Price for Frozen Lamb Carcasses and Half-Carcasses in Egypt - 2023
Contents:
- Price for Frozen Lamb Carcasses and Half-Carcasses in Egypt (CIF) - 2022
- Price for Frozen Lamb Carcasses and Half-Carcasses in Egypt (FOB) - 2022
- Imports of Frozen Lamb Carcasses and Half-Carcasses in Egypt
- Exports of Frozen Lamb Carcasses and Half-Carcasses in Egypt
Price for Frozen Lamb Carcasses and Half-Carcasses in Egypt (CIF) - 2022
In 2022, the average import price for frozen lamb carcasses and half-carcasseses amounted to $7,775 per ton, growing by 14% against the previous year. Over the period under review, the import price recorded modest growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($7,775 per ton), while the price for Australia ($7,774 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+4.8%).
Price for Frozen Lamb Carcasses and Half-Carcasses in Egypt (FOB) - 2022
The average export price for frozen lamb carcasses and half-carcasseses stood at $6,012 per ton in 2022, approximately mirroring the previous year. In general, the export price showed a significant expansion. The pace of growth appeared the most rapid in 2017 when the average export price decreased by -56.3%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Bahrain.
From 2013 to 2022, the rate of growth in terms of prices for Bahrain amounted to +21.1% per year.
Imports of Frozen Lamb Carcasses and Half-Carcasses in Egypt
In 2022, approx. 85 tons of frozen lamb carcasses and half-carcasseses were imported into Egypt; picking up by 936% compared with 2021. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen lamb carcasses and half-carcasses imports skyrocketed to $663K in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Frozen Lamb Carcasses and Half-Carcasses in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 387 | 0% |
| Australia | 30.7 | 37.9 | 35.0 | 148 | 68.9% |
| Uruguay | N/A | N/A | N/A | 128 | 0% |
| New Zealand | 7.4 | 8.6 | 7.5 | N/A | 0.7% |
| Moldova | 11.0 | N/A | 13.8 | N/A | 12.0% |
| South Africa | N/A | 17.3 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 49.1 | 63.8 | 56.3 | 663 | 138.1% |
Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to Egypt in 2022:
- Turkey (49.7 tons)
- Australia (19.1 tons)
- Uruguay (16.5 tons)
Exports of Frozen Lamb Carcasses and Half-Carcasses in Egypt
In 2022, exports of frozen lamb carcasses and half-carcasseses from Egypt stood at 170 kg, approximately reflecting the previous year. Over the period under review, exports continue to indicate a significant decrease. The smallest decline of 99.9% was in 2021.
In value terms, frozen lamb carcasses and half-carcasses exports stood at $1K in 2022. Overall, exports faced a significant decline. The smallest decline of 99.9% was in 2021.
| Export of Frozen Lamb Carcasses and Half-Carcasses in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Bahrain | 1.0 | N/A | 1.0 | 0.0% | |
| United Arab Emirates | 1.1 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 2.0 | N/A | 1.0 | -29.3% | |
Top Export Markets for Frozen Lamb Carcasses and Half-Carcasses from Egypt in 2022:
- Bahrain (170.0 kg)
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