Price for Frozen Sheep (Including Lamb) Boneless Cuts in Kenya - 2022
Contents:
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Kenya (FOB) - 2022
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Kenya (CIF) - 2022
- Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Kenya
- Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Kenya
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Kenya (FOB) - 2022
The average export price for frozen sheep (including lamb) boneless cutses stood at $3,367 per ton in 2022, declining by -20.7% against the previous year. In general, the export price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when the average export price increased by 6.6%. Over the period under review, the average export prices hit record highs at $5,640 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($5,647 per ton), while the average price for exports to Saudi Arabia totaled $2,867 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+16.5%), while the prices for the other major destinations experienced a decline.
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Kenya (CIF) - 2022
In 2022, the average import price for frozen sheep (including lamb) boneless cutses amounted to $5,395 per ton, rising by 71% against the previous year. Over the period under review, the import price enjoyed a resilient expansion. The growth pace was the most rapid in 2018 an increase of 93% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 the United Arab Emirates ($3,145 per ton), while the price for South Africa stood at $1,000 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.9%).
Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Kenya
In 2022, after three years of growth, there was significant decline in shipments abroad of frozen sheep (including lamb) boneless cutses, when their volume decreased by -36.8% to 27 tons. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 583% against the previous year. As a result, the exports attained the peak of 43 tons, and then shrank significantly in the following year.
In value terms, exports of frozen sheep (including lamb) boneless cutses reduced dramatically to $91K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 515% against the previous year. As a result, the exports attained the peak of $182K, and then contracted remarkably in the following year.
| Export of Frozen Sheep (Including Lamb) Boneless Cuts in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | N/A | N/A | 64.2 | 0% |
| Democratic Republic of the Congo | 1.6 | 4.5 | 36.0 | 22.3 | 140.7% |
| Oman | 8.1 | 2.9 | 95.7 | N/A | 243.7% |
| Bahrain | N/A | 18.1 | 13.4 | N/A | -26.0% |
| Others | 2.2 | 4.1 | 36.7 | 4.5 | 26.9% |
| Total | 12.0 | 29.6 | 182 | 91.1 | 96.5% |
Top Export Markets for Frozen Sheep (Including Lamb) Boneless Cuts from Kenya in 2022:
- Saudi Arabia (22.4 tons)
- Democratic Republic of the Congo (4.0 tons)
Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Kenya
In 2022, overseas purchases of frozen sheep (including lamb) boneless cutses were finally on the rise to reach 370 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of frozen sheep (including lamb) boneless cutses soared to $2K in 2022. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Frozen Sheep (Including Lamb) Boneless Cuts in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United Arab Emirates | 345 | 173 | -49.9% | ||
| South Africa | 2.0 | 1.0 | -50.0% | ||
| Others | 1.0 | 1,822 | 182100.0% | ||
| Total | 348 | 1,996 | 473.6% | ||
Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to Kenya in 2022:
- United Arab Emirates (55.0 kg)
- South Africa (1.0 kg)
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