Lamb costs up in 2022, in Italy

Published 2022년 12월 9일

Tridge summary

The cost of producing lamb in Italy has increased by 10% in 2022, according to surveys by ISMEA, due to high energy and cultivation costs, as well as the need to purchase feed and forage due to unfavorable weather conditions. The highest increases were in energy costs (+48%), cultivation costs (+18%), and feed and forage costs (+6% and +54% respectively). Labor continues to be the largest component of production cost, accounting for 43% and seeing a slight increase in 2022. These increased production costs are expected to result in higher prices for lamb at Christmas this year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This year the lamb on the tables on Christmas day will cost more, also due to the increase in production costs that Italian farms are facing. According to ISMEA surveys, conducted on a sample of Sardinian breed sheep farms that breed PGI Sardinian lamb, in 2022, the production cost of lamb (excluding depreciation and interest on capital) was on average equal to 5, 11 €/kg live weight net of VAT, showing an increase of 10% compared to what occurred a year ago. The increase in costs was determined not only by the inflationary push resulting from the energy crisis, but also by the exceptional climatic trends which have reduced the availability of forage, triggering a strong upward push in prices for the products needed to supplement the sheep's feed. The most significant increases were recorded for energy costs (+48% between 2022 and 2021) and cultivation costs (+18%), especially for fertilizers (whose production process is heavily dependent on the use of gas) ; but the greatest ...

Source: ITIsmea