Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Egypt - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Egypt (CIF) - 2022
- Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Egypt
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Egypt (CIF) - 2022
The average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $8,709 per ton in 2022, picking up by 15% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) increased by +24.2% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 43%. As a result, import price reached the peak level of $10,351 per ton. From 2014 to 2022, the average 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 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +1.8% per year.
Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Egypt
After two years of decline, supplies from abroad of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) increased by 138% to 958 tons in 2022. Over the period under review, imports showed a strong increase. 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) cuts with bone in (excluding carcasses and half-carcasses) skyrocketed to $8.3M in 2022. In general, imports enjoyed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 5.5 | 3.4 | 2.3 | 8.3 | 14.7% |
| Portugal | N/A | N/A | 0.4 | N/A | 0% |
| United States | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | 0.2 | 0.2 | 0.3 | N/A | 22.5% |
| Total | 5.7 | 3.8 | 3.1 | 8.3 | 13.3% |
Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Egypt in 2022:
- Australia (957.8 tons)
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