Sheep; Live Price in the United Arab Emirates - 2021
Contents:
- Sheep; Live Price in the United Arab Emirates (CIF) - 2022
- Sheep; Live Price in the United Arab Emirates (FOB) - 2022
- Sheep; Live Imports in the United Arab Emirates
- Sheep; Live Exports in the United Arab Emirates
Sheep; Live Price in the United Arab Emirates (CIF) - 2022
In 2022, the average sheep; live import price amounted to $111 per unit, shrinking by -7.2% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 20% against the previous year. Over the period under review, average import prices hit record highs at $119 per unit in 2021, and then shrank in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Georgia ($125 per unit), while the price for Australia ($109 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Sheep; Live Price in the United Arab Emirates (FOB) - 2022
In 2022, the average sheep; live export price amounted to $99 per unit, leveling off at the previous year. In general, the export price saw a pronounced shrinkage. The pace of growth was the most pronounced in 2017 an increase of 16% against the previous year. Over the period under review, the average export prices hit record highs at $154 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Bahrain.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -4.2% per year.
Sheep; Live Imports in the United Arab Emirates
After two years of decline, overseas purchases of sheep; live increased by 9.9% to 136K units in 2022. In general, imports, however, saw a abrupt shrinkage. Over the period under review, imports reached the maximum at 236K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, sheep; live imports expanded to $15M in 2022. Over the period under review, imports, however, showed a abrupt decrease. Imports peaked at $21M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Sheep; Live in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 8.3 | 7.3 | 10.3 | 12.4 | 14.3% |
| Georgia | 0.1 | N/A | 0.2 | 1.8 | 162.1% |
| Jordan | 7.7 | 5.4 | 1.3 | 0.7 | -55.0% |
| Lebanon | 0.9 | 0.3 | 1.6 | N/A | 33.3% |
| India | 1.4 | 0.9 | 0.5 | N/A | -40.2% |
| Romania | 1.0 | N/A | N/A | N/A | 0% |
| Others | 1.8 | 1.4 | 0.9 | 0.1 | -61.8% |
| Total | 21.2 | 15.3 | 14.7 | 15.0 | -10.9% |
Top Suppliers of Sheep; Live to the United Arab Emirates in 2022:
- Australia (113.3K units)
- Georgia (14.2K units)
- Jordan (6.2K units)
- India (1.2K units)
Sheep; Live Exports in the United Arab Emirates
Sheep; live exports from the United Arab Emirates shrank sharply to 14K units in 2022, reducing by -36.4% on the previous year. In general, exports faced a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 267%. The exports peaked at 23K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, sheep; live exports plummeted to $1.4M in 2022. Overall, exports saw a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 271%. As a result, the exports attained the peak of $2.2M, and then fell dramatically in the following year.
| Export of Sheep; Live in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 46.8 | 15.8 | 141 | 1,415 | 211.5% |
| Saudi Arabia | 6.5 | 172 | 1,581 | N/A | 1459.6% |
| Oman | 2,005 | 414 | 504 | N/A | -49.9% |
| Others | N/A | N/A | 3.3 | N/A | 0% |
| Total | 2,058 | 601 | 2,229 | 1,415 | -11.7% |
Top Export Markets for Sheep; Live from the United Arab Emirates in 2022:
- Bahrain (14.2K units)
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