Sheep; Live Price in Norway - 2023

Contents:

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

Sheep; Live Price in Norway (CIF) - 2022

In 2022, the average sheep; live import price amounted to $62 per unit, leveling off at the previous year. In general, the import price, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average import price increased by 127%. The import price peaked at $459 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Denmark ($105 per unit), while the price for Sweden totaled $62 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (-6.6%).

Sheep; Live Price in Norway (FOB) - 2022

The average sheep; live export price stood at $13 per unit in 2022, which is down by -27.1% against the previous year. In general, the export price recorded a deep downturn. The pace of growth was the most pronounced in 2013 an increase of 63%. As a result, the export price attained the peak level of $60 per unit. From 2014 to 2022, the average export prices remained at a somewhat 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 the United Arab Emirates amounted to -7.9% per year.

Sheep; Live Imports in Norway

In 2022, after three years of growth, there was decline in purchases abroad of sheep; live, when their volume decreased by -3.9% to 49 units. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 50% against the previous year. As a result, imports attained the peak of 51 units, and then fell modestly in the following year.

In value terms, sheep; live imports fell slightly to $3K in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 3.8%. As a result, imports reached the peak of $3.1K, and then contracted slightly in the following year.

Import of Sheep; Live in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark1.00.70.12.332.0%
Sweden1.92.31.50.4-40.5%
OthersN/AN/A1.50.4-73.3%
Total2.93.03.13.01.1%

Top Suppliers of Sheep; Live to Norway in 2022:

  1. Denmark (22.0 units)
  2. Sweden (6.0 units)

Sheep; Live Exports in Norway

In 2022, shipments abroad of sheep; live was finally on the rise to reach 70 units after two years of decline. Overall, exports, however, faced a significant curtailment. The exports peaked at 211 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, sheep; live exports skyrocketed to $919 in 2022. Over the period under review, exports, however, showed a sharp shrinkage. The exports peaked at $4.4K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Sheep; Live in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates4.41.40.40.9-41.1%
OthersN/AN/AN/AN/A0%
Total4.41.40.40.9-41.1%

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

  1. United Arab Emirates (55.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Sheep; live - Norway