Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Saudi Arabia - 2022
Contents:
- Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Saudi Arabia (CIF) - 2022
- Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Saudi Arabia
Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Saudi Arabia (CIF) - 2022
The average import price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses stood at $6,355 per ton in 2021, therefore, remained relatively stable against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 3.5% against the previous year. The import price peaked at $6,590 per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($9,220 per ton), while the price for Kenya ($5,738 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Saudi Arabia
Imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses into Saudi Arabia stood at 3.5K tons in 2021, standing approx. at 2020. Overall, imports posted a significant increase. The smallest decline of 99.9% was in 2020. Imports peaked in 2021 and are likely to continue growth in the near future.
In value terms, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses totaled $22M in 2021. In general, imports recorded a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, imports of hit record highs in 2021 and are expected to retain growth in the immediate term.
Import of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Sudan | N/A | N/A | 16.0 | 0% | |
Australia | 1.8 | N/A | 2.3 | 13.0% | |
Pakistan | 3.5 | N/A | 1.5 | -34.5% | |
Ethiopia | 7.5 | N/A | 1.2 | -60.0% | |
Kenya | 0.3 | N/A | 0.9 | 73.2% | |
India | 1.3 | N/A | N/A | 0% | |
Others | N/A | N/A | 0.3 | 0% | |
Total | 14.5 | N/A | 22.1 | 23.5% |
Top Suppliers of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Saudi Arabia in 2022:
- Sudan (2714.7 tons)
- Australia (248.4 tons)
- Ethiopia (177.1 tons)
- Pakistan (163.8 tons)
- Kenya (149.6 tons)
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