Sheep; Live Price in Colombia - 2022

Sheep; Live Price in Colombia (CIF) - 2022

In 2022, the average sheep; live import price amounted to $87 per unit, leveling off at the previous year. Overall, the import price, however, continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when the average import price increased by 222% against the previous year. Over the period under review, average import prices reached the peak figure at $215 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Uruguay.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +32.8% per year.

Sheep; Live Imports in Colombia

Sheep; live imports into Colombia shrank slightly to 613 units in 2022, almost unchanged from 2021. Over the period under review, imports continue to indicate a sharp contraction. The pace of growth was the most pronounced in 2021 with an increase of 54%. Over the period under review, imports hit record highs at 1.3K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, sheep; live imports reduced to $53K in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 0.2% against the previous year. As a result, imports attained the peak of $53K, leveling off in the following year.