Goats; Live Price in Australia - 2023
Contents:
Goats; Live Price in Australia (FOB) - 2022
The average goats; live export price stood at $294 per unit in 2022, which is down by -4% against the previous year. Over the period under review, the export price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 68%. As a result, the export price reached the peak level of $418 per unit. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($732 per unit), while the average price for exports to Malaysia ($131 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Goats; Live Exports in Australia
In 2022, exports of goats; lives from Australia dropped notably to 9.1K units, which is down by -22.1% compared with the previous year. In general, exports recorded a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year. Over the period under review, the exports attained the peak figure at 20K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, goats; live exports shrank rapidly to $2.7M in 2022. Over the period under review, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 1.2% against the previous year. The exports peaked at $4.9M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Goats; Live in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 146 | 90.1 | 4.2 | 1,318 | 108.2% |
| Malaysia | 101 | 13.5 | 51.0 | 813 | 100.4% |
| Indonesia | 9.3 | 3.8 | 7.8 | 460 | 267.1% |
| Oman | 425 | 315 | 292 | N/A | -17.1% |
| Qatar | 473 | 351 | 325 | N/A | -17.1% |
| Bahrain | 3,698 | 2,741 | 2,539 | N/A | -17.1% |
| Others | 35.5 | 25.4 | 364 | 87.8 | 35.2% |
| Total | 4,889 | 3,540 | 3,583 | 2,679 | -18.2% |
Top Export Markets for Goats; Live from Australia in 2022:
- Malaysia (6.2K units)
- China (1.8K units)
- Indonesia (0.9K units)
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