Price for Sheep and Goats; Live in Malaysia - 2022

Contents:

1. Price for Sheep and Goats; Live in Malaysia (CIF) - 2021
2. Price for Sheep and Goats; Live in Malaysia (FOB) - 2022
3. Imports of Sheep and Goats; Live in Malaysia
4. Exports of Sheep and Goats; Live in Malaysia

Price for Sheep and Goats; Live in Malaysia (CIF) - 2021

The average sheep and goats; live import price stood at $121 per unit in December 2021, falling by -20.6% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2021 an increase of 38% against the previous month. As a result, import price reached the peak level of $164 per unit. From February 2021 to December 2021, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In December 2021, the country with the highest price was Indonesia ($123 per unit), while the price for Australia amounted to $121 per unit.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+0.6%).

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

In 2022, the average sheep and goats; live export price amounted to $272 per unit, surging by 57% against the previous year. Overall, the export price enjoyed strong growth. The growth pace was the most rapid in 2014 when the average export price increased by 163% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

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 Brunei Darussalam ($271 per unit), while the average price for exports to the United Arab Emirates totaled $117 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+13.2%).

Imports of Sheep and Goats; Live in Malaysia

In 2022, approx. 38K units of sheep and goats; live were imported into Malaysia; falling by -2.2% on the previous year's figure. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 4.6%. Over the period under review, imports reached the maximum at 52K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, sheep and goats; live imports shrank modestly to $6.7M in 2022. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 5.1% against the previous year. Over the period under review, imports hit record highs at $10M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. Australia (16.3K units)
2. Indonesia (12.8K units)
3. New Zealand (6.2K units)
4. Thailand (2.0K units)

Exports of Sheep and Goats; Live in Malaysia

In 2022, the amount of sheep and goats; live exported from Malaysia was estimated at 170 units, surging by 6.2% compared with 2021. Overall, exports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of 320% against the previous year. As a result, the exports reached the peak of 592 units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, sheep and goats; live exports surged to $46K in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 348%. As a result, the exports reached the peak of $65K. From 2021 to 2022, the growth of the exports remained at a lower figure.

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

1. Brunei Darussalam (154.0 units)
2. United Arab Emirates (14.0 units)

Source: IndexBox Market Intelligence Platform