Sheep; Live Price in India - 2023
Contents:
- Sheep; Live Price in India (FOB) - 2022
- Sheep; Live Price in India (CIF) - 2022
- Sheep; Live Exports in India
- Sheep; Live Imports in India
Sheep; Live Price in India (FOB) - 2022
The average sheep; live export price stood at $37 per unit in 2022, dropping by -28.7% against the previous year. In general, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 64% against the previous year. As a result, the export price reached the peak level of $87 per unit. From 2015 to 2022, the average export prices remained at a lower figure.
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 Oman amounted to +3.8% per year.
Sheep; Live Price in India (CIF) - 2022
In 2022, the average sheep; live import price amounted to $359 per unit, rising by 9.5% against the previous year. Overall, the import price saw a strong expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 144%. The import price peaked in 2022 and is likely to continue growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +8.8% per year.
Sheep; Live Exports in India
For the third consecutive year, India recorded decline in shipments abroad of sheep; live, which decreased by -90% to 994 units in 2022. In general, exports showed a significant curtailment. The smallest decline of -15.8% was in 2020. Over the period under review, the exports attained the maximum at 32K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, sheep; live exports contracted dramatically to $36K in 2022. Overall, exports showed a dramatic decline. The smallest decline of -33% was in 2020. Over the period under review, the exports reached the maximum at $1.4M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Sheep; Live in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 914 | 549 | 225 | 36.4 | -65.9% |
| Oman | 412 | 325 | 244 | N/A | -23.0% |
| Bahrain | 28.9 | 23.5 | 15.8 | N/A | -26.1% |
| Others | 26.4 | 27.4 | 23.7 | 0.1 | -84.4% |
| Total | 1,381 | 925 | 509 | 36.4 | -70.2% |
Top Export Markets for Sheep; Live from India in 2022:
- United Arab Emirates (993.0 units)
Sheep; Live Imports in India
In 2022, purchases abroad of sheep; live decreased by -8.9% to 8.7K units, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 50%. As a result, imports attained the peak of 10K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, sheep; live imports reduced to $3.1M in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 268% against the previous year. Imports peaked at $3.1M in 2021, and then contracted in the following year.
| Import of Sheep; Live in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 0.3 | 3.1 | 3.1 | 3.1 | 117.8% |
| Mali | 0.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.8 | 3.1 | 3.1 | 3.1 | 57.1% |
Top Suppliers of Sheep; Live to India in 2022:
- Australia (8.6K units)
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