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

Contents:

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

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

The average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $4,321 per ton in 2022, surging by 9.9% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $4,752 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Libya ($4,976 per ton) and the United Arab Emirates ($4,850 per ton), while the average price for exports to China ($4,038 per ton) and Qatar ($4,200 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+3,414.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $8,500 per ton in 2022, increasing by 23% against the previous year. In general, the import price enjoyed a buoyant increase. The growth pace was the most rapid in 2017 when the average import price increased by 46%. The import price peaked in 2022 and is likely to continue growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +43.7% per year.

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

In 2022, the amount of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) exported from Tanzania skyrocketed to 256 tons, with an increase of 757% compared with 2021 figures. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) surged to $1.1M in 2022. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman70.483.5117617106.2%
QatarN/AN/A0.2251125400.0%
United Arab EmiratesN/AN/AN/A82.50%
LibyaN/AN/AN/A69.70%
ChinaN/AN/AN/A40.40%
VietnamN/AN/AN/A30.80%
OthersN/AN/AN/A13.20%
Total70.483.51171,105150.4%

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

  1. Oman (144.9 tons)
  2. Qatar (59.8 tons)
  3. United Arab Emirates (17.0 tons)
  4. Libya (14.0 tons)
  5. China (10.0 tons)
  6. Vietnam (7.0 tons)

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

In 2022, the amount of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) imported into Tanzania fell significantly to 6 kg, which is down by -99.9% against 2021. In general, imports continue to indicate a significant decline. The smallest decline of -6.5% was in 2020.

In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) declined remarkably to $51 in 2022. Over the period under review, imports recorded a dramatic setback. The smallest decline of -2% was in 2020.

Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa0.70.70.70.1-47.7%
New Zealand40.936.732.0N/A-11.5%
Australia9.311.213.0N/A18.2%
Saudi Arabia27.928.528.4N/A0.9%
Others0.50.62.1N/A104.9%
Total79.477.876.20.1-89.2%

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

  1. South Africa (6.0 kg)

Source: IndexBox Market Intelligence Platform

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