Goats; Live Price in the United Arab Emirates - 2021
Contents:
- Goats; Live Price in the United Arab Emirates (CIF) - 2022
- Goats; Live Price in the United Arab Emirates (FOB) - 2022
- Goats; Live Imports in the United Arab Emirates
- Goats; Live Exports in the United Arab Emirates
Goats; Live Price in the United Arab Emirates (CIF) - 2022
The average goats; live import price stood at $89 per unit in 2022, picking up by 64% against the previous year. In general, the import price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2014 an increase of 70% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Iran ($417 per unit), while the price for India ($30 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+32.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Goats; Live Price in the United Arab Emirates (FOB) - 2022
The average goats; live export price stood at $50 per unit in 2022, waning by -40.1% against the previous year. Overall, the export price recorded a abrupt setback. The pace of growth appeared the most rapid in 2014 an increase of 52% against the previous year. As a result, the export price reached the peak level of $212 per unit. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($101 per unit), while the average price for exports to Iran ($45 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 Libya (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.
Goats; Live Imports in the United Arab Emirates
In 2022, approx. 237K units of goats; lives were imported into the United Arab Emirates; increasing by 40% compared with the previous year. Over the period under review, imports, however, showed a mild descent. Over the period under review, imports reached the peak figure at 248K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, goats; live imports skyrocketed to $21M in 2022. In general, imports enjoyed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Goats; Live in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 0.2 | 0.4 | 2.0 | 6.6 | 220.8% |
| Oman | 2.6 | 1.7 | 2.4 | 5.9 | 31.4% |
| Somalia | N/A | 0.7 | 0.1 | 4.2 | 144.9% |
| India | 8.8 | 3.8 | 3.9 | 4.0 | -23.1% |
| Others | 0.7 | 0.7 | 0.7 | 0.3 | -24.6% |
| Total | 12.2 | 7.3 | 9.1 | 21.0 | 19.8% |
Top Suppliers of Goats; Live to the United Arab Emirates in 2022:
- India (133.8K units)
- Oman (49.7K units)
- Somalia (33.7K units)
- Iran (15.9K units)
Goats; Live Exports in the United Arab Emirates
Goats; live exports from the United Arab Emirates dropped sharply to 7.8K units in 2022, which is down by -47.8% against the previous year's figure. In general, exports continue to indicate a dramatic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 75% against the previous year. Over the period under review, the exports hit record highs at 18K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, goats; live exports dropped rapidly to $385K in 2022. Overall, exports continue to indicate a precipitous contraction. The growth pace was the most rapid in 2021 when exports increased by 98%. Over the period under review, the exports reached the peak figure at $2.3M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Goats; Live in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 1,475 | 215 | 472 | 254 | -44.4% |
| Iran | 1.1 | 8.2 | 97.1 | 64.7 | 288.9% |
| Saudi Arabia | 30.7 | 70.6 | 357 | 42.9 | 11.8% |
| Bahrain | 5.2 | 4.6 | 30.8 | 18.5 | 52.7% |
| Kuwait | 513 | 108 | 7.5 | 4.0 | -80.2% |
| Somalia | 130 | 171 | N/A | N/A | 31.5% |
| Libya | 105 | 41.0 | 107 | N/A | 0.9% |
| Others | 9.1 | 4.1 | 159 | 0.8 | -55.5% |
| Total | 2,269 | 622 | 1,230 | 385 | -44.6% |
Top Export Markets for Goats; Live from the United Arab Emirates in 2022:
- Oman (5.5K units)
- Iran (1.4K units)
- Saudi Arabia (0.6K units)
- Bahrain (0.2K units)
- Kuwait (0.1K units)
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