Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Uruguay - 2022
Contents:
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Uruguay (FOB) - 2022
- Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Uruguay
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Uruguay (FOB) - 2022
In 2022, the average export price for meat of sheep or goats; fresh, chilled or frozen amounted to $5,385 per ton, dropping by -4.7% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 14%. Over the period under review, the average export prices hit record highs at $5,840 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($11,413 per ton), while the average price for exports to the United Arab Emirates ($2,880 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Uruguay
In 2022, after three years of growth, there was significant decline in overseas shipments of meat of sheep or goats; fresh, chilled or frozen, when their volume decreased by -16.1% to 18K tons. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 48% against the previous year. As a result, the exports attained the peak of 22K tons, and then contracted notably in the following year.
In value terms, exports of meat of sheep or goats; fresh, chilled or frozen reduced markedly to $99M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 64%. As a result, the exports reached the peak of $124M, and then declined markedly in the following year.
| Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 34.6 | 46.8 | 97.7 | 39.3 | 4.3% |
| Brazil | 25.8 | 16.5 | 16.1 | 27.4 | 2.0% |
| Netherlands | 1.1 | 0.9 | 0.7 | 4.9 | 64.5% |
| Canada | 2.9 | 5.1 | 3.2 | 4.7 | 17.5% |
| United Arab Emirates | 0.2 | 0.4 | 0.3 | 4.2 | 175.9% |
| United States | 1.4 | 1.7 | 3.3 | 3.6 | 37.0% |
| Kuwait | 0.1 | 0.6 | 0.3 | 3.1 | 214.1% |
| Oman | 0.6 | 0.4 | N/A | 2.7 | 65.1% |
| Jordan | 0.2 | 0.3 | 0.8 | 1.6 | 100.0% |
| Others | 3.1 | 2.9 | 1.7 | 7.8 | 36.0% |
| Total | 70.1 | 75.5 | 124 | 99.2 | 12.3% |
Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Uruguay in 2022:
- China (8.9K tons)
- Brazil (3.7K tons)
- United Arab Emirates (1.5K tons)
- Oman (0.7K tons)
- Kuwait (0.7K tons)
- United States (0.6K tons)
- Canada (0.5K tons)
- Netherlands (0.4K tons)
- Jordan (0.3K tons)
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