Price for Sheep and Goats; Live in Oman - 2021

Contents:

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

Price for Sheep and Goats; Live in Oman (CIF) - 2022

The average sheep and goats; live import price stood at $112 per unit in 2022, increasing by 9.8% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sheep and goats; live import price decreased by -13.1% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 59%. The import price peaked at $129 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($114 per unit), while the price for the United Arab Emirates stood at $108 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average sheep and goats; live export price amounted to $298 per unit, which is down by -6.8% against the previous year. Over the period under review, the export price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 79%. The export price peaked at $319 per unit in 2021, and then reduced in the following year.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +13.5% per year.

Imports of Sheep and Goats; Live in Oman

In 2022, the amount of sheep and goats; live imported into Oman contracted dramatically to 70K units, reducing by -20.5% on 2021. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 69% against the previous year. Over the period under review, imports reached the maximum at 94K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, sheep and goats; live imports reduced to $7.8M in 2022. Overall, imports showed a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. Imports peaked at $9.1M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. Australia (46.5K units)
2. United Arab Emirates (22.8K units)

Exports of Sheep and Goats; Live in Oman

After three years of growth, overseas shipments of sheep and goats; live decreased by -21% to 337K units in 2022. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 72% against the previous year. As a result, the exports reached the peak of 426K units, and then declined markedly in the following year.

In value terms, sheep and goats; live exports plummeted to $100M in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 112% against the previous year. As a result, the exports attained the peak of $136M, and then shrank rapidly in the following year.

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

1. United Arab Emirates (336.6K units)

Source: IndexBox Market Intelligence Platform