain ($6,414 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Denmark (FOB) - 2023

The average export price for meat of sheep or goats; fresh, chilled or frozen stood at $10,721 per ton in October 2023, reducing by -15.4% against the previous month. Over the period under review, the export price continues to indicate a slight decrease. The pace of growth was the most pronounced in July 2023 when the average export price increased by 52% month-to-month. The export price peaked at $16,131 per ton in January 2023; however, from February 2023 to October 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($22,765 per ton), while the average price for exports to Faroe Islands ($5,956 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Denmark

In 2022, the amount of meat of sheep or goats; fresh, chilled or frozen imported into Denmark expanded to 3.5K tons, picking up by 4.9% against the previous year's figure. The total import volume increased at an average annual rate of +1.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 7.9% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of meat of sheep or goats; fresh, chilled or frozen soared to $40M in 2022. The total import value increased at an average annual rate of +9.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland10.09.412.012.16.6%
New Zealand6.06.03.27.68.2%
Germany4.04.87.16.215.7%
Netherlands2.41.64.36.136.5%
France3.63.73.83.81.8%
Chile2.62.22.62.4-2.6%
Others2.11.91.41.7-6.8%
Total30.729.734.440.09.2%

Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Denmark in 2022:

  1. Ireland (1003.2 tons)
  2. New Zealand (701.4 tons)
  3. Germany (664.3 tons)
  4. Netherlands (451.5 tons)
  5. France (244.5 tons)
  6. Chile (241.5 tons)

Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Denmark

After two years of decline, overseas shipments of meat of sheep or goats; fresh, chilled or frozen increased by 49% to 495 tons in 2022. Overall, exports, however, showed a deep slump.

In value terms, exports of meat of sheep or goats; fresh, chilled or frozen skyrocketed to $6.2M in 2022. Over the period under review, exports, however, continue to indicate a slight reduction.

Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden4,0501,7321,8342,318-17.0%
Netherlands37929.91321,27349.8%
Greenland7769209551,0139.3%
Finland60.044.40.2603115.8%
Germany27825.877.23154.3%
Faroe Islands281272172273-1.0%
BelgiumN/AN/A159143-10.1%
Others565319295230-25.9%
Total6,3883,3423,6256,168-1.2%

Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Denmark in 2022:

  1. Sweden (210.3 tons)
  2. Greenland (80.3 tons)
  3. Finland (68.8 tons)
  4. Netherlands (57.8 tons)
  5. Faroe Islands (25.0 tons)
  6. Belgium (20.3 tons)
  7. Germany (15.7 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Meat of sheep or goats; fresh, chilled or frozen - Denmark