Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Azerbaijan - 2024

Contents:

  1. Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Azerbaijan (CIF) - 2022
  2. Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Azerbaijan

Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Azerbaijan (CIF) - 2022

The average import price for frozen sheep (excluding lamb) carcasses and half-carcasseses stood at $3,053 per ton in 2022, shrinking by -3.2% against the previous year. Over the period under review, the import price showed a pronounced decline. The most prominent rate of growth was recorded in 2015 when the average import price increased by 53%. As a result, import price reached the peak level of $5,620 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($21,165 per ton), while the price for Mongolia ($1,782 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+12.4%), while the prices for the other major suppliers experienced a decline.

Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Azerbaijan

In 2022, the amount of frozen sheep (excluding lamb) carcasses and half-carcasseses imported into Azerbaijan shrank notably to 20 tons, which is down by -30.1% against the year before. In general, imports, however, showed a modest expansion. The most prominent rate of growth was recorded in 2021 with an increase of 151% against the previous year. As a result, imports attained the peak of 28 tons, and then fell significantly in the following year.

In value terms, imports of frozen sheep (excluding lamb) carcasses and half-carcasseses fell markedly to $61K in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 183%. As a result, imports reached the peak of $89K, and then plummeted in the following year.

Import of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia26.116.752.034.49.6%
Australia8.56.726.221.636.5%
Ukraine1.91.55.34.129.2%
Mongolia5.33.45.90.5-54.5%
Moldova9.6N/AN/AN/A0%
Others9.63.4N/AN/A-64.6%
Total61.031.689.460.5-0.3%

Top Suppliers of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Azerbaijan in 2022:

  1. Saudi Arabia (17.1 tons)
  2. Ukraine (1.4 tons)
  3. Australia (1.0 tons)
  4. Mongolia (0.3 tons)

Source: IndexBox Market Intelligence Platform

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