Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Tanzania - 2022
Contents:
- Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Tanzania (FOB) - 2022
- Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Tanzania
Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Tanzania (FOB) - 2022
In December 2021, the average export price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses amounted to $3,388 per ton, growing by 1.8% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2021 when the average export price increased by 509% m-o-m. The export price peaked at $4,379 per ton in April 2021; however, from May 2021 to December 2021, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In December 2021, the highest price was recorded for prices to the United Arab Emirates ($3,500 per ton) and Oman ($3,475 per ton), while the average price for exports to Qatar ($3,341 per ton) and Bahrain ($3,383 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 the United Arab Emirates (+1.3%), while the prices for the other major destinations experienced a decline.
Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Tanzania
For the fourth consecutive year, Tanzania recorded growth in overseas shipments of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses, which increased by 470% to 5.3K tons in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 3,082% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses soared to $18M in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 2,993% against the previous year. Over the period under review, the exports of attained the peak figure 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 Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | 2.1 | 8.7 | 314.3% |
| Bahrain | N/A | N/A | 1.9 | 2.5 | 31.6% |
| Oman | N/A | N/A | 0.5 | 2.5 | 400.0% |
| United Arab Emirates | N/A | 0.1 | 0.1 | 2.1 | 358.3% |
| Kuwait | N/A | 0.1 | 0.5 | 0.9 | 200.0% |
| Saudi Arabia | N/A | N/A | N/A | 0.5 | 0% |
| Others | N/A | N/A | N/A | 1.1 | 0% |
| Total | 0.1 | 0.2 | 5.2 | 18.3 | 467.7% |
Top Export Markets for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Tanzania in 2022:
- Qatar (2558.4 tons)
- Bahrain (745.7 tons)
- Oman (728.3 tons)
- United Arab Emirates (581.8 tons)
- Kuwait (275.3 tons)
- Saudi Arabia (129.8 tons)
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