Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Africa - 2023
Contents:
- Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Africa (FOB) - 2023
- Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Africa (CIF) - 2022
- Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Africa
- Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Africa
Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Africa (FOB) - 2023
In December 2023, the average export price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses amounted to $6,751 per ton, growing by 13% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.3%. The export price peaked at $6,828 per ton in March 2023; afterwards, it flattened through to December 2023.
Average prices varied noticeably for the major foreign markets. In December 2023, the country with the highest price was the United Arab Emirates ($7,018 per ton), while the average price for exports to Qatar ($6,582 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Africa (CIF) - 2022
The average import price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses stood at $2,238 per ton in 2022, dropping by -8.7% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2017 an increase of 21%. The import price peaked at $4,575 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Namibia.
From 2012 to 2022, the rate of growth in terms of prices for Namibia amounted to -6.9% per year.
Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Africa
In 2022, the amount of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses exported from South Africa soared to 1.4K tons, increasing by 425% compared with the year before. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,044% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses skyrocketed to $10M in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 1,086% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | 1.4 | 9.8 | 600.0% |
| United Arab Emirates | 0.6 | 0.2 | 0.7 | 0.4 | -12.6% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 0.6 | 0.2 | 2.2 | 10.3 | 158.0% |
Top Export Markets for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses from South Africa in 2022:
- Qatar (1285.3 tons)
- United Arab Emirates (55.4 tons)
Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Africa
After two years of decline, overseas purchases of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses increased by 180% to 431 tons in 2022. Overall, imports, however, continue to indicate a precipitous decline.
In value terms, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses surged to $965K in 2022. In general, imports, however, showed a precipitous setback.
| Import of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 6.3 | 0.6 | 0.4 | 1.0 | -45.9% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 6.4 | 0.6 | 0.4 | 1.0 | -46.1% |
Top Suppliers of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses to South Africa in 2022:
- Namibia (431.2 tons)
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