Price for Frozen Sheep (Including Lamb) Boneless Cuts in Egypt - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Egypt (CIF) - 2023
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Egypt (FOB) - 2022
- Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Egypt
- Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Egypt
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Egypt (CIF) - 2023
The average import price for frozen sheep (including lamb) boneless cutses stood at $9,503 per ton in November 2023, shrinking by -5.3% against the previous month. Over the period under review, the import price saw a slight downturn. The growth pace was the most rapid in October 2023 when the average import price increased by less than 0.1% m-o-m. Over the period under review, average import prices hit record highs at $11,005 per ton in January 2023; however, from February 2023 to November 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From November 2022 to November 2023, the rate of growth in terms of prices for Australia amounted to -1.2% per month.
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Egypt (FOB) - 2022
The average export price for frozen sheep (including lamb) boneless cutses stood at $16,451 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price saw strong growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 37% against the previous year. The export price peaked at $17,313 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2015 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.
Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Egypt
In 2022, supplies from abroad of frozen sheep (including lamb) boneless cutses increased by 2,261% to 78 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a noticeable slump.
In value terms, imports of frozen sheep (including lamb) boneless cutses skyrocketed to $860K in 2022. Overall, imports recorded a notable expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Sheep (Including Lamb) Boneless Cuts in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 789 | 39.7 | 4.9 | 661 | -5.7% |
| Sudan | N/A | N/A | N/A | 199 | 0% |
| Others | N/A | N/A | 25.5 | N/A | 0% |
| Total | 789 | 39.7 | 30.4 | 860 | 2.9% |
Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to Egypt in 2022:
- Australia (60.1 tons)
- Sudan (18.1 tons)
Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Egypt
Exports of frozen sheep (including lamb) boneless cutses from Egypt stood at 10 kg in 2022, remaining constant against the previous year's figure. Overall, exports saw a sharp setback. The smallest decline of 99.9% was in 2021.
In value terms, exports of frozen sheep (including lamb) boneless cutses stood at $165 in 2022. Over the period under review, exports saw a precipitous contraction. The smallest decline of 99.9% was in 2021.
| Export of Frozen Sheep (Including Lamb) Boneless Cuts in Egypt (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Maldives | N/A | N/A | 428 | 0% | |
| Kuwait | 856 | N/A | N/A | 0% | |
| Others | -579.0 | N/A | -263.0 | -32.6% | |
| Total | 277 | N/A | 165 | -22.8% | |
Top Export Markets for Frozen Sheep (Including Lamb) Boneless Cuts from Egypt in 2022:
- Maldives (56.0 kg)
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