Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Kenya - 2022
Contents:
- Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Kenya (FOB) - 2022
- Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Kenya
Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Kenya (FOB) - 2022
In 2022, the average export price for frozen sheep (excluding lamb) carcasses and half-carcasseses amounted to $4,514 per ton, falling by -3.9% against the previous year. Overall, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices hit record highs at $8,593 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($5,577 per ton), while the average price for exports to Saudi Arabia stood at $4,214 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Kenya
In 2022, shipments abroad of frozen sheep (excluding lamb) carcasses and half-carcasseses decreased by -84.3% to 28 tons, falling for the second year in a row after two years of growth. In general, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 7.5% against the previous year. As a result, the exports attained the peak of 181 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of frozen sheep (excluding lamb) carcasses and half-carcasseses shrank sharply to $126K in 2022. Overall, exports saw a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 43% against the previous year.
Export of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | N/A | 117 | 141 | 92.1 | -11.3% |
Bahrain | N/A | 85.6 | 473 | 34.4 | -36.6% |
United Arab Emirates | 78.6 | 149 | 104 | N/A | 15.0% |
Oman | 396 | 325 | 119 | N/A | -45.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 474 | 676 | 837 | 126 | -35.7% |
Top Export Markets for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Kenya in 2022:
- Saudi Arabia (21.9 tons)
- Bahrain (6.2 tons)
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