Price for Sheep and Goats; Live in Serbia - 2023

Contents:

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

Price for Sheep and Goats; Live in Serbia (FOB) - 2023

In October 2023, the average sheep and goats; live export price amounted to $128 per unit, rising by 5.6% against the previous month. Overall, the export price, however, continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 22% m-o-m. The export price peaked at $155 per unit in October 2022; however, from November 2022 to October 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In October 2023, the country with the highest price was Montenegro ($146 per unit), while the average price for exports to Albania ($100 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average sheep and goats; live import price amounted to $99 per unit, with a decrease of -1.6% against the previous year. Overall, the import price, however, saw a pronounced expansion. The growth pace was the most rapid in 2018 an increase of 167%. As a result, import price reached the peak level of $212 per unit. From 2019 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bosnia and Herzegovina ($105 per unit), while the price for Romania totaled $98 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+40.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Sheep and Goats; Live in Serbia

In 2022, overseas shipments of sheep and goats; live decreased by -33% to 129K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a strong increase. The growth pace was the most rapid in 2021 when exports increased by 92%. As a result, the exports attained the peak of 192K units, and then declined remarkably in the following year.

In value terms, sheep and goats; live exports contracted markedly to $15M in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 93%. As a result, the exports reached the peak of $19M, and then contracted sharply in the following year.

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

1. Bosnia and Herzegovina (35.1K units)
2. Israel (34.5K units)
3. Montenegro (34.5K units)
4. North Macedonia (11.7K units)
5. Albania (6.9K units)
6. Libya (6.0K units)

Imports of Sheep and Goats; Live in Serbia

In 2022, imports of sheep and goats; live into Serbia contracted rapidly to 1.2K units, waning by -18.5% against the previous year. Over the period under review, imports recorded a sharp decrease. The smallest decline of -17.5% was in 2021. Imports peaked at 2.6K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, sheep and goats; live imports shrank remarkably to $114K in 2022. Overall, imports faced a dramatic shrinkage. Over the period under review, imports hit record highs at $532K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

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

1. Romania (1094.0 units)
2. Bosnia and Herzegovina (64.0 units)

Source: IndexBox Market Intelligence Platform