Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bangladesh - 2022
Contents:
- Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bangladesh (CIF) - 2022
- Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bangladesh
Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bangladesh (CIF) - 2022
In 2022, the average import price for frozen sheep (excluding lamb) carcasses and half-carcasseses amounted to $3,582 per ton, waning by -7.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 19%. Over the period under review, average import prices hit record highs at $4,552 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($7,375 per ton), while the price for Saudi Arabia totaled $4,046 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+18.7%).
Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bangladesh
For the fourth consecutive year, Bangladesh recorded growth in supplies from abroad of frozen sheep (excluding lamb) carcasses and half-carcasseses, which increased by 14% to 3 tons in 2022. The total import volume increased at an average annual rate of +14.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of frozen sheep (excluding lamb) carcasses and half-carcasseses expanded remarkably to $11K in 2022. The total import value increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 5.2% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
Import of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 8.8 | 8.3 | 7.6 | 7.9 | -3.5% |
Malaysia | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
Others | 0.1 | 1.1 | 2.3 | 2.5 | 192.4% |
Total | 9.1 | 9.6 | 10.1 | 10.6 | 5.2% |
Top Suppliers of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Bangladesh in 2022:
- Saudi Arabia (1950.0 kg)
- Malaysia (32.0 kg)
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