Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sudan - 2022

Contents:

  1. Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sudan (CIF) - 2022
  2. Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sudan (FOB) - 2022
  3. Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sudan
  4. Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sudan

Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sudan (CIF) - 2022

In 2022, the average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $5,440 per ton, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 25% against the previous year. Over the period under review, average import prices attained the maximum at $5,890 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 ($8,260 per ton), while the price for Kenya ($2,702 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.6%), while the prices for the other major suppliers experienced a decline.

Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sudan (FOB) - 2022

The average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $6,556 per ton in 2022, remaining stable against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 51% against the previous year. Over the period under review, the average export prices attained the maximum at $6,587 per ton in 2021, and then fell in the following year.

As there is only one major export destination, the average price level is determined by prices for Bahrain.

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +15.6% per year.

Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sudan

After two years of decline, supplies from abroad of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) increased by 6.7% to 19 tons in 2022. Over the period under review, imports, however, continue to indicate a abrupt slump.

In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $101K in 2022. In general, imports, however, faced a deep contraction.

Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands7.44.956.560.7101.7%
United Arab Emirates6.21.832.634.677.4%
Kenya0.30.25.14.4144.8%
SpainN/A23.8N/AN/A0%
Italy13175.1N/AN/A-42.7%
Others0.10.11.21.0115.4%
Total14510695.4101-11.4%

Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Sudan in 2022:

  1. Netherlands (12.6 tons)
  2. United Arab Emirates (4.2 tons)
  3. Kenya (1.6 tons)

Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sudan

In 2022, after three years of growth, there was significant decline in overseas shipments of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses), when their volume decreased by -19.4% to 3.2 tons. In general, exports, however, enjoyed resilient growth. The growth pace was the most rapid in 2021 when exports increased by 63%. As a result, the exports attained the peak of 4 tons, and then contracted remarkably in the following year.

In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) declined remarkably to $21K in 2022. Overall, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. As a result, the exports attained the peak of $26K, and then shrank rapidly in the following year.

Export of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bahrain12.415.91.821.119.4%
United Arab EmiratesN/AN/A24.5N/A0%
OthersN/AN/AN/AN/A0%
Total12.415.926.321.119.4%

Top Export Markets for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) from Sudan in 2022:

  1. Bahrain (3.2 tons)

Source: IndexBox Market Intelligence Platform

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