Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Tanzania - 2022

Contents:

  1. Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Tanzania (FOB) - 2022
  2. Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Tanzania (CIF) - 2022
  3. Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Tanzania
  4. Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Tanzania

Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Tanzania (FOB) - 2022

The average export price for fresh or chilled lamb carcasses and half-carcasseses stood at $5,720 per ton in December 2021, picking up by 2.3% against the previous month. Overall, export price indicated a prominent expansion from January 2021 to December 2021: its price increased at an average monthly rate of +6.0% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, export price for fresh or chilled lamb carcasses and half-carcasseses increased by +2.3% against November 2021 indices. The pace of growth was the most pronounced in July 2021 an increase of 29% against the previous month. Over the period under review, the average export prices attained the peak figure in December 2021.

Average prices varied noticeably for the major export markets. In December 2021, the countries with the highest prices were Kuwait ($5,858 per ton) and Oman ($5,850 per ton), while the average price for exports to the United Arab Emirates ($5,600 per ton) and Qatar ($5,708 per ton) were amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Tanzania (CIF) - 2022

In 2022, the average import price for fresh or chilled lamb carcasses and half-carcasseses amounted to $44,000 per ton, picking up by 792% against the previous year. Overall, the import price continues to indicate a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +3.0% per year.

Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Tanzania

In 2022, exports of fresh or chilled lamb carcasses and half-carcasseses from Tanzania surged to 4.2K tons, increasing by 93% on the previous year's figure. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 686% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of fresh or chilled lamb carcasses and half-carcasseses soared to $24M in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 1,151%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

Export of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Tanzania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
QatarN/AN/A8.310.020.5%
United Arab EmiratesN/AN/AN/A8.80%
Kuwait0.10.10.12.1175.9%
Saudi ArabiaN/AN/AN/A0.90%
OmanN/A0.50.80.69.5%
ChinaN/A0.3N/A0.1-42.3%
Vietnam0.30.10.1N/A-42.3%
BahrainN/AN/A1.5N/A0%
OthersN/AN/AN/A1.80%
Total0.40.910.824.5294.2%

Top Export Markets for Fresh or Chilled Lamb Carcasses and Half-Carcasses from Tanzania in 2022:

  1. Qatar (1728.1 tons)
  2. United Arab Emirates (1528.3 tons)
  3. Kuwait (347.5 tons)
  4. Saudi Arabia (149.4 tons)
  5. Oman (110.7 tons)
  6. China (21.9 tons)
  7. Vietnam (5.4 tons)

Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Tanzania

For the third year in a row, Tanzania recorded decline in supplies from abroad of fresh or chilled lamb carcasses and half-carcasseses, which decreased by -96.7% to 1 kg in 2022. Over the period under review, imports recorded a sharp contraction. The smallest decline of -48.3% was in 2021.

In value terms, imports of fresh or chilled lamb carcasses and half-carcasseses contracted sharply to $44 in 2022. Overall, imports continue to indicate a sharp curtailment. The smallest decline of -16.4% was in 2021.

Import of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa0.6N/AN/AN/A0%
Saudi Arabia15.40.20.1N/A-91.9%
Others0.7N/AN/AN/A0%
Total16.80.20.1N/A-92.3%

Top Suppliers of Fresh or Chilled Lamb Carcasses and Half-Carcasses to Tanzania in 2022:

  1. South Africa (1.0 kg)

Source: IndexBox Market Intelligence Platform

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