Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Nigeria - 2022
Contents:
- Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Nigeria (CIF) - 2022
- Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Nigeria
Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Nigeria (CIF) - 2022
In 2022, the average import price for frozen sheep (excluding lamb) carcasses and half-carcasseses amounted to $4,346 per ton, picking up by 17% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt slump. Over the period under review, average import prices hit record highs at $6,736 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for South Africa.
From 2017 to 2022, the rate of growth in terms of prices for South Africa amounted to +17.5% per year.
Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Nigeria
Imports of frozen sheep (excluding lamb) carcasses and half-carcasseses into Nigeria surged to 156 kg in 2022, jumping by 42% compared with 2021. Over the period under review, total imports indicated a significant expansion from 2021 to 2022: its volume increased at an average annual rate of +41.8% over the last one years. The trend pattern, however, 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 skyrocketed to $678 in 2022. In general, total imports indicated a significant increase from 2021 to 2022: its value increased at an average annual rate of +66.6% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Nigeria (USD) | |||
---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
South Africa | 407 | 678 | 66.6% |
Others | N/A | N/A | 0% |
Total | 407 | 678 | 66.6% |
Top Suppliers of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Nigeria in 2022:
- South Africa (156.0 kg)
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