Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in the United Arab Emirates - 2022
Contents:
- Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in the United Arab Emirates (CIF) - 2022
- Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in the United Arab Emirates (FOB) - 2022
- Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in the United Arab Emirates
- Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in the United Arab Emirates
Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in the United Arab Emirates (CIF) - 2022
The average import price for fresh or chilled lamb carcasses and half-carcasseses stood at $7,823 per ton in 2022, rising by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2017 when the average import price increased by 16%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($8,952 per ton), while the price for India ($4,216 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for fresh or chilled lamb carcasses and half-carcasseses amounted to $39,800 per ton, growing by 575% against the previous year. Over the period under review, the export price recorded a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($61,067 per ton), while the average price for exports to China ($2,723 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 Sri Lanka (+106.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in the United Arab Emirates
In 2022, supplies from abroad of fresh or chilled lamb carcasses and half-carcasseses increased by 48% to 14K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; however, 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.
In value terms, imports of fresh or chilled lamb carcasses and half-carcasseses soared to $109M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fresh or Chilled Lamb Carcasses and Half-Carcasses in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 69.8 | 54.7 | 42.7 | 64.1 | -2.8% |
| Kenya | 1.1 | 1.1 | 4.6 | 12.5 | 124.8% |
| Sudan | N/A | N/A | N/A | 10.7 | 0% |
| South Africa | 0.4 | 0.5 | 5.2 | 9.2 | 184.4% |
| Kazakhstan | 0.4 | 0.8 | 0.7 | 4.2 | 119.0% |
| Pakistan | 2.5 | 10.7 | 8.7 | 3.5 | 11.9% |
| Others | 2.4 | 6.6 | 3.4 | 4.5 | 23.3% |
| Total | 76.5 | 74.4 | 65.4 | 109 | 12.5% |
Top Suppliers of Fresh or Chilled Lamb Carcasses and Half-Carcasses to the United Arab Emirates in 2022:
- Australia (7.2K tons)
- Kenya (2.1K tons)
- Sudan (1.8K tons)
- South Africa (1.1K tons)
- Kazakhstan (0.6K tons)
- Pakistan (0.5K tons)
Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in the United Arab Emirates
In 2022, after two years of decline, there was significant growth in overseas shipments of fresh or chilled lamb carcasses and half-carcasseses, when their volume increased by 79% to 122 tons. In general, exports, however, faced a abrupt setback.
In value terms, exports of fresh or chilled lamb carcasses and half-carcasseses skyrocketed to $4.9M in 2022. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fresh or Chilled Lamb Carcasses and Half-Carcasses in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | N/A | N/A | N/A | 2,445 | 0% |
| Sri Lanka | N/A | N/A | N/A | 1,789 | 0% |
| Cote d'Ivoire | N/A | N/A | N/A | 319 | 0% |
| Oman | 11.3 | 15.7 | 236 | 214 | 166.5% |
| India | N/A | N/A | N/A | 85.4 | 0% |
| China | N/A | N/A | N/A | 6.4 | 0% |
| Iran | 1,114 | 771 | N/A | N/A | -30.8% |
| Others | 1.6 | 13.3 | 168 | 7.1 | 64.3% |
| Total | 1,127 | 800 | 404 | 4,865 | 62.8% |
Top Export Markets for Fresh or Chilled Lamb Carcasses and Half-Carcasses from the United Arab Emirates in 2022:
- Ghana (43.7 tons)
- Oman (29.5 tons)
- Sri Lanka (29.3 tons)
- India (10.7 tons)
- Cote d'Ivoire (5.8 tons)
- China (2.4 tons)
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