Price for Sheep and Goats; Live in Australia - 2023
Contents:
- Price for Sheep and Goats; Live in Australia (FOB) - 2023
- Exports of Sheep and Goats; Live in Australia
Price for Sheep and Goats; Live in Australia (FOB) - 2023
In September 2023, the average sheep and goats; live export price amounted to $63.2 per unit, with a decrease of -69.9% against the previous month. In general, the export price saw a deep setback. The most prominent rate of growth was recorded in July 2023 an increase of 60% month-to-month. Over the period under review, the average export prices reached the peak figure at $210 per unit in August 2023, and then shrank markedly in the following month.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Malaysia ($127 per unit), while the average price for exports to Kuwait ($57.4 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+0.3%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Sheep and Goats; Live in Australia
In 2022, approx. 530K units of sheep and goats; live were exported from Australia; waning by -8.6% on the year before. In general, exports recorded a sharp decrease. Over the period under review, the exports attained the maximum at 1.1M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, sheep and goats; live exports plummeted to $60M in 2022. Over the period under review, exports saw a deep contraction. The smallest decline of -12.4% was in 2020. Over the period under review, the exports reached the maximum at $104M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Sheep and Goats; Live in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 34.5 | 37.7 | 38.5 | 28.0 | -6.7% |
| United Arab Emirates | 13.0 | 9.2 | 13.8 | 10.4 | -7.2% |
| Israel | 4.8 | 6.2 | 7.1 | 9.1 | 23.8% |
| Malaysia | 6.2 | 3.2 | 4.4 | 4.6 | -9.5% |
| Oman | 1.3 | 5.2 | 7.1 | 2.8 | 29.1% |
| Qatar | 21.7 | 15.2 | N/A | 2.4 | -52.0% |
| Jordan | 14.6 | 7.4 | 0.7 | N/A | -78.1% |
| Others | 8.2 | 7.2 | 3.9 | 2.4 | -33.6% |
| Total | 104 | 91.3 | 75.5 | 59.6 | -16.9% |
Top Export Markets for Sheep and Goats; Live from Australia in 2022:
- Kuwait (270.9K units)
- United Arab Emirates (95.3K units)
- Israel (90.2K units)
- Oman (27.0K units)
- Qatar (25.0K units)
- Malaysia (17.8K units)
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