Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Azerbaijan - 2022
Contents:
- Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Azerbaijan (CIF) - 2022
- Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Azerbaijan (FOB) - 2022
- Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Azerbaijan
- Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Azerbaijan
Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Azerbaijan (CIF) - 2022
The average import price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses stood at $3,031 per ton in 2022, with a decrease of -5.5% against the previous year. Over the period under review, the import price, however, showed a prominent increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 79% against the previous year. The import price peaked at $3,208 per ton in 2021, and then shrank in the following year.
As there is only one major supplying country, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +11.7% per year.
Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Azerbaijan (FOB) - 2022
The average export price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses stood at $7,783 per ton in 2022, rising by 3.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.1%. The most prominent rate of growth was recorded in 2013 an increase of 13%. Over the period under review, the average export prices reached the maximum at $8,175 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +4.1% per year.
Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Azerbaijan
In 2022, supplies from abroad of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses decreased by -0.8% to 47 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 1.7%.
In value terms, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses reduced to $144K in 2022. The total import value increased at an average annual rate of +7.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 14%. As a result, imports reached the peak of $153K, and then contracted in the following year.
| Import of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 117 | 122 | 153 | 144 | 7.2% |
| Others | N/A | 11.6 | N/A | N/A | 0% |
| Total | 117 | 134 | 153 | 144 | 7.2% |
Top Suppliers of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Azerbaijan in 2022:
- Saudi Arabia (47.4 tons)
Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Azerbaijan
In 2022, after three years of growth, there was significant decline in overseas shipments of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses, when their volume decreased by -12.6% to 2.1 tons. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 98%.
In value terms, exports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses dropped to $16K in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 113%.
| Export of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 6.9 | 14.8 | 18.1 | 16.4 | 33.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.9 | 14.8 | 18.1 | 16.4 | 33.5% |
Top Export Markets for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Azerbaijan in 2022:
- United Arab Emirates (2.1 tons)
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