Meat of sheep, fresh or chilled — Producer Price in Iceland
Iceland: Meat of sheep, fresh or chilled — Producer Price was 931,600 LCU in 2024. ▲ Rising
Meat of sheep, fresh or chilled — Producer Price in Iceland, 1998–2024
Source: Food and Agriculture Organization of the United Nations. Measured in LCU.
Analysis
Iceland recorded 931,600 LCU for meat of sheep, fresh or chilled — producer price in 2024. That is the highest value across all 27 years on record.
The figure is up 18.7% on the previous year and up 64.0% over ten years.
Over the whole period, meat of sheep, fresh or chilled — producer price in Iceland peaked at 931,600 LCU in 2024 and was at its lowest, 256,900 LCU, in 2000.
That places Iceland 14th out of 73 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 27 years of available data.
Meat of sheep, fresh or chilled — Producer Price in Iceland, year by year
| Year | LCU | Change |
|---|---|---|
| 1998 | 273,760 LCU | — |
| 1999 | 273,440 LCU | -0.1% |
| 2000 | 256,900 LCU | -6.0% |
| 2001 | 274,000 LCU | +6.7% |
| 2002 | 282,000 LCU | +2.9% |
| 2003 | 257,000 LCU | -8.9% |
| 2004 | 266,000 LCU | +3.5% |
| 2005 | 307,000 LCU | +15.4% |
| 2006 | 317,000 LCU | +3.3% |
| 2007 | 326,020 LCU | +2.8% |
| 2008 | 378,620 LCU | +16.1% |
| 2009 | 378,620 LCU | +0.0% |
| 2010 | 381,500 LCU | +0.8% |
| 2011 | 452,950 LCU | +18.7% |
| 2012 | 543,000 LCU | +19.9% |
| 2013 | 581,010 LCU | +7.0% |
| 2014 | 568,000 LCU | -2.2% |
| 2015 | 560,711 LCU | -1.3% |
| 2016 | 538,000 LCU | -4.1% |
| 2017 | 348,860 LCU | -35.2% |
| 2018 | 348,140 LCU | -0.2% |
| 2019 | 399,910 LCU | +14.9% |
| 2020 | 429,503 LCU | +7.4% |
| 2021 | 475,743 LCU | +10.8% |
| 2022 | 659,791 LCU | +38.7% |
| 2023 | 784,875 LCU | +19.0% |
| 2024 | 931,600 LCU | +18.7% |
Iceland compared with similar countries
- Iceland's 931,600 LCU is above the median for high income countries, which is 10,047 LCU, 92.7× the median. (32 countries reporting)
- Iceland's 931,600 LCU is above the median for Europe & Central Asia, which is 9,399 LCU, 99.1× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 273,600 LCU | 273,440 LCU | 273,760 LCU | 2 |
| 2000s | 304,316 LCU | 256,900 LCU | 378,620 LCU | 10 |
| 2010s | 472,208 LCU | 348,140 LCU | 581,010 LCU | 10 |
| 2020s | 656,302 LCU | 429,503 LCU | 931,600 LCU | 5 |
Countries ranked near Iceland
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is meat of sheep, fresh or chilled — producer price in Iceland?
- Meat of sheep, fresh or chilled — producer price in Iceland was 931,600 LCU in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest meat of sheep, fresh or chilled — producer price recorded in Iceland?
- The highest recorded value was 931,600 LCU in 2024.
- What is the lowest meat of sheep, fresh or chilled — producer price recorded in Iceland?
- The lowest recorded value was 256,900 LCU in 2000.
- How does Iceland rank for meat of sheep, fresh or chilled — producer price?
- Iceland ranks 14th out of 73 countries with data for 2024.
- Is meat of sheep, fresh or chilled — producer price rising or falling in Iceland?
- Over the last ten years it is up 64.0%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Meat of sheep, fresh or chilled — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
This sub-domain contains data on agriculture producer prices and the producer price index. Agriculture producer prices are prices received by farmers for primary crops, live animals and livestock primary products as collected at the point of initial sale (prices paid at the farm gate). Annual data are provided from 1991 (while mothly data start in January 2010) for 180 countries and 212 products. The producer price index is the index of agricultural producer prices that measures the average annual change over time in the selling prices received by farmers (prices at the farm gate or at the first point of sale). The three categories of producer price index available in FAOSTAT comprise: single-item price index, commodity group index and the agriculture producer price index.