Price for Sheep and Goats; Live in the United Arab Emirates - 2021

Contents:

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

Price for Sheep and Goats; Live in the United Arab Emirates (CIF) - 2022

The average sheep and goats; live import price stood at $99 per unit in 2022, rising by 25% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 30%. Over the period under review, average import prices reached the maximum at $143 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($125 per unit), while the price for India ($35 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+28.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sheep and Goats; Live in the United Arab Emirates (FOB) - 2022

The average sheep and goats; live export price stood at $95 per unit in 2022, dropping by -11.7% against the previous year. Over the period under review, the export price showed a mild curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 36% against the previous year. The export price peaked at $162 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Oman ($98 per unit) and Bahrain ($95 per unit), while the average price for exports to Qatar ($94 per unit) and Saudi Arabia ($95 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Sheep and Goats; Live in the United Arab Emirates

In 2022, supplies from abroad of sheep and goats; live was finally on the rise to reach 467K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a mild slump. Over the period under review, imports attained the peak figure at 489K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, sheep and goats; live imports surged to $46M in 2022. In general, imports saw strong growth. 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 the United Arab Emirates in 2022:

1. Iran (129.3K units)
2. India (114.6K units)
3. Somalia (82.8K units)
4. Australia (80.6K units)
5. Oman (52.2K units)
6. Jordan (4.0K units)

Exports of Sheep and Goats; Live in the United Arab Emirates

In 2022, approx. 360K units of sheep and goats; live were exported from the United Arab Emirates; rising by 1,013% against 2021. Over the period under review, exports posted 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 skyrocketed to $34M in 2022. Overall, exports enjoyed a significant increase. 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 the United Arab Emirates in 2022:

1. Qatar (296.7K units)
2. Saudi Arabia (41.9K units)
3. Oman (13.2K units)
4. Bahrain (6.3K units)

Source: IndexBox Market Intelligence Platform