Sheep; Live Price in Tanzania - 2023

Contents:

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

Sheep; Live Price in Tanzania (FOB) - 2022

In 2022, the average sheep; live export price amounted to $87 per unit, surging by 3.8% against the previous year. Overall, the export price, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices attained the peak figure at $100 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Comoros ($89 per unit), while the average price for exports to Kenya stood at $18 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Comoros (-0.7%).

Sheep; Live Price in Tanzania (CIF) - 2022

The average sheep; live import price stood at $117 per unit in 2022, increasing by 5.4% against the previous year. Overall, the import price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 83% against the previous year. As a result, import price attained the peak level of $177 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 Kenya ($120 per unit), while the price for South Africa amounted to $97 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+11.3%).

Sheep; Live Exports in Tanzania

In 2022, the amount of sheep; live exported from Tanzania contracted remarkably to 289 units, waning by -32.3% against the previous year. Over the period under review, exports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 194% against the previous year. The exports peaked at 2K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, sheep; live exports shrank rapidly to $25K in 2022. In general, exports showed a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 147%. Over the period under review, the exports reached the maximum at $156K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

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

1. Comoros (278.0 units)
2. Kenya (10.0 units)

Sheep; Live Imports in Tanzania

In 2022, after three years of growth, there was significant decline in purchases abroad of sheep; live, when their volume decreased by -24.2% to 50 units. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 350%. Imports peaked at 66 units in 2021, and then dropped markedly in the following year.

In value terms, sheep; live imports declined markedly to $5.8K in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 209% against the previous year. Over the period under review, imports reached the peak figure at $7.3K in 2021, and then dropped sharply in the following year.

Top Suppliers of Sheep; Live to Tanzania in 2022:

1. Kenya (43.0 units)
2. South Africa (7.0 units)

Source: IndexBox Market Intelligence Platform