Sheep; Live Price in Serbia - 2023
Contents:
- Sheep; Live Price in Serbia (FOB) - 2023
- Sheep; Live Price in Serbia (CIF) - 2022
- Sheep; Live Exports in Serbia
- Sheep; Live Imports in Serbia
Sheep; Live Price in Serbia (FOB) - 2023
The average sheep; live export price stood at $128 per unit in October 2023, with an increase of 5.6% against the previous month. Over the period under review, the export price, however, showed a slight shrinkage. The growth pace was the most rapid in January 2023 when the average export price increased by 22% month-to-month. The export price peaked at $155 per unit in October 2022; however, from November 2022 to October 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In October 2023, the country with the highest price was Montenegro ($146 per unit), while the average price for exports to Albania ($100 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Sheep; Live Price in Serbia (CIF) - 2022
The average sheep; live import price stood at $99 per unit in 2022, dropping by -31.9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 44% against the previous year. As a result, import price attained the peak level of $192 per unit. From 2020 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bosnia and Herzegovina ($105 per unit), while the price for Romania stood at $98 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+32.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Sheep; Live Exports in Serbia
After three years of growth, overseas shipments of sheep; live decreased by -33.1% to 129K units in 2022. Overall, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 92% against the previous year. As a result, the exports attained the peak of 192K units, and then dropped remarkably in the following year.
In value terms, sheep; live exports declined markedly to $15M in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 93% against the previous year. As a result, the exports reached the peak of $19M, and then shrank notably in the following year.
| Export of Sheep; Live in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 2.1 | 2.3 | 5.7 | 5.4 | 37.0% |
| Montenegro | 2.4 | 1.6 | 2.9 | 3.6 | 14.5% |
| Bosnia and Herzegovina | 1.3 | 2.7 | 6.5 | 3.5 | 39.1% |
| North Macedonia | 0.3 | 0.7 | 0.9 | 1.1 | 54.2% |
| Libya | 0.9 | 1.8 | 1.3 | 0.8 | -3.9% |
| Albania | N/A | N/A | N/A | 0.6 | 0% |
| Others | 0.2 | 0.6 | 1.5 | N/A | 173.9% |
| Total | 7.2 | 9.8 | 18.9 | 15.1 | 28.0% |
Top Export Markets for Sheep; Live from Serbia in 2022:
- Bosnia and Herzegovina (35.1K units)
- Israel (34.5K units)
- Montenegro (34.3K units)
- North Macedonia (11.7K units)
- Albania (6.9K units)
- Libya (6.0K units)
Sheep; Live Imports in Serbia
In 2022, the amount of sheep; live imported into Serbia surged to 1.2K units, rising by 46% against 2021. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 125% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, sheep; live imports shrank slightly to $114K in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 58%. As a result, imports attained the peak of $115K, leveling off in the following year.
| Import of Sheep; Live in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 4.3 | 17.8 | 27.7 | 108 | 192.9% |
| Bosnia and Herzegovina | 0.3 | 1.1 | 1.4 | 6.7 | 181.6% |
| Spain | N/A | N/A | 17.1 | N/A | 0% |
| Others | 41.3 | 53.7 | 68.9 | N/A | 29.2% |
| Total | 45.9 | 72.6 | 115 | 114 | 35.4% |
Top Suppliers of Sheep; Live to Serbia in 2022:
- Romania (1094.0 units)
- Bosnia and Herzegovina (64.0 units)
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