Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Egypt - 2023
Contents:
- Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Egypt (CIF) - 2022
- Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Egypt (FOB) - 2022
- Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Egypt
- Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Egypt
Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Egypt (CIF) - 2022
In 2022, the average import price for frozen sheep (excluding lamb) carcasses and half-carcasseses amounted to $4,479 per ton, surging by 8.6% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 81%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Moldova ($4,479 per ton), while the price for Turkey totaled $4,479 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+44.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Egypt (FOB) - 2022
The average export price for frozen sheep (excluding lamb) carcasses and half-carcasseses stood at $4,982 per ton in 2022, rising by 1.7% against the previous year. Overall, the export price enjoyed a tangible increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 73%. The export price peaked in 2022 and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($4,983 per ton), while the average price for exports to Qatar totaled $4,980 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+20.2%).
Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Egypt
Imports of frozen sheep (excluding lamb) carcasses and half-carcasseses into Egypt shrank rapidly to 52 tons in 2022, which is down by -42.9% against the previous year. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 78% against the previous year. As a result, imports reached the peak of 90 tons, and then dropped sharply in the following year.
In value terms, imports of frozen sheep (excluding lamb) carcasses and half-carcasseses contracted dramatically to $231K in 2022. In general, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 68% against the previous year. As a result, imports attained the peak of $372K, and then shrank significantly in the following year.
| Import of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 2.3 | 7.0 | 14.7 | 158 | 309.6% |
| Moldova | 280 | 83.3 | 259 | 72.6 | -36.2% |
| New Zealand | 16.7 | 14.6 | 9.0 | N/A | -26.6% |
| Australia | 40.2 | 116 | 89.9 | N/A | 49.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 339 | 221 | 372 | 231 | -12.0% |
Top Suppliers of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Egypt in 2022:
- Turkey (35.3 tons)
- Moldova (16.2 tons)
Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Egypt
Exports of frozen sheep (excluding lamb) carcasses and half-carcasseses from Egypt surged to 1.1 tons in 2022, with an increase of 80% against the previous year's figure. Overall, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 403% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, exports of frozen sheep (excluding lamb) carcasses and half-carcasseses surged to $5.6K in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 498%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 3.9 | 0% |
| Qatar | 0.6 | 0.3 | N/A | 1.7 | 41.5% |
| Kuwait | 2.4 | 0.2 | N/A | N/A | -91.7% |
| Oman | N/A | N/A | 3.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.0 | 0.5 | 3.1 | 5.6 | 23.1% |
Top Export Markets for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Egypt in 2022:
- United Arab Emirates (777.0 kg)
- Qatar (348.0 kg)
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