Meat of sheep, fresh or chilled — Producer Price in Iceland
Iceland: Meat of sheep, fresh or chilled — Producer Price was 6,753 USD 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 USD.
Analysis
The most recent figure for meat of sheep, fresh or chilled — producer price in Iceland is 6,753 USD, measured 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 38.8% over ten years.
Over the whole period, meat of sheep, fresh or chilled — producer price in Iceland peaked at 6,753 USD in 2024 and was at its lowest, 2,812 USD, in 2001.
That places Iceland 26th out of 72 countries with data for 2024, putting it in the middle of the range.
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 | USD | Change |
|---|---|---|
| 1998 | 3,858 USD | — |
| 1999 | 3,780 USD | -2.0% |
| 2000 | 3,268 USD | -13.6% |
| 2001 | 2,812 USD | -13.9% |
| 2002 | 3,076 USD | +9.4% |
| 2003 | 3,350 USD | +8.9% |
| 2004 | 3,790 USD | +13.1% |
| 2005 | 4,874 USD | +28.6% |
| 2006 | 4,517 USD | -7.3% |
| 2007 | 5,090 USD | +12.7% |
| 2008 | 4,305 USD | -15.4% |
| 2009 | 3,062 USD | -28.9% |
| 2010 | 3,121 USD | +1.9% |
| 2011 | 3,906 USD | +25.2% |
| 2012 | 4,341 USD | +11.1% |
| 2013 | 4,755 USD | +9.5% |
| 2014 | 4,864 USD | +2.3% |
| 2015 | 4,250 USD | -12.6% |
| 2016 | 4,453 USD | +4.8% |
| 2017 | 3,265 USD | -26.7% |
| 2018 | 3,215 USD | -1.6% |
| 2019 | 3,262 USD | +1.5% |
| 2020 | 3,172 USD | -2.8% |
| 2021 | 3,746 USD | +18.1% |
| 2022 | 4,877 USD | +30.2% |
| 2023 | 5,690 USD | +16.7% |
| 2024 | 6,753 USD | +18.7% |
Iceland compared with similar countries
- Iceland's 6,753 USD is above the median for high income countries, which is 5,167 USD, 1.3× the median. (32 countries reporting)
- Iceland's 6,753 USD is above the median for Europe & Central Asia, which is 5,167 USD, 1.3× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3,819 USD | 3,780 USD | 3,858 USD | 2 |
| 2000s | 3,814 USD | 2,812 USD | 5,090 USD | 10 |
| 2010s | 3,943 USD | 3,121 USD | 4,864 USD | 10 |
| 2020s | 4,848 USD | 3,172 USD | 6,753 USD | 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 6,753 USD 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 6,753 USD in 2024.
- What is the lowest meat of sheep, fresh or chilled — producer price recorded in Iceland?
- The lowest recorded value was 2,812 USD in 2001.
- How does Iceland rank for meat of sheep, fresh or chilled — producer price?
- Iceland ranks 26th out of 72 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 38.8%. 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 (USD/tonne). Statizoid updates them automatically from the source API.
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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.