Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bangladesh - 2022
Contents:
- Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bangladesh (FOB) - 2022
- Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bangladesh
Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bangladesh (FOB) - 2022
The average export price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses stood at $9,219 per ton in 2022, picking up by 5.4% against the previous year. In general, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses increased by +98.4% against 2012 indices. The growth pace was the most rapid in 2019 when the average export price increased by 13% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
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 +6.1% per year.
Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bangladesh
In 2022, overseas shipments of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses decreased by -4.7% to 1.4 tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +93.1% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 58%.
In value terms, exports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses stood at $12K in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 65%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 5.4 | 8.9 | 3.4 | 10.6 | 25.2% |
| Kuwait | N/A | N/A | 9.0 | N/A | 0% |
| Others | N/A | N/A | N/A | 1.8 | 0% |
| Total | 5.4 | 8.9 | 12.4 | 12.5 | 32.3% |
Top Export Markets for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Bangladesh in 2022:
- United Arab Emirates (1262.0 kg)
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