Price for Sheep and Goats; Live in Italy - 2023

Contents:

1. Price for Sheep and Goats; Live in Italy (CIF) - 2023
2. Price for Sheep and Goats; Live in Italy (FOB) - 2022
3. Imports of Sheep and Goats; Live in Italy
4. Exports of Sheep and Goats; Live in Italy

Price for Sheep and Goats; Live in Italy (CIF) - 2023

In July 2023, the average sheep and goats; live import price amounted to $130 per unit, waning by -8.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in December 2022 an increase of 36% month-to-month. Over the period under review, average import prices hit record highs at $157 per unit in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Hungary ($156 per unit), while the price for France ($91.5 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Romania (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sheep and Goats; Live in Italy (FOB) - 2022

In 2022, the average sheep and goats; live export price amounted to $180 per unit, waning by -3.2% against the previous year. Overall, the export price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2014 when the average export price increased by 124% against the previous year. The export price peaked at $227 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malta ($238 per unit), while the average price for exports to France totaled $141 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Albania (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sheep and Goats; Live in Italy

After two years of decline, purchases abroad of sheep and goats; live increased by 20% to 701K units in 2022. Over the period under review, imports, however, recorded a abrupt shrinkage. Over the period under review, imports attained the peak figure at 846K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, sheep and goats; live imports skyrocketed to $79M in 2022. The total import value increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Sheep and Goats; Live to Italy in 2022:

1. Hungary (331.1K units)
2. Romania (179.9K units)
3. Spain (97.3K units)
4. France (60.3K units)
5. Poland (10.1K units)

Exports of Sheep and Goats; Live in Italy

In 2022, approx. 907 units of sheep and goats; live were exported from Italy; with an increase of 238% compared with 2021. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sheep and goats; live exports surged to $163K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Sheep and Goats; Live from Italy in 2022:

1. France (540.0 units)
2. Malta (367.0 units)

Source: IndexBox Market Intelligence Platform