Sheep; Live Price in Indonesia - 2022

Contents:

1. Sheep; Live Price in Indonesia (FOB) - 2022
2. Sheep; Live Price in Indonesia (CIF) - 2022
3. Sheep; Live Exports in Indonesia
4. Sheep; Live Imports in Indonesia

Sheep; Live Price in Indonesia (FOB) - 2022

In 2022, the average sheep; live export price amounted to $159 per unit, growing by 30% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +7.5% per year.

Sheep; Live Price in Indonesia (CIF) - 2022

In 2022, the average sheep; live import price amounted to $102 per unit, approximately mirroring the previous year. Overall, the import price, however, showed a remarkable increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 97%. As a result, import price reached the peak level of $160 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($130 per unit), while the price for the Netherlands amounted to $56 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+9.0%).

Sheep; Live Exports in Indonesia

After three years of growth, shipments abroad of sheep; live decreased by -8.9% to 7.1K units in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 561%. The exports peaked at 7.8K units in 2021, and then shrank in the following year.

In value terms, sheep; live exports surged to $1.1M in 2022. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 602%. The exports peaked in 2022 and are likely to continue growth in the near future.

Top Export Markets for Sheep; Live from Indonesia in 2022:

1. Malaysia (7.1K units)

Sheep; Live Imports in Indonesia

Sheep; live imports into Indonesia dropped to 1K units in 2022, reducing by -9.9% against the previous year. Over the period under review, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 25%. Over the period under review, imports attained the maximum at 1.3K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, sheep; live imports reduced to $104K in 2022. In general, imports continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2021 with an increase of 28%. As a result, imports reached the peak of $117K, and then shrank in the following year.

Top Suppliers of Sheep; Live to Indonesia in 2022:

1. Australia (631.0 units)
2. Netherlands (196.0 units)

Source: IndexBox Market Intelligence Platform