Sheep; Live Price in Uruguay - 2022

Contents:

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

Sheep; Live Price in Uruguay (FOB) - 2022

In 2022, the average sheep; live export price amounted to $220 per unit, increasing by 82% against the previous year. In general, the export price continues to indicate a moderate expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($2,102 per unit), while the average price for exports to Paraguay totaled $147 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+8.7%), while the prices for the other major destinations experienced mixed trend patterns.

Sheep; Live Price in Uruguay (CIF) - 2022

In 2022, the average sheep; live import price amounted to $10 per unit, reducing by -89% against the previous year. Overall, the import price showed a precipitous slump. The pace of growth appeared the most rapid in 2019 when the average import price increased by 40%. The import price peaked at $124 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Argentina.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +16.8% per year.

Sheep; Live Exports in Uruguay

In 2022, shipments abroad of sheep; live decreased by -99.2% to 134 units, falling for the second consecutive year after two years of growth. Overall, exports recorded a sharp decrease. The growth pace was the most rapid in 2020 when exports increased by 4,374%. As a result, the exports reached the peak of 35K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sheep; live exports shrank dramatically to $29K in 2022. Over the period under review, exports showed a sharp reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 3,304% against the previous year. As a result, the exports reached the peak of $4.2M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Sheep; Live in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay1.536.311.518.9132.7%
Argentina0.12.23.610.5371.8%
Saudi Arabia1214,1482,095N/A316.1%
Others1.340.018.7N/A279.3%
Total1244,2272,12929.4-38.1%

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

  1. Paraguay (129.0 units)
  2. Argentina (5.0 units)

Sheep; Live Imports in Uruguay

After two years of decline, purchases abroad of sheep; live increased by 370% to 465 units in 2022. In general, imports, however, showed a pronounced downturn. Imports peaked at 533 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, sheep; live imports reduced sharply to $4.7K in 2022. Over the period under review, imports, however, saw a dramatic curtailment. The smallest decline of -12.3% was in 2021. Imports peaked at $56K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Sheep; Live in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina2.20.80.74.728.8%
New Zealand23.74.44.1N/A-58.4%
Australia30.55.14.4N/A-62.0%
OthersN/AN/AN/AN/A0%
Total56.410.49.14.7-56.3%

Top Suppliers of Sheep; Live to Uruguay in 2022:

  1. Argentina (465.0 units)

Source: IndexBox Market Intelligence Platform

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