Price for Sheep and Goats; Live in Latvia - 2023

Contents:

1. Price for Sheep and Goats; Live in Latvia (FOB) - 2022
2. Exports of Sheep and Goats; Live in Latvia

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

In 2022, the average sheep and goats; live export price amounted to $198 per unit, rising by 47% against the previous year. Over the period under review, the export price saw a prominent increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 254% against the previous year. As a result, the export price reached the peak level of $256 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($1,001 per unit), while the average price for exports to Belgium ($89 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+28.2%), while the prices for the other major destinations experienced a decline.

Exports of Sheep and Goats; Live in Latvia

In 2022, the amount of sheep and goats; live exported from Latvia surged to 3.5K units, jumping by 24% on the year before. Overall, exports posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 181% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, sheep and goats; live exports skyrocketed to $693K in 2022. In general, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 184%. The exports peaked in 2022 and are expected to retain growth in the near future.

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

1. Netherlands (1.6K units)
2. Belgium (1.5K units)
3. Russia (0.4K units)

Source: IndexBox Market Intelligence Platform